Maximize Your Trading Potential with the E-mini: The Go-To-Market for Pros

The E-mini is a popular futures contract traded on the Chicago Mercantile Exchange (CME). It represents a small portion of the underlying asset’s value, which can be various things, including equity indices, currencies, and commodities. The E-mini is particularly popular among traders because it offers several advantages over other markets.

Why Day Trade?

In May 2004, the U.S. Departed of Labor declared that 20.7 million persons performed work at home as part of their primary job. One-third of these persons were self-employed (approximately 7 million persons).

While we have no statistics to determine exactly what occupations these persons had, it is safe to say that working from home is becoming a more desirable option than a traditional work environment. With the U.S. economic recession in 2008, millions of workers (in the U.S. and worldwide) had to find new employment and, in many cases, reinvent themselves.

With a mild increase in economic performance, the U.S. has not fully recovered. Stay-at-home income, either full-time or supplementary, is still highly sought after. In recent years, we at Day Trade To Win have noticed an increase in the number of people wanting to learn day trading.

What Type of Day Trading?

To learn day trading, a minimum of $3,000 to $5,000 is recommended for futures trading. Unlike other types of trading, futures trading is less expensive, is regulated, and performs consistently enough to provide an income (if traded correctly).

Day trading stocks is far more expensive, requiring $25,000 plus significant broker fees. Forex trading can be less expensive than futures trading but is far riskier — it’s a free for all with no regulation. Futures trading is based in the United States and adheres to and is monitored under government requirements.

The most popular futures contract is the E-mini S&P, offering excellent day-to-day volatility. When trading the E-mini, you can make money when the marking is climbing or falling — something you can’t do with stocks.

What is Required?

Aside from the financial assets already mentioned, E-mini trading requires a basic understanding of how the markets work, a license to day trading software and data service, an understanding of how to operate the day trading software, and broker-to-place trades.

To get traders on the road to success, we offer a 30-day trial for NinjaTrader day trading software through Optimus Futures (a brokerage service). This trial period allows you to learn how NinjaTrader works and trading basics — trading terminology, how to place orders, and interpret charts.

In addition, you can use live data for simulated trading — no money is used. NinjaTrader provides a complete list of partner brokers here: http://www.ninjatrader.com/partners. While rates vary, the actual round-trip price for placing E-mini trades is relatively inexpensive. After you become comfortable enough trading, the next logical step is to purchase a software license and get connected through a broker.

This is a common mistake. Traders often burn through accounts in a couple of weeks and give up. To be successful, the next step is to learn day trading through courses or live training.

What Type of Day Trading Course?

Hundreds of indicators, day trading systems, vendors, and instructors exist. Most of them are excellent marketers — they sell a product, promise the moon and then disappear or refer you to the fine print. If an educator seems reputable, chances are they are selling an indicator or other software-based solution.

We advise against this approach — the quick sale- because no education is provided. A trader’s hopes and dreams are controlled by each mark drawn on the chart by the indicator. This is not a long-term solution because markets change, and indicators cannot adapt. Instead, the best way to learn day trading is to learn a skill like a price action.

What is Price Action Trading?

Price action trading is day trading in its purest form — apply unique strategies based on price as it occurs live on the charts. Price action traders use only the chart and price action to determine how to enter, exit, and how many points to go for. Price action trading usually focuses on recognizing trade setups — formations of candles or any other graphical representation of price.

Once a pattern is recognized, a price action trader engages the trade according to the rules. Since price action is based on real-time information and an understanding of the market, the trader is fully in control. Also, an inherent property of price action is adaptability.

Price action strategies, like those we offer here at Day Trade To Win, are cross-compatible. That means the more price action methods you recognize, the better you filter out unsuccessful trades and maximize profits on the big moves.

What is Day Trading Course Best for Me?

We offer eight unique solutions to learn day trading — all listed on our courses page. All courses are written with beginners in mind, although experienced traders will receive the same benefit. All courses come with free customer support, and most include live training.

The best solution for any trader is to take the Private Mentorship Program. Private Mentorship teaches 11 unique price action methods through eight weeks of either one-on-one or group instruction. Every day trading course (with accompanying software) is included. Mentorship holds nothing back — every day, the trading secret is revealed.

Day traders just starting and want to avoid committing to eight training weeks often purchase a scalping course (such as the Trade Scalper or Price Action course). While either method offers a great way to make profits, we recommend the Scalping Mastery Combo package, so you can learn to trade “countertrend” or with the trend.

Our new Power Price Action course provides four DVDs for visual learners that teach several unique trade setups. Eight weeks of training are also included with this PPA course, ensuring that every trader walks away with a complete understanding. A 50+ page color workbook is included, too — a perfect reference guide with plenty of charts.

The ATO 2 (At the Open 2) method has been a favorite among E-mini traders for several years. It is Day Trade To Win’s first product and continues to provide traders with consistent profits. Many traders use the ATO 2 exclusively, trading no other system for income.

Besides Private Mentorship, our most popular day trading solution is the Atlas Line. Although it appears similar to an indicator, the software is price-action-based. Traders who use the Atlas Line can determine (with great accuracy) where the price is headed — long or short and place trades before the big moves. The live training, included with the software, teaches how to use each order signal in combination with the line itself for maximum profits.

The E-mini is a great market for traders of all experience levels. It offers the liquidity, volatility, flexibility, cost-effectiveness, and regulatory oversight, making it an ideal choice for those looking to trade futures contracts.

What’s the Next Step?

Learn to day trade based on proof. We teach and preach it daily through our price action courses, free webinar training events, and live training. Our staff is very friendly as we’re based in Florida. We hope to have you as a client to learn day trading shortly! If you’re still stumped regarding what to purchase or about day trading in general, you can contact us by phone at 888–607–0008 or by e-mail at [email protected].

If you’re new to day trading and want to learn more about the advantages of trading, go to daytradetowin.com for more information.

Subscribe to the Day Trade to Win YouTube channel as well. We concentrate on price action and only work with new and inexperienced traders who want to learn more about how to profit from trading. I’ll see you at the next one.