Search results

I have seen e-mails and calculations for support and resistance and also pivot points. What exactly is a pivot point and how can they be used in trading? aphie

Anyone trading the S&P off a century chart using 500 point stops? Ps: Who bought at 900 yesterday? Come on! You get an award! aphie

I recently asked Mr. Hershey some questions regarding futures trading and I would like to share his responses with you. I have heard you say that a good ES trader should average 35 a day on his risk capital. Did I understand you correctly?

(.50 * 50 * 1000) = $25,000 - ($4,800) = $20,200 Yeah, that would be nice. aphie :p

egotraitor, Perhaps more time than two hours would have been helpful? I for one would have looked forward to reading it! aphie

If anyone ever had to complain about the 250 limit and was consistently profitable, I could only wish I had that problem in the far future myself. A 250 contract order would already probably produce .50 to .75 slippage both going in and coming back out, so this probably wouldn't work with...

illiquid, Until I go on the battlefield for real, I have no idea what is considered the more easier way to trade compared to the less easier way. All I know is that I do have one system that does a fairly good job of grabbing points here and there, but again this is on paper. I will let...

Jack Sandners kids won't need to work if worse comes to worse. aphie

Gordon Gekko, What if our government turns on itself? The reason why a civil war seems so absurd is because the conditions aren't dire enough to warrant it. However, if there was rioting, looting and a general breakdown of civil order which required marshal law, then you might have a...

First of all, let me say that no American will ever "get over it." We will come to terms with what happened and the new reality we face, but getting over it is something that will never happen. We are all changed because of September 11'th. How is my assertation of the events from 9/11...

ddefina, All they would need then is Captain Kirk's rooting them on as captain of the Enterprise trading team! aphie

Give ego a day or two to respond and then delete the thread if he's not going to do anything. The amount of space this topic takes up on a hard-drive is equivelent to the amount of space a molecule takes up on your fingernail. aphie

ddefina, So Mr. Spock would make a good trader whereas Dr. McCoy might make a bad one? Interesting! aphie

Tech Analysis, I agree with you. However, it is the type of comments devoid of any thought such as the one's that Daniel_M makes that really do wonders in causing extreme tangents from the subject being discussed. I merely stated that one innocent woman, man or child going to work that...

x-or, Thanks for your thoughts. I'm sure that there are many things that I have yet to experience in the future's market. I have heard over and over from many people that so many are profitable on paper but not when they go live -- and usually because of emotions. What I don't understand...

You may also want to carry an extra pair of shorts -- just in case. aphie

DeepHindsight, Sorry it took so long to reply. Yes, you are correct -- I will be setting it up to buy on ask and sell on bid. Personally, I never understood why some traders will try so hard to buy on the bid and sell on the ask. From my observations with futures trading, the E-minis are...

chasinfla, No because, according to Optional777, we are all here for the sole purpose of dominating the gene pool, robbing little kid's piggie banks, cheating the system, avoiding taxes and generally doing whatever it takes to make a dollar more than the Jones. aphie

OPTIONAL777, You have a pretty cynical view of the world. aphie

Imagine how different things would have been if the planes would have hit an hour later. There are so many "what-if" scenerios -- but there is at least one man or woman who worked on one of those floors who decided to take the day off -- and I bet they believe in God more than anyone. aphie