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As I said, my experience is in equities, not futures. Everything in futures refers to "round turn" and no explanation is given for that applying or not to options on futures contracts. I became impatient and asked another professional I know about this. He trades exclusively futures options for...

I've been trading equity options for 20 years and will now move to futures options as well - the E-mini S&P to be precise... I like vertical credit spreads. I especially like how the expiration of the spread does not create an exit commission. Thus, cost is only on entry. My question: Is that...

Good info. Thanks! This process reminds me of doing an RFP from my corporate days. Ugh!

Good for you. Time to hunt the next entry.

Thanks. I have built my system over many years of study. I'll stick with it. The best system is the one you design for yourself.

Your SL has not been hit. So... the big question: Did you exit at profit in the 1.2025-30 area? That should have rewarded you with approximately 30 pips, which by 5 minute chart standards is a very good trade.

You are correct Tom. Changing later or even just adding to my toolbox is a distinct possibility. I appreciate your response!

Stop hunting may or may not be a true market phenomenon. I do know that stops as well as buy/sell orders tend to be clustered in key S&R areas and when price enters those areas, it can trigger volatility in the direction of those orders. I will often use that zone as an opportunity for order...

I've been combing through their website prior to calling. Good for newbies? What about back-office?

You're funny. The hardest thing in trading is to have discipline. There are tons of trading strategies and methods and most will work well - if you can follow the rules. That is the secret, the holy grail of trading: discipline. It seems new traders (and old) are on a quest for the big secret...

I trade FX. Strategy: 1. Simplicity 2. Establish market bias 3. Measure strength 4. Set S&R zones 5. Wait for cycle against current bias and confirm validity 6. Enter 7. Protect 8. Extract profit 9. Celebrate 10. Repeat

Interesting and thanks. I'm not as concerned with their financials - they are big enough, although it's nice to know their volume, etc, for the sake of execution. I've had no problems trading FX with them and they pay the best roll-overs I have found (yet). At this point, it's back-end...

Greetings, I'm new here and new to being a CTA. I have been a successful, private trader for many years - my only source of income. Many friends have repeatedly asked me to handle their money and I finally decided to take the leap. I have passed the tests, registered with the CFTC, paid my NFA...

If you read Colby's most recent remarks concerning his study of moving averages, he goes on to say that they basically don't work in today's markets the way they did when he originally published his findings. He blames HFT/Algo, etc. It's in the article you posted. Used the correct way and with...