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Emini futures, or simply eminis, are smaller-sized contracts of “full-grown” futures contracts that have been around for decades. Unlike the latter that have been traded on physical exchanges, eminis have always been traded electronically, allowing retail traders with access to the Internet to compete against institutional traders from the comfort of their homes or home based offices.
You can defiantly make money in this way, I as an example, am one such person who has done so. Speaking from the perspective of someone who has been in the day trading trenches for over 5 years, I have some pretty good news for those just starting in emini trading. I tell you the truth everyone, if you want to make money it’s now easier to do than ever, even more so than when I first started for sure. This has much, if not most, to do with technology, one very useful and important element of which are easily available trading simulators that these days render trading conditions in a respectably realistic way.
There are quite a few good simulators for emini trading currently available to emini traders, the best of them being probably ninjatrader review. One of the main advantages of NinjaTrader stock programs is that it can be used with most emini futures brokers out there. What’s really nice about this simulator is that it gives you a very comprehensive statistics of your performance, such as the number of losing trades, the number of winning trades, the average profit per trade, the average loss per trade, the percentage of winning and losing trades plus a host of other, even more complex characteristics that could be of particular use to those working on their mechanical emini trading systems. NinjaTrader also allows you to trade live, so once you have mastered trading eminis in a simulated environment, you can use the very same platform for trading them for real.
I think people do know, as they should, that no amount of using simulators is going to make up for real world experience, but getting some practice is a huge advantage over going in blind. One very important element of live trading is almost completely absent in simulated trading. Of course that lacking element is emotional attachment to money.
