Trade to Win - Proven Strategies to Make Money

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Money Never Sleeps 117

FIGURE 10.2 A daily chart of April showing how prices on the E-mini S&P futures

reacted in 2008 to Tax Day.

Employment numbers were released. Prices shot up in response to the

numbers. I did not have to wait for 8:30AMto make my play. As Figure

10.2 shows, I traded the E-mini S&P and made money.

Holiday Trading

Not only is it possible to trade the S&P futures after hours, but it is also

possible to do so on many holidays when the pits on trading floors in

Chicago and New York are empty. For example, the CME is open Thanks-

giving morning and is also conducting business as usual the week between

Christmas and New Year’s. Folks who know me, are probably not sur-

prised to learn that I am one of the individuals who will likely be sneak-

ing away from the feast and festivities to execute a trade at Thanksgiv-

ing. Admittedly, volume is thin, but that is what I enjoy. I know that if

the bulls start charging; the bears will be nowhere in sight. Or if the