E-Mini S&P Day Trading Videos – Learn to Trade

We’ve been receiving a few questions from day trader Mike Anderson, not affiliated with the Arkansas coach basketball ball coach, who wanted to know some basic facts about the E-Mini S&P.

Mike asked us the following questions:

1. What time does the CME open for trading E-Mini futures?
A: 9:30 a.m. U.S. Eastern Time. We always give this figure as Eastern Time because of New York’s / the East Coast’s large pull on the markets.

2. When does the CME market close for E-Mini futures trading?
A: 4:15 p.m. U.S. Eastern Time. The market then opens at 4:30 p.m. The E-Mini can be traded nearly 24/7 on Globex for those who like to take chances!

3. How many contracts do most traders start out with?
A: Most traders start off with less than five contracts. It is in the best interest of beginner traders to trade with a single contract and work their way up as money is made.

4. What is the E-Mini’s minimum tick amount?
A: Each tick is equivalent to 0.25 or $5.00.

5. What are the E-Mini contract’s trading months?
A: The E-Mini trades all year round. Be sure to roll over your contracts every March, June, September and December.

This sums up Mike’s questions for this round. Stay tuned for the next round where we’ll be discussing the E-Mini S&P; not college basketball, or the other Mike Anderson’s decision on whether or not to take the coaching job.

Since this is E-Mini Videos, we couldn’t leave you high and dry. Check out this recent blog post from Day Trade to Win showing you some great trading tips for the E-Mini S&P.

Knowing when to enter and exit, where to put your stops and where to expect price to be headed are hugely important when day trading. This is where the Atlas Line dominates over other day trading software and methods, providing a clear cut way to trade price action.

In this video, John Paul from DayTradeToWin.com enters a long trade using the Atlas Line and NinjaTrader. Before the long order, the Atlas Line produced a bunch of short order signals because price was below the Atlas Line. According to the ATR, John goes for a little less than two points to make sure he’s not over extending his account according to the current market conditions. Always trade according to what the ATR indicates (as taught in the Atlas Line webinar).

Why did John Paul take a long trade on the E-Mini S&P?

• Price is trading above the Atlas Line
• Signals for going long appear on the chart
• The trade is being mapped out
• Profit and stops are known due in part to the ATR

A common mistake among day traders is the overuse of indicators to determine when to enter, exit and how to take profit. There’s one proven method with a high degree of accuracy that works with every market, not just the E-Mini S&P and that’s the Atlas Line from Day Trade To Win. Using the ATR (Average True Range) in combination with the Atlas Line to decide how much profit is possible will free you from the guesswork and overspending. Creator of the Atlas Line, John Paul, covers all of the trade setups produced by the software, including how to take advantage of the ATR.

Here’s a quick video of a trade based on the Day Trade To Win ATO (At the Open Method). The ATO has been available for about five years. Traders use it daily on the E-Mini S&P and other markets. Those of you who used the Atlas Line on this day probably went long, but the ATO caught a long move as well. When we trade price action, it’s important to use the Bar Timer. The Bar Timer lets you know when the candles are opening and closing. The ATR (Average True Tange) tool dictates the amount of profit to take on each trade. The ATO lets John know precisely when to enter and exit.

For a limited time, the ATO is back on sale with the Atlas Line as part of a package deal. Find out more at the Day Trade To Win Blog.