New Bond Trading Inc
Should You Invest In an Emini Trading Course
A casual search of Google will turn up a plethora of emini trading courses which promise to revolutionize your trading and turn you into a literal trading machine. Without naming specific course, some of the claims are so outlandish as to be comical…and that is unfortunate.
I’ve never purchased an emini trading course, as I was trained by professional traders, and my chosen profession was institutional Bond Trading. However, I have had a chance to look at dozens of the courses offered and most are not sufficient to qualify the purchaser as a competent trader. In my opinion, some are outright scams, and provide little more than boilerplate-type information about the nature of trading and a few tips on how you might trade this contract or that contract.
Other course provide a very specific methodology for trading. If you have read any of my past articles you will find that I firmly believe that there are no foolproof methodologies for trading emini contracts. With that being said, I feel it would be foolish to invest in a trading course that limits itself to a specific trading style or method. In my opinion, the vast majority of the courses being offered are of little value if you are serious about learning how to trade.
Before I go any further, though, I do know of several courses that are superior in teaching proper trading technique, but these courses are far and few between, The point is, there are some good teachers out there among a sea of mediocre trading educators.
Amidst the claims of 90% accuracy in trading results, are some of the most outrageous prices imaginable. When doing research for this article, I was absolutely stunned at the prices some of these educators are willing to charge their students. Sticker shock was certainly the order of the day as I reviewed the prices of some of the courses. More shocking to me is the fact that people are apparently willing to pay$5,000 to ,000 to perfect strangers in the hope that they will strike it rich in the futures markets.
I think the most important point I can make to someone contemplating trading as a career is this: Learning to trade is a process and most traders consider the pursuit of trading as a life-long learning experience. I am a student of trading and always will be, regardless of the success I achieve. The day I decide to quit learning is the day my trading skills will begin the process of erosion.
My recommendation is to steer clear from the vast majority of these emini courses and head to your local library and begin a study of the fundamentals of the market and how it functions. Once you have a firm grasp of the basics, joining a reasonably priced trading room might be a nice start. There are several excellent trading rooms out there that do a wonderful job of steering you into profitable trades while explaining the rationale for picking that particular trade. Traders need knowledge and experience.
I also suggest that novice traders get a demo account and paper trade for an extended period of time. When you can consistently string together five days of profitable trading you are ready for live trading.
Start small. Just one contract.
Keep studying and learning as you begin your trading career, make learning the functioning of the markets a passion. Many emini courses claim their techniques work across a wide spectrum of emini contracts. I disagree.
Learn to trade one contract, say the YM contract with competance before moving into new territory. Every contract has a distinct personality and I suggest you slowly acquaint yourself with each contract type before trying to tackle live trading in that contract.
There are no foolproof systems to trade futures contracts. Just knowledge, experience and self-discipline, and these are skills to be acquired gradually. Give yourself time and space to learn before jumping headlong into trading after buying the latest and greatest tradin course.
Good luck in your trading endeavors. Be a student forever.
About the Author
I endorse a state of the art trading program for beginners at Trading Concepts, Inc It’s an awesome product that will have you well on your way to success. Plus, it has a money back guarantee…you have nothing to lose and thousands to gain.
|
|
New York Minute (Mini-DVD) $0.75 Mary-Kate and Ashley Olsen play good girl/bad girl sisters who suddenly find themselves on a high-speed chase escaping crooks, attracting hunks, and wreaking havoc in this lightweight comedy set in the Big Apple. Ashley plays high school scholar Jane Ryan, an overachiever with her sights set on winning a college scholarship competition. Mary-Kate plays her sister, Roxy, a rebellious teen truant wh… |
|
|
Joby GM2 Gorillamobile Flexible Tripod (Includes iPhone 3G/3GS Case and Universal Camera Adapter) $44.95 Joby GM2-01EN Gorillamobile Flexible Tripod for iPhone 3G or 3Gs… |
|
|
DKNY Donna Karan New York Men’s Suit Trim Two Button 2pc Notch Lapel Merino Wool Flat Front Pants Modern Business Suit Black This DKNY suit features luxurious Italian fabric and handcrafted details that make it a sleek standout. This one’s a timeless classic for the discriminating man. Its trim cut, fine finishing touches offer you a smart, chic aesthetic. It’s a must for any business or dressy occasion. Order today and enjoy the distinguishable difference of European designer fashion! Timeless, modern fit virgin wool s… |
|
|
DKNY Donna Karan New York Men’s Suit Trim Two Button 2pc Notch Lapel Merino Wool Flat Front Pants Modern Business Suit Silver Gray This DKNY suit features luxurious Italian fabric and handcrafted details that make it a sleek standout. This one’s a timeless classic for the discriminating man. Its trim cut, fine finishing touches offer you a smart, chic aesthetic. It’s a must for any business or dressy occasion. Order today and enjoy the distinguishable difference of European designer fashion! Timeless, modern fit virgin wool s… |
|
|
Executive Overcoat Three Quarter Modern Topcoat Trench Coat Black Luxurious, soft and really warm, our overcoats are made from the finest grade of modern microfiber fabric, light weight for more comfort. The length on this style is three quarter. The other features of this coat include Button closure front, Two easy angled hand pockets, center vent + sleeve vented with zipper for a new look and more comfort, inside 2 pockets with zipper. This is a must-have ove… |
|
|
2006 Topps Rookies – 1952 Edition – Unopened Hobby Box (20 packs/box, 8 card per pack, average of 3 autographs per 24 pack box- loaded with new rookies designed after the classic 1952 Topps Set !) $64.99 20 packs of 8 cards per box. 314 card base set featuring 313 rookies & 1 Mickey Mantle Card Plus 39 HIGH # Variations. EVERY ROOKIE ELIGBLE PLAYER FROM 2006 IS IN THIS SET! # Chrome Parallel Sets #ed to 52, 552 & 1952 randomly inserted… |
|
|
YuGiOh Movie Bonds Beyond Time Booster Box 20 Packs $50.74 This special pack celebrates the Spring 2011 release of the second YuGiOh feature film in America! A sinister Duelist is collecting the most powerful monsters from throughout history, and he can only be stopped if the heroes of all three YuGiOh animated series join forces. Yugi, Jaden, and Yusei must combine their skills to overcome the ultimate foe in 3D! The YuGiOh! 3D Movie Pack includes the w… |
|
|
Transformers Cybertron Voyager Soundwave $19.99 He is known by many names, though Soundwave is his most well-known one, and the one that invokes fear in both Autobot and Decepticon alike. One of the mightiest, most straightforward warriors from Planet X, Soundwave is a devastatingly subtle plotter. He prefers not to stab his victims in the back only because he enjoys seeing the look of betrayal in their eyes. Highly skilled in the techniques of… |
|
|
Kinectimals $23.45 Microsoft Kinectimals DRC-00033 PC Games… |
|
|
Samurai Warriors Chronicles $16.99 Tecmo Koei SAMURAI WARRIORS: Chronicles 215 PC Games… |
|
|
Come into My Trading Room $88.19 The trading bible for the new millenniumIn A Complete Book of Trading, noted trader and author Dr. Alexander Elder returns to expand far beyond the three M’s (Mind, Method, and Money) of his bestselling Trading for a Living. Shifting focus from technical analysis to the overall management of a trader’s money, time, and strategy, Dr. Elder takes readers from the fundamentals to the secrets of being a successful trader—identifying new, little known indicators that can lead to huge profits.A Complete Book of Trading educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading; a fresh look at the three M’s, including a proven, step-by-step money management strategy; and an in-depth look at organizing your trading time. A Complete Book of Trading reviews the basics of trading stocks, futures, and options as well as crucial psychological tactics for discipline and organization—with the goal of turning anyone into a complete and successful trader.By showing traders how to combine the elements of mind, method, and money, A Complete Book of Trading gives readers the knowledge and insight to enter the market with confidence and exit with profits. Unparalleled depth and a wide range of coverage will keep all levels of traders engaged, informed, and returning to A Complete Book of Trading again and again.Dr. Alexander Elder (New York, NY) is a professional trader, technical analysis expert, and practicing psychiatrist. He is the founder of Financial Trading Inc., providing intensive trading camps to traders all over the world. Elder’s first book Trading for a Living (Wiley: 0471592242) and the companion study guide have sold over 160,000 copies. |
|
|
The Bond $18.71 This book is in New – Excellent condition |
|
|
The Strategic Bond Investor (Hardcover) $57.43 Uncover the newest profit opportunities in today`s bond marketplace!The Strategic Bond Investor explains how to maximize your investing returns with bonds—one of the few reliable and stable investments left standing after all the economic chaos. Senior vice president and portfolio manager at PIMCO, Anthony Cescenzi provides an aggressive yet risk-conscious approach you can easily build into your overall trading strategy in the fixed-income market.Completely updated to address the realities of an unpredictable economy, The Strategic Bond Investor includes new sections on the parallels between the credit and bond markets, the power of the New Fed, and ways to navigate the massive price fluctuations of the post-credit-crisis markets. In addition, you’ll find:Detailed description of different bond typesConcrete data on how each one performs in various environments Key economic reports on how market factors like the credit crisis affect bond movements Techniques for forecasting the Fed’s next move—so you can stay a step ahead of changing interest rates Ways of using the yield curve and other indicators to predict the direction of the markets and the economyThe Strategic Bond Investor is a fully rounded education on bond investing, providing you with the know-how for safe, dependable investing now—and well into the future. Table of ContentsChapter 1. The Importance of the Bond Market Chapter 2. Segments of the Bond Market Chapter 3. Types of BondsChapter 4. CDOs, CLOs, MBS, CDX, and Other New NomenclatureChapter 5. The Money Market: Epicenter of the Bond and Credit Markets Chapter 6. Bond Market Basics Chapter 7. Risks in Bonds and Credit Markets to Investors Chapter 8. The New Fed and Its Immense Power Chapter 9. The Yield Curve: The Bond Market |
