Makes sense.... I switched to dollars only because it was quicker to post my trade realtime since my software gives that info immediately but I'll go back to points unless I'm in a hurry then you can figure out the point P&L. Thanks.
Seanote I agree with David that I much prefer the points because often I do not recall or have at my fingertips the size of the position. Thanks again, again, again & again for the time and effort you devote to this site. Also, yesterday you mentioned you placed your stop on an alert server rather than directly. What execution platform allows you to do that?
I posted this question in another thread, but alas received no answer, so I'll try here Which of these reflect a move in the Naz futures the quickest - QQQ or $COMP ?
Covered 3K MO @ 56.30 + 1.47 points + 4,410 Flat. I still like this short but today and yesterday's gap down makes me think I can go short again tomorrow off the bounce, if there is one.
Thanks for the speedy replies AAA and Seanote Would I be correct in saying that the QQQ and Naz futures move (almost) in sync, because otherwise there would be profitable arb opportunities?
Cnote, do you use bullets or some other device to short, or wait for the uptick? The MO trade -- :eek:
comments taken as a warning. I noticed some rosy talk from TXN and MOT this am....really hype stuff. I wonder if they were trying to prop up the market...