There many different markets out there but there is something about Emini day trading that attracts many traders into it. Some of which have already traded in bonds, forex and other markets but they are still love to go into the futures market. This may be due to the many advantages that day trading eminis solutions have to offer. Below are just some of the advantages that has lured beginners and more experienced traders into this market.
1. Lots Of High Quality Trading Opportunities For Traders – The Emini S&P 500 is one of the most active futures market. The market is huge and there is continuous activity throughout the day. This is why it is possible for traders to trade for as little as a few hours in a day but still be able to be profitable. This is because there are lots of trading opportunities in this big market.
2. It Is A Regulated Market – The trades done in the Emini S&P futures are recorded and there is an official sales report that is produced. These trades are available to the public but they are in a first come, first served basis. This market is electronically available that is why all traders have the same access to it.
3. It Is A Technical Market – The number of those who trade in this market plays a role in it being a technical market. Due to this, the market is highly difficult or even impossible to manipulate. This also makes the trends a bit more predictable. In addition to this, the traders can focus more on the price movement rather than the other factors that can affect it. This is because the patterns can be easily recognizable.
4. Possible To Focus On One Chart And Trade – Being a technical market helps enable traders to easily trade by focusing their attention on just a single chart as a basis. As day traders, this is possible and more easy as compared to trading in other market where you have to know a lot of information before you can confidently trade. Sometimes, when we are exposed to too many information, we tend to simply not do well because we get so confused about everything. With the help of a reliable connection, you can trade from your laptop wherever you are in the world. The preparation traders do out of the trading day can also be more simplified and minimal. This makes it possible for the trader to do other things that he or she would want.
5. Absence Of The Pattern Day Trader Rule – For someone who doesn’t have much to invest, you can have an account for as little as $2,500. It is also possible to trade as often times as you want. For those who trade 4 or more times in 4 business days are considered by the sec as a pattern day trader. If you are considered as such, you have to have a minimum capital of $25,000 deposited in your account. You should also make sure that you don’t go below this value when trading or else your account will be locked.