This group is for day traders who want to trade the S&P futures market. We will be making calls based upon technical analysis whereby we will be looking for confluence of a few indicators all telling us the same thing. I have tweaked a few numbers on the indicators which is proprietary and makes for the calls to be a little more selective. This is not a scalping system. For the most part, we will only be making one trade a day, maybe two. Our profit target will be around 7-10 points but will settle for what the market gives us depending upon price action and time of day. Our stop loss will be be between 3-6 pts depending upon how aggressive our entry is. Your success rate should be 70-80% if you follow along. Communication will be made through meetup email. The message boards will also display the calls. You will be able to review them anytime.
The ES can be a very volatile market. If you set a stop loss of 2 pts, you will be stopped out more often than you prefer. We buy low and sell high. We do not look for breakouts. If you ever tried that system before, the breakout fails more often than you would prefer, right?
Your first two weeks are free. This will give you the opportunity to follow along or paper trade my calls first. When you see that the calls are good, then you can stick your toes in the water. After the two weeks, if you find yourself successful and would like to continue receiving the calls, the fee will be $149.00 per month.
About me, Brian Glenn. I've been trading since 1999, just about when the dotcom bubble was ballooning. We were throwing darts at stocks and pressing buttons. I lost a ton of money with the rest of the newbie online traders all over the world when the bubble finally burst.
Since then, I have learned that news and other market chatter and hype is just that...hype. News TODAY is gone and forgotten tomorrow, sometimes even just 15 minutes after it comes out. Ever watch what happens when a major report comes out at 8:30 EST? What has remained fairly consistent is technical trading based upon sound technical chart analysis. Technical trading is a self fulfilling prophecy because many traders all over the world are looking to do the same thing at the same time, and that is what we will profit on. Sign up for a no obligation two week trial period. You'll be glad you did.
GO TO: http://www.meetup.com/Tampa-Bay-Futures-Trading/
DISCLOSURE: I am not a futures broker. The trade calls I make will or would be trades I would make on my own. Your decision to trade based on my analysis is your prerogative and solely at your discretion. Trade responsibly at your own risk.
The ES can be a very volatile market. If you set a stop loss of 2 pts, you will be stopped out more often than you prefer. We buy low and sell high. We do not look for breakouts. If you ever tried that system before, the breakout fails more often than you would prefer, right?
Your first two weeks are free. This will give you the opportunity to follow along or paper trade my calls first. When you see that the calls are good, then you can stick your toes in the water. After the two weeks, if you find yourself successful and would like to continue receiving the calls, the fee will be $149.00 per month.
About me, Brian Glenn. I've been trading since 1999, just about when the dotcom bubble was ballooning. We were throwing darts at stocks and pressing buttons. I lost a ton of money with the rest of the newbie online traders all over the world when the bubble finally burst.
Since then, I have learned that news and other market chatter and hype is just that...hype. News TODAY is gone and forgotten tomorrow, sometimes even just 15 minutes after it comes out. Ever watch what happens when a major report comes out at 8:30 EST? What has remained fairly consistent is technical trading based upon sound technical chart analysis. Technical trading is a self fulfilling prophecy because many traders all over the world are looking to do the same thing at the same time, and that is what we will profit on. Sign up for a no obligation two week trial period. You'll be glad you did.
GO TO: http://www.meetup.com/Tampa-Bay-Futures-Trading/
DISCLOSURE: I am not a futures broker. The trade calls I make will or would be trades I would make on my own. Your decision to trade based on my analysis is your prerogative and solely at your discretion. Trade responsibly at your own risk.