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Ok, here is what I'm talking about. Historically, when markets form TA indicators such as double tops ( NAS 200)or head and shoulder patterns (S&P 2008) odds are they fall. If you 've $200,000 worth of long positions on individual stocks you don't want to cash out of, puts on the general market...

It is always worse for option traders when they get caught on the wrong side of the swing because we are left with nothing when our options expire worthless. It shouldn't happen because we can counter any losing bullish call position with puts in a ratio that either keeps us neutral or makes us...

"Gap analyses are to be ignored in trading. They fall under the heading of too much information. Thank you for your time." Is this comment a joke? Even though fading the gap is a trading technique with a proven recod, it still pays to know why the gap occured before entering the trade.

The market ran up yesterday on the rumour the Fed would bail out AIG, and is now dropping on confirmation the bailout is true. I understand the rationale behind the "buy the rumour sell the news" cliche. But who would be selling today after buying yesterday?

If you want to learn about trading off support and resistance levels, I would recommend looking at the videos on this link: http://www.youtube.com/profile_videos?user=SnP500Trader&p=r

Well if you want I can show many setups that I lost money on, which is probably the best advice anyone could give you because once you learn how to avoid the mistakes, you're on the road to success.

"You young fools don't know how to play the game. Buy and holding, short and holding IS THE ONLY WAY TO PLAY if you want to have a successful trading careeer." You are the only person I've ever heard call buying and holding trading. But we will see in 10 years when I start drawing out of my...

"I think if you're going to buy and hold it's better to look into dividend paying stocks." I actually did that a couple of years ago and am still holding it. Citicorp, heh heh lucky me!

"Do you have an eye peeled for RVX and VIX? I trade options on the vix so do follow that. I've stopped trading them recently because no trend seems to hold value for more than 1 day.

Well my system right now is to go long puts when the S&P breaks support. Today the 1284 big time resistance seemed to hold as it had twice before and we started heading down and broke through the 1279 support,. I took a small position then with put spreads that are now losing positions. If I...

"If i would have kept that stock till today i would have been RICH ASS $$$$$$$$$$$$" Yea but you could have bought that stock in the 1990's held it for 10 years and then sold it for $12 at a loss right before it took off a few years ago. I took $150 (300%) profit on MSO LEAPS that went up to...

"what's wrong with trading spy" Although I have a stock portfolio, for trading I usually only trade options. The OEX folows the S&P 500.

This has probably been beaten to death already, but maybe some new opinions will be posted. Looking at just a portion of the stocks I've either bought and held, or traded in and out of over the last 5 years, almost all of them are worth less now than when I first bought them before the bull run...

"Not to be critical, but you need to devise a new trading plan" You are not being critical, my original post says my strategy isn't working and asks for suggestions of strategies that are working. Mainly I'm curious if other trend following index traders are having success. Actually if I...

"You could try using some spreads as well with the options" Actually that's what I've been doing . But I usually buy the short put back once it looks like the trend has been established in my favor, support has been broken etc... Then of course some news sets the market off on a 200 point run...

Although volatility is an option traders friend, I don't like scalping options and I'm finding it very difficult to hold options on the OEX for any length of time. It seems I'm either stopped out within a day or two with a loss, or would have to start averaging down to break even on a reversal...

That is true, but I think you will the term margin used frequently by traders and even brokers. Below is a common published explanation of ES emini requirements. I was hoping to get a little more intelligent info from this thread than an arguement over word use. E-mini S&P 500 Index Futures...

No it's not an oversight. I belive the performance bond is required to open a futures account, but that once the account is established margin determines the number of contracts you can trade. To quote an emini trading website "There are two types of margins in futures: the initial margin...

I usually trade options on the OEX when I want to trade moves in the general market, but have been looking at the S&P emini's as they appear much more liquid for quick moves. I'm having a little trouble determining margin requirements on the S&P and Dow emini's. I have read where margin...

I'm looking for a link that lists the #1 stock on the IBD 100 list weekly. I don't want to buy a subscription just for this info and thought someone might know of a link in a chat room/ message board that has it. Thanks.