Recent content by options4me

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    Early Sale by Broker

    I received pretty much the same type of e-mail from Optionsxpress last night after I opened up a position with APPL options and carried them overnight. "blah blah blah... "usual stuff that they are informing me that they "Might" need to liquidate my positions if they went in the money and I...
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    Fibonacci Retracements

    Take a look at the opening 10-15 min to get the first cycle. Usually a good starting point. You also need to respect the S/R (pivot points) levels when looking at this. Worked for me today, again... Bought some 260 Puts once it stalled.
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    Fibonacci Retracements

    I did a thread in the TA section here on "Fibonacci Trading" a while back. It is just a tool, nothing more, nothing less. Works more of the time than not. Just have to find a Stock, or Future that has repeatable behavior. This weeks trades using the Fibs for an exit.
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    dykstra declared bankruptcy.

    Worse... He either fired, or his attorneys quit. He is NOW trying to be his own lawyer.... http://www.cnbc.com/id/33123414/site/14081545#
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    Cramers has once again destroyed peoples lives

    Much agreed! You got to remember, these guys are not on TV to give REAL financial advise or guidance. They are on TV for Entertainment purposes only. Sell advertising, be sensational, to get ratings. Kinda like watching Wrestling...alway good for a laugh. Remember when he vouched for how...
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    grain spreaders

    I like to use this for a High Level view of a spread setup. http://www.britefutures.com/charts000/spreadcharts.aspx For you Bar charts and closer time frame I also look at this: http://quotes.ino.com/chart/?s=CBOT_ZS.N10_X10.E&v=w&w=5&t=f&a=0 That is about all I need to plan out a Spread...
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    grain spreaders

    I made some charts in Excel for Soybeans back last summer to evaluate spread trading fundamentals/ patterns. I just took the historical daily closing prices off of MRCI's site and manually plugged them in. Labor intensive. I now just use the free Spread charts in Bright Futures.com webpage now...
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    Attention Option Traders

    Here is a FREE Excell file that works fine also. You can do C Calls, Spreads, butterflies, condors... http://www.oedge.com/download.php
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    Heard of CL for a long time, decided to give it a try today

    That's the way to do it! Key word here is "Short Term". Most of my trade in CL are only 10, to 20 min in length. Rarely up to 1 hour, but a few times letting it run, making trailing adjustments my SL point. CL trades work very well by using Trend lines, or swing trade. If you keep a close...
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    Heard of CL for a long time, decided to give it a try today

    If you claim you have RULES, you should stick to them. Stop Loss Hits...YOU GET OUT.. no "what If"..just get out. Take your loss and "PLAN" your next trade. Min 2-1 P/L ratio for targets. Keyword here.."PLAN".. and stick to it, or you will be just another one of the people always complaining...
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    CL is wild :-(

    Not sure, but I enjoyed have two trades completed this morning anyway. (+91 and +53). Done for the week. Found this on WSJ. By Reza Amanat Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Crude futures stage a tentative comeback Friday, with traders taking advantage of a $6 loss in...
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    CL is wild :-(

    At some time we were all beginners here... Made 3 trades today. Got +24 point, +61 point, and +50 point each. Using a 2 min chart Trend lines, and Pivot Point lines. Sold only One contract at a time. Just using chart price movement, trend line breaks for entries. Exit is by pre-set profit...
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    Tax "CZAR" did it again.

    This is just more of the "Elite" getting away with what they want. Charles Rangle, Tim Giether..and so on... -----Sorry, Charlie—Rangel Makes More Excuses for His Failure to Pay Taxes September 15, 2008 03:13 PM ET | Sam Dealey The list of excuses offered by Rep. Charles Rangel for...
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    What are the advantages of day-trading stocks over futrues?

    I trade 3 to 4 CL contracts (daytrade ) everyday. Futures are not restricted to those Day Trading rules that Stocks or Options are.
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