Tuesday, October 13, 2009

Emini Futures Trading - Tuesday October 13th, 2009


"Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does the damage to the pocket book and to the soul. "
- Jesse Livermore -

I Look Back Now and Wonder
Then one day out of the blue, the little red and green candles started to make sense. I saw patterns develop over and over in the same spots. I placed a trade and made a profit. But I had done this before. I removed the MACD from my charts. Placed another trade and made a profit. Maybe I am on to something. Removed the channel indicator that I stumbled across. Read more...

 Day Trading sounds like a glamorous, exciting career doesn't it?

Most visualize young men in crisp expensive suits, driving a
sports car, trading half days, making thousands of dollars a
month, and building fortunes by the time they're 30.

Ok, now for a reality check...

Picture this, a man in his late 40's or early 50's, has 2.5
kids in college, a mortgage, 2 car payments...sitting in
front of his computer, eating Rolaids, white knuckled with
that "deer in the headlights" look. "Pull the trigger? Don't
pull the trigger?"

The hard facts are that the majority of day traders fail.
Sad, but oh so true. Why do they fail? They don't have the
knowledge they need to compete with the big boys. They don't
have a consistent game plan. They make money in the morning
just to give it back in the afternoon. They try for a "home
run" and lose substantially, so they trade even bigger to
try to "make it back"...they lose even more and blow out
their account.

We have heard these stories time and time again. What's
really disappointing...these nightmares could have been

How can you be a confident, consistent, successful day
trader? Learn a PROVEN method of trading...simple as that.

Mike has been trading for more than 27 years, the method he
uses is time tested and rock solid. There is no shelf life,
no expiration date. Doesn't matter what time frame, doesn't
matter which market...doesn't matter the volatility. The
strategies Mike uses are based on something that never
changes, and that's human emotion.

This is your opportunity to find the light at the end of the
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give you the tools that he uses everyday to be consistently

Mike is going to show a handful of traders EXACTLY how he's
been successfully trading for more than a quarter of a
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this is a commitment to your trading, this is a commitment
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Latest Gold News
    NY Time
Gold At Record As Dollar Slips, Crude Tops $74 
Wall Street Journal, Oct 13 2009 6:38PM
ECB-Gold reserves drop by 2 mln euros in week 
Yahoo Finance, Oct 13 2009 10:30AM
Solitario Exploration boosts bid for Metallic Ventures 
Reuters, Oct 13 2009 10:33AM
DJ Taiwan Ctrl Bank Gov:Can Study Increasing Gold In FX Reserves 
Individual.com, Oct 14 2009 12:06AM
Gold scores record peak above $1,068 
Malaysian Mirror, Oct 13 2009 11:56PM
Gold prices hit record highs as dollar slips further 
Reuters India, Oct 13 2009 11:55PM
Barrick Gold to issue US$1.25 billion in note... 
Canadian Business Magazine, Oct 13 2009 11:45PM
Gold hovers near record highs as dollar slides
Reuters, Oct 13 2009 11:40PM

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