SHORTING THE /ES MINI FUTURES CONTRACT

/ES 5 MIN CHART INTRADAY (NINJA TRADER)

Today was a really good day to trade futures as I am a Short Biased trader. Immediately this morning I suspected the market to go to the downside, and it did. With manufacture report a miss, the impeachment clown show, and the non farm payroll showing signs of economy weakness we may be seeing some short side to the S&P for a little while.

Today’s trade was a short side trade with one contract of the /ES Mini S&P 500 Future contract with an entry @2923.00. I could not have entered at a better spot on a bearish pullback.

PULLBACK ENTRY SHORT THE /ES MINI

I sat in this trade for some time and actually got out a little too early! As soon as I saw that I was 13 whole points in the green I flattened out of my position with a decent profit. I am hoping that the market stays on a bearish course because I am far better at trading tragedy.

As traders I believe most are long biased, but I should warn you if you have not decided to venture into shorting I would say you are missing out on a whole new way of profiting from the market. With Futures trading there is no PDT and every contract is available to buy long and sell short!

Published by Eric Jobb

Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: