Dottom,
Talking about Richard Dennis from the Turtles...
Well he is OUT of business, his trend following system
went trough a drawdown of 80 % and was closed....
A system can work for a period of time but when the character
of the...
What determines the prices of stocks ?
answer : the human brain
What's the best tool to analyze those prices ?
answer : the human brain
Conclusion : Until computers become so strong AND flexible...
Regarding the risk leverage of futures;
Risk defined as the % of money you risk of your capital
on a trade.
Then trading futures is NOT more risky then trading the stock
itself.
It's just that your stoploss is faster reached.
If you use 2:1...
Guys,
There are a lot of stock proprietary trading frims but few
futures proprietary trading fiirms.
Anybody knowns some of them or where I should look for them ?
Regards...
Jolly,
I just called them and they are the guys.
They offer 50 % payout the first 3 years after that 75 %.
You can only trade with them in Chicago, no remote trading.
They don't have E-mini's yet. They trade mainly the Eurex
market...
Jolly,
I did a search on Google, nothing but on
www.nfa.futures.org I found the following
International Trading group LLC
1845 OAK ST
Suite 9
Northfield , IL 60093...
To all traders,
Stay away from the Dow mini !!!
Why ?
Well, the average spread from what I have
seen is 10 points and let's assume an
average daily trading range of 150 points
that's 10/150 = 6.6 %
In comparison with E-mini S&P 500
average spread = .25 and...