Patience Equals Profit
Patience contributes to trading success
Patience is an important characteristic that contributes to trading success. The futures market will generally put in the intraday high or low within the first hour, often half-hour, of the trading session. Waiting until the intraday high or low is established (sometimes it takes a guess, admittedly) will be rewarded.
Knowing where the intraday end of the daily candle, in conjunction with using the Taylor Trading Technique formulas can forecast where the candle is likely to be. As you can see, having patience, along with your own resources and knowledge can be very profitable. Find more information about the Taylor formulas at my website at timelessdollar.com.
S&P emini futures day traders need as much information as possible to make better trading decisions. Market prices move erratically, but the Taylor Trading Zone is based on calculations developed by George Taylor 75 years ago.
Almost all professional traders use the Taylor Trading Technique every day to help them make profitable trades – because the trading zone has proven to be the next best thing to having a crystal ball. Click the banner below to for more information, read testimonials from users, and how to download your own Taylor Trading Technique Calculator.
Having as much information as possible gives S&P emini day traders a big advantage over “seat of the pants” traders. Without learning as much as possible about the market, it is highly unlikely that a trader will succeed at making money as a day trader.
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