Tag Archives: Trading System

NinjaTrader Day Trading Software

The Truth about Day Trading Software

“What is you your best indicator?” “Do you guarantee your day trading software will work?” I get these questions all the time.  When I hear them, alarms go off in my head because it usually means the person asking has inflated expectations of… + More

April 19, 2021

Erich Senft

market direction

The Blame Game in Trading

I find it interesting that when the market action goes against us, we need to find someone or something to blame. However, I rarely hear from traders when the market action is going their way with those same ‘blame game’… + More

April 16, 2021

Erich Senft

Trade Plan – Starting Your Pre-Market Trading Checklist

Doing a pre-market trade plan is a critical step toward setting yourself up for a successful trading session.  I try to have myself set up as follows for when the regular trading hours begin: 1. Set-up Your Trading Environment For starters,… + More

April 13, 2021

Erich Senft

Simple Futures Trading Software

Futures Trading Software and the K.I.S.S. Principle

Futures Trading Software – Simple can be Better K.I.S.S. is an acronym for “Keep it simple, stupid”. The K.I.S.S. principle states that most systems work best if they are kept simple rather than made complicated; therefore simplicity should be a… + More

April 10, 2021

Erich Senft

stop loss strategy

Choosing the Right Stop Loss Strategy

I talk with traders all the time about their Stop loss strategy. The number one concern I hear is getting stopped out and then having the trade turn back in the direction of its original move.  This can be incredibly… + More

April 7, 2021

Erich Senft

Essential List of Day Trading Skills

I have received some emails from new traders inquiring as to what day trading skills they should work on to get ahead in trading the futures, forex, and equities markets.  The following list is by no means comprehensive, but it… + More

April 4, 2021

Erich Senft

Trading Challenges in new markets

Day Trading Challenges and How to Overcome Them

How Changing Things Up can Help I hear it all the time: “I’m getting killed trading oil”, “I’m not consistent with the ES”, “I’ve been trading Binary Options and I keep losing money”; the list is endless.  Day after day… + More

April 1, 2021

Erich Senft

Patience and Trading Choppy Markets… Wait for the KILL!

Patience and Trading Choppy Markets… Wait for the KILL!

What’s a trader to do when faced with seriously soggy markets? I don’t know about you, but I don’t like day trading the chop; even Indicator Warehouse futures trading expert Erich Senft says it may be best to find a… + More

March 29, 2021

Erich Senft

Day trading tools

Do You Believe In Magic?

You Shouldn’t!  Before we go any further, make sure the kids aren’t reading this because I may have to resort to killing Santa Claus before the article is over. Now that I have shattered some of your dreams let me… + More

March 26, 2021

Erich Senft

3 Things to Do Right Now to Become a More Profitable Trader

3 Things You Should Do Right Now to Improve Your Trading

This is a presentation in which Erich and I discussed why 90% of traders are doing things that are preventing them from becoming a profitable Trader. The good news is that during the live event to covered three immediate and simple… + More

March 23, 2021

Erich Senft