Recent content by PhillyTrader

Can anyone refer CTAs with a positive three year track record and low minimum investment of $10k ? Open to any management styles considered for right now. Thanks everyone

Try ZB bonds on eCBOT...$1500 margins and less for daytrades, $31.25 per tick value...w/ a small account, and high tick value set your STOPs accordingly or be disciplined to "stop n reverse"; with the ZB either you're immediately right or not...3 ticks wrong and you're down nearly $100 per...

a new guy can learn a lot about trading floor intricacies just by reading these posts... props to MCurto...

What amount of total volume will you do per month?

...Does not apply to Futures nor Stock Futures

like what bundlemaker? Don't like Grains or something? One only has to do a little research to find people who have made fortunes in all derivatives markets, Corn to Bonds to Francs and even toady in Euros...and I do mean fortunes dude.

Not exactly...posting full margin, which is not exactly possible, has nothing to do with expiry. All contracts have a life, futures are no exception. Spot-forex and futures each have their pros and cons. Spot-forex u r still paying a $30 commission in the form of a pip spread. Futures can be...

And as far as 'losing money' by "rolling"...futures are marked to market each evening after the close. Which means, you still are losing money and a your margin requirement is re-calculated accordingly. If you don't have enough funds to carry a loser each next morning you'll be on margin call...

Scalp: Remeber, futures are contracts dude. Like all contracts they have terms, namely a beginning and an end, i.e. your $4500 per month midtown Manahttan annual lease.

If you are not a bona fide hedger...more than likely your FCM would A/O you...automatic offset. Your broker would take you out, his firm would A/O you, or you roll. Rolling is still essentially offsetting one position in one month and opening a position in a deferred month. It's not automatic...

CME products available...www.CME.com

Direct Access order entry to Corn pits is a misnomer. Orders may be placed and reported online but day-corn is still executued in the ring. Speed of fills reported back depend largely on your brokers desk (equipment) and their men on the floor.

If you catch two pennies on a 5 penny daily range is about $70 to $80 after commissions at most houses. With daytrading margins at 25% ($125 per contract), dude thats a 56% ROI, in one day. Ten contracts makes you $700 with $1250 committed in day margins. I trade Corn everyday; including...

easy to understand and low-costs to trade it. Great for beginners. And yes, a trader CAN daytrade Corn futures with success!