PRLog - Nov. 12, 2012 - LA JOLLA, Calif. -- E Mini S&P 500 Futures trader known as "Mohan", has been trading futures and contracts for over 30 years and has developed a E Mini S&P 500 trading system that is becoming popular with professional traders, beginning traders and hedge fund managers around the world.
Trading the Mini S and P Index
Mohan's Boomerang Day Trader gives traders extreme precision accuracy in all active day trading markets including: the Emini S&P500, mini Russell 2000, Euro FX (6E), Gold, Crude Oil, British pound, German DAX, and other higher volume intraday contracts.
The E-Mini S&P, often abbreviated to "E-mini" (despite the existence of many other E-mini contracts) and designated by the commodity ticker symbol ES, is a stock market index futures contract traded on the Chicago Mercantile Exchange's Globex electronic trading platform. The notional value of one contract is 50 times the value of the S&P 500 stock index.
The "E-Mini" was introduced by the Chicago Mercantile Exchange (CME) on September 9th, 1997, after the value of the existing S&P contract (then valued at $500 times the index, or over $500,000 at the time) became too large for many small traders. The E-Mini quickly became the most popular equity index futures contract in the world. The original ("big") S&P contract was subsequently split 2:1, bringing it to $250 times the index. Hedge funds often prefer trading the E-Mini over the big S&P since the latter still uses the open outcry pit trading method, with its inherent delays, versus the all-electronic Globex system. The current average daily implied volume for the E-mini is over $140 billion, far exceeding the combined traded dollar volume of the underlying 500 stocks.
For Mohan the growth of E-Mini S&P contracts has sent more traders and hedge fund managers and advisors to purchase his "Boomerang Trading System", which provides the most accurate trade channel setups and entries along with non lagging, highly efficient market bias indicators.
Boomerang Day Trader comes with free on going weekly video tutorials, regular webinar instruction, continuous courses in trading and full email support from Mohan
for helping people trade the E-Mini S&P 500 futures contracts.
For help with trading the Emini S&P500, mini Russell 2000, Euro FX (6E), Gold, Crude Oil, British pound, German DAX, and other higher volume intraday contracts visit "Mohan's Day Trading Action" website at the link below.