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  1. R

    Anyone know why futures shot up so high today?

    Maybe it was some new French trader's first day on the job? *ducks*
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    EconomicIndicators.gov being closed

    Feds to close economic indicator site EconomicIndicators.gov will be shuttered on March 1 because of 'budgetary constraints.' By Heather Havenstein http://tinyurl.com/yqjgef February 15, 2008 (Computerworld) It may soon be harder to track whether the U.S. is in fact sliding into a...
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    Rick Santelli just went off

    Any videos? He's one of the few guys on CNBC I care about what he says because he's not full of hype, but objectivity and analysis. I've turned CNBC off during the days this year (new resolution!) and my trading has become better....so I missed it.
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    Open E Cry raises ES margins from $500 to $2250

    Am demo'ing the OEC platform this week and am VERY impressed with it --- may be opening up an account there in the next week or two. Futures daytrading there is FAR better than OXPS web-based system, and makes both scalping and planned trades much easier to place and modify.
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    A question of "stock repair"

    Good point. "My" cost is actually a bit under 100 but I kept it simple in my description of the problem. It's not a huge position but enough that it warrants some experimentation of strategy on my part. I am optimistic about its long term prospects despite being neutral-to-slightly-bearish...
  6. R

    A question of "stock repair"

    I've never done a "stock repair" before and am curious if this would be a viable strategy for some shares that I just found out were in a relative's portfolio that I inherited recently. The original position was 200 ABC at $100 cost basis. I'd like to get out of this position since I don't...
  7. R

    Mac trading software

    I played with Investor/RT but frankly its interface left much to be desired and was not intuitive for this geek at all. I'm a Mac guy myself and while I loathe Windows, likely will trade on it via VMWare --- either TS or something broker-specific such as the rather nifty software from open Ecry.
  8. R

    OptionsXpress alternatives?

    One of the nice things about the OXPS environment was the clean interface of its charts. Having done some due diligence this week, I'm quite impressed with the software offered by the futures broker Open-ECry. Simple, clean, fast, and has some nifty little features that made it a pleasure to...
  9. R

    is CNBC having another million dollar ch

    I hope not -- they hyped the sh---t out of it so much last year that I quit watching CNBC for the duration. Every commercial break, every 10 minutes, they'd mention it, work it into a story, have a graphic about it, or run an ad for it. Was like "reality tv for trading buffs" -- but got...
  10. R

    Looking for a decent broker for futures with low intraday margins

    Xtrader is free unless you need specialized features. Call 'em to see what the free version will and won't let you do.....
  11. R

    Looking for a decent broker for futures with low intraday margins

    Velocity offers $500 margin for ES contracts, and they're on my list of "possible" new futures brokers......
  12. R

    OptionsXpress alternatives?

    Don't know, I've never traded futures options. Sorry!
  13. R

    OptionsXpress alternatives?

    ToS from what I hear is pretty good for options trading, and I will say OXPS is pretty darn nice for options and stock trading, too. I'm looking at Tradestation and Velocityfutures myself --- most of my trading these days are futures, and OXPS just ain't cut out for it right now for some reason.
  14. R

    Intel Macs & Trading Software.... good/bad idea?

    Anyone here using Intel Macs running Windows with TradeStation, Xtrader, NT, or other active trading platforms? Any thoughts or feedback on how these products perform on the Intel Macs? Along those lines, any (new) thoughts or recommendations on quality futures brokers besides the ET...
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    OptionsXpress alternatives?

    Right now I'd have to recommend against OXPS for futures trading, as I outlined in my note in this thread: http://elitetrader.com/vb/showthread.php?s=&threadid=113384&perpage=6&pagenumber=12 I *like* the company and its customer service, but for futures, I am really afraid to trade there...
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    Notebook Computer

    I've got this Gateway sitting around the house in rather good condition if you're interested in it for $350 plus shipping. Has XP installed, but came with Vista. AMD Turion™ 64 Mobile Technology 2.0 GHz | 512 KB L2 Cache | Screen 14.1-inch Ultrabright™ WXGA TFT (1280 × 800) 1024...
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    OptionsXpress f*cking me for over 50K

    Count me and a very good friend as folks who are also torked at the growing number of problems evident in the OXPS futures trading environment over the recent weeks....despite being very impressed with their suite of product offerings, clean (crossplatform) user interface and outstanding...
  18. R

    What is your preference option strategy?

    Aside from buying straight calls or puts? I'd say same-month verticals --- bull call/bull put/bear call/bull call spreads. Less to worry about when it's all in the same month, IMHO.....doing calendar spreads got a bit too much for me. Though I am starting to papertrade strangles going out 3...
  19. R

    Does anyone trade the eminis ES,YM etc. without a 'stop'.yea that takes guts I know..

    Yep....particularly on FOMC days. Traded right through them. Fortunately I got out when the next directional wave came in my favor and my trail was triggered for a small profit, but it scared the bejebus out of me. Had it happen both on trailing stops and firm fixed stops.
  20. R

    Does anyone trade the eminis ES,YM etc. without a 'stop'.yea that takes guts I know..

    IIRC biggest drawdown when trading naked was 5 points -- I let "hope" get in the way of my trade plan and ate another point or two. On one contract that's perhaps okay now and then, but IIRC I think I had 3 or 4 contracts on that one and just got stupid.
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