Today’s Market Movie shows the actual trades I took in the December, 2012, S&P emini. I start the recording a few seconds after the trade is placed and explain my entry rationale. Then, I pause the video until there is something further to report. Usually, this is after the market has hit and filled my first peel-off target order. After showing these results, I pause again until the trade is completed. I am using a 2-target, 3-contract, peeling-off strategy to emulate the results a typical beginning trader might achieve. After the formal launch of our new Emini trading room in early 2013, I shall endeavor to produce a daily trade-highlights video like this one so that prospective participants can see how much they might have earned trading side-by-side with me.
Trading Room Scoreboard
6 Wins / 0 Losses; Today’s P/L: +$642.00; Cumulative P/L (two days): +$963.00
Got questions, comments, suggestions or critiques? Send me an email to mentormike@sbcglobal.net.
Holiday Schedule
I’m taking all of Thanksgiving week off, so there will be no regular M4 this week. My best wishes to all of you for a wonderful holiday with friends and family.
Market Movie video play button
Today’s Chart
The trades shown were taken during my regular, real-time trading. Please click on the chart below to make it larger.