Humberto Malaspina

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Working in the oil exploration industry for many years made me see many ups and downs in this business. Oil prices are a russian roulette, each time they fall to the red zone of production cost, companies fire employees left and right, leav... read more
Working in the oil exploration industry for many years made me see many ups and downs in this business. Oil prices are a russian roulette, each time they fall to the red zone of production cost, companies fire employees left and right, leaving a lot of people suffering. As a witness of this situation, I always looked for additional sources of income, and I found one trading the Emini S&P; 500. But I never had a mentor, I learned how to trade own my own, the hard way, and this was my mistake, it cost me a lot of time. The learning curve was very painful, I lost money, then recovered some and then I lost some more. I took me many years to be consistent and it was not easy. Nowadays, after a lot of work and dedication I managed to understand price action (the language of the markets) and money management, both important skills to have for anyone interested in trading any financial instrument. In my case, I only trade the Emini S&P; 500, nothing else, all my focus is on this particular futures. This has given me the opportunity to specialize all my trading method in recognizing this equity price action and patterns that once understood properly provide a trader of very low risk entry opportunities. During all these years I also discovered the holy grail of trading the markets, and this is a good money management plan, without it, any trader is doomed. Having a good trading plan (profitable trading methodology + a well defined money management plan) any person can have a good chance to make money trading the financial markets. My passion is trading the Emini S&P; 500. Mastering the art of trading takes a lot of effort, it is not a get quick rich scheme, I had to invest time to put it to work in my favor, but it is not impossible. Anybody with the right attitude and willing to do what it takes to make it work can do it.

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