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Does Gina trade S&P500 or Emini S&P500?

Emini (ES). She can also be used to trade other symbols such as the DIA, SPY, QQQQ, NQ and YM etc however the Emini S&P futures contracts or SPY are recommended.

How does Gina generate a trade signal?

Technical analysis. Mainly identifying market patterns and trading off of them.

Are the weekly results consistently profitable?

Yes, most weeks are profitable. So are months.

Will Gina say if a trade is a day trade or a swing trade?

No. There is no way of knowing that in advance. But the closer the trade is to the end of the trading session the more likely that it will be carried over to the next day.

Do we place market orders or limit orders?

Market orders. Limit orders can be missed and then, they can turn into a big winner. Don’t miss trades!

How are the signals delivered?

First, through the GForce Platform via Gina. She literally tells you the signals. Second, through SMS instant text messages on your cell phone (in case you are away). Third, via Email alerts (like SMS only it comes to your inbox). Fourth we have a GinaMessenger application for your PC that notifies you of trades.

What is the criterion to take profit?

The next trade. If you take profit before hearing Gina’s next trade, you are not following Gina. She is only flat if her position is stopped out.

What stops does Gina use?

In this market, 10 to 15 points; The higher the volatility, the higher your stop, but also your average trade and so on. You can use smaller or larger stops if you wish. Money Management is up to you, we give you what appear to be the best parameters to trade with.

Do you trade in the after hours session?

Those are canceled at the end of the day, or carried through by your discretion. Gina only places day orders.

Do you have an autotrade program for Gforce?

Yes. Here is more info http://gforcetraders.com/autotrading.html

What broker can I use to do the Emini S&P trades?

Any broker who trades futures will do, like TradeStation or IB, etc.

How do I cancel If I decide not to continue after trial?

You can manage your account from the members area or just email us.

Do I need any special software to use your platform?

No. The platform is 100% web based (flash).

What other symbols can be used to trade with Gina?

Excellent question! The very best to trade in our opinion, for a non-taxable account is the Emini S&Ps. We cannot give tax advice, but, quite simply, the taxes are lower on futures contract short term trading when compared to stocks or ETFs. Check with your accountant for more information.

Another feature of the futures contracts is that your positions can typically be reversed with the click of a button. Stocks may require you to first exit your position, then get filled before you can trade the opposing direction. Sometimes Gina can trade very quickly and clicking a lot of buttons if you don’t need to can be frustrating.

If you are non-taxable, the tax related issues go away. There may be a variety of reasons you want to trade in a stock account. That is up to you, if that is the case, I would recommend the following symbols: SPY, SSO (long) and SDS (short).

SPY is very much an S&P Emini equivalent. If your broker is good, you should get equivalent fills. Because there are numerous markets in the SPY at any given time, you may get some really out-of-line fills if your broker is not routing your orders intelligently. Stock instrument pricing can be sloppy because of the multiple clearing issue and this can work for you, or against you depending on the moment of execution etc.

The SSO and SDO have become quite popular. These instruments are 2 beta (they are leveraged 2:1). This means you get double bang for your buck without using margin. Since one is long and the other is short, if reversing, you exit one and enter the other.

We do not recommend options for this program because bid ask spreads (cost of doing business) does not favor it.

One other issue about these instruments that is highly important is the fact you can trade a smaller account with the stock instruments more successfully in time. This is a money management issue. If your account is small and you were trading SPY instead of Emini S&P contracts, your risk and return would be roughly one 5th of the Emini contracts. This means you could sustain higher draw-downs in a stock account.

This has a variety of implications for your success and relates to the psychology of trading, because smaller dollar losses are always more tolerable that what, in your mind, are big ones; always watch your leverage- if in doubt, go with the lower leveraged choice until you are comfortable. Many people do not understand that an Emini contract (as of this writing) is $43,500 worth of stock and on a $5,000 account, a one point move is 1% of your account. Typical daily ranges in the market at this time are many times this.

Commissions can be a factor. A typical one lot Emini player might pay $2.40 per side (all inclusive). As a result, futures commissions per dollar traded can be less than on the stock side. So this weighs into the decision as well.

Futures accounts require a margin deposit, depending on your broker this amount may be different but initial margin at this writing can be around $6,200 with a maintenance margin of about $5000. If you are day trading, they may let you initialize a trade for less deposit of $3,200, but if you are to carry overnight, $6,200 will be required on the first day of a new position. Weigh this factor into your decision about what to trade.

On last thing to say about the SPY is the pricing at this time, is roughly 1/10th the S&P Emini and the pricing is the same long and short. So you can translate the numbers on Gina’s platform into SPY easier than the other ETFs. SSO and SDS are not priced similarly to the Emini S&P and they are not priced similar to each other, so you will be choosing different number of shares at any given time.

This brings up the issue of odd-lots. Typically, shares are traded in increments of 100 share units. If the SPY is trading at $90 per share, and your account is $9,000, then you have a perfect match (100*90). If your account is $13,500, then you may be inclined to trade in odd-lots- in this day and age, this is not typically a problem, but you may get split fills etc.

Futures have a similar problem, since, as mentioned above, the current contract value of around $43,500 is only divisible by larger numbers (>$43,500). You can trade more contracts, but you need to be very aware of how this impacts your risk exposure and margin. You can lose your house trading futures if you are imprudent, This is not generally possible in a stock account. This is why futures have gotten a bad name over the years, because people do stupid things and then people blame it on futures contracts. This would be like blaming shootings on guns and not the people who do them. The bottom line is, you might need to be a bit savvier to trade futures.

What is the best way to get started with Gina?

The very best strategy is the OPM (other people's money) strategy in our opinion. To do this, you get your account up first. Depending on when you start, this may be immediate, or it may take some time. It will require commitment on your part to follow through. We see so many people quit after not instantly making money. Ask the guys in the chat room if you need reassurance. They have seen what Gina can do trending, counter trending etc.

Do not get fancy with contracts. Keep it simple. Once you get up, the whole attitude changes, but you have to get there fro the transformation. Remember, past performance is no guarantee of Gina's future performance, but we have watched her pull out time and time again so it is well worth it if you commit. We estimate that only a small percentage of subscribers get Gina's full benefit due to these factors. Discipline is essential. Winning is your choice.

I only want to trade with 2 point stops, is this possible?

We have never seen a "day trader" in the sense you mention be successful in time. And if we did find one, we can assure you his account would be quite large to start. A one minute bar averages about two S&P points. Statistically, to trade successfully with a stop this size you would have to do miracles. To make it worse, you would have to be able to psychologically sustain large stings of losers that may sum to much greater than 15 points.

This would mean you would have a very low winning percentage (psychologically difficult to do). A 15 point stop that is not hit, is not a 15 point stop, but 8, 2 point stops is. It is all about what you are actually able to do psychologically, consistently etc. If it was possible to design such a system that could be traded by more than a few traders, we would have done it, but believe it is a false dream put forth by the 98% that are losers. Remember, something on the order of 98% of the participants are losers, this means a vast amount of the available information out there about trading is false. With stops, more is often less.

How can I trade Gina on a small account?

Click play -

Can I see some training videos before I sign up?

Sure, these videos open in a new browser and are hosted on Viddler.com
- Welcome

- Site Tour

- Platform

- Manual

- Terms

- Distribution

- Gina Risk (SPY)

- Gina's Monte Carlo

Can I use Gina as a confirmation of my current method?

Using one method to confirm another causes a whole array of interesting problems / questions that are statistical in nature. Are the systems correlated? Do they trade in the same time domain? Can the two together be made better than one? These are all valid questions however, in most cases, two independent systems cannot improve the other, in fact, in most cases one will reduce performance of the other. Why, quite simply because they will operate at different times. This means they could both take trades that would be winners, both losers, one winning and one losing and one losing and one winning at any one time (assuming they both traded all the time. This means, in very basic terms, combining them, will result in a benefit only about half the time. In other words, combining reduces performance more often than not. As a result, it is most often the case that such systems, if viable, should be traded as separate systems in separate accounts.

What is positive slippage?

Positive slippage is when you get filled at a better price than the price being reported by the system.  Yes, many of Gina's trades actually under report the return she is getting.  This also equates, in some cases, to smaller stops than reported as well.  In all our years of doing this, we have never seen a service that actually gets better fills than reported.  Positive slippage is awesome when it happens, but please try only to expect your fills to average out to Gina’s over all gains in time (minus a bit of slippage and commission etc.)

How to Use Financial Spread Betting in the UK?

Unlike the E-MINI contract of $50 Financial Spread Betting (FSB) typically used in the UK allows a contract/bet size as little as £10 per point. As a rule of thumb I bet £10 per point per £2,000 in my account. So, when my account reaches £4,000 I would then bet £20 per point and stay with this (through any draw down) . The above does not account for changes in % of account per bet as your account grows so, to find out what 5% is per bet: Account size 5% divided by stop £ per point bet size £2,000 £110 15 points £7.33 (round up or down to your comfort zone) £4,000 £200 15 points £13.33 (round up or down to your comfort zone) £6,000 £350 15 points £20 (round up or down to your comfort zone). This should help give you an idea of what you should be working within depending on how aggressive you wish to be in your trading. It is only a guide and can be altered to suite your style of trading.

Do you autotrade through Tradestation or Interactive brokers ?

No unfortunately we o not provide autotrading through these brokers at this time.