Archive for category: Day Trading Lessons

Emini Day Trading Lessons: 10 Points – Wild Moves and Managing Risk

Day Trading Chart Oct 16 Featured

So it finally seems to be settled.  The long awaited resolution to government shut-down and the debt ceiling is at hand and... nothing of note was accomplished.  Well, except for maybe a serious hit to US prestige.

It's been a somewhat vexing time for traders lately because the uncertainty has forced us to be a bit more conservative than usual.  Price has been jumpy, some moves take off out of nowhere without looking back, and levels are a bit harder to define.  Still, there's been good points to be made week after week so even if it's a bit harder work to be a day trader right now, it's still a pretty nice profession to have and you will hear few complaints from our traders. Read more

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Emini Day Trading Lessons: 7.25 Points – Sticking with the Trend

Sept-23-Day-Trading-Chart

Now this is a nice way to start the week!   Mondays are often one of the slower days of the week on average, but today we had an excellent trending move with some quality trade setups.

The market is still filled with uncertainty, and after last week's gap up and subsequent massive jump to the upside on FOMC Wednesday we've seen things stall out and drop back down.  There's still some room to go to fill the gap but it's not our primary target.  All that matters to us in the moment is the market structure and the overall momentum situation. Read more

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Emini Day Trading Lessons: You’re Not Going to Hit a Home Run Every Day

Day Trading Recap Sept 11 Featured

I wanted to put together this short and sweet recap today because I think it provides some good lessons to those looking to become full time traders.

Today was a tough day for me, where my patience wasn't really rewarded and I only made a very small profit after being negative in the early part of the morning.  Even though my time spent didn't really pay off, I'm not worried because I know that the outcome of a single day doesn't define me as a trader. Read more

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Emini Day Trading Lessons: 16 Points – Opportunity, Volatility and the Non-Farm Report

Emini Day Trading Sept 6th 2013 Featured

This week can be summed up in one word - challenging.  It's not that there wasn't profit to be had.  In fact, some of the STA traders had big 15+ point weeks and broke their personal record for their most profitable single day so far.  So while there was major profit potential what made it difficult was the shifting market conditions and keeping the confidence to stick to your trading plan. Read more

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© Copyright - Samurai Trading Academy - RISK DISCLOSURE: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CFTC HYPOTHETICAL PERFORMANCE DISCLAIMER: 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 OF 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 TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.