subject: Make $600 - $1000 a day tyrading the e-mini dow and the euro dollar [print this page] Make $600 - $1000 a day tyrading the e-mini dow and the euro dollar
Well somethings do not last I am working my old job 2-3 days per week working on the road and coming home and writing up reports for insurance companies. I have begun day trading again 2-3 days per week. This time I am trading the e-mini Dow Futures and the Euro Dollar two contracts each and setting targets oth are highly liquid and very profitable! When ever you trade always use stops (how much you are willing to lose or risk on the trade) and also put in a target. Once you reach that target; call it a day. There will also be another day to trade and make money. Do not get Greedy and also take profit - no one ever got hurt taking profit!
I like the Euro very much it is highly liquid and tends to come out of the gate in the mornings like as running back! Start looking at your broker supplied charts about 8:30am EST to 8:45am EST to see whether it breaks out or breaks down. I risk $350.00 per contract to make $300.00 per contact or a fast $600.00 on two contracts per trade!
Don't even attempt to trade or enter the e-mini Dow pre-market to the 9:30 EST open; wait until the market opens at about 9:45am EST after the open starts to settle Then pick the direction its heading and enter about 10:00 10:30 and set a small target: Risk $200.00 per contract to make $200.00 per contract or $400.00! And don't forget to learn my "CASH DOW TRADING METHOD" outlined in prior articles I have written when trading the e-mini Dow or the e-mini S&P Futures
There you have it $1000.00 by 12 noon! Not shabby. Of course, every day you are not gonna make $1000.00 you may only make $200.00 to $300.00, still not shabby! And your margin requirements and a pad of cash to protect downturns is about $13,200.00. If you trade on-line with some brokerage firms, your margins might be as low as $500.00 per contract! Then you can get away with a $6,000.00 trading account day trading and watching it very, very closely.
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