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get a clue. i wasn't referring specifically to GLOBEX. i was referring to index futures, in general. and my point stands. i proved that there are market makers in index futures. i wasn't speaking specifically of CME products. i trade dow futures for a living. i almost never trade...

there ARE market makers in index futures i expect an apology from you volente here's a quote, and a link "Pursuant to CBOT® Rule 225.00, the Exchange has adopted a security futures market maker program under which an individual member or member firm (each referred to as a “member”...

ET is like that. i think it was truman capote who said you lose 5 points of IQ for every year you spend in Southern California. Same could be said for ET :)

there is no holy grail because the market is made up of human beings, and NOBODY believes human behavior is predictable with anywhere near 100% accuracy, which would be necessary for a holy grail setup it's that frigging simple

the correlation (iirc) between YM and ES is over .9 fwiw, both times i was in a trade when CBOT went down, it moved in my direction and turned into a nice profitable trade this shows to me yet again, that retail traders are consistently on the wrong side of the market.

"Most stock traders that switch over trade indeces via Globex. Its computer matched. No humans intervene." jayford: get a clue "intervene?" you are probably confusing a SPECIALIST system with a market maker system i will repeat. index futures HAVE market makers. feel free to...

i try to do around 10-30 but it really depends what the market offers on a given day. heck, one 30 pt gapfill trade gives you 30 pts right there. i use a set stop for each particular setup. one setup for example has a 5 pt stop. most have 10 pt stops some have bigger stops...

i trade both i make my income from futures scalping, i do some stock daytrading on the side, and i use longerterm and swingtrades in stocks for my portfolio to build wealth one thing i wanted to correct, though there ARE market makers in futures. but a market maker does not have...

i scalp to generate income, but that is hardly all i do. my scalping account sits alongside longerterm accounts. heck, i've held some stocks from the day i bought them (10 yrs ago) look, most people are going to fail in trading PERIOD,and i agree that scalping is among the most difficult to...

pcgeek, no offense intended btw.. let me put some options are not like stocks. stocks are pieces of a company. they represent something tangible so, unlike a share of a stock which represents a THING, a put or call is created "out of thin air" when somebody WRITES it and placces it on...

" but wouldn't a Sell To Open be the equivalent of purchasing a put option?" no. for petes sake. no offense, but at least do a little research if you purchase a put option from a flat position, you are BUYING to open Selling to open = WRITING an option. which was my point. people are...

people conflate the terms SELL and WRITE what they mean is that you can't WRITE them you most certainly can sell them to close a long position for example i buy one Put ABC strike 10.5 expiry Mar for .15 i sell one Put ABC strike 10.5 expiry Mar for .25 that is fine what thye...

i trade Nikkei and Hong Kong using IB

asap... i pay under $4 per roundtrip i generally buy the spread (as opposed to pay it) by using limit order and i make a living doing this - scalping the YM for targets of (first target) 6, 9, etc. you do NOT have to target 20 pts etc. for this to be efficient. you have to have...

it is POSSIBLE to become a success with 5k. it is more likely, assuming you have solid discipline and a decent methodology in futures trading vs. stocks, because the leverage is much better etc. i have taken 5k accounts and solely using dow futures, brought them to 15k several times over. i...

i had HEARD that the SEC implemented a rule that subjected SSF's to the PDT rule recentlty i have not seen confirmation of this fwiw, daytrading most SSF's (most, not all) is somewhat problematic. they tend to have pretty wide spreads. fine for position and longer term plays, but not...

a lot of hedgie's and institutions etc. unwinding very large positions, imo (and from what i have heard "on the street" ) accounted for a big part of that drop

if you are trading longer than an intraday position, the close is the most important (imo) price of the day. as well as the value area, price, imo spread traders, and longer term traders tend to want to do a fair amount of opening, unwinding, etc. of positions near the close, or even AT...

duard that is spot on i keep track of how many positive premium divergences (related to fair value) vs. negative ones there are in a day that go above the program buy/sell threshold GENERALLY speaking, if futures are spending more time in the upper fair value range AND/OR generating more...

the analogy between 9/11 and 7/7 vis a vis market fundamentals is weak here's why they were TOTALLY different. 9/11 was a complete seachange and totally unexpected. the market HATES uncertainty. we have never had any significant terrorist attack like this on our native soil. as the...