Recent content by rcreal

They know and can see who's on the other side of the trade ... a fellow local or broker.

"You have a business that is in the hands of a few men, and they see that the price is kept up. It's not regulated by supply and demand, it's regulated by manipulation." -- Will Rogers circa 1918-1935 Front inside jacket, The Best of Will Rogers

If you have a futures broker, ask a rep from the firm to give you a tour (contact them several days out). A CBOT member (generally) can get you on the floor without an appointment/reservation. The CME (generally) requires a head's up of a day or two. Visit the Eurodollar Pit (upper...

http://www.cyberwalker.net/columns/jul97/070797.html

IMHO the system isn't bad start, but you should at least factor commission/slippage. With $25/turn you are looking at $55 avg.profit/trade. That is a little low. Try adding a filter (indicator or time based). On several of my systems, filtering out known "no trade zones" of the day...

2003 was a tough year for systems. Why? Low volatility is probably the main reason. If you follow real-time results published by several trading system brokers (attain capital, trade center inc, striker, zap, etc.), you will see a large majority of the tracked systems suffering.

In theory yes, in reality no. While self-adjusting parameters will allow a system to compensate for normal variations of the underlying, if a fundamental change in the underlying occurs, it can likely effect a system beyond help. An example is volatility or liquidity. If either shrink to a...

If someone is paying $50/rt, they are being legally raped. I have a broker trade two systems for me and I pay less than $14/rt per emini (ES). This isn't a special rate, just a rate provided after asking.

The statements about the CME clerks typing in the orders, the off-floor traders arbing the emini/full contract spread and the emini leading the pit (sometimes) are true. The guys in the pit watch a 15 min bar chart of the emini. A large portion of new traders (traders growing up with video...

I went through something like this when I left the "corporate" world ... I took a buyout offer and most of my "friends" from work thought I was doing the wrong thing. Two years later, I'm doing great while most of them have been laid off and are scrambling for work. While I don't...

#1 - Download and run SpyBot - http://www.safer-networking.org/ #2 - Download and run AdAware - http://www.adaware.com This will solve your problems :-)

A 5 minute search on google shows ... A website: http://www.georgeangell.com A few published books: http://www.amazon.com/exec/obidos/search-handle-url/index=books&field-keywords=angell%2Cgeorge&search-type=ss&bq=1/102-2778986-7940120 Various registrations with the NFA in the...

I'll be taking a tour of the CME floor next friday. I'll stop by the S&P pit and let you know what I find out :) rich

If Dell is running any specials, it will be listed on this site: http://www.techbargains.com/ cheers, Rich

You can also get a variety of opinions at: #1 - groups.google.com under the misc.invest.* newsgroups #2 - The eskimo omega list archive at http://www.purebytes.com/archives/ #3 - Chuck's trader club discussion board --> www.traderclub.com Cheers, Rich