Emini Trading: Weekly Update – June 3
Non Farm Payroll was released today, with a paltry growth of 54 thousand jobs. Unemployment rates are back to 9.1 %, read the full article here. Basically – MORE bad news. It’s funny how the media calls all this bad news UNEXPECTED. But it is what it is.
I’ve said many times, when bad news hits, the markets get volatile and that’s a good thing for trading. Does that mean our trading gets EASIER? NOPE. Today is a good example. We opened up with a quick loser, a small winner or break even trade, ANOTHER loser!! BUT you know what? We stayed disciplined and we followed the rules of The Tick Trader Day Trading Course and by 10:15 AM we were fully recovered with profit and ready to enjoy the weekend! Trading is not easy, it is a SKILL!! Traders are not born. It takes determination and desire, and of course, discipline! Is it worth it – YES!!! What other ‘jobs’ allow you to work 5 hours a week and give you unlimited earning potential? Sure, you have risks, anything worth doing has risks involved…
All and all it was another great week using our emini futures system! A few one and done days, a few recovery days, but ALL profitable! We hope you had a great week!
See you next for more emini trading!
Cheers!
ETS
