Profitable Emini Trading
With Gap Trades
Skilled Traders Use Gap Trading Strategy To Make Quick Profits
Where will the emini futures trade today? That’s the big unknown. One particular trade, the gap trade, is a trade that has high reward, with relatively low risk. That’s because gaps are known to close 75% of the time. Aside of the gap trade, there are few trades that have the same degree of success. Trading takes knowledge, and knowing where the market is going to trade is impossible. BUT, knowing where the market is likely to trade is very possible. In fact, professional traders and those who study market movements have a good idea of where the market is likely to trade on any given day. Knowledge is power. For me, the trading zone calculations I do every evening for the following day prepare me with the knowledge I need to trade. If you would want to receive this information each evening for the following day, it’s available at my site at Timelessdollar.com
Anyone who wants to learn how to day trade S&P emini futures needs to have as much information as possible in order to help determine where to place a trade. Trading is not easy to do because it is impossible to know the future with any degree of certainty. But the market does give off signals and a wise trader needs to know how to interpret the signals. Market prices seem to move erratically, but with enough information, trading S&P emini futures can be done with a greater assurance of success. An S&P emini futures trader who has Information about market signals and knows how to use them makes knowledgeable traders much more successful than others who use “seat of the pants” method.
Some of the information that S&P emini futures traders should have are:
- The Trend
- The Intraday and / or Low
- The Calculated Trading Zone via Taylor’s Book Method
- The daily calculated range
- Support and resistance levels
- Stochastics
- Candlestick patterns
These are some of the bits and pieces of information every trader needs to have in order to assess a trade. Of course, that is not to say that even with all this information a trade will work out, but having this knowledge puts the odds of success more on the trader’s side.
Having as much information as possible gives S&P emini day traders a big advantage over “seat of the pants” traders. It cannot be stressed enough that without learning as much as possible about the market, it is highly unlikely that a trader will succeed at making money by day trading S&P emini futures, much less in a trading career.
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