HOME What's Really New My Emini Systems Easy Money in Stocks A Word of Advice Recommended Special Offers Resources Meet HOBO Reference Eclectic Links About Us Contact Us	A Word of Advice I intend this section for educational purposes. As someone who has spent almost a decade trading various financial instruments, I believe I have a pretty good idea of what works and what does not and what can make you money and what, and in particular who, you should avoid. Among many other things, this section is thus dedicated to the issues of critical thinking and the trader advocacy. As a matter of fact, its very first article already sets the tone for these topics. I hope to be adding to this section rather often and may also include here high quality articles written by others if I think that they belong in here. You may want to check it out frequently.   KING is coming. Are you ready? Why is Bill smiling? emini trading, emini daytrading, futures, emini profits, trading for a living, make money daytrading, trading systems, futures trading systems, daytrading systems, emini contracts, emini systems, emini strategies Sham and how to spot it Sham is ubiquitous in the trading world. The majority of vendors hide the truth about their systems or courses in one way or another and some of them misrepresent things or plainly lie. Almost everyone falls for this at least once, some more often. I compiled here a list of more obvious signatures of sham so that you can protect yourself better from the people who are hell-bent to get your money or at least to waste your time with the products that are much less than genuine.  [read more...] Simple can often be better I would like to present here a very simple system that I call PAB (whatever that means). The system is based on three pillars that every sound trend-following system should rest on: [read more...] Reality check or can you count? Let's analyze System1 from this page . As you see, in 2005 this system  made 159.75 ES pts. It accomplished this with exactly 497 trades, which amounts to about 41 trades per month on average. The profit I quoted is hypothetical. Hypothetical profits are for vendors (that's where the word 'hype' derives from). As traders we should be interested in actual profits. Let us estimate it then. [read more...] How to choose a trading system? If you are new to system trading, after reading the previous article you might feel a bit uneasy about the whole business. That's good because you should. There is a vast wild jungle out there with swamps scattered all over rather generously. One false step and you just said good-bye to a nice chunk of dough. [read more...] Seen a Holy Grail lately? The Holy Grail in trading is understood as the system that never fails. Not even once. It just keeps on piling profits, day in day out. A system like that obviously does not exist, which somehow does not prevent people from trying to find it. [read more...] Free trading system: BC This is a very simple mechanical system that uses no oscillators. The only indicators it employs are those of the moving average and bands variety. [read more...] Why mechanical systems fail For two main reasons. Either the market refuses to cooperate or the developer refuses to accept the trading reality. It is the latter case that is much more serious and can do more damage to your account than the former. [read more...] Equity curve simulation One of the few positive things that came out of the research on nuclear weapons was the development of computer simulations that came to be known as Monte Carlo simulations. [read more...]  Trading systems terminology Trading systems have their own terminology that defines the parameters determining the system quality. [read more...]  Rollover and expiration days It just happened that September 1st, 2006, was a Friday. (And for those who are interested in historical trivia, September 1st, 1939, the day WWII started, was also a Friday.) [read more...]  A system or a method? On this site I offer a few trading systems and two trading methods. The systems are purely mechanical and you can use them to trade ES or ER2, two very popular emini instruments. One of the methods is for trading stocks, the other for trading breakouts in ES. All have been originally designed by me. [read more...] The securities fraud The securities fraud is an act committed by an entity intending to manipulate the market through deliberate concealment, or distortion of information. [read more...] The best way to trade stocks With the stock market reaching new all time highs, you are probably wondering if it is a good time to be in stocks. [read more...] The allure of daytrading chatrooms Many people dream about becoming day traders. Many have tried to make money this way trading individual stocks or emini futures. Most have failed or will fail. [read more...] Do you need a high winning rate? It's certainly good to have a trading system for your favorite emini futures market which boast a high winning rate. Say, over 60% or even over 70%.  [read more...] How many trades a day? How many trades a day do you need to take to make a decent living? Let's see...   [read more...] Which emini systems for 2008? I started trading emini markets in 2002, in the second half of the year that coincided with the height of the post dotcom bubble recession. I focused on ES, the emini of the full futures contract of S&P 500.  [read more...] Too much self confidence trading eminis? Well, I don't think there is such a thing as too much self confidence. Most people would probably agree that if anything they need more self confidence rather than less.  [read more...] The butterfly effect in emini trading systems Emini futures, commonly referred to as simply eminis, are among most popular trading vehicles out there. Their popularity is particularly high among day traders, especially those on tighter budgets. [read more...] Albert Einstein and emini trading systems Albert Einstein was born in 1879 in a small German town of Ulm. He died in 1955 in Princeton, a small town in New Jersey, USA. He was a theoretical physicist, first and foremost, although it is not so unusual these days to see questions "what would Einstein do?" related to things that have little to nothing to do not only with theoretical physics but with science in general. [read more...] Can biorhythms help you in trading eminis? Do you believe in biorhythms? Should you? Is there any advantage to taking them seriously? Would they help you in your day trading of emini markets? Or in your life in general? That's what we will address in this article. [read more...] Are simple emini systems of any value? According to Comrade Napoleon, a chief character of "Animal Farm," a famous Orwell satire, "all animals are equal, but some animals are more equal than other." [read more...]
	Disclaimer: 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 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.