Using the Expectancy Formula to measure your trading
You must keep a log of both your trading and your SimBroker trading results. Here it is in a nutshell:
Futures Insider Shares Day Trading Secrets!
You must keep a log of both your trading and your SimBroker trading results. Here it is in a nutshell:
In case you missed it, today is the day volume switched from the June contract to the September contract on the eMini. (ESM to ESU). Also the Federal Reserve has been meeting and will report at 2 PM Eastern Daylight Time today. Here is a look at the ESU6 contract up until noon EDT.
We had an FOMC (Federal Open Market Committee) Meeting Announcement yesterday. Here is a video showing what happened. Post FOMC Announcement.
Here are three videos from April 20, 21, and 22 from our Futures Trading Secrets Course and Daily Trades Service.
April 20, 2016: Slow trend upward in a small range
DAY TRADING involves high risks and YOU CAN LOSE a lot of money. Commission rule 4.41(c)(1) applies to "any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature…."commission rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless the presentation is accompanied by a disclosure statement. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading. Commission rule 4.41(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.