The beginner results for May was a tale of two months really, the beginning of the month was absolutely horrid. These aren’t including any advanced trades or pro trades that I share in the training program.
The trades included in the analysis are for beginners only and assume fixed targets, stops, and only a basic knowledge of my congressive trading strategy. In other words, beginners just have to learn when not to take a trade.
It was almost as bad as the time that I got arrested while day trading in South Sudan and got arrested in the newest country in the world. Thankfully, my United States passport put the odds in my favor just like my day trading strategy. All day traders have losing days, I have even shared them on this site, but just like we can’t win forever we also can’t lose forever.
The first week and half of May started off alright and as soon as we entered the second week this easily could have shattered the confidence of any emini trader. This is why it is so important to have discipline and stick to your plan that works. I have done hundreds of hours of back testing and other emini traders have back tested my methods as well in order to make sure that they are tried and true.
I don’t post my exact results because I don’t want that to be the expectation of what someone can make right away starting to trade the eminis. Beginners, and even more advanced traders, looking for consistency are not going to make a high number of points every day.
I instead show my results and income statements from my own trading my group of traders. Click here to see my recaps & all beginner results.
We can however, expect to make an average of 2 points a day
It is one of the reasons that I have designed the training program to allow students to learn how the market works. The idea is to understand how the markets move and why they move the way they do, not pay attention to indicators.
Indicators change, the market never does.
There is great news as the monthly results are on an up trend, could be a sign for better things to come? The volatility of 2011 carried over into January early this year and then just jumped off the cliff.
The months of February and March were not up to my early expectations but I guess we have to have good and bad months right? Both Feb & March were averging just under 2 points a day while April& May were over 2 pts, respectively.
The results above are the potentials for the first full year after a beginner learns how to trade with my emini trading strategy. The idea is that even a caveman can do it! Once an emini trader masters the concepts their risks, or losses, significantly decrease their profits increase as well.
The good old boys at the CFTC do require me to show you this disclosure in regards to potential results so take a look.