We're going to spend a little time on trading CME micro contracts in our live trading room. Why are we trading the micro contracts? Simple. We are here to do what our members ask and they asked for us to teach them to trade like professional traders. With generally smaller accounts ($3k to $20k) we decided to start by showing you can still make $100-$400 a day using just the CME micro contracts.
What does a professional do that most private traders cannot do? They think in zones. Buy zones and sell zones. Inteligex completely supports these - they are super clear and easy to see on screen.
We teach you to trade with four basic trade types:
All of these trade types are easy to learn, simple to spot and have a win / loss ratio of 80%.
In todays video you will see how we "scale in" to a trade and then scale out. Simple trades. You will also see how excellent our daily Support and resistance levels are. As an example look at the MQ in the diagram below. We have 2 major support levels (which were predicted 12 hours before the market open). One is the red dot and one is the blue line (both arrowed). Look at what happens when we touch these numbers .... we simply reverse the plunge.
In the video below you will see how we build out a "buy zone" using our support and resistance numbers, and then execute a close to perfect "break in" trade. It all works. It all makes money - and we prove it daily.
Live trading track record @ 23 Feb 2021
European session: $0 (total)
First session US : +$390
68 trading days with consecutive profits.
221 winning trades, 8 losing, 5 break even.
Trading room profits since 4 Jan 2021:
+$24,083.50
Last 10 trades: WWWWWWWWWW
Note: we live trade a mix of mini and micro contracts on NQ/ES/YM