Today I decided to quit trading the e-mini S&P 500. After about 200 trades and about $4,000 in losses, I have discovered that day trading the emini is futile. In my opinion, the only possible way to successfully trade the e-mini, is to take positions lasting several days, which requires more capital than I have. I have traded with 2 point stops, 3 point stops and 4 point stops. I have tried MACD, stochastic, DMI, moving averages and breakouts. The results have been the same. After 200 trades, my average loss is about $20, which can be attributed to the spread and commissions. My conclusion is that intraday prices are primarily random and thus impossible to trade. I will switch back to position trading the DIA, SPY and QQQ, where I have had success in the past and believe are much more predictable over the course of days, not hours or minutes.