New to trading futures, how to hold positions longer without too much downside

Discussion in 'Index Futures' started by nooby_mcnoob, Jan 23, 2020.

  1. I really hate simple stops in general anyway.
     
    #11     Jan 23, 2020
    murray t turtle likes this.
  2. %%
    I use some simple moving aVerages;
    but partial profits really help, as long as i dont have too many commissions /slippage.They dont raise margins on UPRO + such, but if they did, i would swing position trade smaller, but NOT get in a hurry about it..........................................................................................Time tend to be a friend, collecting dividends or selling insurance.I seldom see anything close to random in a bullmarket/this market; bear trends are not as orderely usually LOL.
     
    #12     Jan 23, 2020
    nooby_mcnoob likes this.
  3. Handle123

    Handle123

    Will Pm you
     
    #13     Jan 23, 2020
    nooby_mcnoob likes this.
  4. traderjo

    traderjo

    I had same question to OP. what happens if First step the price goes down ( assuming your starting point is LONG)

    This prompts me to ask you (Cannon trading) a Cross Margin and execution question
    1) Covered call" In equity space the OCC and Broker recognizes Covered call writing and treats the soled CALL as Covered
    With Futures + Futures option do you or any broker treat it the same way as Equity CC?
    2) Married PUT or Married CALL:
    Same question as above since there is a Protective ATM PUT ( or CALL) covering underlying LONG futures position, THERE SHOULD NOT BE A MARGIN CALL AT ALL until expiry of the option
    BOTH in case of Day trading or overnight
    BUT many futures brokers ( sales staff) really don't answer the question they either don't understand it or don;t want to know or a throw a stock standard answer about SPAN margin
    But What I am really asking is if Equity + Equity Options can handle this then why can;t Futures FCm hand le it

    Execution:
    Can such order be executed as Guaranteed Combo orders? with appropriate margin offset?
    Appreciate if you can clear it for all
     
    #14     Jan 26, 2020
    CannonTrading_Ilan likes this.
  5. easymon1

    easymon1

    i like it.
    will it work this time? http://www.ask8ball.net/
    after ten cycles? my token is on yes, 1, more time 2 more money 3 less uncertanty.
    hell yeah brother 99.jpg
     
    Last edited: Jan 27, 2020
    #15     Jan 27, 2020
    nooby_mcnoob likes this.
  6. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    There are quite a bit margin breaks as well as ability to execute these as spreads.
    The breaks are normally for overnight trading as the day trading margins are already much lower ( example $500 for DT an ES futures)
    I am happy to go over specific examples / questions you have and run the margin calculator, probably best via PM?
     
    #16     Jan 27, 2020
    murray t turtle likes this.
  7. The theory sounds reasonable but you need to see how many times it works and how time-consuming it is. What you might be missing is the cost of your extra work & time v. the extra profit gained. Personally I prefer to stagger my t/p levels and use trailing stops, that way I needn't watch the position and use my time to seek opportunities elsewhere.
     
    #17     Feb 6, 2020
    nooby_mcnoob and comagnum like this.