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BIDU - China's GOOG :)

Very well. I will commence my DIA trading journey on 2007 as the futures account is complete. Speaking of accounts, which broker is recommended for futures ? I got some coding background so was thinking Tradestation but I also require basic charting in the same package, if they got that I...

Ok, so while my futures account is set I will keep on trading index ETFs exclusively to start getting warm. I suppose 1 YM contract is roughly equal to 500 shares of DIA. Speaking of correlation on Friday I think ER2 led the way then the rest of the market followed. As far as leverage...

Ok, so while my futures account is set I will keep on trading index ETFs exclusively to start getting warm. I suppose 1 YM contract is roughly equal to 500 shares of DIA so in the meantime I'll be playing that. Speaking of correlation on Friday I think ER2 led the way then the rest of the...

Bel, I just recently started getting familiar with futures, so wish, truly wish I could help. For economic data briefing.com is pretty good. Even the free service works. Neet

Ya, let the experienced future traders jump in and show us the light! Come on teachers we need you! :)

Ive been doing that for years, part of the reason why I decided to hit futures. If Im profitable with the index ETFs I might do better in futures due to leverage (when Im ready). For example, I saw a pretty clear signal on Friday and shorted QQQQ around the 43.58 area. As you probably know...

Maybe some java based charting software.

Many traders are monitoring FFHL, many, so many actually that the slightest momo will make it run. Even if it moves 1mm BOOM everyone will jump because it's a closely watched IPO. New 52 Highs on IPOs (aside their opening day) are usually quite aggressive because they got no history. The...

CNBC profits increase during bullish markets. That's the whole logic imho, so they are trying to push it as much as they could. Technically, the Nasdaq and SP500 have shown some evidence of getting tired. On the other hand, the Dow looks tough. Maybe the other indexes are waiting for...

For what is worth. I would feel more comfortable shorting overnight than longing. For instance, I have never woken to a plus 10% market. On the other hand, the downside can be brutal. On friday afternoon I opened a short position on the Qs at around 43.56, I have yet to cover. With...

For what it's worth, I think 2007 will be one of the best years ever for the market. However, for this to happen we need what is generally known as a healhy pullback. Wouldnt be surprised if we have a start of the year sell off and when thing calm down we rally. 5% down 20% up. Of...

This is exactly what I think it will happen.

W, Great post. Some of this I know from trading equities but you do bring some new points that I didnt know. Thank you. Neet

I believe in Karma therefore I will post some of my techniques to help out those in need. In return, I expect 2007 to treat me well :) I make my living doing very simple things in daytrading. No fancy tricks no fancy indicators. I'm not wealthy but I provide my family with a modest way...

Definitely indexes :)

Whoknows, Ok man you are scaring me lol

Thank you both for taking the time. Writing everything down. I start the journey in 2007 on paper and placing most of my cash in CDs until I am convinced I can or cant do futures profitably.

a Hanging Man in the charts! HINT below Hussein :)

H, I apologize, I thought you meant you wanted to trade the Nasdaq. In case you are not familiar, QID is an aggressive short mirror of the Qs. Basically, Qs x 2 reversed.