Day Trading Futures has a ton of advantages over trading stocks or options, but it’s also different in many ways.
I don’t know your level of experience with trading the Futures market but eventually you will realize that making consistent profits is not as easy as you were led to believe. You really want to employ the best futures trading system possible to put the odds in your favor.
You can’t just “Wing-It”.
Ok, you can try.
But after a period of time you will come to the realization that you need a good trading system and a solid trading strategy to eliminate the pitfalls of discretionary trading.
I’ve been in the Futures trading software business 10-years and I’ve seen everything imaginable.
There are so many expensive courses, complex indicators, trading rooms and so much other junk out there – it’s hard to know what’s legitimate and what is just a waste of time and money. I’ve seen indicators that look extremely well designed, only to realize they are just basic moving average ribbons or some type of modified Renko chart.
I’ve seen trading rooms where it’s almost impossible to execute many of the trades because the market is moving so fast – by the time you can even think about getting in, the market has already past where the moderator said to take profits.
Here are some of the Common Problems Traders Face:
Ambiguous trade calls in trading rooms – that you might not even be able to execute – and sitting around listening to someone ramble on waiting for a setup. Many trade rooms consist of a moderator just talking about the same thing over and over and after a while just listening to their voice gets monotonous.
Discretionary Trading – flying by the seat of your pants trying to decide when and where to take an entry. Then you have to figure out where you’re going to put your stop, when you’re going to take profits and how you are going to manage the trade. Making decisions “on the fly” is not a viable long-term strategy for trading Futures.
Attempting to scalp a little profit over and over for small gains – only to watch the market make a HUGE move after you sold. You were already in a trade in the direction of the move – you took a couple / few points and the market continued to move in your favor and you could have cashed in big – if you had just held on. Scalp Trading Futures is definitely a viable strategy, but it’s challenging for beginner Futures traders.
Overtrading and racking up tons of commissions trying to scalp over and over all day.
Feeling like you need to trade every wiggle on the chart and worrying about missing out on a move.
Staring at every tick on the screen until your eyes are blurry and you’re feeling fatigued.
Trying to interpret a bunch of indicators or a specific indicator that only works sometimes under the right conditions. Sitting around all morning just waiting for everything to line up perfectly – second guessing whether you should take a trade or not – then “missing out” by sitting on the sidelines when a move happens because you weren’t convinced it was a good entry. Worse yet, sometimes a trade goes exactly how you thought it would but you were too afraid to pull the trigger.
Blowing up your account because of 1 bad trade or one bad day. Maybe you had been doing very well for a while and then one day things got crazy in the market and instead of cutting a loss quickly, you added to a position – only to watch the market make a “six sigma move”. Maybe you’ve heard of “revenge trading” where a bad day takes a turn for the worse because you wanted to “make up your losses” by increasing size. I’ve actually talked to people that were doing great trading for a period of time, then one day out of the blue they fall into this type of trap and end up blowing their account in one session.
“The hardest part, for me, is being able to stay in a winning trade long enough to catch the big gains – I always sell too soon.”
– A comment I received
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So how do you find the Best Futures Trading System?
Look for one that incorporates both a “system” and a “strategy”.
These are two different things.
Trying to trade Futures just flying by the seat of your pants is a losing game. First, you need a solid Futures trading “strategy”. And by strategy I don’t mean a strategy for just finding trade setups and deciding when to take a stop-out or take profits. I mean an actual structure to your trading that defines how many contracts you will trade and when you will adjust the number of contracts.
A strategy needs to be consistent and well planned out. A good strategy will also adjust to different market conditions on a day-to-day basis and different market environments over the longer-term. A good strategy should incorporate how you will size your trades under different conditions and how you should scale the number of contracts you are trading.
The market goes through periods of time where it’s dull and times where the ranges and ATR’s are elevated. If you don’t have a strategy for adjusting your trading to the current market conditions, it won’t take long to realize that different environments have to be traded differently. In other words, it’s typical in the Summer months to see days where the “entire daily range” on ES is only 6-8 points. And in recent years, the market experienced periods of volatility where the daily range on ES was more like 80 points. You can’t trade the same way in these vastly different types of conditions. Put another way, if the 5-minute ES ranges are 10 points, you can’t use a 6-tick stop. You will just get stopped out over and over due to normal random market fluctuations. Conversely, when the average ranges on the 5-minute chart are 2-3 points and the market is moving sideways, you don’t shoot for 20 points gains.
The best Futures trading system will provide Entries, Stops and Targets based on current market conditions.
The best “Futures Trading System” should define exactly when and where you will take an Entry and where you will place Stops. It should pinpoint where you will take profits or partial profits. It should let you know when to “trail your stop” and to what price level. Having a system implies that you will know all the exact details of each trade – mathematically planned out – ahead of time. A system allows you to trade consistently. A good system should be based on what is happening with the price action in the market at the time, not what you “think” the price might do.
Everyone knows the big institutions trade “systems” but most Futures traders assume they can be successful just trading based on what they see on the screens and charts at any given time, without much of an actual plan. I’m sure there are plenty of experienced traders that can develop a way to trade successfully using various indicators and a good level-head, but I’m sure you’ve read that most discretionary traders fail after a period of time.
Since your System and Strategy both need to compensate for different market conditions and ever-changing overall market environments, it gets really tricky when you are just trading “discretionarily”. Sometimes the market is extremely volatile and other times the price action is really dull. Using the current ATR’s (average ranges) should be incorporated into any good methodology. Personally I use the ATR’s on the 5-minute chart to get an idea of what to expect – and they also vary throughout each market session.
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The Power Emini Momentum System is the solution to all these problems mentioned above.
We believe it’s the Best Futures Trading System available on the market.
Let me explain why.
After 5-years on the market, it’s a proven system that can be traded “purely mechanically”.
It eliminates most of the pitfalls I mentioned above above and can benefit both beginner and experienced traders.
The Power Emini Alert Software software provides exact Entry, Initial Stop, Targets and Trailing Stops.
All you have to do is physically manage the trades, so you can focus on execution rather than trying to chase setups all day.
You will know ahead of time EXACTLY where you should be taking profits – at the pre-calculated Targets.
The Momentum System does not try to predict anything – it “reacts” to what the price action is doing in real-time and basically sets a “structure” around the current price action – that uses what I like to call “law of nature” mathematical logic.
This is unlike any other type of trading system you’ve seen. It takes some traders a while to wrap their head around the idea that making one or two trades per session – shooting for BIG points – is far superior to most other strategies out there.
The Momentum System is designed to trade “with the trend” as opposed to so many other indicators that attempt to pick tops and bottoms.
Given everything you’ve read about trading over the years, which makes more sense?
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The Benefits of Trading the Power Emini Momentum System:
Trade it Purely Mechanically
– No more making snap decisions – looking for setups – staring at the screens all day deciding when to take profits – missing out on huge market moves because you took a couple points
– No more trying to decide where to put your stop
Super Easy to follow on any trading platform with any broker
The Software gives you all the specifics of every trade – entry, initial stop, targets and trailing stop.
-It’s fully Automated on the back-end
-The real-time play-by-play unfolds in the automated System Notes
You will be trading a logical System – using a proven Strategy
Many of our members have been using this software for 2-3 years
Over a thousand alerts – the strategy “quants out”
The system is programmed to provide a statistical edge over a long series of trades
Score HUGE points instead of trying to scalp over and over for 6-ticks here and a few points there
– Certain sessions when the market makes a significant move, you can capture more points than you ever thought imaginable
Set the trade in your platform – sit back and let the trade play out
Removes all the emotions from the equation – no more “changing your mind” about whether to sell or hang on once you’re in a trade
The Momentum System is easy on the nerves – once you embrace the concept of just 1-2 trades per session – shooting for BIG POINTS
We offer you a step-by-step “Trade Plan” that walks you through a simple progression of how many Contracts to trade and when to scale-up and increase size. If you follow our simple Trade Plan to the T – trading the Momentum System purely mechanically – you will be successful.
Everything about the system automatically adjusts to different market environments. That’s why this system is still working great 5-years after it was initially created.
The Alerts are to easy understand and follow – There’s no ambiguity – And you’re trading a rock-solid concept
Trade with the trend – not against it.
You will be trading in the direction the market is going – instead of trying to catch tops and bottoms hoping you nailed a turning point.
Once you’ve witnessed the Momentum System in action over multiple market sessions, you will appreciate the brilliance of its design. This is because over the years we’ve programmed so many layers of “logic” into it that the “algo” has basically taken on a life of its own. It’s calibrated to read the price action as it unfolds each day and react in real-time to what the market is serving up right now.
If you’re serious about adding some “structure” to your trading, this is just the tool you’ve been looking for.
The logic incorporated into the software has been carefully developed over the years. Along the way we’ve made numerous tweaks, modifications and enhancements that improve the results and tilt the odds even more in our favor. At this point in time, it’s what we consider to be an “institutional grade” system.
Take it for a test-drive for a month. Follow the EXACT Trade Plan you’ll see in the Documentation. Trade it Purely Mechanically and track your results.
We are confident you will never go back to trading the old way. If for some reason – any reason – it’s not for you – simply cancel and you will never be charged again.
You Won’t Find An Easier To Use Trading System Anywhere
The Power Emini Alert Software gives you an easy to follow – highly accurate trading system.
Entry Price – Trailing Stops – Dynamic Targets
Want to take a deep-dive into how the software / system / strategy works?
Check out this comprehensive “Training Session” we recently did for our users:
Momentum System In-Depth Training – Software / Logic / Strategy Video
PowerEmini Automated Alert Software For Day Traders