Day Trading Stocks With The 500 E-Mini - Pros and Cons

Day Trading Stocks With The 500 E-Mini - Pros and Cons
By Erick B Carlson
If you want to own your own office, lean back in your own office chair with your feet kicked up on the desktop while you count money, then you should seriously think about trading stock with the S&P 500 E-mini. Risks are involved just like any other gamble you might take in life but the rewards can be life changing. It doesn't take a college education to start trading in today's market. Most trading companies have software and digital access to their trading platforms, so that customers can have a simplified trading experience. It's as easy as setting up a Facebook account and entering your credit card information.
These are the Pros of why you should invest in the S&P 500 E-mini:
• Traded Online in a completely electronic environment, making traders even on most playing fields, whether you are trading 15 contracts or 1500.
• Simplified futures contracts - Decreases the need to track numerous charts
• Cost's less to get started than traditional markets - Buyers can get started for as low as $2500 dollars.
These are the Cons of why you might want to rethink investing in the S&P 500 E-mini:
• Slower Market - If you are someone that likes a lot of action, all the time, then day trading might not be for you. There are limits of how long and how much you can trade in a single day.
• The electronic environment is a pro and a con because there is such a thing as, "trading too fast". If you have even one day where the market doesn't go your way, trading too quickly could also make you lose money quickly.
• Competition - Almost half of all trading that is going on in an electronic environment is run by algorithms. Meaning, computers that can find patterns in the market and matches those patters to turn into dollar signs. The competition is stiff but it is still possible to profit in this market, not all algorithms work according to plan.
Make sure that you are confident that this is the type of business you want to get into. Trading stocks is not something that you can just learn overnight, even with the best teachers in the industry. If you have the extra money to throw around and you're willing to take the risk that comes along with it then, you should definitely think about getting into the stock trading game. While everyone else is waiting to make a decision, take your first step and start trading today. What have you got to lose? It's only money.
Erick Carlson is a contributor to the only website that offers day trading services, education, and 1 on 1 dedicated training, all in one. Visit the site: http://howtotrade-stocks.com.
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