We have designed our cutting edge E-mini S&P500 trading system to make the fast paced, high stakes world of intraday stock index trading as simple, clear and above all as accurate as possible.

After over a decade of development using floor trading methods, we have designed a system that trades the current market in a highly efficient way and also adjusts to future changes in the markets.

Our methodology is based on where the underlying bias directional force will carry the markets in the next 5 minutes to several hours.

Our goal is to “Scalp” 2-3 points and in many cases looking for a 5-8 point run on the primary trend bias for the session. We often stop trading after catching such a run and simply look to repeat the action the next day.

On days where the market is “choppier” making smaller, more erratic movements, we look to capture the clearest and easiest moves that come across our screen.

During the day’s session we use highly precise “price levels” that update constantly from moment to moment. As these price levels reach peaks or exhaustion points we will in most cases be looking for reversals or “fades” as they are known to floor traders. We call these types of moves “Ricochets” hence the name of our trading service. Usually our analysis will allow us to see when the market is ready to make a larger scale, intraday trend type move which we would look to enter and hold for most of the session. In such cases the “mental stops” that we use and report to you are “groomed” up or down as the market progresses in the trend direction.

Stops, as mentioned in the introduction, are usually under 2.75 points averaging 1.50 or less when we finally do exit. However we occasionally will look to expand the stop parameter to hold a trade bias direction we feel confident will work in our favor.  We very frequently will exit a trade on one side of the market only to enter that same side shortly thereafter. This is a money management trading procedure we use that is usually very effective in cutting losses. Be sure to refer to and thoroughly read the required disclaimers about futures trading shown on our home page of this site.

 

Please note:  Ricochet Trading is a trading signals vendor and NOT a registered futures trading firm and we do not directly manage or trade your account.  Please contact your broker or call JR Stegmueller at Spike Trading, Inc. at (866) 761-7197 for more information on how to setup a futures trading account to trade the Ricochet Trading Strategy.

Government Required Disclaimer - Commodity Futures Trading Commission

Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed on this Ricochet Trading Web Site are for illustrative purposes only and not to be construed as specific advisory recommendations.