Daytrading Emini Futures for Daily Income
Day trading the Emini S&P Futures really is a great way to make a living! I hear and read a lot of articles, newspaper ads, and even one or two ezine’s that claim day trading is a sure fire way to lose all your money. I totally disagree. On the contrary, it is an incredible way to work a few hours a day and make a very nice 6 figure income.
No doubt, a lot of new day traders find themselves in peril and ultimately lose their money day trading. This bothers me when I read about it. It gives the successful day traders, such as myself – a bad name. I know quite a few day traders who have been succeeding at this for many years. What I learned is that success leaves clues! Meaning, the successful day traders seem to all be doing the same thing while the unsuccessful day traders are also doing the same thing – which, to no surprise is opposite of what the successful traders do!
We need to look at the root of the real problem, which is: Why are most day traders losing all their money? I think thats a real simple question to answer. Usually it is a lack of discipline and a solid set of day trading rules. Sometimes it is under capitalization and fear. Fear in itself is probably the biggest of the day trader “killers”.
You may purchase books, seminars, and perhaps create your own strategies to day … Continue Reading ...