EminiEdge.com FAQs
Learning to Trade
Q: So do I need to have a subscription to EminiEdge or your indicators to Trade?
A: Hell No! I've always had this disturbing discussion with my trading partner about trading as a business: Would you open a store that is totally dependent on someone else having remote access to your door locks and needs to open it every day so you can do business and you have no control of it? What happens when that person gets hit by the beer truck or their computer breaks? You can no longer run your business, in this case 100% of your source of income because of someone else's incompetence? One hell of risk, I'd argue an unacceptable risk! One day you're In business, the next day the door is locked and you have no control. Stupid. (See trader Joe's Trading rule #3). When you buy any indicator from EminiEdge they are yours to keep, no subscription needed. The only small exception is the EminiEdge Structure Level subscription, however I absolutely do not want you to be totally dependent on me or the nightly Emini S/R levels subscription. I offer the nightly levels to help you during the learning process to find the areas yourself, not to be a crutch. The "Finding S/R guidebook" is also there so you can get you started down the path of recognizing where the strong areas of the market are for yourself and the subscription is only there to help you if needed for short term. How many times have you seen sites that will "help" you, as long as you continue to pay and pay and pay every month for a subscription or indicator, sounds fishy to me...
Q: Do you offer a trade room or service and call out trades?
A: Not at this time. I do not want to spoon feed you Emini trades or setups. I want to help you learn to trade, how to think for yourself and be self sufficient. It is important to learn when to enter, why to enter and where to take profits or exit the trade by yourself. As they say, "Teach a man to fish..." You need to do this yourself, not simply follow someone else's "Buy" or Sell" callout.
Q: I've bought a lot of books before and haven't learned to trade profitably yet. Why is yours any different?
A: I do not want to simply sell you "a book". Books are for entertainment, our materials are for education. The materials are offered here in good faith at a fair price so that you will use these as reference materials as you hone your craft of trading. Learning to trade for a living is a journey, not an event.
Q: After I purchase materials and I have questions can I get support?
A: Absolutely. This is one of the things that I offer that you won't find very often. I'll personally respond and do my best to answer any trading or indicator questions you have. I want you to be successful and I'll do what I can, within reason, to set you on the right path. I DO want you to ask questions. This comes with a caveat; IF you do your homework, research and review of the blog articles and site information and still have questions, ask! If you start asking questions that are answered on the site or on page 1 of the supplied documentation I'll know you're looking for an easy answer rather than doing your own work, so do your own due diligence, please.
Q: Do you trade in the after hour markets, ie. Globex and will the S/R zones I get from you work there?
A: I do not normally trade the Globex but I from time to time do place a trade if things look really good. Yes, the indicators and S/R seems to work well, even in the Globex session, but again, I do not trade this consistently so there may be some quirks I'm unaware of.
Learning to Trade
Q: So do I need to have a subscription to EminiEdge or your indicators to Trade?
A: Hell No! I've always had this disturbing discussion with my trading partner about trading as a business: Would you open a store that is totally dependent on someone else having remote access to your door locks and needs to open it every day so you can do business and you have no control of it? What happens when that person gets hit by the beer truck or their computer breaks? You can no longer run your business, in this case 100% of your source of income because of someone else's incompetence? One hell of risk, I'd argue an unacceptable risk! One day you're In business, the next day the door is locked and you have no control. Stupid. (See trader Joe's Trading rule #3). When you buy any indicator from EminiEdge they are yours to keep, no subscription needed. The only small exception is the EminiEdge Structure Level subscription, however I absolutely do not want you to be totally dependent on me or the nightly Emini S/R levels subscription. I offer the nightly levels to help you during the learning process to find the areas yourself, not to be a crutch. The "Finding S/R guidebook" is also there so you can get you started down the path of recognizing where the strong areas of the market are for yourself and the subscription is only there to help you if needed for short term. How many times have you seen sites that will "help" you, as long as you continue to pay and pay and pay every month for a subscription or indicator, sounds fishy to me...
Q: Do you offer a trade room or service and call out trades?
A: Not at this time. I do not want to spoon feed you Emini trades or setups. I want to help you learn to trade, how to think for yourself and be self sufficient. It is important to learn when to enter, why to enter and where to take profits or exit the trade by yourself. As they say, "Teach a man to fish..." You need to do this yourself, not simply follow someone else's "Buy" or Sell" callout.
Q: I've bought a lot of books before and haven't learned to trade profitably yet. Why is yours any different?
A: I do not want to simply sell you "a book". Books are for entertainment, our materials are for education. The materials are offered here in good faith at a fair price so that you will use these as reference materials as you hone your craft of trading. Learning to trade for a living is a journey, not an event.
Q: After I purchase materials and I have questions can I get support?
A: Absolutely. This is one of the things that I offer that you won't find very often. I'll personally respond and do my best to answer any trading or indicator questions you have. I want you to be successful and I'll do what I can, within reason, to set you on the right path. I DO want you to ask questions. This comes with a caveat; IF you do your homework, research and review of the blog articles and site information and still have questions, ask! If you start asking questions that are answered on the site or on page 1 of the supplied documentation I'll know you're looking for an easy answer rather than doing your own work, so do your own due diligence, please.
Q: Do you trade in the after hour markets, ie. Globex and will the S/R zones I get from you work there?
A: I do not normally trade the Globex but I from time to time do place a trade if things look really good. Yes, the indicators and S/R seems to work well, even in the Globex session, but again, I do not trade this consistently so there may be some quirks I'm unaware of.
Emini Trading Indicators and General
Q: If I already have the EEdge indicators (Trend, HeatMap, LRE and Volume) do I have to purchase different set that will work with the new MTF Series indicators?
A: No. The original stand-alone EEdge indicators will continue to work just fine. If you want to add the "Combo-View" discussed throughout the web site just purchase the MTF Add-On series (MTF-Trend and MTF-Volume) and they will work with the original indicators to create the view you want. When you get the instructions with your purchase it includes some videos that show how this all gets set up in detail.
Q: If I can only afford one item from EminiEdge, what would you recommend?
A: This is a really tough question. First I'd say if you can't afford a couple hundred bucks for a tool to try and make you a trader you shouldn't be trading at all as you are under capitalized and are doomed to fail. Okay, maybe you're just cheap... or I mean prudent. Well, in that case it is a tough call but I'd say the EEdgeTrend first. This is followed CLOSELY by the EEdgeHeatmap and then the EEdgeVolume. Honestly, these three are designed to work together and do one hell of a good job so I'd recommend these three as your bare minimum tools. The other items really add value but these three will first give you a great base to build your knowledge from. Get those and as you get better and better trading add the other items if you need them. Since I've evolved the MTF Add-On Indicators I can't imaging trading without them. The "Trend-Predictor" removes my indecision and the chart flipping nearly non-existent.
Q: Can I pay for my stuff with a Credit card, not with PayPal?
A: Yes. Go through the payment section when checking out, then when asked for payment information click the button that shows "Pay with Debit or Credit Card". Enter your card information as directed from there to pay with Visa, Mastercard, Discover or American Express...
Q: What trading platform/broker do you use or recommend?
A: Over the years I used e-Signal, Multi-Charts, Trade Navigator, Ninja Trader, TradeStation and various broker supplied trading platforms, both stand alone and web based. I recommend TradeStation hands down. I use them for the charting platform and integrated broker. They're always there when I pick up the phone. Regardless who you use for a broker or platform, ALWAYS do your own due diligence. I came across a dandy site, BestBrokerdeals.com that has done a lot of footwork already on comparing brokers that is worth a visit.
Q: Do the indicators work on all symbols or only on the ES?
A: The indicators work on other symbols but will depend on the data available from the exchange and as such some instruments may have nuances that I'm unaware of. As long as the symbol has volume (unlike Forex) most items should work but I won't be able to assist as much with detailed setup parameters like I would for the ES. Every item on every indicator will not work on every instrument out there so if you're unsure, send me an email with the instrument and your parameters and I can try a few screens to make sure they meet your needs before purchasing.
Q: How often do you update the indicators and what does the update cost?
A: I update my platform regularly so the indicators should work through the latest released version. If there is a revision or a bug fix, I'll release this for free, depending on the level of the change. I can't say I'll support these forever for all versions but I'll do my best to keep things current.
Q: What is the "Heat Map" I hear you talk about in videos?
A: The heat map refers to "hot" areas of interest by the professionals (very high "heat" or red color) then amateurs (medium, but lower "heat" or yellow color) and finally normal or typical action (low "heat" or green color). Think about a thermal camera seeing reds as "hot", yellows as "medium" and greens as "cool"... this is what I mean. It simply refers to high and low interest by professionals and amateurs as reflected in average trade size on the charts.
Q: Do you offer one-on-one mentoring?
A: I've done a few of these based on requests but time always seems to be the problem. If you have an interest in this drop me a note and I'll see if fits in my schedule at the time. I understand that nothing beats real time trading or real trades when you're learning.
Q: I bought your indicators but now my situation has changed. Can I get a refund?
A: All sales are final. I understand things happen but electronic products are impossible to confirm they have not been utilized or copied in some way.
Q: Do you plan on releasing indicators for other platforms such as NinjaTrader or ThinkOrSwim etc.?
A: All indicators are for TradeStation only. Sorry, I'm a trader first and don't really have interest in learning another platform to program an indicator for it. Never say never they say, but no immediate plans anyway.
Q: How long will it take to receive my stuff after I place my order?
A: All the products are electronic and should appear in a few minutes.
Q: Will the indicators expire?
A: This could be a two sided question. So first, the indicator code does not expire. Once licensed, they are yours. The other side is a question about trading the S/R and market internals itself, which is so consistent and robust and reflects what the pros and amateurs and their emotions are doing, so this will never become outdated. Human psychology is very repeatable...
Q: Can I modify the indicator code?
A: The indicators do have user adjustable features however the .ELD code itself is locked.
Q: Can I load the files on two computers?
A: Yes, no problem. As long as it is your own equipment just load the files again by following the installation instructions.
Q: My computer crashed and I lost all my indicators, manuals and info from EminiEdge.com. Can you re-send it?
A: First, be a professional and back up your files. Trader Joe's Cardinal Rule is "There's no room for stupid mistakes". So yes and no. Yes, we can send you new files but there will be a fee at our discretion.
Q: Do you offer Free Trials?
A: We do not offer free trials on any software or training manuals offered.
Good Trades,
-Trader Joe
Q: If I already have the EEdge indicators (Trend, HeatMap, LRE and Volume) do I have to purchase different set that will work with the new MTF Series indicators?
A: No. The original stand-alone EEdge indicators will continue to work just fine. If you want to add the "Combo-View" discussed throughout the web site just purchase the MTF Add-On series (MTF-Trend and MTF-Volume) and they will work with the original indicators to create the view you want. When you get the instructions with your purchase it includes some videos that show how this all gets set up in detail.
Q: If I can only afford one item from EminiEdge, what would you recommend?
A: This is a really tough question. First I'd say if you can't afford a couple hundred bucks for a tool to try and make you a trader you shouldn't be trading at all as you are under capitalized and are doomed to fail. Okay, maybe you're just cheap... or I mean prudent. Well, in that case it is a tough call but I'd say the EEdgeTrend first. This is followed CLOSELY by the EEdgeHeatmap and then the EEdgeVolume. Honestly, these three are designed to work together and do one hell of a good job so I'd recommend these three as your bare minimum tools. The other items really add value but these three will first give you a great base to build your knowledge from. Get those and as you get better and better trading add the other items if you need them. Since I've evolved the MTF Add-On Indicators I can't imaging trading without them. The "Trend-Predictor" removes my indecision and the chart flipping nearly non-existent.
Q: Can I pay for my stuff with a Credit card, not with PayPal?
A: Yes. Go through the payment section when checking out, then when asked for payment information click the button that shows "Pay with Debit or Credit Card". Enter your card information as directed from there to pay with Visa, Mastercard, Discover or American Express...
Q: What trading platform/broker do you use or recommend?
A: Over the years I used e-Signal, Multi-Charts, Trade Navigator, Ninja Trader, TradeStation and various broker supplied trading platforms, both stand alone and web based. I recommend TradeStation hands down. I use them for the charting platform and integrated broker. They're always there when I pick up the phone. Regardless who you use for a broker or platform, ALWAYS do your own due diligence. I came across a dandy site, BestBrokerdeals.com that has done a lot of footwork already on comparing brokers that is worth a visit.
Q: Do the indicators work on all symbols or only on the ES?
A: The indicators work on other symbols but will depend on the data available from the exchange and as such some instruments may have nuances that I'm unaware of. As long as the symbol has volume (unlike Forex) most items should work but I won't be able to assist as much with detailed setup parameters like I would for the ES. Every item on every indicator will not work on every instrument out there so if you're unsure, send me an email with the instrument and your parameters and I can try a few screens to make sure they meet your needs before purchasing.
Q: How often do you update the indicators and what does the update cost?
A: I update my platform regularly so the indicators should work through the latest released version. If there is a revision or a bug fix, I'll release this for free, depending on the level of the change. I can't say I'll support these forever for all versions but I'll do my best to keep things current.
Q: What is the "Heat Map" I hear you talk about in videos?
A: The heat map refers to "hot" areas of interest by the professionals (very high "heat" or red color) then amateurs (medium, but lower "heat" or yellow color) and finally normal or typical action (low "heat" or green color). Think about a thermal camera seeing reds as "hot", yellows as "medium" and greens as "cool"... this is what I mean. It simply refers to high and low interest by professionals and amateurs as reflected in average trade size on the charts.
Q: Do you offer one-on-one mentoring?
A: I've done a few of these based on requests but time always seems to be the problem. If you have an interest in this drop me a note and I'll see if fits in my schedule at the time. I understand that nothing beats real time trading or real trades when you're learning.
Q: I bought your indicators but now my situation has changed. Can I get a refund?
A: All sales are final. I understand things happen but electronic products are impossible to confirm they have not been utilized or copied in some way.
Q: Do you plan on releasing indicators for other platforms such as NinjaTrader or ThinkOrSwim etc.?
A: All indicators are for TradeStation only. Sorry, I'm a trader first and don't really have interest in learning another platform to program an indicator for it. Never say never they say, but no immediate plans anyway.
Q: How long will it take to receive my stuff after I place my order?
A: All the products are electronic and should appear in a few minutes.
Q: Will the indicators expire?
A: This could be a two sided question. So first, the indicator code does not expire. Once licensed, they are yours. The other side is a question about trading the S/R and market internals itself, which is so consistent and robust and reflects what the pros and amateurs and their emotions are doing, so this will never become outdated. Human psychology is very repeatable...
Q: Can I modify the indicator code?
A: The indicators do have user adjustable features however the .ELD code itself is locked.
Q: Can I load the files on two computers?
A: Yes, no problem. As long as it is your own equipment just load the files again by following the installation instructions.
Q: My computer crashed and I lost all my indicators, manuals and info from EminiEdge.com. Can you re-send it?
A: First, be a professional and back up your files. Trader Joe's Cardinal Rule is "There's no room for stupid mistakes". So yes and no. Yes, we can send you new files but there will be a fee at our discretion.
Q: Do you offer Free Trials?
A: We do not offer free trials on any software or training manuals offered.
Good Trades,
-Trader Joe