Learn some of the most important aspects of trading the Futures Market

In this article, I am going to give you one of the amazing trading styles you'll need as you start to learn to trade E-Minis -- "futures pivots".

How did I come to know about futures pivots? I spent years of live trading, talking to insiders who -- let's just say -- would know. And I lost big time finding out.

There is an old saying in the trading puzzle ... if you have not lost money, you cannot be called a trader. from my experience I am surely qualified to call myself a "trader."

Additionally says I have experienced the hard way what doesn't work ... and what does. When I discuss learning to be a "12-minute trader," that means the very most number of minutes I spend in the futures market every day, as that's all I need to be successful.

Does this style of trading seem like it is for you? Let's take a deeper look into "futures" ...

What do we mean by Futures Pivots, and In what way Do They Change Trading?

We'll talk about that in a minute. First, we have to be especially aware of the environment where we are trading them.

In order to understand the importance of trading with pivots, you must first identify that the futures market is quite controlled. I might even start by saying that the market is entirely controlled. Were it not a controlled environment for trading, millions of shares and contracts could not trade every day with such efficiency.

You doubt that the market is controlled? Let me prove to you with an example of how it works.

Towards the end of May 2009, Treasury Secretary Tim Geithner conferenced with Chinese government officials. In this meeting, the Chinese provided Geithner a word of caution, with the conversation apparently being a bit like this.

They informed him they have purchased heavily in the U.S. stock market and in U.S. Treasury bonds. The Chinese are prepared to In What way does it help you become a 12-minute Trader? The idea is that the market is controlled. The market "insiders" realize where they are pushing the market, and just how fast they will move it to get there.

There are true trading rules they adhere to, one of which is pivots.

Here's the trick to becoming a 12-minute trader: follow the rules.

Trade when the institutions trade ... go long when they buy ... go short when they sell. Become a shadow in the market. Listen to the markets' rules.

Pivots are support and resistance price levels that market insiders use on a daily basis to control how high or how low the market will appreciate/depreciate on any specific day.

There are really 17 pivots -- nine inter-day (happening across more than 1 day), and eight intraday (happening in only one day).

The futures market insiders watch the futures pivots, and the stock market insiders use the stock market pivots. To be a consistent 12-minute trader, you must have pivots displayed on your chart to alert you where the market might be and where the market might just stop, as if it met concrete.

Do you want to learn more about trading strategies and what you should have for software to be a 12-minute trader? Come to a Monday night Webinar put on by http://www.shadowtraders.com">Shadowtraders and learn how effective Pivots can be in trading futures.