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  1. cafeole

    Initial margins for CME

    It does. Thanks Robert.
  2. cafeole

    Initial margins for CME

    This seems to be very basic, but I have searched CME and can only find the maintenance margin listed for NQ and ES. Can someone point me to the actual initial numbers? When I search the web, I get different values depending on the broker.
  3. cafeole

    Advice for an Old Man’s Son

    Wrong side of the tracks means a different thing where I grew up. In short, it meant poor white trash. Parents who could care less about education and couldn't help you if they did. I did get bullied a lot because I was considered a nerd AND poor. But I found out early in life that if they don't...
  4. cafeole

    Advice for an Old Man’s Son

    I don't understand your statement.
  5. cafeole

    Advice for an Old Man’s Son

    Actually, my parents bought me a cheapo guitar when I was a teenager. Picked it up on my own. And yes, I am pretty antisocial. Kids made a lot of fun of me as I grew up poor and the clothes showed it. As a family we never went out to eat (never!), no movies, no vacations ever. And thus, no peer...
  6. cafeole

    Advice for an Old Man’s Son

    In one way I was fortunate - I was not a social guy, so I went the bookworm way.
  7. cafeole

    Advice for an Old Man’s Son

    Since you did not tell us his education and skill set, this is my recommendation - Don't trade, get an education in a field that will keep him employed well for the rest of his life. Trading is NOT a substitute for a good job. BTW, I was born "on the wrong side of the track". Probably more so...
  8. cafeole

    Can we make this THE historical data thread?

    https://pitrading.com/historical-market-data.html
  9. cafeole

    Billicare trade journey: from 5K to 250K

    Good luck. I, too, am inspired by Sstheo's 2%. I have created a trading plan around the 2% idea, not his strategies. Like you, I will start with MNQ and with few contracts and will move up if I can.
  10. cafeole

    Why you should learn to code

    You are getting the cart before the horse. To get a strategy, you would need to backtest against certain equities/derivatives. Once you have a successful strategy against these particular entities then trade those entities. I would never trade a strategy against an entity I have not backtested.
  11. cafeole

    Best Advice You Could Give A Beginner?

    You can spend thousands (even tens of thousands) of dollars on training. My advice: DON'T DO IT.
  12. cafeole

    IMO ...If Trump is impeached - The markets take a 2%+ hit.

    According to this article in Bloomberg, only a vote has taken place. Until the articles of impeachment have reached the Senate, there is no impeachment. https://www.bloomberg.com/opinion/articles/2019-12-19/trump-impeachment-delay-could-be-serious-problem-for-democrats
  13. cafeole

    my experience with E2T

    I do not understand the negativity. E2T offers a service at a price. They spell out what they offer. I think their prices are very reasonable. IMO, their customer service is excellent. No one twists your arm to purchase their services. Who cares what their model is? If is something you are...
  14. cafeole

    Quick Statistics Question

    "A derivative is a contract between two or more parties whose value is based on an agreed-upon underlying financial asset (like a security) or set of assets (like an index). Common underlying instruments include bonds, commodities, currencies, interest rates, market indexes, and stocks."...
  15. cafeole

    Should i look in to options instead of stocks?

    eOption allow you to papertrade with delayed data without opening an account.
  16. cafeole

    Best way to back test?

    Ninjatrader is free.
  17. cafeole

    AMP Customer Service

    I use Sierra Chart. I have used them in the past and I am comfortable with their platform. I am a programmer and I like to code my own indicators and signals and Sierra allows me to do that.
  18. cafeole

    AMP Customer Service

    My joint account application took a little more time than expected, but AMP was professional and responsive during the process.
  19. cafeole

    Americans DROWNING IN DEBT! Pensions and 401k’s Will Be Devastated in Crisis!

    Until you come to realize one day you can't do that anymore and you are only 55. Good luck with that strategy. I hope it works for you.
  20. cafeole

    Americans DROWNING IN DEBT! Pensions and 401k’s Will Be Devastated in Crisis!

    I started off a LOT worse than you and I agree to a point. I do not yearn for the poor days, but I can be happy in almost any economic condition because I have been there, done that. I just don't worry about it.
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