Thursday, May 29, 2014

It's been a year since ....

Since I started posting my trading results on Twitter. A bit out of boredom, a bit to challenge myself to try something new.

I don't know how much longer I will continue doing so (things get boring after a while, especially if you keep doing them often), but so far I have managed to post them pretty regularly, several times each and every month. More often when I was starting, because it was new, so more exciting, but also because volatility was much better a year ago than it is these days. See my last post here for more about this issue.

The results are courtesy of KING, an e-mini day trading methodology that I use for my own trading and also offer in the form of an e-mini futures day trading course to anyone aspiring to a career of an e-mini futures day trader. It's rather inexpensive compared to many other courses on the market, sometimes priced at thousands of dollars more, original and not some bastardized version of freely available ideas, and comes with exceptional evidence that its ideas are sound and can make you money.

The trading results I post on Twitter are part of this evidence, but let's not forget that I have been posting them on my site for many more years, almost 6 in total as of this writing.

For more about my practice of tweeting the e-mini futures trading results, feel free to check out this article. It's one of a few dedicated to this issue, a sample of sorts. The other ones are linked to this sample.

Wednesday, May 28, 2014

Low volatility continues

And that's no fun.

Yes, it's easier to trade when you do this with high volatility on your side. That's one of the reasons why I recommend George IV, an e-mini futures day trading system that has had quite a run this year. It trades on days when volatility is higher than usual. Another reason to have this system on your team is because it gives you the right direction in which to trade. If you combine both of these elements, it's really hard not to do well on the days this system works.

However, as you can see from its trading performance this year, this system took only one trade so far in May, which is less than 3 a month on average in the previous months of the year. And since May is just about to end, it's unlikely we will get 3 trades this month. I am talking about YM, the Dow Jones e-mini futures market. In ES, the S&P 500 e-mini market, things were slow already in April: only 1 trade in this market.

But here is the good news. Just like high volatility periods do not last forever, neither do the low volatility ones, so sooner or later we are bound to enjoy some greater volatility and hopefully this will last for a while too.

Still, with KING, an e-mini futures day trading methodology, you can do well even during low volatility periods. Admittedly, some days can be pretty challenging; that's why I was not trading in the last two days of last week and even mentioned it on Twitter.

Check out one of my today's tweets to see that it's the case. That is, that you can still make some money even when the market is pretty slow and congested.

I took one more trade after that as you can also see on Twitter.

One cannot help but wonder if this low volatility does not indicate that the stock market has reached a peak from which it is to start rolling down for a longer while. What I am saying is that with this market at all-time highs, a correction is not unfathomable. And sometimes low volatility precedes such events.

Also, this bull run has been to a large extent due to the Fed injecting money into the economy. That made rich people even richer, but the health of the economy is better measured by how the poor are doing and those are not screaming with delight yet, the last time I checked. This is not to say that this bull market will not to continue in the next few years, but its run may not be as smooth as it has been in the past few years.

Tuesday, May 13, 2014

Trading as problem solving

"Trading as problem solving" is the title of the newest article that I have just posted on my site.

I have posted it in the A Word of Advice section of the site. This section has already accumulated over 70 articles dedicated to trading and the trading business that I hope can be of some interest and use to those considering trading financial instruments, e-mini futures in the first place. More such articles are still likely to come.

You can check out this article here.

I also updated an older article that discusses trading forums, specifically their questionable business practices. This article is here.

Trading forums are a pet peeve of mine, and I don't hide it. I find them more harmful than useful overall, but, as always, there are better ones and not so good at all, though they tend to disappoint compared to online forums in general.

Too much conflict of interest and not enough disclosure of it, lies and manipulation by vendors, some of whom are even in charge (or own the forums), though you may never know it as this is not always publicized, not to mention common malice, certainly not atypical online but rising to totally new levels on trading forums, even to the levels that you can only call pathological, which is bound to lead to circumstances with legal ramifications.

There are a few articles on my site dedicated to the issues of trading forums (see the very same section of A Word of Advice for thatand a special category on this blog, where they are also mentioned, largely among other things, but in some cases more specifically.

Monday, May 12, 2014

11 out of 11!

11 is a weird number. All prime numbers are kinda of weird, but 11 is weirder than most because that's the only prime number that consists of two identical digits and is still prime. Every other number like that is obviously divisible by 11 and so cannot be prime.

Despite its weirdness, 11 was a good number for George IV today in its 11th trade this year in ES, the e-mini futures market of S&P 500, a major US stock market index. This e-mini futures day trading system delivered the 11th winner in this market.

Yes, that's 11 winners in a row or 100% of them so far, almost half way through this year.

For more about the trades this system took this year and its performance in ES and YM (the other e-mini futures market it can also trade) check out the system current results page, soon to be updated.

Tuesday, May 06, 2014

Testing the luckiness of 7 and ...

And more. I am pretty busy these days, so it's unlikely that I will be posting a lot to Twitter, but that's actually the best place to check out to see if I am still alive. I usually am.

It's so much easier to post to Twitter than to a blog and even more so than posting to my static site, so check out my Twitter first for the latest news about what's going on in my trading and vendor business. You can even follow me there. Many people do.

But that does not mean that I am stopping to post to this blog or that my site will now be abandoned. No, not at all. While I may be less active with them than I used to be, you can still expect some articles and trading updates (like in the most recent trading results section) to come there and some new posts on this blog. Eventually, some of this activity will be shifted to my e-mini trading forum currently in the works.

Incidentally, KING's price will also go up, so that's another change to expect in the next few weeks and probably to act before it happens. KING is an e-mini futures trading course based on an original day trading methodology that produces results like those you can see above.