Search results

As I mentioned in another thread on the subject of TIKI...if you are going to design a "system" based exclusively on this indicator or on a combination of S/R and TIKI, TICK you had better make certain that we are in a range bound environment...Preferably one with less volume or less...

About 3-4 years ago TIKI was a hidden gem...It would hit the upper boundary 22 or 24(whatever your threshold is) and price would immediately react and pull back...It was a faders tool...Now TIKI will hit extremes 4,5,6,7 times in a row as the price action has changed...It often works its best in...

The PREM feature is only telling you at that instant in time what the difference between the cash and the futures contract is, and this should not be confused with FAIR VALUE, which is a number that is similar, although slightly different depending on the source calculating the assumed FAIR...

You can find all the info you need about FCM's and their financials at CFTC web site...

I second that...very good trade...

I agree...At this point in the game, if you do not already own, its like wanting to get long in January of 2000...You might get some more upside, but your downside risk far outweighs it...If you find the right location, as many people have mentioned, there are some serious deals in the renter's...

If Citibank goes under, we are all going to be driving around in hot rods killing each other for gasoline (i.e. Mad Max, The Road Warrior)...

well, the July 29th issue of Business Week did have a nice big picture of a grizzly bear and dedicated almost the entire issue to the problems with the markets...

The Matrox Parhelia cards are now being sold thru some retailers...Triple Head support...I will definitely have that installed on the next pc/workstation I ordered...Cheapest I have found them so far is at www.monarchcomputer.com for $345...CDW has them for $389...My best guess is they will be...

That is true under normal trading conditions, but lately in these choppy and very volatile markets these spreads are widening..I have seen 2-3 tick wide spreads frequently for the past several days...

This is an interesting thread and the topic seemed to escape beneath the radar screen for awhile today...If you look at C, JPM, BAC(all banks with massive exposures to either derivatives or to the near bankrupt and/or bankrupt companies) you can also see something serious when the banking stocks...

This is actually damn good planning...My money is on one of those massive gatorade bottles with the wide nozzles and plenty of space for liquids...

Anyone trading in the state of Illinois might also want to look at the LLC fees for incorporating and maintaining records...Without a doubt, the highest in the nation...Wonder if that has something to do with all the guys at the exchanges and all the smaller trading firms...hmmm...

You also have to realize that when the intra-day range picks up or the volatility of the market, it affects all time frames...So this takes alot more adjustment than people realize...For instance, I remember that in early 2000, the average range of the ES on a 5 min chart approached nearly 7...

This is sage advice...I wanted to speak up myself sooner about the potential pitfalls of joining a chat room for trading...Unless the guy running the chat room has the exact same trading philosophy as yourself, it is a recipe for disaster...And this is not to say that this person cannot help you...

yes. those are very valid arguments and points of contention. The daytrader argument against holding overnight only looks at the downside to the equation, but also assumes that the trader is short or long from the closing print. What about from much higher or lower and then holding on to the...

that old man(John Waterman??) from The Paper Chase (who looks alot like Alfred Hitchcock) turning to the screen with that haughty accent "When EF Hutton talks people listen"...Actually it just reminded me that Waterhouse is trying that same kind of crap with the old guy from Law & Order...

I just want Lundy to tell us what month these options expire in...If this is truly a long term trade then I would imagine he has some calls that expire in either August or September...If not his calls have probably already bled to death if they were the front month of July...

So, ideally you should strive a balance. Two accounts. One for trading income on an INTRADAY basis. A separate account for swing/position trades. And of course, never take losers home. yes, this is the ideal...and it also enables you to develop awareness in other time frames which is...

I don't know if we will get a definitive answer to this question, but one thing is certain: Ask a daytrader about swingtrading and he will say, "man, are you nuts? you could blow up holding a position overnight...Besides I cannot sleep on a position overnight" Ask a swingtrader about...