Getting started Trading the Naz Minis...

What is It?
E-Mini contracts are smaller electronically traded versions of the S&P 500 and NASDAQ 100 stock indexes. They are 1/5 the size of the larger institutional contracts. E-Minis are traded electronically on your PC.

Why Trade Them?
Volatility creates opportunity to earn much more with lower account balances
Broad market exposure for low cost
You can hedge against your own portfolio
You can be profitable regardless of market direction
Tax advantage compared to stocks

The Case for Trading Futures: The Traders Have Voted! [top]
In a little over 4 years, since inception, average daily volume of the E-mini S&P 500 has grown from 11,000 contracts to nearly 240,000 contracts.
 
Hey Mark

Are you going to go back and dig up every single old post you can possibly find that regards the eminis and then posts some random info about them just so you can get another plug?

This stuff here is 3months old. You've done this numerous times lately. I get tired of loading up threads only to see it's old and the only thing there is some trivial info by you.

So how far back do you plan on going? 6 months back, 1 year back, 2 years back?

Oh yea, almost forgot. INTERACTIVE BROKERS beats your rates easy.
 
No kidding Fitz - I didn't even notice this thread was from April until I read your post.

Mark - I don't know about anyone else - but I doubt I'd ever do business with you based on your posts on various threads. It might be worth some time and money to have a good PR person show you how to be more business-like.
 
Originally posted by stevet
read everything you can find - dont pay for anything - find the simplest strategy - the cheapest broker - the best charting software you can get - then trade the smallest size you can - 1 trade a day, if the market moves 1 tick against you - close the position - if the market goes your way, hold the trade until you feel that the market will turn against you - watch what happens after you close the trade - then go back and analyse what happened and why the position did or did not work out - but the main thing - is that you will be learning to get out the market with a loss - but a very very smal loss, and learning to never let a winning position become a loss

watch how when you win - you feel you are a genius - and when you lose - a) you feel shit and hate yourself - or - b) you decide that it is the markets fault, or the broker or your trading platform or hedge funds that caused you to lose

if its b) - quit trading and try another hobby - if its a) spend a year trading small size and learning to hold wins and take small losses

if you are still around after a year, you will probably be on your way to making some great bucks - and you will know a lot more about yourself than when u started
More...


This is really good advice!
 
Originally posted by ANCHOR



This is really good advice!
More...

About Stevet--
Before I started trading the mini, I thought he might know what he's talking about. After actually trading them, he DEFINITELY knows exactly what he is talking about. Suddenly, I don't find him so irritating.
 
Fitz

I came to the office to do some work and saw your post.
I am looking forward to a great weekend, and I hope yours is
just as good.
In answer to your question of how far do I plan on going back
to give traders information about the Futures. I talk to traders
everyday who have never heard of Futures! So, yes I will
try to help them in any way I can.
And yea, I almost forgot, many of ADVANCED FUTURES
customers have paid less at their former broker.

Have a great day

Mark
 
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