## Understanding more about emini day trading
Emini day trading involves a mini contract that is only traded daily on an electronic platform.
## I’ve heard that the majority of people fail when they attempt trading. Is this true?
Without a doubt, and there are two basic reasons. Day traders who don’t make it are both under-reliant on what the industry calls “systems”, using long-game tactics in a short game world, and they often don’t have the requisite mental strength to handle a day trading environment. Good traders know how to apply both of these.
It’s kind of crazy when you think about the amount of emotions that an average day trader can go through. There’s no way one can be completely immune from all these, but having a system in place that you can lean on and point to makes things more consistent and, ultimately, a lot more successful.
## Do people make cash on falling markets?
Remember that often a market will go down 3 times as fast as it goes up. In emini day trading though, it’s not really important if things are moving up or down. In trading futures, you can go long or short, depending on the specific situation, and thereby take advantage of all market fluctuations whether they be up or down. So whether or not the market is going up or whether it is going down, you can still make money.
## Can I try this before jumping in?
A demo account is place to practice and refine what you have learned without any financial risk. Here you make trades within the parameters of the system you are learning to develop good habits of trading. Importantly you should diligently stick to your style and system to grow your good habits. Then when you are ready to start with real money, you will be able to hit the ground running.
## When will I start seeing profits?
This is a common question, but the answer is even more common and never really changes: everyone will make money (or lose it) at a different rate. There are, however, a few guidelines to follow: the more you spend practicing with a demo account, just as with anything in life, the quicker you’ll start to see success in the real world. If you practice to get the basics down and then immediately try and base your entire trading career on what happens right out of the gate, you’re destined for trouble. Play the long game.
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