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P.S. Futures extended hours not yet fully implemented, TBD. Some premarket, 7:30AM - 4:15 EST.

I'm currently with MB Trading. I have both good things and bad things to say, although the good outweighs the bad. Where IB seems to get negative ratings for customer service, MB does a great job and with a prompt trading desk. In fact, I practically know the desk and reps by their first name...

Do you mean you get the disapproval because of the stigma of daytrading? or that you make so much money? or that you make so much money because of your age?

Ditto. Traders have to learn to make money in bear and sideways markets. I was too young to trade in the halcyon days of the .com craze and I've been weaned on the bitter milk of this secular bear market. So I don't know what the hell most of you guys are talking about, to me, the markets have...

I think this works if there is no news, as in there's no reason for the underlying S&P500 cash to gap up excessively. The spoos may influence the cash to gap up a little, but not to the extremes that I've sometimes (not always) seen them at night. I think the typical e/premium is actually...

Who are these guys? They seem to have multiple websites. Anyways, this chap gave me his card and said that he could get me some great rates on futures. Currently I'm at $5 /rt but that's MB Trading first month offer, after this month, its $7. Anyways, anyone know anything about these guys...

I definitely see what Soho is talking about. On those rare times that I've been motiviated to wake up at 4AM to trade, I've been able to catch a few good swings. Another thing to consider is that it seems that if the e-minis & epremium rise too much (without news) then it will eventually drift...

I believe $EPREM corresponds to the premium on the E-mini and $PREM is for its big brother. I don't have a complete understanding of index arbitrage either and would appreciate anyone elucidating this subject. But from my incomplete understanding, arbs will step in to buy/sell the futures/stocks...

Anyone use these possible indicators (and others) in trading the e-minis and how do you use them? The first four are more like sentiment readings as well as overbought/oversold areas. But does anyone try and play the spread between the spoos and cash fair value?

I just came across the "Woods Floating Indicator" and I have to admit, its very intriguing and potentially beneficial. It seems to me that this helps to bridge the gap between price movements and volume. I've always paid a great deal of attention to volume, probably moreso than other traders so...

Well, there is some dividend capture arbitrage. When the a stock drops due to ex-dividend, buying pressure could conceivably raise the stock price back up to its original amount. Some people might think the stock is cheap or don't care about dividends. So conceivably, but not entirely too...

Samba: leverage, no market makers, no specialist, no downtick rule, a single tick in your direction and commissions are covered, taxes, hedging, diversification, liquidity, volatility, reacts like stocks to earnings and news, all make a sort of "purer" trend. TA works a LOT better on the SPOOS...

The Saddam statue. It was like a 10 point rally before it was pulled down. The moment the tank gunned it, everyone sold and the spoos dropped.

Sell the news, as the old maxim goes. The Michigan sentiment # was good, but it wasn't a surprise.

So what pay service have you heard good recommendations? Or is simply true that those can't, teach.

Current margin requirements: http://www.cme.com/httpwrapper.cfm?wrap=%2Fwrappedpages%2Fclearing%2Fpbrates%2FPBISOutrightEQ%2Ehtm&beginAfterRE=%3Cbody%5B%5E%3E%5D%2B%3E&endBeforeRE=%3C%2Fbody Basically, for the e-minis, you need an initial $3,563 with a maintenance margin of $2,850. This...

I'm curious, but I've seen quite a few predictive analyses of support, resistance, and pivot based on the daily action of the futures, but without taking into account the nightly action just the "open" and "close". Now I'll grant you the after-hours market isn't as fast and furious as the...

ARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRGH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I know my weakness and I name thee: Greed. I left so much money on the table trading the spoos today. I SHOULD HAVE been up 6 points. But no. I lost 6...

Why fight the tape? The trend is your friend. Don't try and pick a top, wait until it actually hits resistance and some sort of bearish confirmation.

I agree. Long on the spoos for me come Monday.