Sure you can trade and potentially make money.  Money management and trade management will dictate if you make money.  Small ports (anything under $25,000) are under SEC rule for pattern daytraders.  Which restricts active stock trading, you are limited with the number of trades per 5 days you can take.  So taking swing trades with stocks or options is an alternative and also trading Stock index futures is a great alternative.  They are not apart of the SEC rule and there are no restrictions on daytrading them.  The minimum account can be as low as $2000 for intraday trading.

Try the swing and positions trades, they require less attention and can be managed easier.

The average length of time depends on the person to find his/her own style, money management and certainly is about how much time you can commit to it.  After several weeks of watching and paper trading or simulator trading you can start slowly trading if you are shadowing our service.  To find your own plays and setups takes MUCH longer.  Learning what stops are, order entry and to read our calls should take you a few weeks at the most.

Money management and learning to admit when you are WRONG and taking the losses!!

We have brokers on our site and a chart provider, these are services we deem as affordable, reliable and fit most peoples needs.  Start your shopping there and then comparison shop if you feel the need to do that.  (located under affiliates)

This depends on the time frame you plan for the trade.  If you are scalping (quick in and out trades) 1 and 3 minute charts are used.  If you are daytrading (enter and exit same day) 5 and 13 minute are preferred time frames.   Overnight trades 65 minute and daily time intervals are used.

Our recommendations are based on a series of proprietary indicators that attempt to determine the trend of a market.  It will not attempt to pick bottoms or tops for entry points.  Often an entry point may appear “late” as the system confirms a developing trend.  A market will always either be in a buy or sell signal, and thus the system will always be in a trade for every market.

There is some variation on how a person can trade the system signals, and these decisions are largely determined by the risk tolerance of the trader.  Not all markets are created equal.  As such, we will rate each market on a scale of one to three, with one being markets that are historically the least volatile and three being the most volatile.  These are based on past performance, but it should be noted that Level One markets can be very volatile at times and Level Three markets can be very quiet at times.  Level Three markets tend to have higher margin requirements (see current margin sheet).  So the decision on which markets to trade will largely be determined by the amount of your risk capital and your risk tolerance.  For those customers with smaller accounts, however, we will make additional option recommendations so that you can still participate in the more volatile markets.

The list of markets we follow is rather extensive and includes most major US futures markets.  You may choose to trade a particular market that interests you.  It is difficult to predict in which market the next good trend is going to occur.  Sometimes a good trend develops in a market you may not follow at all (orange juice, feeder cattle, soybean oil for example).  Don’t be afraid to try trading one of these markets.  We will provide all the necessary information (tick value, hours of trading, margin etc.).

Diversification is a key element to successful trading with this system.  The more markets you follow the better chance of finding the next big trend.  However, trading every market isn’t realistic for most traders.  So in picking which markets to trade, you should look at one market from each grouping.  For example, in the grains (Corn, Wheat, Soybeans, Soybean Oil, Soybean Meal), you might pick the wheat market.  Since these markets tend to trade similarly, with a smaller account, you wouldn’t need to trade more than one at a time.  Other market groupings include:

Livestock (Live Cattle, Feeder Cattle, Lean Hogs)

Metals (Gold, Silver, Copper, Platinum)

Financials (5 Year Note, 10 Year Note, 30 Year Bond, Eurodollars)

Currencies (Euro Currency, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar, Aussie Dollar)

Energies (Crude Oil, Heating Oil, Natural Gas, Unleaded Gas)

Stock Indexes (S&P 500, Nasdaq 100, Dow Jones)

Good diversification would mean picking one market from each grouping.

The basic system strategy involves the use of futures to enter a position.  We recommend entering a position with at least two contracts.  New positions are established on the market open when the system triggers a system based on the previous day’s market activity.  When we enter a position, we will also make a recommendation for taking profit on the first contract.  This will hopefully allow for profit when a market trend is relatively short lived.  The second contract will remain in position until the system changes direction.  When a market shows a large move particularly in a short period of time, we may use a covered call/put as protection against a change in direction.  All instructions for this will be posted in the daily market updates.  Additionally, for the more volatile markets, I will include some option trade suggestions for those customers who wish to participate in these markets with smaller accounts.