Search results

  1. N

    CME Housing Futures

    (1) Who is on the other side of your trade? Probably a professional trader, maybe a retail customer. (2) Your profit comes from the clearing corporation which debits the losing traders from the price your trade was filled at. (3) 9 traders can be "long" and 1 trader can be "short" in an illiquid...
  2. N

    Decisions, decisions

    You want to sell shorter-dated options, i.e. 1-to-3 months out, in order to benefit from time & volatility decay. January wouldn't be a good choice. Maybe the CME Miami Real Estate contract might be a decent correlated hedge. Check it out.
  3. N

    Treasury Futures -- Any opportunities left?

    The basis-trade is tough because there's too much money and interest focused on it. The "rocket scientists" will always be a few steps ahead of you. Speculative trading will always have good potential if you have a decent trading method and good discipline to back it up. Instead of the basis...
  4. N

    Prostitution ring, potential to bring down alot of Wallstreeters

    If the "madam" has any politicians among her clientele in her black-book, nothing will happen.
  5. N

    CME CSI Housing futures & options

    There are 10 cities plus the overall index. You can go to futuresource.com and set-up a custom quote board and/or a chart window to keep an eye on them. The volume and open interest numbers are "scary". Appointments to trade the contracts are usually available around 12-noon(CST) when the other...
  6. N

    losing money ,change strategy.......

    Take a look at the "noon balloon" AND the final 90 minutes of the session. You should find some consistancy during those time periods. If not, trade the open and then relax OR get a job.
  7. N

    What happened after Barings went broke?

    He was long & wrong the Nikkei AND also had a huge short position in Japanese bonds and euro-yen(?) that also blew up in his face at the same time. If the trade had gone his way, he'd have become a hero before eventually blowing out.
  8. N

    Re: Who to complain to

    (1) Do nothing. Hopefully, $350 won't affect your standard of living. (2) If you live within 30 miles of them, "take matters into your own hands in such a way that you'll never be caught by police". (3) Contact the state's attorney in the state you live in AND the state the company is located...
  9. N

    S&P various corrections and bear markets, which is similar?

    The correct answer is (i), 1974
  10. N

    How many lots to trade

    (1) Do you even have $10,000 in your checking account? (2) What are the system results for the past 1, 2, and 3 years? Those results will psychologically "overshadow" what happened during the earlier years of the ten year history. (3) Any system that incorporates the late 1990's is attempting to...
  11. N

    Anyone ever read this Trading book?

    The "old frontiers" are still very fertile. Wait until it's on sale for $1 in the "used" section.
  12. N

    Ever changing cycle strikes again

    Jesse Livermore Junior? If a rookie lost 30% of assets under management in one month, he'd be out of the business forever.
  13. N

    The initial game plan - comments appreciated

    ??........5,8,13 and 89!! Those are all fibbonacci numbers! Holy Caca!
  14. N

    Global Market Sell-off

    When emerging markets become submerging markets, be careful!
  15. N

    Housing futures

    Pabst-------You're "The Man". I only forecasted what you did on 2-6-06. I don't know how to copy old threads onto a new thread.
  16. N

    Housing futures

    They've been trading for ~2 weeks. Volume is teeny-tiny.
  17. N

    Timing Studies

    Longer-term time-cycles are more persistent and reliable. I'm really, really hoping that the 4-year cycle culminates to the downside during September or October. Keep an eye on far-out-of-the-money index puts in August. We'll see what happens. Fibbonacci seems too arbitrary because there are too...
  18. N

    Tax Deductions etc. (Tax ? What Tax ?)

    tradersaccounting.com, greentradertax.com, irs.gov. They might be of value.
  19. N

    SIRI short anyone else?

    Are you serious! The $4-level is an old double-top from January & April 2004. You know the old saying: "What was once resistance should now be support for awhile". Consider covering your short-position at $4.01.
  20. N

    What's to happen this coming week

    Oh boy, let's see, the Dow will trade lower until ~11am CST and then move higher. We'll see what happens.
Back
Top