Fantastic ET ! Please show the actual trades. I still have problem entering on retracements rather than actual trends. How do you cope ?
I posted a screen shot from my IB T&S. I kept it up for about 15 minutes. I really want to talk about concepts first, then move into techniques later on. Specific trades will come later. At the time being, if you want to talk about specific trades, you are welcome to post yours for discussion.
Here's a 30 second chart of the afternoon session. <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1763648"> I short right at the top of the 1st 1000 pt drop. I exited with 36 points!!! Go ahead, laugh. I deserve it. I made a few point on the 800 point run up. Again it was peanuts compared to what was offered. The final drop was a much better trader.
No, I have never traded the HHI.HK The HHI spec is here: http://www.hkex.com.hk/tradinfo/futurescontract/hhifut.htm the HSI spec is here: http://www.hkex.com.hk/tradinfo/futurescontract/fut.htm Margin info: http://www.hkex.com.hk/tradinfo/futuresmargin/margin.htm HSI Volume stat: http://www.hkex.com.hk/futures/statistics/MonthlyStatistics_F_HSI.htm HHI Volume stat: http://www.hkex.com.hk/futures/statistics/MonthlyStatistics_F_HHI.htm I trade between 1 to 3 contracts.
I used to trade in Chicago (mainly SPDRS, figs, options, and trending) at a group called SDV that eventually got wiped out because of a couple "rogue traders". Recently I moved back to California where I am recouping my bank roll working in operations for a bank. Now, that I have some extra cash I have been looking to trade but my day job conflicts with the US markets schedule. Can you refer me to a specific brokerage that offers Asian market products? (HSI, Nikkei) What's the Margin for remote traders? Do you recommend trading Asian options? Thanks! Dino
IB -- Interactive Brokers Don't forget SPI (opens an hour earlier than Nk at present), STW and KOSPI.