Swing Trading, Day Trading & Technical Analysis (now at EminiMind.com)

Filing for ‘Trader Tax Status’

January 16, 2011
Tim Racette
Analysis

“In this world there is nothing that is certain except death and taxes” – Benjamin Franklin The government provides it’s biggest tax breaks to business owners and investors. As a self-employed trader, there are many ways to limit your tax liability along contribute to retirement plans and deduct additional business expenses. I am not a licensed tax professional, so I refer all my trader friends and colleagues to Robert Green over at Green Trader Tax. Green and his company are…

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Earnings Season Underway with AA

January 10, 2011
Tim Racette
Events

As is tradition Alcoa (AA) kicks off earnings season today. This usually leads to a lot of whipsawing during the open and should be traded with caution. It does pose great for intraday traders and traders playing these news announcements. A full list of earnings announcements can be found here.

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Day’s You Should NOT be Trading

January 5, 2011
Tim Racette
Articles

Being a trader doesn’t mean you MUST trade every single day. You’ll probably find the bulk of your trades take places on Tuesday, Wednesday, and Thursday and that when you enter your first trade late in the day it tends to not go so well. There is a reason for this. Look to the first 30-min bar of the ES for clues. Below is a list of day’s to watch out for when trading. You’re better off taking the day…

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Back in the Saddle Again

January 4, 2011
Tim Racette
Analysis

Today kicked off a great start to 2011. Typically we don’t see the majority of volume return until after the MJK Jr. holiday, but a good way to gauge the day ahead is to look at the first 30-min bar of the S&P Cash Session (9:30-10:30 AM EST). Over 150,000 contracts traded is a signal of good participation, 200,000+ is great participation and a very liquid market, anything below 150,000 is cautionary and below 100,000 is a no trade day.…

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Getting Started in Trading

November 24, 2010
Tim Racette
Getting Started

For those looking to get started in trading futures, or trading in general I can relay my personal recommendation with charting package thinkorswim and futures trading platform Infinty Futures. Both companies have outstanding customer service, something greatly overlooked in the trading/investment industry. Both are on the cutting edge of innovation in the industry. And, best of all both are free (for personal accounts; entity account who sign up with TOS will pay a monthly data feed of approx $200 for…

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