so can you post an entry in realtime? ticker, price?
this thread is from 2002. hopefully some of those guys made it big in the bubbles and busts since
igmarkets has derivatives of ES (just called 'sp500') where you can risk dollars, if not pennies
Why a future? can't hedge in spot?
What happened to this forum, everyone cashed out after 07-08?
IIRC, equity traders on here say getting a fill on the opening print is not always a certainty, or at least maybe not in size. Check time&sales.
Macro, Alex, and Runningbear what headlines/data are you guys looking for to mark the start of a correction? And what would be your trade?...
Does dollar weakness go into consideration?
He probably means bracketing around data releases with stop limits to enter long/short the underlying, not the options straddle we're thinking....
Dollar strength today off of Chicago PMI? Is this a one off? Good entries in ES, AUD, /DX itself are available if so.... Opinions??
Testing something similar to it right now, IMO better to own wings to hedge downside (short stradd + otm put) and concentrate more on hedging...
Find your spots to hedge with underlying (i.e. trade), otherwise you're a sitting duck for the big one.
We got to 114.84 on FOMC, near the 115 area I thought was possible, and now we retreated some. Don't think 115 is breached until/unless a good...
Since the system works in currencies, just start a $100 account on a micro FX site like FXCM, Oanda, etc., if you can win consistently with $100,...
Bullish day so far, adjustment: +7 114 Calls @ 1.98. If we hit 115 tomorrow on positive housing or FOMC reaction, will be more comfortable...
Home Sales in U.S. Probably Rose in Sign Real Estate Market Is Stabilizing Home sales probably increased in August, a sign the U.S. real...
I imagine OP is in the USA, otherwise spreadbetting in ES would be the way to go. Or, micro FX, if the system works on currencies.
FOMC and Housing #'s this week, among others. I think 1150/115 SPY is possible before next NFP on any positive econ numbers. Beyond that, I don't...
If it's a small amount sure (i.e. $200 in micro FX), but if it's trading equities/futs on credit cards, you got another thing coming.
Oct spread sits in a decent spot for now. ES daily close wasn't pretty, long wick after hitting 1132 overnight. FOMC, econ #'s and have to...
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