Hello,
I am 14 years old, Ive been trading since I was 10, so I think I can help.
DON'T DAY TRADE :p
lol thats the best advice I can give. It is a VERY VERY tough endeavour. Although I do day trade at high frequencies, the learning curve you'll have to go through is very hard.
If...
lol apparently the value of the contract is the actual value of oil. so if oil is worth $100, the contract is worth $100.
Tick size is one penny :D
this will be interesting..... lol first day of the new contract 100 000 contracts might be done...not bad
Hmm apparently it will be traded...
Even if the debt ceiling is raised, it doesn't solve the debt problem. If we do see a bounce tomorrow, it is probably a good area to short european indices (EWI, EWP) as the "fear" focus switches back to europe again.
I get it :D
The fed won't let the market crash, just reprint print print on any decline in the Dow...
I just posted the chart as a coincidence, and if there is the slightest chance that it would play out, I'll be laughing :D.
lol I am not predicting a crash XD In fact Im long right now.
I trade what I see in the market, and this was just a coincidence I found that I thought was interesting to look at.
I would give a 5% chance that this pattern would follow through.
I base most of my trading on a fundamental...
Same here! If you could post it that would be fantastic! If not, its alright.
Yea thats the sad thing... its a question of when it will happen again :( .
Hello,
Could anybody post a chart of the ES or Dow futures around the time of the 9/11 attacks? I understand trading on the NYSE did not open that day, but I am curious what the initial reaction was on the futures, and when the futures were halted.
Thanks in advance!
Julian
TBH I hope in a few years I will not be focusing much on automated strategies, but more my discretionary approach. I am much more confident with my discretionary abilities.
To answer your question, I can probably scale up to 50 contracts without eliminating my edge, which is definitely not...
Please kindly remove yourself from this thread. I would prefer not to have jealousy fueled comments plaguing the conversation.
It is ILLEGAL for me to seek capital through 3rd party sources, unless I fill out some expensive paperwork for a hedge fund.
At this point it may not even be a...
Currently I am in the process of starting a hedge fund of some sorts (obviously not under my name, legal issues) in which when I get it up and running, I am going to probably have 10-20% allocated to the strategy, with the rest mixes of directional stock/future/fx centered around a global macro...