Trading Blog

Videos and Guides on Emini and Futures Trading

emini day trading rules of thumb

Emini Day Trading: 7 Rules of Thumb

Over the years I’ve catalogued 7 (so far) “Rules of Thumb” that keep me out of trouble and help me improve my Emini day trading results. These Rules of Thumb are nothing mind blowing – just some useful guidelines that stop me making stupid mistakes and keep me out of …

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Day Trading Is Not Like Gambling, Except For This …

Transcript of the video It is Sunday, 25th of January 2015, and I hope you’re having a great weekend. So, something a little bit different in this weekend’s video. I want to talk about “Day Trading Is Not Like Gambling, Except for This”. And it’s a little bit of a …

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What Is the Best Charting Software?

Best Charting Software: It’s always a compromise Depending on what kind of trader you are, each of these 3 factors will have different significance. For example, if you’re an Elliott Wave follower you should choose the charting software package that gives you all the right Elliott Wave tools. If you’re …

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The 7 Deadly Sins Trading Log [Free Download]

The 7 Deadly Sins Trading Log is a free download in Excel spreadsheet format. The download link is at the bottom of this page. Identifying, tracking and fixing your most frequently repeated trading mistakes is THE fastest way to get profitable. Period. Thank you! Successful trading has more to do …

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The Better X Trend Indicator [Free Code]

Here’s how to use explosion and exhaustion volume to determine the trend. Introducing the Better X Trend Indicator. Trend indicators are the holy grail of the indicator world – everyone thinks “If only I had a better trend indicator then making money in the market would be easy.” But trend …

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Do the ‘Better’ Indicators Work on ETFs? Yes

Been mulling over my longer term investment strategy for a while now. Emini day trading, real estate and cash will only get me so far. It’s time to broaden the horizon. And with the S&P 500 at record highs, are there better opportunities around the world? Here’s an ETF Trading …

TradeStation charts

TradeStation Charts: 20 Tips, Tricks & FAQs Answered

I’ve been using TradeStation charts for nearly 20 years! And before that, I used SuperCharts, which was the forerunner to the TradeStation charting platform. Based on that experience, here are my top suggestions for using TradeStation effectively and answers to 20 TradeStation FAQs. From backing up your charts and files …

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Futures Margin Requirements

Live Data from Interactive Brokers and TradeStation What is the difference between initial margin and maintenance margin in futures trading? Initial margin is the amount a trader must deposit to open a futures position. Maintenance margin is the minimum account equity that must be maintained once the position is open. …

the better momentum indicator

The Better Momentum Indicator

Stop measuring price and start measuring demand and supply volume! Momentum indicators have been calculated based on changes in price for decades. But that doesn’t make any sense – you’re just measuring the result, not the driving force. The driving force is demand and supply volume – the energy that …

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Toughen Up, This Isn’t a Game for Crybabies

Warning – this video is not for everyone. If you’re feeling fragile or negative, please give it a miss. In a nutshell, what am I saying? And to lighten the mood a little – some typical Australian humour. Losing days or weeks are hard but if you love trading you’ll …

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TradeStation Data Feeds You Need for Emini Day Trading

TradeStation recently updated (January 2015) its market data pricing and subscription options. Whilst TradeStation made the data subscription options cheaper for some – unfortunately, they didn’t explain the changes very well. Which left me (and quite a few other traders) confused. So here’s the skinny if you’re an Emini day …

image of es nq and ym settings

What Settings Should I Use for NQ, YM, TF & EMD?

The Emini (ES) is the largest of the “mini” index futures markets – with over 500,000 trades executed every day! But it’s not for everyone. Some traders love the extra volatility of the NASDAQ or the “smoother” trend moves of the Dow. If that’s you and you’d like to use …