==== ==== Discover the E-mini Futures Trading secrets they really don't want you to know http://tinyurl.com/E-mini-Futures-Trading ==== ====
EMini S&P Futures are a different kind of animal in the futures trading arena, since they target individual investors as opposed to the pool of S&P Futures with large institutional sharks. To get you started, I would like to share some useful tips that may make your life easier in this special type of mature futures bonds. Before the tips, just to recap, the emini market is:
available 23.5 hours a day, five days a week only electronic contracting the most liquid contract cheaper than Exchange Traded Funds (EFTs) Emini symbol is ES, which equals $50 x E-mini S&P 500 futures price. The price fluctuation has a minimum 0.25 ($12.50 per contract).
So here we go: Tip #1 - Where to trade Eminis are traded at the Chicago Mercantile Exchange, commission rates vary per broker. There are altogether 500 stocks that you can choose from. Instead of monitoring all the individual stocks, you can simply monitor the index price of the E-Mini. Tip #2 - When to trade As in other markets, the best time to trade are 2 hours after the opening, and 2 hours before closing. After opening if there is a sharp rise, you can expect an edging back of the market. Depending on this fallback, if it is slow, you can expect another rally in the afternoon. Near to closing time, people sitting in a losing position will start to look for openings but if they are not there, a slight falling of the prices can be expected as traders escape losing trades. Tip #3 - When to exit a trade? In this market it is better to exit as soon as you see a leveling out of the trend, and do not wait for your automatic stop losses get hit. Do not sit around in a losing or a mediocre position, look for extra high probability openings that have the greatest chance of earning you a fortune.
If you enjoyed these tips but would like to get more in depth information, here you can find a
collection of EMini futures trading courses that I recommend.
Article Source: http://EzineArticles.com/?expert=George_Fontaine
==== ==== Discover the E-mini Futures Trading secrets they really don't want you to know http://tinyurl.com/E-mini-Futures-Trading ==== ====