This page will inform you on the verbiage we use, how we post our trades and what we trade. If your questions aren’t answered here or you need help with navigating this site or your account, they will probably be answered on our Site FAQ.
The best way for a trader to use InsideTheMarket.com is to check the Premium page at least twice daily (and/or check out our emails when we send them out) and follow the trades that we post. That is where we post & manage all of our trades from. The information on that page is what is emailed out to our Premium and Free Trial members as well.
When the the US markets are open… the premium page is updated daily Monday through Thursday. These daily posts are done between 6pm EST and 6:30pm EST. On Fridays, there is just a midday post, which is done between 12pm and 1pm EST. Emails are also out by those times as well. From time to time, depending on the market action… we may also put out an intraday email alert as well.
Our trades are what is called “swing trades” and these trades typically last from 3 days to 5 weeks. Our futures trades tend to be shorter than our forex trades and have a trade length usually from 3 to 5 days where our Forex trades are generally from 2 to 5 weeks.
We cover numerous active markets:
- Index Futures: S&P 500 E-Mini Index Futures, DOW 30 E-Mini and the NASDAQ E-Mini Futures.
- Financial: US Dollar Index, 30 Year T-Bond Futures, 10 Year T-Notes Futures, Euro Futures, Yen Futures.
- Forex: We cover the top 24 FX pairs.
- Commodities: Gold, Silver, Copper, Crude Oil, Natural Gas, Heating Oil, Soybeans, Wheat, Corn.
You can also use Stocks, Stock Options and Options on Futures to trade the calls from the markets above. For example, if we call out a Crude Oil futures play, you can do the same play using an Oil Index stock. If we call out a S&P 500 Futures play, the play will also work using the SPY (or similar S&P 500 index asset).
You get a better bang for the buck and true after-hours market action using futures, but stocks and stock options can be used in lieu of the futures contract. Feel free to use Futures on options for our futures plays if that’s what you prefer. I would choose an in the money option if you’re going to go the options route… certainly no further out than 1 strike out of the money. Some of our members like to do credit or debit spreads from our plays.
Also, many of the futures markets have e-mini and “micro” versions, which have less margin and have a lower tick value and may be an attractive alternative for people who have a lower risk tolerance and/or working with a smaller account size.
Please note, for standardization and consistency purposes… all times on this site and in our emails are using the Eastern (New York) time zone.
Just Signed Up
The first thing to do is to read this entire page so you are fully informed.
The head over to our FAQ page so you know how your account and our platform work.
Once your Free Trial is up… you will need to upgrade your account to the full Premium version.
You can upgrade your account to a premium account by logging into your account and then go to the dashboard on the “My Account” page, clicking on the “My Subscription” link and scrolling down to the “Related Orders” section and clicking the Pay button which will take you to the checkout page and where you will check out as you normally would. Make sure that you’re billing address is correct (matches your credit card’s billing address) before checking out.
And to use our service daily… it’s really simple. Just read the emails that we send out every day or go to the Premium page at 6:30pm and see the easy to follow trades that we put out and pay attention to our market insight/commentary/notes.
How to Play
Our trade calls are usually put out either using a break of a specific price, which means you can put the stop order in with your trading platform/broker and let the market take you into the trade or we use a limit order and when the market pulls back to our limit price, we enter the market. Either way, you don’t have to monitor the market tick for tick nor be glued to your trade screen all day.
A typical call may be something like, “Buy SEPTEMBER S&P 500 futures on a 2950 break” which you then put in an order with your broker to buy the September contract of the S&P 500 Futures (ie. go long) when it breaks 2950 by at least 1 tick. So, for example… trades up and through 2950. Which means you would put in a Buy Stop Order at 2950.25 on your trading platform.
Or we may say Buy DEC Gold at 1440 or better, so when the market pulls back to 1440 or lower… enter the trade Which means you would put in a Buy Limit Order for December Gold at 1440.
Obviously for Short trades you do flip the price direction… ie. breaks (ie. stop orders) trade down through the entry price and limit orders trade up and possibly through (even better) your entry price.
Once you put the order in with your broker, you don’t have to micromanage the trade as we also give you stop loss and target prices as well at the time we make the trade call. With many brokers, you can put it all in at once (Entry, Stop Loss and Target) and just let it trade out without monitoring it all day and night.
We would recommend putting in a REAL stop loss order and profit target order in and not just have a “mental” one that you’re thinking about when the time comes that you need it. We would recommend using our stops and exit prices for the trades. It may be very helpful to you to utilize an OCO (one cancels other) order, which means you can put in for example, your stop loss and your profit target on an OCO and when one of those 2 hits… it will cancel the other. Doing it this way makes it so you don’t have to sit in front of the monitor all day… watching it tick for tick.
For our swing trades… our “Initial Target” – that is the first target we are looking to get out at. We generally like getting out in 3 phases when we trade. Some of you can’t trade that big yet, if not – just get out on the first target.
If you can trade more than 1 futures or FX contract per trade – we will exit 60% of our original position at the initial target. So for example, if we had 10 contracts on a trade, we would exit 6 contracts at the initial target. We then will get out of 20% of the original position at a 2nd target that we deem is a good exit spot. Then, for the final 20% of our original position that is still in “play”… we will let those “run” to hopefully more profits where we will use a trailing stop loss… ie. we will let the play trade out until it gets stopped out or we get some compelling evidence on the chart that we need to exit now.
You don’t have to trade with “runners” (although it can sometimes hit for a “homerun”) and you can do quite well getting all out at the initial target but you can get out in stages if you want and have the means to do it.
With the volume of trading that we do all ourselves and the amount of items we are posting – there isn’t enough time to micro manage everything on the Premium page so we will just “manage” a trade on this site to the first/initial target.
What if on a swing trade, the market gaps past the entry or I missed the initial call… do I still take the trade?
If the market gaps past the entry, wait for it to go back to/around the entry and if it’s within a 1 to 3 day period… you should be able to still take the trade… otherwise pass on the trade. There is no “set” time per se… it’s more of a gut feeling… using common sense when in doubt. The big thing not to do is to “chase” the market and give up a bunch of ticks while doing it.
If you see the market move sharply back to our entry and it looks like it’s going to keep going against the trend that the trade needs to have to be successful, pass on the trade. And if really in doubt… and worried… pass on the trade… there will always be another trade. Trading “scared” is doomed to failure.
Also, if a major news event comes out that looks to be harmful to the trade… pass on the trade as well. We stay on top of such things like news and known economic reports but sometimes things hit the “wire” quickly and/or unexpectedly.
Remember, it’s your trading account so you need to be vigilant as well. We try to post as much as we can on the premium page (and email out to you) but you need to stay on top of things yourself too.