In this episode of How To Trade It, Marina Villatoro—The Trader Chick—shares about her journey into Emini Futures Trading. She decided to start trading on her 40th birthday and invested in an academy—with courses that were of little help.Every time she asked beginner questions, she was treated like she was supposed to be born with that innate knowledge.
Throughout the last 8 years, Marina has spent over $20,000 on education with private mentors, academies, conferences, one-on-one weeks—you name it. Now, she spends her time simplifying the trading process to make it more accessible to everyone by using easy to understand analogies. To hear about her journey, the extensive back-testing she’s done to reach an 80%+ win rate, and how she trades, listen to this engaging episode of How To Trade It.@MarinaVillatoro shares her #Emini Futures Trading Strategy in this episode of How To Trade It. Don’t miss it! #stocks #trading #StockMarket #Investing #DayTrading #StockPicks #Futures #Scalping Click To Tweet
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- [0:49] All about Marina—the Trader Chick
- [1:44] Marina’s trading journey is full of ups and downs
- [8:17] How Marina pulls off her 80% win rate
- [13:22] The importance of back-testing
- [15:17] How and when Marina executes a trade
- [17:44] The EMAs Marina uses while trading
- [18:01] A simple explanation of point targets and ticks
- [20:29] Marina is passionate about simplifying the process
- [22:25] The time frame chart the Marina uses
- [24:52] How to connect with Marina [The Trader Chick]
Where most training academies fail
When Marina first started working with a trainer and taking courses, she quickly realized that the majority of trainers push shooting for huge targets. But nobody talks about the huge losses that can come with those huge targets—you’re taking a pretty big risk. And if you're not even understanding what the market is telling you, setting that target leaves a pit in your stomach.
After two years of really struggling, Marina ended up losing $4,000 in a single day. She had a complete and total breakdown. Normally, when you have a breakdown, you can walk away and quit or you have a breakthrough. Marina could not let herself quit. So she came back to her charts and stripped them and started over. She started to learn what the market was saying to her and realized that the market could be simplified.
Marina speaks Russian and English fluently (and has from a young age). When she started to learn Spanish in her twenties, she realized it was a different process than growing up in the language. To have a conversation, you have to take what’s being taught and translate it in your head so you can understand it. Then you have to figure out what you want to say in English and translate it into Spanish. It’s a massive undertaking.
Then, one day, you wake up and you just speak it. It doesn't happen overnight—but eventually, things just click. Marina points out that it’s the same way with the market. One day it will just click, but it takes time and patience.
Making money with small targets by back-testing
There’s a perception in the market that it’s quite difficult to make money when you’re trying to hit small targets, mainly because that means that you have to have a high win percentage. Marina points out that it all comes down to probabilities. To figure out what trades give her the highest win percentage, Marina did extensive back-testing.
Marina has tested numerous types of trades and has it narrowed down to 10 trades that she loves—with an 80% or higher win rate. 30 years ago, when doctors operated to remove someone’s gallbladder, it would leave a large nasty scar. When a doctor came up with the idea for a non-invasive laparoscopy, do you think they immediately implemented the idea? No!
They likely tested the procedure on cadavers, practiced the skills, and honed in on the perfect way to do the operation. It probably took years. Back-testing for trading is the same. Marina has been doing it for years and has found it’s a great way to reduce the typical stress associated with trading.
If you track your trades for 45–60 days, you can calculate which trades won over 75% of the time and only go for those trades in the future. Marina back-tested for close to six months when she was trying to come back from her huge loss. Marina notes that the easiest way to conduct a back-test is by using the NinjaTrader platform. Listen to hear what the process looks like!You can learn how to make money with small targets by back-testing. What does that look like? Find out from @MarinaVillatoro in this episode of How To Trade It! #stocks #trading #StockMarket #Investing #DayTrading #StockPicks #Emini #Scalping… Click To Tweet
Marina’s Emini futures trading strategy
Marina points out that in the Emini futures market, everything you do is measured in points. Each point is $50 and each point consists of 4 ticks at $12.50 apiece. So you can never have a trade less than $12.50. Typically, when Marina sets a trade, she sets a $50 target and a $50 stop-loss.
Marina then looks for a certain space between two of the three EMA lines she tracks—she tracks the 20, 35, and 50—and watches for her MACD to drop below the zero line (if she’s going for a short). If it retraces to her main EMA line without touching the other one, that’s when she enters the trade with a one-point target and a max one-point risk. She calls the space between those two lines the magic zone.
Why Marina uses a 610 tick chart
Marina uses a 610 tick chart (which is NOT a timeframe chart). She prefers it because you can look at anything that you're using—It could be a candlestick, it could be a high-low bar, oscillated bars, etc.—and whatever bars you're looking at, each bar has 610 transactions happening in the exact moment.
If the ticks count down quickly, it means there’s a lot of volatility. If you’re able to count each tick and it’s moving slowly—you don’t want to be in that market because there's a very high tendency for slow markets to be very indecisive.
She emphasizes that being a math whiz or having a finance background isn’t a prerequisite to be a day trader. Marina’s goal as The Trader Chick is to simplify trading and make it accessible for everyone. She uses one chart and one indicator for everything she does. She uses analogies to explain everything so that each step can be easily understood. To hear the rest of Maria’s journey and her Emini futures trading strategies, listen to the whole episode of How To Trade It.@MarinaVillatoro shares why she uses a 610 tick chart when trading. She also talks strategy in this episode of How To Trade It. Don’t miss it! #stocks #trading #StockMarket #Investing #DayTrading #StockPicks #Emini #Scalping #Futures Click To Tweet
Resources & People Mentioned
Connect with Marina Villatoro
- FREE Cheat Sheet
- The Trader Chick Website
- Connect on LinkedIn
- Follow on Instagram
- Watch on YouTube
- Follow on Twitter
- Friend on Facebook
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