Thursday, April 30, 2015

9 quickies out of 12 trades

As you can see from a Twitter post embedded below, one of several I made today. It shows 9 trades that did not last even a whole minute among all 12 trades I took today. The trades are in the Dow Jones e-mini futures market, YM, the market I tend to trade almost exclusively these days.
And here's another tweet.
Yes, indeed: "very nice, high five!"

And did I mention that I use KING? Well, I do.

That's the only trading methodology I know of that can make things like that possible. In fact, 9 quickies out of 12 is hardly my record. I once had 10 out of 10 within about 10-15 minutes! You can find out more about it that on my site if you dig deep enough. I may provide a reference later on, if I don't forget about it.

KING, an e-mini futures day trading course, is still only $1,400.

Wednesday, April 29, 2015

Another (e-mini futures) trading sandwich

That's what I call it when the first and last trade are similar in some way. In this case (see the image below with the list of trades I took today), the trades in question are quickies, that is, they did not take even a whole minute to reach their targets.

The first trade was a 10-pointer, while the last one was only a 5-pointer, which is pretty much what I am usually after, but since volatility was quite good today, I thought that 10 ticks was possible too and the first two trades scored 10 ticks per contract, the contract being that of the Dow Jones e-mini futures, my favorite e-mini futures market.

All the trades were on the short side. I thought the market had a rather strong short bias today, which also explains why I stuck to one of my positions for over an hour and even increased its size to 8 contracts. I was totally validated when the market hit a new low of the daily trading session around the time I took the last trade.

All that would have never been possible without KING, an e-mini futures day trading methodology and a trading course of the same name. I have been using this methodology for many years now, have been marketing it for some seven years, and showcasing it on Twitter for about two years.

You too can be another successful KING trader. See my site for more on how to become one.

P.S. I actually took 2 more trades after I had written this piece, both successful, and you can see a record of them in the KING's daily trading results section of my site.

Sunday, April 19, 2015

Updating equity curves for George IV

George IV is a mechanical e-mini futures day trading system for ES and YM, two very popular e-mini futures markets, the former being the most liquid of all US stock index e-mini futures.

The system was originally designed for ES, the S&P 500 e-mini futures market, but proved to work just fine for YM, the Dow Jones e-mini futures market as well. Not surprisingly perhaps, as YM is similar to ES in its daily price patterns.

I have talked about this system and its performance quite a bit on this blog. I have posted some equity curves here too, including for 2014, and one for its early performance in 2015 in a category in which it was not tracked in 2014.

I think it's time for another update.

What follows are two graphs showing the equity curves for ES and YM as of April 17th, the day of the last trade shown on them in either market. As you can see this is the continuation of the graphs from 2014 using the same trading rules, of course.

You can click on these images to see them in their full glory.

One thing that you may notice if you compare them to the graphs posted here in late December last year is that in 2015 the system is a less effective, but it still keeps posting new peaks in the equity curves. As of this point in 2015, it has posted 2 of them in each market it can trade.

That is good, because it means that had you started trading it in one of the dips in the equity curves you would have been nicely ahead.

You may also notice that over the past 16 months or so, the system has not had more than 3 losses in a row, which is pretty good too. In fact, in YM it had only 2 losses in a row at worst.

The record number of consecutive wins is much greater, 11-12, if I am not mistaken; again, you can find it out from the graphs, if you are less lazy than me, but the point is that this number(s) are significantly bigger than the number(s) of consecutive losses, by the factor of 4 or 5.

In 2015, this fine mechanical e-mini futures system is being tracked here. It is only $400. You can use it to improve your trading with KING, an excellent e-mini futures day trading methodology.

I intend George IV to be the foundation of trading education on the e-mini futures forum that I have opened last year and which has yet to reach its full potential, to put it quite mildly. But reach it will. Unfortunately, I am now bogged down with things I would not have to be doing in a more perfect world. Fortunately, that's only temporary. But, then, so is life.

Friday, April 17, 2015

Both KING and George IV has delivered today

Or another boring day because it's pretty much business as usual, especially when it comes to KING.

6 and 60 points for George IV, a very fine e-mini futures day trading system, in ES and YM, the two e-mini markets it trades, and another very good day for KING. The latter practically does not have bad days, but that depends on the trader as well. After all, it is a discretionary trading course and methodology.

See my last Twitter trading update from today (right below), and the trading results pages of George IV and KING, to be updated soon, for still even more.

I should add that George IV has made another peak in its equity curve, the second one this year, in both markets. I may post the equity curve graphs of this system here later this month.

Monday, April 13, 2015

Enlightenment and cows

I have been thinking about enlightenment lately. Not the very first time, of course, but this time I have come to some more or less original conclusions.

The main conclusion I have come to is that for most people, myself included, the best shot at enlightenment is when we get re-incarnated as cows.

The lesser conclusion, that follows from that, is that I really don't want to be enlightened that badly, which also reminds me of this exchange between two "seekers."

"Do you meditate?"

"No, I prefer stress."

Well, I think meditation can be useful. As long as, that is, it does not turn you into a cow. However, if used in moderation, this is rather unlikely to happen. Meditation can certainly be useful for traders. I meditate, although lately I have neglected it a bit. It's probably time to return to it.

Not that there is anything wrong with being a cow. It's just that it is not for everyone.