Friday, March 6, 2009

e-mini day trading

Today I started day trading e-mini again. Unlike trading options, there is no historial evidence that i can make money with trading e-mini.

For the purpose of developing multiple strategies to make money in this market, I think it is a very good idea to trade e-mini intraday while trading options for a longer term.

NQ (Nasdaq 1000 future) seemed weaker today, but i expected a reversal before close. Expecting a sharp reversal at around 3 pm, I longed NQ at 1046.5 at around 2:55 pm. A sharp reversal didn'tcome and so at 3:05 pm, i covered it back at 1047. The reversal came after 3:30 instead. Too bad that i was out and didn't catch the 3:30 reversal.

Gross profit +1 point.

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