Chapter 18

The Advanced 30-Minute Breakout for S&P and E-Mini Trading

First published: 02 January 2012

Summary

The popularity of day trading in stocks and futures has been a blessing for many traders, but a curse to most because day trading is a difficult road to take as a means of making profits in stocks and futures. The 30-minute breakout method taught in this lesson will help to get the edge on day trading, but it will require Persistence, Maximum discipline and attention to rules, ability to trade multiple positions and capability to sit at the computer all day. The 30-minute breakout method (30MBO) uses the price high and price low of the first 30 minutes of each trading session (day session only) as the setup. The markets that are currently worth considering as appropriate for the 30MBO are S&P, E-mini S&P and in stocks SPY DIA QQQ.

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