| If you are one of the vast majority who think only of | | | | 'price-action' movement of the market Index [itself] for |
| 'investing' when you think about the stock market, you | | | | 'patterns' that tell you when to enter a trade and then |
| are aware that prior to 'investing' in ANY stock, you | | | | when to close the trade. Our trades are seldom open |
| have to (or should) do considerable research before | | | | longer than 4-5 minutes, at most. Usually, shorter. All |
| you make a decision selecting a stock to risk you | | | | markets go in two directions each and every day, |
| money on it. That is a time-consuming endeavor and | | | | hour, even minute - UP and DOWN; and, for periods, |
| an absolutely essential part of 'sane' investing. Most | | | | they may go sideways (consolidating, they call it). |
| folks usually just leave this to their mutual fund | | | | Stock investing requires research to select stocks one |
| manager or stock broker, hoping he or she is the true | | | | thinks worthy (that is, promising enough) to risk his |
| professional they claim they are. | | | | money on. The E-mini trader need only watch for a |
| On the other hand, those who are e-mini traders | | | | price-movement 'signal' of [ONE] Index number, and |
| (rather than stock investors) have a greatly simplified | | | | when he sees it...he clicks his mouse and he's 'in the |
| procedure to go through. So simple, in fact, that no | | | | trade'. Smart traders decide before getting into a trade |
| research whatsoever is ever necessary before | | | | how much they are going for and enter their 'exit' |
| executing an e-mini trade. If you have spent any time | | | | instructions to their computer at the same time they |
| on my web site, perusing all of the FREE information | | | | enter the trade - Know where you are going to get |
| I've place there for you, you're aware that the only | | | | out before you get in...and don't get greedy! Mastering |
| thing we are trading and concerned about monitoring...is | | | | this one little principle will ensure any person becoming |
| the INDEX number of the market we are trading, e.g., | | | | a successful e-mini trader. |
| the S&P 500 Index, the Russell 2000 market | | | | For more about the lack of research e-mini trading |
| Index, etc. | | | | requires and the psychology of trading, spent some |
| E-mini's are traded in several different markets and | | | | more time on my web site and blog. Next post....we'll |
| are not only much simpler and easier to trade than | | | | discuss the low start up costs of getting into e-mini |
| stocks, but even more easy to understand. No | | | | trading...vs stocks - our Reason #2. |
| research is ever needed. You simply watch the | | | | |