Thanks Trailingstop3 ans asap for the information. The product is offered by US futures exchange. I did try a search on IB for this exchange and this product but could not find any insormation.
Does IB offer this product? if so what will be the symbol?
Thanks
I had read somewhere that E mini dax futures were going to be offered and that also tradeable in US$.
Has this happened? I went to Eurex site but could not find any information. May be some US exchange is offering this product.
Any information much appreciated.Thanks
Really thanks very very much for all the replies.. much appreciated. I am reading all the replies and as a starter I could not understand few technicalities and I hope this discussion will be helpful to many others as well.
My a/c is small and I was thinking of trading NQ but of course the...
Thanks for all the replies.
But can the chances of not blowing out be increased by any hedging techniques? I hope something can be done for protection.
no offence is taken for any replies.
What is the difference between Ideal and Ideal pro. If I want to convert some currency in my a/c to my base currency -do I use Ideal?
In Ideal pro EUR/USD was 18000 and to try some trade I had amended that to 9000 and the trade had gone through. So whatever the default ,you can still amend...
I have read a little bit on this system. Would like to read more as well.
Can this system work now with modern money management ,proper risk control and hedging methods. ? I would like to reduce the risk of blowing the account. I am thinking of trading NQ with this system. Would any other...
Thanks Mark, much appreciated. I overlooked the multiplier factor. Would it have been nice but it was too good to be true. I donot have capital even for 10 contracts.
Suppose I buy 100 call options in DIA strike price 70. Expiry Jan 2011. The premium quoted is 21 so I pay $2100 for those options.
In Jan 2011 if DIA has not moved or is less than 70 I will lose my premium paid. But if DIA is 100 I will make a profit of 30X100X 100
(i.e. 100 contracts and...
Most of the book covers strategies with limited risk. To me, in this market, limit risk is more reasonable. But, it's your money and your choice.
Be careful out there.
Thanks Mark. I wholeheartedly agree with what you have said.
Thanks Mark for your kind reply.
I had in mind short strangle. I have been reading The complete guide to Option Selling by James Cordier and Michael Gross. IN this book the three recommended spreads are
Short option strangle
Ratio Credit spread
Covered call writing.
Your opinion much...
Thanks. Japan markets open 12 midnight to 6 in the morning. I am in UK and unfortunately this is not very convenient. But sometimes I cant sleep and I will come to my computer and observe.
Probably that is another problem - pulling the trigger. I am fearful as well. Needs somehow to boost courage and confidence as well. I am meditating on this aspect but still help will be much appreciated. There must be lots of resources on this aspect. . Thanks