Search results

I can watch the e-mini, while I am waiting for my fills from the pit and see where I could have gotten filled. That's how I am testing which one is really better. Remember, I have to trade 5 emini's to equal 1 big contract! I will keep you posted as to what my research shows is the best...

I am watching my fills very closely to determine the level of pit slippage vs the e-mini, theoretically, the pit should be better, but reality may prove the e-mini the better way to go. A few more days of trading should provide enough info on this. Thanks for the heads up though! Mike

They rip you off in the e-mini. Yeh, you do get instant fills, but they trade in .25 increments, the big contract trades in .10 increments. Over many trades, It will make a difference.

you're kidding me right? Take some responsibility for your own actions, they didn't force you to trade, It's your lack of discipline that cost you money! The fault lies entirely with you!

I am trading the index futures, not e-mini's, the Big contract. I have a ST bonds system, a ST S&P, a few strategies for most of the other markets that trades a few times a year. I am using a broker to make sure I don't miss opportunities. He has the rules and is responsible for sticking to...

I tried playing with him for a few days, but just couldn't get your results or anything close! I don't have the cost structure to make it worthwhile. Was a good week this week, traded 4 days and made around 16k, maybe a little more! I have expanded into futures, and my first trade yesterday...

Who are the multiple traders making millions of dollars and where are they trading?

Dumb move IMO.....why would a futures trader give up the tax benefits associated with trading that instrument?

My point is this, why would you give up the tax benefits gained through trading futures by trading futures with an LLC. At top tax rates you are looking at paying 15% more, doesn't make sense to me. Then again, my assumption is that you are going to make money, and well, 9 out of 10 probably...

Your system is fine. There might be a few individuals whom are making more than that on there money but they are most likely accepting more risk and working harder than you. When it comes to returns, compare your results to the index's for risk vs reward. Your system is returning 5X that of...

Why reinvent the wheel, we have a solution already put in place that is robust, scaleable, and extremely reliable. PM for more details.

I want to transmit a video picture(from my monitor) and a seperate audio signal between different rooms in my house, does anyone know of a wireless solution? Many thanks in advance. Mike

Most ridiculous thing I have ever read. Why does every person whom has challenges making money talk about the "good ole days", as if there is not money to be made in today's market. There is a ton of money to be made, and I know of many traders who are doing well. You have to learn to trade...

What does cramer have to do with it? A mediocre trader at best!

Well, my long positions came in nicely, and my hedges worked well too! To those afraid to pull the trigger, you have to pay attention to the market. When the market shrugs off bad news, that's the sign of a strong market! You don't great opportunities often, but when you do, you've got to...

He has a good point sammy. Futures offer a significant tax advantage over equities. So much so, that I am working hard to adapt my trading style to futures. It's a different beast, IMO, but for the tax savings, it's well worth the effort.

Good luck on those shorts! When the market shakes off negative news it's a sign of strength, not manipulation, In my humble opinion! I am hedged in one account, and long in another. Was long overnight, so this morning was a little ugly! But it cleared itself up and will continue to hold for...

So far as been a good day, and a good week. Made about 5500 today. Coulda made more:(. Put about 3500 up on tuesday, and made 4500 yesterday! Nice to get some movement and VOL. Good trading to all! Mike

referring to it as an arcade, implies it is place where kids hang out after school and on weekends. I believe your post was intended to attack both firms that use this model and traders who trade through this model. The fact is, this model is the same model floor traders have used for...

I am a professional trader, have been for the past 5 years, and to have some refer to me as "trading at an arcade" is an insult. Why do I trade as a professional vs prop. Because I make more money trading on my own vs doing a profit split at a prop. Commissions have come down quite...