No, I wasn't done yet. But I am now, with 3 quickies to boot. pic.twitter.com/D54IoQr1ej
— emini_guy (@emini_guy) June 28, 2013
Not necessarily an example of classic e-mini trading (I exceeded the number of contracts used per position way beyond 4 on a few occasions), but I was very much in control all the time, maybe with the exception of the position I abandoned with only a 3 tick profit. But that was the right decision too because the market reversed its upward course right there and it was rather easy to anticipate it.
Well, easy enough if you are a KING student. It was also easy to bet as many as 14 contracts because the market did turn south eventually, and, not accidentally at all, in the same area it did so when I was forced to exit with the 3-tick profit. In both these cases, I acted based on some reliable pattern, today particularly reliable for it was reinforced by two extra factors.
Patterns like that are at the core of KING, an e-mini futures trading methodology (and a course based on it), and they are solid enough to make you a winning trader on most days given enough time and effort to master it. I believe the rewards are worth it, but I am not someone to encourage those who believe they cannot do it. If you think so, you are probably right.
To become good at something you need to enjoy the challenge of becoming good at it. If you cannot, if your goal is only to make money, then you may never become good enough to become a profitable trader. Trading is a very competitive business and only those who literally thrive on challenge have a place in it.
As has been the case for a while now, today I have also posted some of my e-mini futures trades to my Twitter feed in near real time. Not as many as two days ago (13 in a single trading day), but it is not my goal to beat Twitter posting records every day (or even every week). I tweet only when I think this is not going to interfere with my trading or anything else more important than tweeting, which means pretty much everything else.
Today I posted 13 screenshots with my e-mini trading results, in near real-time after a trade completion. This could be my new daily record.
— emini_guy (@emini_guy) June 26, 2013
This, incidentally, is post number 200 on this e-mini futures blog. It's not only the number of posts that keeps on growing here, also the number of page views that has recently exceeded 1000 this month and is on its way to exceed even 1,100 by the end of June.
And it is certainly nice to be #1 on Google for "emini futures blog" again, but I would be even happier if I did not know that Google blatantly promotes its own properties and since Blogger is one of them, my number one position there does not make me one bit happier than number three on Bing, for the very same keyword too.