Choosing a Broker
Choosing a Broker is very much an individual preference. One person may really like one broker, and another person not. There are many great brokers out there. Our hands down favorite for those who trade futures is Mirus Futures. Mirus, through their relationship with Ninja Trader and Zen-Fire (regarded by professionals as one of the best order entry platforms and order routing engines in the industry) gives you free charting and streaming quotes along with your order platform. What oftentimes can cost a person anywhere from $50 a month to $150 a month or more, is free through Mirus. Once you have a funded account, you can paper trade in a demo account as long as you want before trading with real money. For those that are interested, Mirus can also help you set up an account utilizing a self-directed IRA. As an added benefit for being a Dow Indicator subscriber, don't forget to mention you found Mirus through Dow Indicator to receive a discounted round-turn commission rate.
As part of your subscription agreement you are not allowed to give out your username/password to anyone including your broker or financial advisor. Your broker or financial advisor without authorization could potentially use your membership to trade for other peoples accounts. That is one reason why we have made arrangements with Mirus Futures to help our futures clients with their Trade Assist program. They will verify with us that you are a paid subscriber before trading your account for you on your behalf.
Mirus Futures' Trade Assist e-mini S&P Program
Mirus Futures has been tracking our trades and results since Sept. '07. In February, they added us to their Trade Assist program. A chart is available on Mirus's website showing actual results of their Trade Assist program following our trade signals. It can be viewed 'Here'. This chart is updated about twice a month.
Introducing Mirus Futures' Trade Assist Program - Mirus will trade a subscribers account following the Dow Indicator Strategy. Whether you are working, sleeping or on vacation, know that your account is being traded exactly according to the strategy, without emotional trading mistakes and with no time commitment on your part. Click 'Here' for more information. E-mini Dow futures (for subscribers who subscribed before June 4th, 2008) and e-mini S&P Futures can be traded for you for a very small increase over the already discounted round-turn commission rate per contract.
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Access to streaming Cash Dow quotes can be helpful. The very nature of swing trading doesn't necessitate getting in and out of positions quickly, but because the Dow Indicator trading recommendations sometime rely on levels of the Cash Dow for getting in or out of a position, some people prefer to have the cash Dow quotes streaming rather than delayed by 10 minutes or more. CNBC shows streaming Cash Dow quotes for most of the day, and another source is Scottrade. Scottrade with any funded account gives you free streaming quotes for most stocks and many indices including the Dow. If you trade stocks or ETF's for example, you may want to consider switching your account to Scottrade to take advantage of their free streaming quotes. There are other places on the internet that a streaming cash Dow ticker can be downloaded for a very low monthly cost. Just make sure that the quotes are Actual_Method_Calculation and not Theoretical Calculation.
Mirus Futures - Ask for Perry Sellis. Perry or another broker rep at Mirus will guide you to the account set up forms and answer all of your broker questions. Mirus Futures can be reached by calling 800-496-1683
Ninja/Zen-Fire