I believe their platform allows access as long as the E-minis are trading. Of course check with those folks but I have traded the ES at TOS after hours so it can be done.
Just my opinion, but I subscribed for 1yr to Mikes newsletter, and I would NOT do it again. His trades all make money, but he doesn't teach anything about risk and money management, and the website interface is a real POS. He tries to con you to coming to his in person seminar for 1k to get all the advanced info, like how to shave off the mid. There is MUCH better information contained in this thread, but you do have to "work for it" here. Mike give you the trades on a platter. sd
agree on the comment about the $995 seminar. I think the prinicple purpose of the class is to shave off the mid like you said. Also, when he is wrong and his short strikes are breached, he just rolls (I cant remember if he rolls out or just up or down) double the contracts, double the req't to get back the orig credit. I dont believe he ever hedges. He's made money for 33 out of 36 mos or something like that, but, one month that I saw, he made $125, I dont think he incl commish. Obviously, not a super return for the amt of risk with the Martingale strat, this is on 10 wides from what I saw, a few days after the short was breached. I only trialed it for a month earlier this yr.
coach, since you day trade the es you should know how sporadic it can be after hours. I day trade the es as well and i am not as enthused about its prospects during a black swan news breakout. I've seen the es move 5-10 in the matter of seconds with virtually no bids in between when news hits. Now when you extend that move based on the severity of the news it can easily virtually gap down 50-100 points. Assuming you will be able to get a head start is not realistic unless you get inside info on the black swan before hand in which case the SEC may come after you So now thats out, its likely you will be late to enter and will enter after the initial fall. In that case, the prospect of shorting it exposes you to further risk as you won't know better than anyone else where its gonna head afterwords. Talk about severe whipsaw risk. The way i see it, the best hedge that a FOTM guy can get is the fact or more like the hope that they collect enough premium on those 9.5:1 r/r spreads that when the blak swan does happen they arent taken out but only damaged. Obviously the more time between black swans the better for this strategy but how do you know when one is to happen? Anyway, that's just my view on the black swan hedge which i havent expressed so far.
TOS Futures : TOS E-mini Trading Hours: 6:30AM CST â 5:30PM CST (note: no trading between 3:15pm - 3:30pm AND 4:30pm - 5:00pm CST) From the TOS website
and of course from 5:00 PM CST to 6:30 AM CST I assume . Hope that is not entirely true cause it would mean ToS is cutting availability of ES..
You will get ur chance, the market can only use this same old "rate hike end" as an excuse to rally so many times and its probably just about almost there now. If i didnt have may bear call spreads i'd probably be opening them today.