You are right. There was much talk about Spanish banks (and Spain itself) going to collapse in the previous weeks, but that is not fundamental...
Yes both gapped up. I am analyzing a put backspread as well as that added to buying a higher call. If the risk and max loss improves then I might...
Thanks iceman. Yes I am approved for all trades in options except futures options. The trades were put on fundamentals criteria (Spanish bank...
Thanks replies so far. I could close the BBVA position but I'd already lose its maximum so might as well wait and see. TBT also almost at...
Hi Just wondering if any of the more experienced people here might lend a hand and recommend some additional trades I might make so as to...
This makes complete sense. The hard part is the patience and discipline to be watching the market so as to catch the trend, the get it and then...
From what I read in this thread there seem to be many Alessio Rastani clones who are dreaming of the next market crash.
My recommendation is to avoid them like the plague. Treat customers like crap. Inefficient, unfriendly, don't reply to emails. Basically they...
The series Wall Street Warriors was really worth it. http://en.wikipedia.org/wiki/Wall_Street_Warriors
I hope some benefited from my tip ! :D
Thanks for this one. One thing, you are recommending 5K - 10K hours experience of market screen time. If I take 5K hours, divide it by 6 hours...
Any opinions of what may happen if ES looses 1291.25 soon? Not trading this one for real but looks like many of you are getting lots of free...
Yesterday I detected this 114 range bar in ONE MINUTE !!!, in the /YM: See 08:30 EST on Friday 8th July 2011.
For what it's worth, in case anyone following this thread might be interested, I have analyzed the Mini Dow Jones Industrial Future (YM symbol)...
Thanks everyone, I think it's all clear now. And yes, a 100% drop would mean I'd probably be "busy" with other more urgent things... :-)
Thanks, this is something I still have to look into (hedging with options). As said in a previous post, I will picture a max. 50% loss and if I...
Thanks, I guess I will have to picture mentally that, in the worst case scenario I could lose say 50% of the notional value of the contract,...
Thanks, I'm not entirely new. Been trading stocks, mostly day/swing for several months in real money, much longer in paper money. With futures...
Thanks for the reply. Yes, but I would still be LEGALLY liable for any losses my broker incurrs in, even if I don't fund it further right?
If one trades one contract, what is the absolute maximum loss a single trader could have? I suppose it's not limited to the $6500 initial...
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