Tuesday, December 31, 2013

Trading Loonies and other trading advocacy sites

Trading Loonies whose mission is to expose "loonies, posers, and other dubious characters of the trading world" is the newest of trading advocacy sites to spring up on the web. It's actually a WordPress blog, but pretty good judging from what I have seen so far and it's about 10 posts or so.

They seem to be particularly preoccupied with some trading forum. Not that I would blame them, and if you check out what they have to say about it, you may not necessarily disagree with them either.

The thing I like most about them is that they have the habit of backing up what they say with solid evidence and even plenty of it at times. That is something that many a trading forum poster could learn quite a bit from. Alas, that's unlikely to happen any time soon. After all, smear, slander, manipulation, deception, cynicism is what trading forums thrive on, their proclamations to the contrary being just another form of smoke and mirrors.

I talk about this and similar sites, which apart from Trading Loonies, are now either defunct or inactive, in a recent article posted on my site in its A Word of Advice section that also aspires - as much as it is possible considering that I am also a trading vendor and don't hide it unlike some - to play the role of trader's advocate.

The article about trading advocacy sites is right here.

The last trading day in 2013

Not bad, just as many others in 2013.

You can see almost all my trading results in 2013 in this section of my site, some other, not posted there, may be scattered on Twitter or on this blog. They are not always complete, more complete daily results are these days found on Twitter where it's simply easier to post them.

All accomplished using KING, an e-mini futures day trading methodology that delivers. And it has been delivering for over 5 years now.

Here is my last trading Twitter update in this glorious year, AD 2013.

And a correction ...

Happy New Year, everybody!

Monday, December 30, 2013

Collection of e-mini futures day trading systems

Called "George Collection," it is a collection of day trading systems from the George family of mechanical e-mini futures trading systems that I have offered over the many years on my site dedicated to trading these highly leveraged financial instruments.

Two of these systems are still being offered separately, George II and George IV, and while the former is a bit of a toy system, the latter is quite powerful and could deliver solid profits in a pretty smooth manner in decent volatility conditions. So could the former, except that its equity curve was more uneven.

Other systems in the collection (George III and George I) are no longer being offered separately, but just like George II and George IV, they can be used for either discretionary trading or as an inspiration for trading ideas. Some of such ideas in KING, the ultimate best seller of mine, are based on the ideas in these systems.

Buying this collection also gives you the full rights to the membership in my e-mini trading forum coming soon.

For more about this system collection, check out its main page.

Sunday, December 29, 2013

Saturday, December 21, 2013

Day trading e-mini futures as a lifestyle

While day trading e-mini futures can be a lucrative business proposition to some people, especially those with deeper pockets and a deep desire to strike it rich, to some it's the lifestyle that comes with it that is the most attractive aspect of day trading these instruments or day trading in general.

I must say that I belong to the latter category. I am certainly not rich and I don't expect to become one as an e-mini day trader. I used to trade more (about 200 days or a even a bit more when starting out in this business about 10 years ago), but these days (or years), I am more laid back and trade about 150-160 days a year only. Well, plus or minus 10.

On my site, in its recent (2013) section of e-mini trading results, you can find 152 daily trading reports each accompanied by a screenshot showing a sample of the trades taken on a give day. These screenshots used to be more complete, but these days more complete results can be found in my Twitter feed where you can see them posted within a minute or two after a trade completion. Not all days I post there, for various reasons, and neither do I on Twitter, but most of the time. What follows below is the screenshot showing my e-mini trading results from December 20th. I did not post them on my site or on Twitter, but they are pretty good nevertheless.

However, even trading only 150 days or so a year is enough to live comfortably, even in a rather expensive place as Los Angeles, where I happen to live. Especially, if you live modestly, as I do.

Day trading is a very competitive business, you need to be in good shape, both physically and mentally, so you are better off to trade when you are at your best and take a break from doing so if you are not.

Taking breaks also prevents you from getting burned out, which happens even in the most exciting of occupations. Trading may seem exciting at first, but so does any new love. Sticking to it for years is less so. In fact, after a while, you may even find day trading quite boring, particularly if you are a system trader. With discretionary trading it is less so and that's one more reason I prefer it these days to the other form of trading that I used to favor more in the past. It keeps you a bit more challenged too, which is not bad either.

Being a retail day trader means that you can work at home on your own terms. You can take a break (even a longer one) whenever it pleases you and you have no one to answer to. No boss and also no people you can be responsible for in your job. But unless you are a self-motivated person, this may not be for you. It may even be a curse in disguise.

However, if you are, I think it's the best occupation, the best home business, you can find out there.

Thursday, December 19, 2013

150 Twitter followers!

It's a nice and round number. Expect it to fluctuate a bit, though. It always does. I am talking about my primary business account on Twitter in which I often post updates of my trading results like the one you can see below.

Here is the official number of followers from the Twitter site.

I don't follow anyone, on principle, but I do follow people back in my personal Twitter account at psi_bar so if you want yet another follower and you are not on Twitter to spam, consider following me there. If you want to follow my trading business, then follow me at emini_guy.

Sunday, December 15, 2013

Physicists and the financial markets

That's also the title of a relatively recent article in FT Magazine, an online outlet of the Financial Times, a popular international financial daily published in the UK.

I found the article quite interesting being a physicist myself. I have been familiar with many of the names mentioned in it, in part due to overlapping physics interests. Most of the people featured in the article are theoretical physicists and some have even worked in the areas closely related to my expertise in theoretical physics that I would define as nonlinear phenomena, broadly speaking.

I have talked about people like that (quants) on this blog and on my site before, but this is still a very good article, one of several dedicated to physics in this issue of this online magazine.

The article is here.

Friday, December 13, 2013

150 daily e-mini futures trading reports

Just posted. On my site dedicated to day trading e-mini futures markets. This year only; a few more may still come this year, though not too many for obvious reasons (check your calendar to see what I mean by that).

Last year, I posted well over 100 such reports too (134, if I am not mistaken) and over the last 5 years or so I have posted over 550 of them, which means over 100 per year on average. These are pretty good numbers and it's rather unlikely you will find them matched by too many vendors out there. Even those who charge much more for their wonder-wares, more than I would ever think appropriate. "Too many" is just a gentle way of putting it.

The 150th daily e-mini trading report was posted just yesterday, and today, Friday the 13th, I am taking a break from trading. Only extreme risk takers trade on Friday the 13th and I am not one of those losers!

To celebrate the 150 e-mini trading reports this year, I installed a Twitter widget on my already awesome website, which now looks even more awesome, if that's even possible. Kidding ... I have been using Twitter for posting near-real time updates on my daily trading performance. You can now follow them on my site, in its updates section.

And KING, an e-mini futures day trading course that is to be credited for all these trading results, is still quite affordable, if I may say so, especially now that I am offering a significant discount on it.

Only $1,200!

Wednesday, December 11, 2013

The power of KING

KING being the ultimate e-mini day trading methodology that is also the basis of the e-mini trading course of the same name.

Here is what meant by this power of KING in today's tweet I just posted.

Incidentally, today completes the 23rd full week of e-mini trading results (due to KING, of course) posted on my site. This year only. Last year I posted "only" 16 such weeks. You can see them all in the current daily e-mini trading reports section.

And that's the last Twitter update, the 8th in a row, today, with 12 trades in total. Can you trade like that? Can your trading "teach" trade like that? Or is he still badmouthing his competitors on that trading forum for idiots and losers? Well, I somehow suspect it's the latter.

Monday, December 09, 2013

550 daily e-mini futures trading results reports

The 550th such report was just posted on my site. The KING trading methodology is a driving force behind all these e-mini trading results. Only $1200 at this point, $300 off this holiday season. Soon to have its own forum using a very cool forum software.

Friday, December 06, 2013

Another 60 points in Dow Jones e-mini futures!

Delivered today by George IV, an e-mini futures trading system for YM and ES.

That's the system that I have been talking here about for some time recently and that is yet another reason why I was right talking about it. It's just a darn good system.

And it's still only $150. Well, I cannot guarantee that this price will last for many more months, but that's what it still is.

Wednesday, December 04, 2013

Reviewing the performance of George IV in 2013

It's a rather informal review, not systematic at all, in part because I no longer market this e-mini trading product as a mechanical system that it was supposed to be by design, though it still may be used this way.

In fact, I intend to re-start monitoring this system purely mechanical performance in 2014, but I will limit it to one strategy only, as mentioned in this short article just posted on my site that does the review of sorts of this relatively simple e-mini futures trading system.

For more about this issue, consult the new article. You may also want to check out the article that highlights the system qualities, also pretty recent.

Tuesday, December 03, 2013

Georgie boy does it again!

More precisely, it's George IV (and he might actually resent being called "Georgie boy") and it's really a day trading system for YM and ES, two very popular e-mini futures markets. And not some other George, though I am so fond of it that I cannot help but personify it a bit.

I follow this system for YM, the market I trade almost exclusively these days, and so can report that it delivered some goods today. Again. Not as much as I was hoping for, but it still did, about 13 points. It came very close (less than 5 points or ticks) to its designated target of 60 points. But then the market rebounded sharply and the system was even losing slightly for a while, however short this while was, to finish in the positive territory at the daily session close at 16:15 EST.

So, the lesson from this story seems to be that once the system reaches 51 points, you probably should start trailing your profit with a stop-loss offset of 10 points, so that you can secure at least 41 of them if the market decides to reverse so close to your target of 60 points. But at this point, it's a discretionary solution and the results I am reporting here are based on a mechanical formula.

I may start tracking this system next year again. At least one of its strategies, the one that is very easy to track, so easy, in fact, that you should be able to recognize its signal by simply glancing at your chart. That's also the strategy that I have in mind when talking about the system results on this blog.

As you can see by checking my posts from the last several months, this strategy is doing pretty well. One one occasion, it delivered a loss, not reported here, but other than that, it delivered profits if I am not mistaken. I am not doing it in a very thorough way, though, as I do not market this product as a mechanical system any more, but as a set of discretionary ideas/strategies, but I don't think I am wrong.

For more about why this e-mini futures trading system still offers a very decent value, please see this relatively recent article about it that I link to.

Monday, December 02, 2013

20% discount on this e-mini futures day trading course

Meaning KING, an excellent e-mini futures trading course; also the name of a trading methodology the course is based on.

Its regular price has recently reached $1,500. Now, for a limited time, you can have it for only $1,200. That's a holiday discount that I like to offer time and again at the end of the year.

You can say many things about KING, but not that it's impossible to make money with it. Of course, practice is what really makes you a champ and not merely buying a course. This or any other one, but why would you want to buy any other one? Seriously, how many of them have been vetted as well as KING? Not too many, I am afraid, and they tend to be more expensive too.

Check the trading results sections of my site, all 5 years of them, for more evidence that KING works and it works very well indeed.

And let's not forget that it will soon have a full-fledged forum for all things related to day trading e-mini futures, very exciting, affordable trading instruments. I am just setting it up.

Sunday, December 01, 2013

Traffic report for this e-mini futures blog or cats in the news again

Just as last month, the cats are leading the pack.

Actually, only one of them, a quantum beastie known as the Schroedinger cat. Well, cats rule the freaking Internet, as I observed on the occasion of the previous traffic report to this blog exactly a month ago, so hardly any surprise here. Plus, this particular "feline" article has been around for a considerable period of time, longer than its competitors (see the list of top ten contenders that follows), and that's an extra (shall we say, even unfair) advantage.

Anyway, here is the list of top 10 posts on this blog, still dedicated to day trading e-mini futures and not cats, that enjoy the greatest popularity as measured by the number of page views they have attracted since their creation. I added links to them, so that you can check them out easily.

1. http://eminimethods.blogspot.com/2011/08/best-schroedinger-cat-joke.html
2. http://eminimethods.blogspot.com/2013/03/dow-e-mini-futures-20-pointer.html
3. http://eminimethods.blogspot.com/2013/06/slavoj-zizek-trading-forums-and-other-1.html
4. http://eminimethods.blogspot.com/2013/01/ali-rogers-victim-of-orangutan.html
5. http://eminimethods.blogspot.com/2013/05/now-posting-my-e-mini-trading-results.html
6. http://eminimethods.blogspot.com/2012/05/trading-forums-and-professional-media.html
7. http://eminimethods.blogspot.com/2011/02/blog-post.html
8. http://eminimethods.blogspot.com/2012/05/george-iv-e-mini-day-trading-system.html
9. http://eminimethods.blogspot.com/2012/05/my-not-so-apologetic-take-on-trading.html
10. http://eminimethods.blogspot.com/2012/08/a-trading-fluke.html

The traffic has gone up since the last update a month ago, or else I probably would not be talking about it here. Its most recent peak (over 100 points above its predecessor) along with its other peaks and valleys over the last several months (or even years) is shown in the image right below.