When SP day trading you will want to know where the support and resistance points are located. Even the big players who put on positions which may last days to weeks need to know the correct support and resistance areas.
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Who trades the SP and how much profit can that trader expect to extract from the market each day. Use a system if your are day trading the SP index, usually the domain of institutions and or large players with deep pockets.
Each point is worth $250 and from high to low in one day can be as much as 60 points or more.
A better place to trade for the small trader or the average day trader is the eMini SP. In the e-mini each point is worth $50 and a good trader who can capture 5 point has made $250.
Now...the same trader, buying and selling 5 contracts at a time
will made $1250. Doing that 2 or 3 times a day can net the small trader a tidy some each day.
If you want the correct support and resistance points sign up for Trader Jacks info.
Patience And Disapline
Trading for profits is exiting and increases your account size. SP day trading the stock index in Chicago.. Those that
treat buying and selling as a business, will have a disciplined approach, that will allow them
to make consistent profits. Patience is another character trait that is a must to capture profits.
All successful traders have patience and discipline. The Discipline to follow your plan and the
patience to wait for the trades to show up without jumping the gun. Presents stock index trading system for trading in sp and emini futures. SP day trading the stock index in Chicago.
Time Your Trades
1988 N Valley Dr
Apache Junction AZ 85220
There is risk in trading Futures, Options, Stocks and
Commodities, which
have large potential rewards, but also large potential risk. You
must be aware
of the risks and be willing to accept them in order to invest in
Stocks, Futures,
Options and Commodity markets. Don't trade with money that you
can't afford
to lose. This is neither a solicitation nor an offer to
Buy/Sell
Futures, Options, Stocks or Commodities or SP day trading.
risk disclosure