Recent content by profitseer

I am almost all-in Global Fund. China fund shareholder since 2004. Awesome performance, nothing to say more.

there's an article about trading with satellites somewhere. The deal is, if you're surfing the web, it's very fast, but you don't know there is a slight delay. They (the satellite people) say it can take up to 5 seconds to get the data onto the superhighway. So it would seem very fast, but in...

shorting every second from 1070 to 535? oh man, my finger's getting tired just thinking about it.

oh, that was easy. LEFT CLICK. not RIGHT CLICK. I always right click when I'm not sure. left clicking when I'm not sure has gotten me into more doggone questionable positions. thanks def

how do I enter a gtc on globex for es? Lord knows I have tried. I'm using tws. Have tried to enter one using the order ticket. Lately I've been getting confused whose purging what when. Put in an order after the 17:00 globex maintenence, but somebody got me later on. Maybe tws, maybe globex...

well, as fas as what people think, I suppose CNN or one of those Good Morning America shows. Bloomberg has very good talks with guys in the pits. Not sure what they'll do when the guys in the pits finally realize that while the Chicago Boys Club is shouting and yelling, the rest of us hard...

right, and the closer the contract gets to expiration, the tighter the spread will be. And there are times in grains where the price is said to be inverted, or trading at a discount to cash, because supplies are tight, but the new crop looks to be more plentiful.

no, sorry, I'll be more serious this time. The discount is the dividend plus what you could make in interest. So, the futures trade below the cash. On tv, they often misuse the term "fair value." There is a formula for computing it. Something like dividends plus t-bill rate minus cash divided...

well, like in corn, you take the cash price and then add to it what it costs to store the grain until contract expiration. So Dec corn is stored in the ground but Mar corn is stored in the elevator. On the index, you take the cash price and minus out what the dividends are going to pay if the...

well Pabst, It just requires a simple leap of faith. You must believe what goes up will keep going up and what goes down will keep going down. (there is a slight upward bias, because mkts don't go negative, and you have a huge sales force on Wall Street working for the bulls) But once we are...

my backtest shows If you start on 3/11/03 and go short on tails and cut your losses short and go long on heads and let your profits ride you would come out ok and that's just flipping a coin! imagine what you could do with Magic Gann Squares!!!

if the market trends, and you are on the right side, you will make money if you haven't screwed things up by poor money management. How do you get on the right side? well, with a toss at least you have a 50/50 chance. But I doubt anything will work on a crap table, so you need the market...

there, ok now, everybody knows it, but very few do it

toss coin go long on heads, short on tails cut losses short let profits run never add to losing positions sounds easy but almost no one can do it