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Are you Happy with Your Job?

By |2019-11-21T05:47:50-06:00November 15th, 2019|#HomeOffice, Beginning traders, Earn More Money|

Are you where you want to be now that you have some years behind you? Did you make that million-plus dollars you always dreamed of earning? If you need to add to your pile of money to live out the next years of your life; Please keep reading. If the term futures trading sounds like some highfalutin term for a wall street banker or stockbroker; then let me share with you a revelation. None of the futures traders I know work in an office building. They all work from a home office or from a garage office, and you could set up your RV with wi-fi and travel as you earn. We are not trading stocks, We are trading the S&P500 Emini. This is an electronically traded futures contract on the Chicago Mercantile Exchange. This is an index fund comprised of the best of the best 500 stocks. The mechanics of trading are very simple, but there is more you must know and be aware of to be successful.  We train you for this and also money management, risk analysis, and capital preservation. Some traders have a college degree, many do not.  These people make good money too.  It will surprise you when you find out the amount of money you can make working 4 or 5 hours each day.  If this sounds like something you would want to do, let's talk. Contact us and we will give you a pass good for 2 sessions at our live trading/training classes. If you have never traded, or if you have experience trading; either way this will open your eyes to how simple it can be and how much money you can earn. We want to help you find that perfect spot where you are confident and you know you can grow and earn more and more as you gain experience. We are unique in the industry with our on-line mentored classes and targeted classes for specific issues such as trading platforms, software, trade signals and more. Our instructors are seasoned traders and industry experts. Don't be afraid to come and sit in on a couple of our private online sessions. Then you can see how transparent we are and how we learn and earn. The Founder of the S&P500 Trading Group, Dr. Cast, is a veteran  (enlisted) and knows the value of education. If you have reached this site, you probably notice were are focused on education and learning. The proper education to start a $500K career will take a least a year. How long will you spend in college to get a Masters Degree and earn $100K? How much debt will you have before you earn your first dollar? If you want to set your financial goals for a $500K career, we will train you and show you how to just that.  And, you can earn this career with the goal of little or no student debt as you earn while you learn. This particular site was started for former military and Law [...]

When Do you enter a trade: Futures Trading

By |2019-11-05T06:32:40-06:00November 5th, 2019|Beginning traders, Earn More Money|

Timing is not everything, Position is so important Beginning traders may be confused with these terms, but they are not complicated; if you have the proper training. A good trade is Risk Averse — the key to being successful in business is to manage risk. Know your gain and your stops before you enter a trade. Risk management and capital preservation is very important.  Futures Trading involves risk, as do all capital investments; so before you start this great trading career, make sure you have the best training possible. If you want to earn more money or start a $500K career; this is where you start. Before you enter any trade, you practice the trade, and then practice some more. After 100 or more practice trades in a particular trade and with a track record showing your success and your failures; then you can think about putting your capital at risk. What are the pitfalls of trading? Typically traders use advanced signals to get in on a trade with the trend.  ( up or downtrend) The problem is; they don’t know when a trend is going to end. It is impossible to know when a trend is going to end or when it is going to turn around on you. We do know one thing for sure and that is we have the best advantage if we get in on the trend as early as possible. Learn your risk limits to ensure your overall financial goals through money management. How do you get in on the beginning of a trend? First, you have to identify when the trend is ending and we do that with the Auction Indecision Symbols. (doji etc.) These skills are not complicated. We teach all this and more in our S&P500 Trading Group. Next, you want to confirm the end of a trend and the beginning of a new price direction with a turnaround signal. In Summary: The Auction Indecision Symbol tells you when a trend is ending and the Turnaround signal gives you confirmation that a new price direction or new trend is beginning. Together those two symbols represent the trade signal and give us permission to get into a trade. In our group, we call this a D123 with the trend trade.  We can explain more if you want to join us in our live sessions. The first two trade signals you use the most are the Doji / Pin Bar and Double Bar. The Pivot Point and the Turning Point are used less frequently because they are not as solid as of a turnaround signal but they do indicate when new decisions are being made. If you want to learn more about our techniques, contact us to join a live trading session. Answer a few short questions, and We will give you access at no cost to view our live trading/training sessions. Come and visit us for a couple of free sessions and you will agree, The S&P500 Trading Group is like no other. [...]

Don’t follow me. Until you know your Risk Limits

By |2019-10-31T08:19:43-05:00October 31st, 2019|Beginning traders, financial goals, Futures Trading|

Let's talk about safe trading. Futures Trading. Follow me a minute and you will understand. When you drive a new ride and push it too hard, some predictable things will happen. We have proven over and over the mistakes that new futures traders make. When you are new to futures trading it can be like driving a High-Performance car.  Take it easy until you know the car and the track. Fast and gorgeous There is risk in all endeavors, and you need to know your limits.  If you want success in your financial goals, read on. Just like driving a new race car, we at the S&P500 Trading Group know the errors everyone makes, and we prepare you for the bumps and the turns in the track. Don't risk a mistake until you have trained and trained some more. You need to finish the course and not wreck out.  We call this risk management and risk analysis.   This ATV on the right was driven past its limits trying to keep up with more experienced drivers. This is common for new traders also. When the side by sides 1st came out; there was a small learning curve. Actually a large curve.  In stock form, we wanted to see how hard can you push this ATV and still make it to the finish line. The learning curve was steep. Well, we found out; and ended up on our side or upside down too many times. Futures trading follows this same track. Risk is Necessary, But You have to Know Your Limits If you did these same things and you were not wearing a helmet or seat belts, you may not be reading this.  This picture could be on your tombstone.  So, the lesson here is; if you're going to push past your limits, make sure you have a safety net of some sort. Make sure this will not be your last ride. You never risk too much money on 1 trade. Things happen fast when you are new to a track or a piece of equipment.  Even after you work out the bugs in your driving style; you still need to wear a helmet and seat belts. In trading, we set upper and lower limits according to your level of training and how much you intend to risk. Helmet and belts. The most important skills you will learn as you drive one of these is how hard you can turn. How fast can you turn and what happens when you brake in a turn.  See some items that look alike in that last sentence? Going in a straight line is easy. When you attempt a turning maneuver is when the fun starts. I can assure you, futures trading can be exhilarating and rewarding. It can also be dangerous if you don't have the proper training and skills. When you don't have the experience or necessary training, you can easily push too hard. Sometimes you will see a trade that looks [...]

Thank You for Your Service

By |2019-10-25T09:07:09-05:00October 25th, 2019|Beginning traders|

How many times have you gone off base and went out to eat or went shopping while in uniform? You know the drill. People come up to you and tell you "thank you for your service". They even offer to buy your lunch. The big hardware stores and restaurants offer a discount, and the cashier is required to say " thank you for your service". Kinda gets old; doesn't it? You know these kids at the cash register mean well, but you also know that because of your time in uniform and your sacrifice; they don't have to give up what you did. They can live a normal life because you gave up such a large portion of yours to keep them safe and free. Sometimes, I see the veteran that has multiple bumper stickers and a ball cap emblazoned with his branch of service or his unit patch. He wears an OD green field jacket circa 1965. Then the first thing that comes to mind is the joke between the brethren; " Thank ME for MY service!"  But now, I feel sorry for the vet that seems to be frozen in time and his major accomplishment in life was a couple of years in uniform. Time must have stood still, as he is still wallowing in his younger years. We are all different, but please don't be angry with me. I spent 12 years in uniform and loved it, but a peacetime Army sucks, and I needed more challenges than the Army had for me after the Viet Nam war. Many soldiers retiring now have seen a combat-ready branch of service since they joined. They had a mission and they were allowed to accomplish that mission. After Viet Nam, the cold war was terrible for morale. We had casualties and missions, but there were no heroes and no victories. I see today's soldier, sailor, airman ( no I did not forget our sisters in uniform ) and I marvel at their physical fitness, their mental focus, and the sacrifices they endure. I could only hope to match up to their level of professional accomplishment. Not enough of our generation survived their injuries as do the modern soldier. We gave up time with our family. You gave up the education and maybe the degree that would propel you to a high paying job. You may have given up a leg or an arm and your hearing and sight. Your resume is doctored and slim when you look for work. ( who wants to hire a trained marksman). Hell, even the law enforcement field was closed to us after Viet Nam; because we were accused of being baby killers. The Sheriff I worked for was scared to let me carry a weapon. He assumed all soldiers were mental cases and would go off the deep end if they were put under stress. The public stigma was caused by a bunch of social justice warriors. ( we called them hippies ) Due to your injuries; you [...]

Trigger Discipline , Target Analysis

By |2019-10-22T09:01:35-05:00October 14th, 2019|Beginning traders|

What are your thoughts on proper trigger discipline? Have you seen dangerous and fatal accidents due to poor discipline? Take that experience and the skills you learned and use them for your financial success. Your skills translate very well to the art of making money in Futures Trading. Read on to learn how you can meet your financial goals using some of the disciplines you have already mastered. This pertains to military and law enforcement.  This is if you are looking to earn extra money or looking for a $500K career. Targeting your financial goals.  Let me explain. When you target a trade ( we trade on the S&P500 index ) you are checking off items such as range, target identification, collateral damage, and situational awareness. There are other items that may affect your decision, but these are near the top of most peoples list. We use those same criteria when we decide to take a trade as we trade futures contracts. Here is a short list of items we use to decide to pull the trigger. Target Identification.  In trading, we have to identify the trend. We have to know if the price action is going up or going down.  That is the most important factor to identify. Range measurement is critical to determine if your choice of ammo or weapon is within range. Futures Trading has a predetermined range for different risk targets. Choosing the right risk range for the target will result in better than 50% lethality.  Who can argue with that number for ammo conservation? 50% of your rounds are on target and effective. Off target awareness.If you are off-target too much, there is the chance your rounds will end up somewhere you were not expecting. Futures Trading does not have as much damage to personnel or equipment, but if your sights are off a bit, you can lose some of your capital. (your money).  Do this too much, and you will have a really bad day.  The purpose of proper trading is to make money; not to lose money. Each trade contains a certain amount of risk and certain highs and lows associated with the timing of when you pull the trigger and enter your trade. The gain (profit) for each trade is offset with the risk (loss) of that same trade. That range is calculated and posted before you pull the trigger.  We describe this area outside of the range as a stop point.  Don't pull up stakes and go past your stops or you can drop rounds outside your prescribed fire zone. Prior Activity in an area. Being aware of the previous movements of your target will help you to decide if the target is comfortable in a certain area. If they come back to the area often, you may want to include that area in your range card.  Trading is very similar. An old saying about history is, "History tends to repeat itself"; while this may not be 100 percent accurate, history sure does echo loudly. [...]