The Emini futures referred to in this article are very popular trading vehicles with retail day traders. There are a few good reasons why this is so, two of which certainly stand out. One is the relatively low deposit required to open an emini trading account, often on the order of just $3,000-5,000, the other is the fact that emini futures can be traded from the comfort of your own home.
These two reasons alone are quite attractive to many people trying what may seem like an easy way to make money. A lot of money, as some of them think or are told by the wily salesmen masquerading as trading gurus. But can all of them really succeed?
Now, since I have been a successful emini trader for many years (7+ as of this writing) and have inspired many to pursue the emini trading career seriously, I think I may be qualified enough to address this question. . So, that’s what this article is mainly about.
The short answer is that trading, and emini trading in particular, is not for everyone. However, everyone has a good chance of succeeding as long as they meet some criteria or are willing to work to meet them. A lot of people meet them quite naturally and these are the people I love working with as a business coach or mentor because I believe they have the best chance of success. Others may want to give it a go even if they are not the perfect candidates because I think doing so can empower them to eventually be successful in this business or at least gain great self-confidence and satisfaction in pursuing an ambitious goal. goal of becoming financially independent.
This boost in your self-confidence can, in turn, prove very useful in your other endeavors as well, so you stand to gain a lot even if you don’t succeed in emini trading as well as the others, the naturals. And nothing boosts self-confidence and self-esteem more than chasing ambitious goals, so overall I think it’s a win-win situation. Overall, I believe that anyone who is willing to spend a few hundred dollars on their emini trading education (since more is almost never needed despite other vendors’ opinions on this matter) can benefit from being successful in this arena.
Now, let me tell you what candidates I am looking for as a business mentor. I hope this helps you figure out how good your chances are of being successful as an emini trader. I admit that my criteria are much more demanding than many other mentors in this field, but I firmly believe that my time and my clients’ time and money are better spent if the client is ready rather than when they have to be strongly persuaded to give. . it is an attempt
I am looking for independent minded people who are not afraid to learn in the first place. For flexible people versus those who tend to think rigidly and mechanically, for self-confident people who understand well how much depends on their own work and who are willing to give their best to succeed. Well, certainly everyone can meet these criteria if they really want to, but like I said, some people naturally meet them and even look forward to the challenge of proving themselves in a competitive field, while others may need to do something more. . work before I met them.
My first very successful student was a woman, Kathy. However, the vast majority of my clients are men. It is because of Kathy that I sometimes like to tell my prospective male clients, if only in jest, that as long as they have the guts and guts of a strong-willed woman, they will do just fine. Otherwise, they should probably take up stamp collecting. Gold fabric.