Trading Styles for ES

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VisionTrader

I am interested in finding out how others trade the S&P emini futures. I trade a system that targets 2 point moves most of the time. I guess I am a scalper, not really sure. My risk on these trades is very small.

Does anyone take a daily position, in the morning before the open in anticipation of the direction for the day? Is this successful?

What type of targets do you look for? And how do you handle your stops? How do you handle the erratic moves at the open?

Sorry for all the questions, feel free to be brief. It just seems interesting to me and I don't know anyone who trades the ES this way.
 
Quote from VisionTrader:

I am interested in finding out how others trade the S&P emini futures. I trade a system that targets 2 point moves most of the time. I guess I am a scalper, not really sure. My risk on these trades is very small.

Does anyone take a daily position, in the morning before the open in anticipation of the direction for the day? Is this successful?

What type of targets do you look for? And how do you handle your stops? How do you handle the erratic moves at the open?

Sorry for all the questions, feel free to be brief. It just seems interesting to me and I don't know anyone who trades the ES this way.
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To make money in the futures industry, you have to do what the professionnals do. SCALP THE MARKET. To properly scalp a market you need to do your homework. Know your levels and have good support and resistance points. Trade the market. Buy breaks and sell rallies.
 
In the classical Nitro fashion, I predict this thread reaches 50+ pages...

Visiontrader:

Every shade of gray will be argued in the next few days about this topic. You have really opened up a can of worms on this one...
 
Quote from vulture:

Every shade of gray will be argued in the next few days about this topic. You have really opened up a can of worms on this one...
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Which is silly because style is a personal thang. Mine is plain vanilla hit 'n run scalping off retracements and reversals with respect to pivots and horizontal s/r.

Uni
 
When the market has failed to decidely show her hand and/or when I feel out of synch with the bigger picture, I am a scalper and will hold onto stuff for only upto a minute (my size is increased bigtime when I scalp, cos my stops are tiny)... when the market action is readily apparent to me, I try and accomodate such action within one of my strategies (trend, reversal etc)...
 
VisionTrader

Most of my trading in the ES is initiated by sells.

I sell into uptrends, I sell into downtrends and I sell in trading ranges.
 
Yes, vision.....I trade the open with a directional bias (strategy runner will automate this for me).

My directional bias is proprietary with a 93% winrate. Some say this is luck, due to my low target verses my high stop in points.

If I do not get my target in 15 minutes I use a time stop and am out.

I use a money management system to pyramid the contracts partly based on account balance, but pull money out of the account to keep the contracts from pyramiding to high. With the money I pull out of the account...I lose in scalp trading the rest of day...LOL

To trade successfully and accuratly from the open you need to automate because of the speed in the AM. My system goes for a smaller target than yours, Vision. I have work in progress to increase my target and yield more profit while reducing the winrate minimally. Due to the pyramiding of contracts the winrate is important to the system.

I have called a few trades in the elite chatroom, but those pro's in there tolerate me only for a few minutes :)

Michael B.
 
Hello all.. I will be offering my new Emini monitor report for the Emini S&P and is of interest mostly to Emini S&P daytraders. All you have to do to get it sent to you is just send me an email and you will be listed. Thats all you have to do. brassa@aol.com

The EMini Monitor is a market report that is issued just at or right after the open of the day session of the Emini S&P. Market direction (long or short) is given with entry points and general target areas. Basic management of signals is also given .

The EMini Monitor can be used standalone or to support your method.

The method used that generates the signals in the EMini Monitor i use without any tech indicator or study so it can be used standalone.

Every trading day at approximately 9:30 AM to 9:35 AM EST ,You will receive the EMini Monitor report in your email inbox. The direction of the signals (long or short) with entry points and general target point is given. If there are any reports that could affect market volatility, You are alerted. I am not really concerned of the data released and deciphering its fundamental impact except for being cautious not to be affected by "knee jerk reaction" that could make an otherwise good signal bad. Instructions for signal management are explained upon your joining. They are very simple to follow.

I strongly suggest basic daytrading or futures experience so you can understand as the EMini Monitor report does not function as a "Daytrading 101" or "Futures 101" course. The Emini monitor expresses my opinion on market turn points,direction ,targeting and stop areas with management basics included.Its not an advisory so there is no hand holding!

As always,Futures trading is very risky..You can lose all or more of your initial investment. No trading recommendations or advice is being given. The information is for entertainment only and is to be construed as basic market commentary. Trade at your own risk. No claims are made! Follow along and judge for yourself if your interested.
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SPAM
 
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