Recent content by ntk

I would also appreciate confirmation of this. Is the 5 minute rule gone?? Does this apply to ETFs also??

This is incorrect. If the price is .25 by .5 and you put a limit buy order at .5 then you WILL NOT get a better price than .5 (although you won't pay any more either). sorry that I didn't see this question earlier.

Not sure I understand, but i'll give it a shot: -all orders on globex are electronic and are given priority by time Let's suppose in your example above that I am the person offering 5 contracts at 72.50 and I am also the person bidding 5 contracts at 72.25. Let's also suppose that nobody...

I'm in over my head here, but interested nonetheless. I need clarification on this point and on the earlier post by subq regarding price action on index futures relative to the underlying. My rudimentary understanding of index arbitrage (using the example above, and assuming that prices will...

Good luck, good trading and good LEARNING!

If memory serves me, you have just more or less quoted Covel's Trend Following without attribution. What are you getting at?

The original calculation is off anyway. That $279000 was based on 10000 shares, not $10000... you would have only had a mere $139,594 had you not bought your car...then you have taxes...:)