Tag: es

Day Trading Stocks vs. Trading Futures

Trading index futures, such as the E-Mini S&P 500 (ES), offers more bang for the buck as compared to trading stocks. Traders who can successfully make two to four ES points consistently can eventually increase the amount of traded contracts. In addition, futures commission charges are generally much lower than stocks, with current round-turn costs averaging just above $4.00 plus exchange fees. Perhaps the most significant difference between stocks and futures is accessibility. Day trading stocks requires a $25,000 account minimum. E-mini trading accounts can be established for as little as $2,000. However, $5,000 is the industry standard. Also, the...

First Atlas Line Trade Up 2.75 Points on E-Mini

Today’s first Atlas Line trade was Long Pullback with a target of 2.75 points (11 ticks). We entered at 1181.50. After a short time lapse, we were filled at our exact profit target of 1184.25. Yesterday (September 6, 2011), was another great day on the ES (E-Mini S&P futures). Atlas Line users saw several long signals prior to a long, bullish trend that consumed most of the day. This trend allowed for numerous Strength and Pullback trades. If you took advantage of each setup, you probably made an easy 10 points. Determining where to place profit targets, stops, identifying setups,...

Live Trade Taken During Mentorship Class

Yesterday, Private Mentorship students were shown how to take profit in the E-Mini S&P (ES) using an ATO trade. The ATO is one of the 11 price action methods taught in the Private Mentorship Program. This trade was done live, trading-room style in front of course participants. As the students were already taught the ATO, the setup occurred at an ideal time for John Paul to demonstrate how to take the trade. Notice how the profit target does not change; it’s static. In the Private Mentorship Program, trades are reviewed in daily sequence, making sure every signal is clearly defined...

Atlas Line Webinar ES, CL, FESX & More – February 3, 2011

Quite a few traders were in attendance to see the Atlas Line traded on multiple markets. In the E-Mini S&P, the Atlas Line generated short signals today at around 9:45 a.m. Price nearly touched the Atlas Line then continued short, as the signal indicated. In the Euro, Crude Oil and Swiss Frank markets, price also tanked, with the Atlas Line accurately advising Short trades prior to price’s descent. The Atlas Line is fully configurable in terms of the types of trades it identifies as well as the line’s appearance. For example, a user can toggle the Atlas Line’s behavior of...