ProfMiniDayTrader focuses all their day trading with these two futures contracts: E-Mini S&P 500 (ES) and E-Mini Russell 2000 (TF). Here's Why.
Significant Total Net Profits per day can be achieved trading ES and TF whenever ProfMiniDayTrader's system provides setup and trigger signals during each trading day. The following data summarizes the daily total dollars (USD) that were possible if ONE contract was traded at each identified swing point between 1 hour before the "Opening Bell" until the "Closing Bell" of the New York Stock Exchange.
The spread sheet below shows the possible earnings per day for March 2013.
The spread sheet below shows an example of the date, time and prices at which trades were executed. The time spent in each trade and the Net Profit earned for each trade were calculated. The sum of all the earnings for the day and a statistical analysis of the time and earnings per day is show at the bottom of the spread sheet. Because the spread sheet was so long, to make it fit this Blog site it had to be divided into a top and bottom part for the day shown.
This same analysis was used to determine that the E-Mini S&P 500 (ES) and E-Mini Russell 2000 (TF) generated more Total Net Profits at the end of the trading day than: E-Mini NASDAQ100 (NQ), E-Mini Dow 30 (YM), Australian Dollar (6A), British Pound (6B), Canadian Dollar (6C), and Swiss Franc (6S) whenever all of these contracts were analyzed on the same trading days. It is also important that the ES and TF have the lowest Day Trade Margin requirements within this group of contracts.
After completing the initial analysis to determine the best two E-mini contracts to day trade, ProfMiniDayTrader is now continuing the study to determine if there is a definite difference between the earning possibilities between ES & TF. You can examine several months of previous as well as current data on the Trading Room page of our website. So far we are comfortable continuing to trade both contracts because they both offer the opportunity to earn significant amounts of money, especially on days when there is volatility in the markets. We think there is no need to simultaneously follow a group of other contracts to look for a better deal. A better choice for us has been to focus on two markets and become familiar with their characteristics. Many traders shy away from trading the TF because it is more volatile. However, our trading system thrives on trading volatility.
This same analysis was used to determine that the E-Mini S&P 500 (ES) and E-Mini Russell 2000 (TF) generated more Total Net Profits at the end of the trading day than: E-Mini NASDAQ100 (NQ), E-Mini Dow 30 (YM), Australian Dollar (6A), British Pound (6B), Canadian Dollar (6C), and Swiss Franc (6S) whenever all of these contracts were analyzed on the same trading days. It is also important that the ES and TF have the lowest Day Trade Margin requirements within this group of contracts.
After completing the initial analysis to determine the best two E-mini contracts to day trade, ProfMiniDayTrader is now continuing the study to determine if there is a definite difference between the earning possibilities between ES & TF. You can examine several months of previous as well as current data on the Trading Room page of our website. So far we are comfortable continuing to trade both contracts because they both offer the opportunity to earn significant amounts of money, especially on days when there is volatility in the markets. We think there is no need to simultaneously follow a group of other contracts to look for a better deal. A better choice for us has been to focus on two markets and become familiar with their characteristics. Many traders shy away from trading the TF because it is more volatile. However, our trading system thrives on trading volatility.
No comments:
Post a Comment