i don't see why the 'electronic' markets can't be overloss protected in the same way fx is stops are NO guarantee to get you out of the market without severe loss, a stop is merely an order to execute at the market and depending on your margin amount may not prevent an overloss after the 9/11 re-opening while the dow never rallied back to the previous close the es did
with overnight initial margin of $6000, this is 120 ES points.. I doubt people will lose $250.000 with a $25000 account. Also the markets rallied after gap down of 9/11. limit down is usually bullish and limit up is bearish because of all those countertrend traders
trading is pretty easy, and if you are on the wrong side of a catastrophic event....well you deserve to get blown out i was short 15 ES contracts before 9/11 the market tells you where it's going just listen to it and you won't be afraid of losing big with the right tools, you can't lose why make it so hard? simple
Quote from PPT: trading is pretty easy, and if you are on the wrong side of a catastrophic event....well you deserve to get blown out i was short 15 ES contracts before 9/11 the market tells you where it's going just listen to it and you won't be afraid of losing big with the right tools, you can't lose why make it so hard? simple Quote from Index piker: Just too damn funny for words. :eek: +1 It is amazing how easy it can be to tell who has absolutely no idea what they are talking about or what they are doing. PPT is a poster child for "I read a book and now I am a paper trader." Will take him/her several more years to save up $400 or so for a micro forex account...
TZ Why does it bother you so much what other people post. This is only ET, it is not as though it is a collection of serious traders.