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The margin should be for buys - the whole premium and for sells 100 - the premium. (your maximum loss) The FRO up option at a strike of 20 would be the same as being long 100 normal 20.00 calls and short 100 normal 20.01 calls. These strikes don't exist but would be needed to create a...

Yes I am interesed in this.

There is a book written in 1966 about a guy who did this. It is called WIPED OUT. http://www.amazon.com/gp/offer-listing/B000E3NWC6/ref=pd_bbs_sr_olp_1/102-6567313-5007320?ie=UTF8&s=books&qid=1179078709&sr=8-1 amazon link. Read this book a long tima ago.

Yes I have used them , they are legit. They used to accept netteller deposits but it look like they dont now. I would not use them for the daily market bets, their commission is way to high. Tradesports.com is much better for this. For longer term bull-bear type bets the commission is much...

I am also from Calgary. Would be interested in getting together and sharing some thoughts. They got it going in Vancouver.

I have to agree with you about giving a person a system that works and then seeing that person lose money. This was the case many times in my blackjack days. People would have a system and not use it properly or at all. They must have thought just because they are in posession of a winning...

Chopper77 "Is this viable these days? A lot of guys I know are just getting started playing cards because it's the newest fad or whatever, and because of all the action online you can get started and play for very cheap. Starting at with $90 at $.50/1 limit hold'em I've seen students of mine...

Hello Serge, Will your firm accept Canadain Accounts?

Yes. I have tested a program called Metaserver RT that interfaces metastock pro woth the IB data feeed. see http://www.traderssoft.com/ for details. I liked the demo but am working as a daytrading foirm and not using it now. Also http://www.dynastoresoftware.com has a simmilar product out...

From the look of this chart it looks like the US Dollar Index is a buy. Time will tell.

chart

chart

... onm the QQQ and IWN (russel) SPY and DIA hav not given sell signals yet QQQ Chart attached

Here is a spreadsheet I use with all the calculations for the sharpe ratio. You need 12 months of data to get started. Just plug in your own numbers. These are the numbers from my hypothetical fund at marketocracy. Just plug in your own numbers. a web site to get risk free return rates is...

Hope you like it in Calgary. There are a few of us elite traders here but we havn't got togeter like the guys in Vancouver and TO. Maybee soon.

My choice is www.interactivebrokers.ca . There are others, QuestTrade, Trade Freedom to name a couple. I use IB. If you are daytrading make sure your account is over 25000 US or you will be subject to the pattern day trading rules the US Securites and Exchange Commission has put in place...

True the margins ar lower for intra-day. What your broker asks for margin doesn't affect the riskiness of your system. They could lower the margin to $1 and you would still have to cover your lossses. My estimate of drawdown is just that, an estimate. A better system may indeed require less...

The drawdown is an maximum amount your account eqiuty declines from a high point before rising to a new high point. In this example you would only have one contract opeen per time. I did not give an example of risk calculation but have done some testing on e-mini systems I developed...

I guess I missed that. The 10.00 per day was an estimate of the dat feed costs. The 10000 was an estimate of the amount you would need per e-mini contract to be safe from drawdowns or put another way , a run of bad luck.

I don't think 2 ES points a day is easy but it is probably an achievable benchmark. Turns out this was the number I had in mind when looking at developing an ES trading system. I also anticipated trading on average 4 round turns a day. My other assumption is that you would need ten thousand per...