How To Lose Money Trading Eminis
One of the most frequently asked questions I hear from traders is “can I make money trading eminis”. The answer, of course, is “sure, you can make money trading eminis, but you can also lose money trading eminis”. New traders who think that trading is easy are almost always quickly disabused of that belief. Quite the contrary. It’s actually quite easy to lose money trading emini futures. On the other hand, making money trading eminis is very much like making money in any other business activity. That is, it takes effort, having deep knowledge about your business, and experience. The market doesn’t just hand you money just because you show up.
Most traders, but especially newbies and novices, don’t even know what they don’t know, and there is a lot to know about the emini market.
On the other hand, when an emini trader makes the effort to learn the business of trading, and then spends time to gain experience learning the nature of the emini market, that trader will likely be successful.
tFact is, it is not easy to learn how to trade, but nothing worthwhile is easy. In spite of this fact, learning how to trade should be included as part of the curriculum taught in schools. I say this due to the vastly different economy of the early 21st century.
If you’re trading eminis and your “trading system” is basically “trading by the seat of your pants”, and you’re losing money on average, there’s a smarter way to trade. Emini trading can actually be “by the numbers”, where you know the likely price target where the market is going before it gets there. That’s powerful knowledge, and that method of trading actually exists.
Learning this information is certainly not quick and it is not easy. But it is extremely valuable because it works! Trade by guessing is a recipe for failure. It’s much better to trade with a deep knowledge of the market and how it has been moving over a period of time. By studying this information and knowing how to quantify it, an emini trader will know the approximate support level, the resistance level, and the range that prices will move, from low to high (or vice-versa) for any given trading day.
It actually requires a good deal of time to acquire this skill. But as I said, it is worth it. As an experienced emini trader, I possess knowledge of this information and pass it along to my students each day. I actually provide them daily information as to where the market will trade most likely on the following trading session. Of course, I teach this in my trading course and students can learn how to calculate these numbers themselves. As I said, this is powerful information that other trading schools simply don’t provide.
Not everyone who learns how to trade is successful, but every successful trader has invested in a trading education.
The emini trading course I offer here at Timelessdollar will teach you everything you’ll ever need to know for you to become a successful trader. Definitely check it out – subscribe to my mailing list to learn about it.
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Trading is a skill that will give you the knowledge to generate income for the rest of your life, without depending on a job, a boss, or a paycheck. Take charge of your financial future – if not now, when? This valuable knowledge is just a click away.
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