The 3 Biggest Road Blocks To Emini Trading Success
Futures Trading Coach
Imagine the perfect business…you control your own destiny because you have no boss to answer to, you can work anywhere you have a laptop computer and an Internet connection,
time freedom and potentially lucrative earnings…Emini futures trading has all this and more.
So why is it that so many people who trade the Emini market, probably at least 80% of those who try, fail to become consistent, profitable traders?
There are many reasons, but here are three major road blocks that stand out among the traders I know that tend to limit a traders' career to weeks or months instead of years…
Road Block 1 - Not taking responsibility for your own
Taking responsibility for ones own actions brings up a huge divide between good traders and those who fail to make it long-term.
Any time you hear a trader blaming his Broker, the Fed, the TV journalist, other traders running stops or
anything else, you just know they probably aren't going to make it as a professional trader.
Professional Emini traders never blame anyone or anything else. They make the decisions based on their analysis and live with the consequences.
These outcomes can range anywhere from profits to losses, but the good trader knows that if he sticks with his winning system he will make money over the long term.
You cannot blame other people's actions for your results. Stick to focusing on the things you can control, take responsibility for your actions, even when they result in a loss, and your trading results will improve over time.
Road Block 2 - Become risk averse instead of going for the big
profit on every trade
If you take big risks in the Emini market, you'll most likely have a very short trading career.
The huge leverage futures trading gives you means that your gains and losses are magnified, so overtrading, or taking a position that is too large for your account
(or your temperament), can create catastrophic losses and force you out of the game.
Profitable traders tend to be risk averse, taking many smaller profits (and fewer, even smaller losses) over a long period of time. They build their accounts steadily rather than plunging a large chunk of their capital on one position and hoping for the best.
No matter how good your system and analysis, you will have losses trading the Emini. By keeping them under control you can gradually build your wealth, grow your account and stay in the business long term.
But one catastrophic loss can shake your confidence (not to mention your account balance) to the point where you will eventually give it away and stop trading. Professional traders always consider the risk/return ration of any trade and use prudent position sizing to minimize risk while maximizing their potential profits.
Road Block 3 - A lack of trading knowledge and experience
Many traders read a couple of technical analysis books, skim through a book on Candlestick charting, and set off with high hopes of becoming a professional
Emini trader. Unfortunately there's a bit more involved in trading success than that.
The problem with reading books and most training courses about trading is that they usually only give you part (and often a very small part) of the big picture. All professional athletes, business owners and entrepreneurs have coaches, advisors, mentors or boards of experienced directors to guide them as they build their businesses.
To become a professional trader, you too need a coach or guide to show you the ropes, test and challenge you, and help you to succeed at the very highest level.
And the best coaches are people who have been there, done it, and have the experience to show you the short-cuts to success.
My best advice is to find somebody who can share this knowledge with you and you will increase your chances of becoming a successful Emini trader immensely. Try to do it on your own and you'll
most likely waste years of valuable time and money trying to work out the best system for yourself...
Your trading performance won't just magically improve. In order to get
better results, you have to know what is going on and take responsibility for
making changes. When you do KNOW what's going on, you can CHANGE it.
To help you know what is going on in the market and help you to
overcome the typical roadblocks traders face, I'd like to show you how I trade
the Emini market, LIVE in front of you.
You'll watch over my shoulder as I enter and exit trades live in
real time, and you'll see how I make consistent profits day trading the market.
To get all the details of this strictly
limited opportunity, and see exactly how to trade the Emini market profitably, visit
this page now.
Government Required Disclaimer - Commodity Futures Trading
Commission Futures and Options trading has large potential rewards,
but also large potential risk. You must be aware of the risks and be
willing to accept them in order to invest in the futures and options
markets. Don't trade with money you can't afford to lose. This is
neither a solicitation nor an offer to Buy/Sell futures or options.
No representation is being made that any account will or is likely
to achieve profits or losses similar to those discussed on this web
site. The past performance of any trading system or methodology is
not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE
RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE
RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO,
SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE
UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE
BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO
Copyright 2016 Futures Trading Coach
Trading Made Easy LLC
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADE PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF THE HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.