Friday, November 30, 2012

Another full week of trading results - 15th this year

Just finished. Today, November 30th.

Below is the screenshot with all the trades I took today, all 8. It's 3 more than shown on my website, but the purpose of the website daily reports is to showcase how you can make $200 or more. And sometimes, it could be much more if I post my report after I am done with trading for the day. Sometimes I just post when I am up over $200, take a break and may still trade after the break. Such was the case today. Or yesterday, for that matter.



The trades were taken in e-mini Dow Jones, YM, using the KING emini trading methodology.

You want more, check out my site.

Thursday, November 29, 2012

So how good is your e-mini trading system?

Well, that's just a rhetorical question because mine is better.

In fact, mine is so good that I even don't call it a trading system. If I were a good marketer, I would call it a super-system. Or even a super-duper e-mini futures trading system. Or a future (like 22nd century) e-mini futures trading system. Possibilities are limitless if all you care is slick marketing.

But instead I call it a discretionary trading methodology that is an awful mouthful and probably reveals immediately that I am a scientist by training. Actually, I call it that way to avoid any confusion with a trading system because to me a trading system is an objective mechanical trading system and not some discretionary strategy or a bunch of them.

But that does not change the fact that a discretionary trading methodology can be much more flexible and hence more powerful than a mechanical trading system. Let me offer you little neat evidence of it.

Check out the image below. It shows 4 trades in the emini futures market of Dow Jones (YM). These trades were taken within only 7 minutes (even slightly less), no more than 4 contracts per position were used and two of the trades (the first and the last one) did not take even a whole minute. Actually not even 10 seconds [sic!], each.


I seriously doubt a mechanical trading system would be able to do something like that. So, yes, discretionary trading is the way to go. Especially for small retail traders who cannot afford trading with bigger sizes. Discretionary emini trading definitely rocks and so does KING, an emini trading methodology but not a system, that produced these trading results on November 29th.

Wednesday, November 28, 2012

Some useful thoughts for e-mini futures traders and not only

Actually, they could be of some use to everyone. Because as one of the people quoted  in this piece says, "these things are the same in every field." This person is Arnold Schwarzenegger.

More thoughts most likely to come in future.

Monday, November 26, 2012

KING's Holiday Special

Now you can have KING for only $1000, which a whopping $300 discount from the regular price of $1,300 that KING reached a few weeks ago and which is still likely to go up in the near future, particularly when the KING trading forum is launched next year.

But this price is good for only 2 copies, so don't wait.

KING is an emini futures day trading methodology, often also referred to as an e-mini futures trading course as it can serve as good course of day trading emini futures.

For more about this excellent emini trading product check out its main page.

Friday, November 16, 2012

KING's e-mini trading results keep on coming ...

In fact, they keep coming in droves.

Just last week, I mentioned on this blog the 13th weekly cycle of KING's e-mini trading results and today I am pleased to report yet another one. Just completed. Check out my site for more.

Incidentally, as also mentioned in the current results section of my site, there are now well over 100 daily result reports this year only and we are less than 15 such reports away from report #400.

For more about KING, an emini futures day trading methodology (or a day trading course), please see KING's main page.

Thursday, November 15, 2012

TradeStation indicators for KING released

They have been released today, at least officially. But some KING users were able to get them already yesterday.

Their price is only $60 until the end of November, then $75. You need to own KING first in order to be able to buy them.

For more about these custom TradeStation indicators, check out this page.

In addition to the indicators for TradeStation, KING users can enjoy custom designed indicators for  Multicharts, NinjaTrader and Sierra Chart. Free standard indicators for Sierra Chart are also provided, but the custom ones are certainly much cooler.

I am the developer of the indicators for all these platforms except Sierra Chart. I do not plan developing KING indicators for any other platforms, but may develop some KING-inspired indicators for NinjaTrader and perhaps also for Multicharts and TradeStation.

For more about these indicators, please see the KING indicators page.

Wednesday, November 14, 2012

So I traded some more today too

After posting morning results on my site, updating it, and taking care of emailing KING TradeStation indicators to those who had ordered them, I traded some more adding 9 trades to the list of 6 posted on my site.

In the past, I would sometimes update my site in a case like that, but it's simply easier and faster to post to this blog than to my static site and it's mainly because of that I decided to keep posting any updates worth mentioning on this blog. Plus, this is also a way to promote the blog.

So here is a full list of today's trades that includes all 15 of them. I could have still traded some more. The market had a decisive short bias which I exploited mercilessly, but could have easily added 5 trades or more. The market was still dropping when I quit trading. I somehow did not feel like it, I guess.


The market traded is YM, the Dow Jones emini futures market.

You may notice a few trades that did not take even a full minute. That's not unusual for quick e-mini scalping with KING. In fact, one is only 2 seconds long. Or, rather, 2 seconds short!

That's a pretty nice result, but not the best one this year.

Thursday, November 08, 2012

13th weekly cycle of e-mini trading results

A few weeks ago, I mentioned here 12th such a cycle, and today I completed yet another one, probably the last one this year, but don't quote me on this.

Here is the screenshot showing my today's trades.



Five trades, five quickies as I like to call the trades that do not last even a minute. And less than 10 minutes of trading overall. For more emini trading results like that, feel free to check out this section of my site.

Five quickies is hardly a record. My record is 10 quickies in about 20 minutes. I mention it in this article on my site. All these and many other trades I ever alluded to in this blog have been possible thanks to KING, a winning e-mini day trading methodology (or a trading course that is based on it).


Wednesday, November 07, 2012

My best trading day this year

The results from today's e-mini trading session are shown below. The contract traded is YM, the Dow Jones emini futures contract.



Yes, that's 18 trades, all winners, more than $1100 in profits. It was a good trading day, November 7th, with great volatility and a clear trend. The trend was down, a small but extended in time pullback notwithstanding.

One of the trades consumed 12 contracts, which is much more than what I usually trade per position, but I was sure that the market had to bounce off of some resistance layer and so I keep building my position in anticipation of this. I was right and the market eventually dropped.

Several trades did not take even a whole minute, which is not so unusual for the type of scalping that I practice. 

If you want to trade like that, may I suggest that you check out KING?

It is an e-mini day trading methodology (and I may refer to it as a trading course too) that makes emini futures trading a highly successful proposition. Yes, you need to master it, which, needless to say, takes time, but the effort of mastering it may be worth your while.

Incidentally, this is the 100th post on this blog. I am glad it coincides nicely with the best trading day of this year, but I was not planning it.

Tuesday, November 06, 2012

Obama re-elected

Good luck, Mr. President. You will need it even more than during your first term.

Congratulations, too.