The History of Options Trading

The first account of options was in Aristotle’s book Politics, published in 332 BC. Aristotle wrote of the astronomer, philosopher and mathematician Thales from Miletus, who used the stars and weather patterns to predict the next year’s olive harvest. Predicting an plentiful harvest, and knowing that a large harvest would result in olive presses being in high demand, Thales knew he would make a significant profit if he owned all the olive presses in the region. Unfortunately, he didn’t have the money to buy all the olive presses in the region.

E-Mini Trading: How Many Contracts and How Often Should You Trade?

This is a very difficult question to answer properly, because the response is dependent upon an e-mini traders experience and goals. Obviously, a new trader should trade a single contract until he or she develops the competence and confidence to trade in a consistently profitable manner.

E-Mini Trading: So You Think You Want to Trade E-Mini Contracts For a Living?

The dream of working from your home harvesting buckets of cash in your pajamas (if that is your preference) is an idealized view of economic nirvana often associated with e-mini trading. Unfortunately, for a fledgling trader nothing could be farther from the truth. Countless internet educators trumpet “easy money” to be made with relative ease are a contributing factor to the mistaken viewpoint that e-mini trading is an easy road to untold riches.

E-Mini Trading: Which Contract Is Most Effective to Trade?

From the onset, I must state that there are no e-mini contracts that are “easy” to trade. Some contracts have distinct advantages and disadvantages that make them attractive to each unique and individual e-mini trader.

E-Mini Trading: Learning to Trade in the Channel

It is generally considered unwise to dabble with trading e-mini contracts when they are in a consolidation channel. I think, by and large, that this is some good advice because trading in channels can be treacherous and result in substantial losses. As a longtime trader though I relish the opportunity to channel trade e-mini contracts. Early in my career, nearly 25 years ago, I had an unusual mentor who lived to trade in the channels and was kind enough to share his technique with me.

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