How To Get Started In E-mini Day Trading
If you have never traded the Emini Futures before there are basically 5 steps to getting started.
2.) Set up Live Intra-day Emini Futures Data. In order to Day Trade
the Emini, you need to watch the live intra-day price movement.
3.) Start With A Simulated Account. The ES Futures is an exciting
high-action trading vehicle, but that doesn’t mean it comes without
a learning curve. Before you rush to Fund a Live Trading Account, take
the time to trade on SIM to learn the basics of Emini Trading without
the risk of capital loss. This will help you learn proper money management
and discover the best day trading strategies to use.
4.) Set Up Basic Trading Charts. To Day Trade the Emini effectively you
will need to work off of several good charts so that you can follow
price action. Typically you will want a higher Time-frame chart to
get the Big Picture, like a 15-30 minute chart, and a lower time-frame
chart, like the 2-3 minute chart to locate your trade entries.
5.) Finally you will need to develop a reliable set of Day Trading Rules
and Day Trading Tactics that consistently beat the market.
In summary, many people have the dream of day trading for a living
and the ES Futures makes a great trading vehicle for this. It’s not that
difficult to Get Started In Emini Day Trading.