“The Little S.O.B.”

When I ascribe negative traits to trading vehicles such as the E-Mini S&Ps, it is for good reason. For in fact, when the little monster moves wildly up and down, sideways, or sometimes barely at all; and when it gallops a mile just to hit “your” stop-loss, it is in fact doing the instantaneous bidding of a thousand wild-eyed traders, each attempting to second-, third- and fourth-guess all others in the game at every moment. During this tutorial session, we examined this propensity of stocks, commodities and index futures to move as though they were out to cripple and maim anyone who would seek to make “easy money”. Enjoy!