Greetings fellow EminiEdge Traders!
Thanksgiving here in the US and a time for reflecting on those who we're thankful for! It has been a GREAT YEAR so far advancing our Emini trading strategy as we continue to plug along taking bite after bite with some big wins and some little ones. I'm not trading this holiday weekend and thought I'd say thank you the best way I can, by offering you my life's work for the best value I've ever offered. Click through to the Pricing Page for the discounts on the trading products. This has never been done before and will only be out there for a limited time so don't wait around. The products also come with my personal guidance so if you're ready to kick your trading to the next level now's the time.
On a personal note, I appreciate your thoughtful and articulate questions throughout the year. There's only a handful of idiots that contact me with poorly written, uneducated bursts of garbage that tell me they want an easy answer and will never become a full time trader, ever. If they're not willing to watch a 10 minute video showing where I enter trades and what strategy I use to get there, they certainly won't ever put in the effort to transition into a new, and difficult profession. Thankfully 99.9% of the EminiEdge followers do not fall into this category and again Thank You for that! In my opinion this has been one of the best years I can remember as far as the quality of the followers...
When you celebrate with friends and family this year, have a beer for me. I'm partial to Lagunitas...
If what I offer is useful to you, don't feel shy about a +1 somewhere. It is increasingly important in the online community and I appreciate your time!
Today I wanted to show a little more detail on my brain, uh, my process when watching the market and trading it. Determining a bias and having solid setups and entries is crucial, it allows you to pull the trigger with confidence. If you're having trouble pulling the trigger, or, your pulling the trigger like you have OCD on cafiene, your plan is probably not well enough defined. The EminiEdge Manuals and Indicators aim to fix that... If you however, have some other mental disease which causes you to wonder around at night dressed in a cape, mumbling about the S&P 500, well, can't help you there... You're on your own. Anyway, don't forget the Black Friday week when we will have a big discount on the items on our site. Only will last for a day or so and likely will never happen again...
Kind of a choppy trendy day, action acting a bit nervous. With the holidays coming here in the US we're expecting a bit lighter volume on the Emini with some trading action that wil try our patience. That, by the way, is the #1 thing to focus on if you're having a tough time of it... Patience. Hope you all had a good week trading...
Always like reversals if you hit it right. If not you can get backed over in a heartbeat and you sit wondering what just happened. When they work they can really go for a while though and with the EminiEdge setups we have an edge that allows us to do just that. This video shows an actual trade as well, not really sure if followers like when I post these or not. If you do or don't, let me know...
Something a little different today as everyone, I mean everyone, has bad days, myself included. Most of the time we'd all like to shrug it off as a sporadic market or some random error that wasn't our own. All errors are our own and we need to own them. Big advances can be made if you're willing to analyze your mistakes (or just plain stupidity) and learn from them. If you truly love trading you need to be willing to dig deep into your gut and stare your bad trades square in the face. It's hard and expensive but effective. Beat yourself up, learn from them then move on. Trading the Emini, even with a good strategy, isn't for the faint of heart. Toughen up, tomorrow is another brand new day to start over... Hope you all had a better day than I...
The market action this week paused as expected but I'm expecting some fireworks soon. The range days had some nice little runs but the drops couldn't hold and bounced back up on numerous occasions. These gave us some nice trade setups however if you were quick. If not, had a tough time not chasing it, which used to be one of my trading sins, but not as much anymore. Got to wait for a setup, and if you miss it, don't turn in to an amateur and "revenge trade", just be calm and wait for the next one or call it a day... Either way, practice good habits. Hope you had a good week trading.
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"Trader Joe" trades the Emini S&P exclusively and is the main influence behind EminEdge.com.
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