Emini Trading – Can Biorhythms Help You in Trading Eminis?

Do you believe in biorhythms? Should you? Is there any advantage to taking them seriously? Would they help you in your day trading of emini markets? Or in your life in general? That’s what we will address in this article.

When I first learned about biorhythms I was only a teenager. I thought there was some science behind it or at least that’s what the sources I consulted then wanted me to believe. The truth be told, though, there is probably very little scientific evidence to support the idea of biorhythms, but a quarter of a century later, I still consult biorhythms, even if I should know it better by now. Yes, I do consult them because I have noticed that there is a good deal of positive correlation between my mood and mental acuity and my emotional cycle. And to some extent also between my energy levels and my physical cycle or my mental prowess and my intelligence cycle, though I seem to be mostly affected by the 28 day (practically monthly) emotional cycle. There are times when I really cannot understand or explain why I am feeling particularly lousy or sappy on a given day as there seems to be no good external or any apparent internal reason for that. On a day like that I usually check my biorhythms and more often than not I am presented with a plausible explanation: I am either close or I just entered a critical day or my cycles are indicating a bearish phase, meaning I am down. And so perhaps the best I can do at a time like that is to prevent myself from starting to dig in this hole. Let’s just relax a bit, it’s not likely that I am going to get done a lot today, anyway.

Biorhythms were discovered at the turn of the twentieth century. One of their earliest proponents was Wilhelm Fliess, a medical doctor in Berlin, Germany. In 1906, this specialist in ear and throat illnesses at the University of Berlin, discovered regular cycles in the development of his patient’s symptoms related to common colds, diarrhea, fever, and other common medical problems. In 1928, Dr. Friedrich Teltscher, of the University of Innsbruck, Austria, managed to prove the accuracy of the 23 and 28 day cycles after examining the results of experiments on several thousands of high school and college students. Moreover, he also discovered the 33 day intellectual cycle that he believed was related to the ability to remember and reason.

Biorhythms were used by sport coaches in training programs for athletes competing in the Olympic Games. Soccer coaches found biorhythms useful for selecting and training players.

In the last 10 or so years, the idea of biorhythms seems to have been discredited. The statistical studies once supporting this idea, have been found wanting and nowadays this idea is considered to belong to the same realm of scientific validity as astrology.

Should we thus totally reject it as bogus? Personally, I believe that would be unwise. Cycles do exist in nature, the most known of them being the annual one related to the Sun and the monthly cycle that has the Moon as its basis. It is well known that different seasons have different influence on humans. In particular, during the winter time we are more prone to depression when during the months when the Sun stays longer above the horizon. The monthly cycle is related to the menstrual activity in females, for instance, but may have also other effects, less pronounced. The fact the all the biorhythmic cycles have been found to be relatively close to the monthly cycle of about 28-30 days should probably not come as a surprise. This probably reflects the fact that the monthly cycle is real.

So how should we approach this issue from the practical point of view and, in particular, from the point of view of a daytrader? Well, first start by monitoring your moods and mental acuity. Whenever, you feel subpar and cannot find a rational explanation for your poor intellectual performance or lousy mood, see if this coincides with a critical day in the emotional cycle, the one that is closest to the monthly cycle and which I personally have found to be of the greatest influence on me. Or perhaps you are very deep in the negative zone of the emotional cycle, close to the bottom. If you notice such correlations, you may want to take them more seriously and simply try to take it easier and be more cautious in your work or your trading when you are experiencing one of those down periods.

It’s hard to keep working at the same strength and pace all the time, so use the periods when you feel slower, less psychically, mentally or physically fit to regenerate your energy. This will serve you well in the long run whether your main occupation is that of an emini daytrader, teacher or nurse.

Pavlov’s Dog, Trading, and You

Ivan Pavlov was a famous Russian scientist, mostly known for his work in physiology. He won a Nobel Prize in Physiology or Medicine in 1904.

He was apparently so famous and so highly regarded in the former Soviet Union that even Bolsheviks did not dare to touch him despite the fact that he loathed them. In 1923, according to Wikipedia, he claimed that he would not sacrifice even the hind leg of a frog to the type of social experiment that the Bolshevik regime was conducting in Russia.

Loathing Bolsheviks was associated with a higher mortality rate among those loathing them. Not unlike loathing Putin or his regime these days. It takes no Ph.D. to explain either.

Pavlov is particularly well-known for his work on conditioned reflexes that is often presented in terms of the Pavlovian dog. This famous dog shows a physiological reaction to a stimulus (condition) and shows the lack of it when this condition is removed. For instance, it can salivate when the stimulus is present.

One, quite cruel, example of this conditioned behavior in Pavlov’s times and the times preceding him was the behavior of circus bears that were trained to “dance” when some music was played. To train the bear to “dance,” the trainer would put the poor animal on a hot plate and started playing some tune. Because of the heat penetrating his feet, the bear had no choice but to keep raising his feet to minimize his suffering, which looked like “dancing.” After a few experiences of this sort, the bear would associate the music with heat and would start “dancing” whenever it was played.

Notice that the stimulus (playing music) is neutral and yet it can cause quite a reaction due to the conditioning that took place during the training. The neutral nature of the stimulus is typical of classical conditioning discovered by Pavlov and is one of the elements that differentiate it from operant conditioning discovered by Jerzy Konorski, a Polish neurophysiologist, who along with his collaborators extended Pavlov’s work. Classical conditioning and operant conditioning can be viewed as the foundation of behaviorism, an influential school of psychology, especially popular in the US, that these days may actually be enjoying some revival when applied to the socio-economic behavior.

I am not a dog (although on the Internet you never know), nor a bear, but humans, being just another animal species, exhibit the same behavior, and they often may not even realize that.

One thing I have been noticing for some time in my trading, or in my behavior as it relates to trading, is that I may seek trading in order to calm down, which seems rather perplexing as most people associate trading with increased levels of stress. That may be true, but trading also forces you to become calm and focused in order to perform well, and so after a while you come to associate it with a calm and focused mind and may be tempted to engage in it to simply calm down.

If you have not noticed such a behavior, you may still need more practice. It’s really the practice that makes you a good trader, though a good trading methodology can make a big difference too.

However, even the best methodology, will not make you a winning trader if you ignore the importance of practice. I think that’s what really separates the good traders from the poor traders: the practice and very focused practice at that, which means, in particular, that sticking to one methodology for a long time is better than trying a few methodologies for even a longer time. Of course, provided the methodology in question has ever showed any evidence that it could work for anyone or else you are just wasting your time.

Interested in launching a lucrative career as a day trader? This author believes that KING, an e-mini futures trading course, http://www.eminimethods.com/system_king.html, can put you on a fast track to success in this field.

Day Trading Learning

Day Trading is the practice of buying and selling financial assets such as stocks, stock options, currencies, cash, equity shares, bonds, loans, or any other securities within the same trading day in which all carried positions are usually closed/square-off before the market close for the trading day. It allows traders or investors to make profit within the trading day. Traders who participate in day trading are called intraday traders or day traders.

Day trading generally refers to the opening and closing positions in financial assets at it is categorized above within the same trading day. It is used to take positions in a trading day and during the trading hours trader can closed his/her all positions at any time within the same trading day. It is supposed to be as gambling and speculation in which trader has to close his/her all acquired positions, no matter whether he/she is in profit or loss by the end of trading day.

In day trading or intraday trading system, traders can both either buy or sell according to the market nature whether it is bullish or bearish. When the market looks bullish traders use to buy first and then sell it to get profits, while on the other hand when the market looks bearish traders use to sell first and then buy stocks in order to get appropriate profits. However it requires lots of experience and knowledge of share market.

Day Trading Techniques: Intraday Trading Techniques provides a road map to traders by which day traders trade in stock(cash) market and attempt to make profits. Nowadays lots of stock trading course/education are given by different broking and investment advisory firms. Following are the techniques used to trade effectively in day trading or intraday trading:

1. Always follow the current market trend: Trend following is a day trading technique that helps to predict market nature and behaviour in various markets. By using this technique trader buys stocks which are assumed to rise, or fall in the expectation that the trend will go.

2. Scalping trading: Scalping is simply a trading strategy that attempts to make profit by the numbers of small price shares. It is generally referred as spread concept based trading. Sometimes it is known as chunking trading which allow to trade in small chunks.

3. Stock Volume and Market Volatility: Before going to take positions in day trading, a trader must look at to the volume of stocks and keep updations of market volatility as well. Volatility can be considered as one of the important factor to evaluate stocks for day trading.

4. Analyse Risks and Rewards: Day trading is a high risk trading game. It has lots of risk as well as high profits. Before investing in stocks a trader should analyse the risks and rewards associated with it.

5. Technical Aspects: In order to trade effectively in stock market traders need to take help from modern softwares and live stock charts. A trader may require to take help from stock advisor, and technical analyst to get stock reports and stock news.

6. Avoid Over-trading: A day trader should avoid to indulge in over trading, it may cause for loss, however sometimes it may lead towards profit.

Finally comes to the conclusion that the day trading is risky trading style, and a day trader must understand the risks associated with it. To trade effectively in intraday trading one should follow the appropriate rules, regulations and restrictions.

Secrets of Successful Traders Review: Does It Actually Give Sound Trading Advice?

Getting involved in the stock market is essentially gambling, albeit in a more formal setting. The right investments can make you hit the jackpot, while poor choices can make you virtually penniless. However, unlike gambling where most are games of chance, there is a human element involved to become successful in the stock market. You need to be able to know how the market works in order to know when to buy and sell stocks at the right time to be able to make a lot of profit. As some experts may say, there is a science behind the success of the stock market traders and brokers. As such, a lot of beginning traders grab every book and resource they can get in order to try to decipher the secrets in successful trading. Secrets of Successful Traders is arguably one of the best resources you can use to learn more about how to make real profit in the stock market.

What is Secrets of Successful Traders?

Secrets of Successful Traders is an e-book produced by Anthony Green and his team. Like you and other people who invest in the stock market, he also had his own share of ups and downs when he was only starting out in investing in the stock market. In an attempt to make more money through his investments, he picked up just about every kind of book and enrolled in all kinds of seminars in order to pick up tips in how to make it big on the market. While there were times that he was able to earn money, he would inevitably lose it again, practically making no profit no matter what he did. Eventually, he grew tired of the financial roller coaster ride, and evaluated what was happening to him. He thought back to the time when he won some money when he bought and sold a stock. While the amount was not that much, he found himself wondering what exactly he did to actually get the money. He then analyzed the process, and then applied the strategies he picked up from this lesson to check whether these would work again. It did. Together with his team, they developed and refined the process in order to come up with the five proven strategies that would form the basis of the Anthony Green Secrets of Successful Traders e-book. Initially, they taught these strategies in seminars of 2stocktrading.com (all of which are fully packed with people eager to find out more about how to find success in the stock market). However, they realized that people will need to know more about these strategies that are effective, and Secrets of Successful Traders was born.

How is Secrets of Successful Traders Different from Other Trading Books?

Unlike other kinds of resource materials that say that you will need to use a ton of money to get financial rewards in the stock market, Secrets of Successful Traders takes a different approach. Secrets of Successful Traders does away with all the fluff and glamor used by the other e-books and gets down to the meat of the matter to give you the practical tips that you can apply to make sound investment choices. In fact, Anthony Green actually says that by using $ 1,000 wisely, you can actually become a millionaire within five years when you use of the techniques listed in Secrets of Successful Traders.

Whether you're a beginning investor or experienced in trading, Secrets of Successful Traders can help you earn more than what you're getting in the stock market. The book is aptly named, because the things you will read there is information that you can only exclusively find in the e-book, so don't miss your chance.