Hello traders, I have decided to try to become funded through an online prop trading firm called TopStep Trader. I am going to give you all some things to know if you are thinking about attempting the combine! Firstly, Topstep trader offers retail traders the opportunity to trade with their money. They have different programsContinue reading “TOPSTEP TRADING COMBINE!”
Tag Archives: futures day trading
IT’S OFFICIALLY A BEAR MARKET
Good Morning traders! This morning is a repeat of some of the mornings we had last week with the S&P 500 stuck at a limit down. The price crashed to 2555.50 on the Mini ES contracts and stayed there since 6:15 PM EST last night. There are currently thousands of sellers stacked right at theContinue reading “IT’S OFFICIALLY A BEAR MARKET”
COMMON TRADING PROBLEMS : UNDERCAPITALIZATION PART II
We have to trade form a business perspective. A business starts typically in a deficit with only survival in mind.
THE (9) EMA – A REAL TRADING TOOL
Good morning investors/traders!! I want to talk about a very efficient trading tool that, maybe you use, or, maybe you don’t. I am talking about EMA’s, AKA, Estimated Moving Averages! Many traders I chat with also use (VWAP) or Volume Weighted Average Price. Now, both are effective if you understand how or why you useContinue reading “THE (9) EMA – A REAL TRADING TOOL”
JOBS REPORT AND THE MARKETS!
Today is a big day for the market indexes. At 0830 EST we will have access to the jobs report. So far the market has had extreme volatility. Yesterdays trading session was wild to say the least. The SP 500 had a major crash to the downside but then not only recovered its loss, butContinue reading “JOBS REPORT AND THE MARKETS!”
ES Short Trade!!!! +$500
OK, so this morning I posted that I entered into a short trade on the (/ES) S&P Mini Future contract. The circle at the top of the chart represents about where I entered the position with 2 contracts short. I covered my position very close to the support line which was the overall goal whenContinue reading “ES Short Trade!!!! +$500”
WHY MICRO FUTURES ARE PERFECT FOR BEGGINNER TRADERS!
Micro futures contracts became available to trade earlier this year (2019), and are a very interesting concept when thinking about trading and or beginning to trade in the stock market. I would argue that it may be the perfect starting point due to the low risk (this doesn’t mean easy), low capital requirement to beginContinue reading “WHY MICRO FUTURES ARE PERFECT FOR BEGGINNER TRADERS!”
