Eminis (or formally known as emini futures) are just little contracts of a bunch of full futures contracts that have been around for like 20 years now. One difference between stocks, which have always been traded on the floors of the exchanges, eminis always have been traded via electronic means, leveling the playing field for home based traders so that there is no advantages for institutional traders who are right on the floor.

Success in this field is certainly possible and this author, if he may say so, is one example of this. 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. One of the main advantages of NinjaTrader market software is that it can be used with most emini futures brokers out there. The thing I really like about the simulator is that it gives you detailed stats about your performance, like number and value of losers, number and values of winners, average values of trades, and even more complicated statistics that can be very useful for people to learn where they need to improve. It’s simple, the premise is you try to learn how to trade eminis in a simulated environment until you master that, and then you can move on to make your real money with the same software.

One should however be aware that simulated trading of eminis, or any other trading vehicle, for that matter, is not exactly the same as live trading of these instruments. There is a major element that is lacking in simulated trading of emini futures. Of course that lacking element is emotional attachment to money.

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