The Practicalities of Emini Day Trading (8:02)
Sometimes things just don’t go right. Today was one of those days for me – internet connection problems and no perfect Emini day trading setups.
Tick bar charts are great and I rave about tick charts here. But they’re computationally intensive – particularly my longest time frame, 40,500 ticks – and they take a while to load. The internet connection where we’re staying is not rock solid and this caused me to miss this afternoon’s trade.
And my Emini day trading technique is discretionary – some would say too discretionary! I rely a lot on “End of Trend” warning signals. Sometimes they are just beautiful and it amazes me how they can pick the high or the low of a trend move. And then sometimes, like today, they just come up a little short.
Anyway, if you’re interested here’s a video showing the less-than-perfect setups for a Long trade in the morning and a Short trade in the afternoon.
Good luck with your Emini day trading this week.
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