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I daytrade ER2, and to get around this problem, I just have ER2 on a 24 hour chart, and IWM on a RTH chart. So I can see signals on both timeframes, while my charting package does not allow it. So, you might use ES and SPY.

SEC set to relax margin rules in move to cut trading costs By Jeremy Grant in Washington Published: October 16 2006 03:00 The US is poised to relax margin rules introduced after the 1929 Wall Street crash with the approval of a system that will cut securities trading costs and pave the...

Those were vertical credit spreads I believe, not diagonals. If you're thinking about risk, LOL, also be aware of the different risk profiles for CTM credit spreads vs. these OTM credit spreads. Once your OTM spread (done for a small credit vs. large theoretical risk) starts getting too...

9/4/06

There was a good discussion starting around page 1637.

This thread does provide lots of info for a new trader and I appreciate it all. I can barely keep up, but it is fascinating. Currently I daytrade index futures, . . . learning about option spreads. Questions: Where is the "sweet spot" of a calendar? What is the best book out there to...

Brutus, (or anyone) you may be interested in trading with my group. We got the ER short near 715 and took 40-50 ticks at least out of it, then got a long off the bottom. www.woodiescciclub.com. We use 5 min charts. And it is ALL FREE. Real time chat room with moderators calling trades. No...

It says SEPT. It must be the Dec contract, but the Sept. Call. That must be it. Thanks. "When it seems too good to be true, it probably is."

Newbie here. Someone tell me why this credit spread isn't a free lunch please. ES Sept 1330 call 11.00 x 12.25 ES Sept 1335 call 3.75 x 4.20 Thanks.

You might be interested in going to woodiescciclub.com and join the stocks/options room (not the "main" room, as they trade index futures). They do alot of spreads, but woodie himself loves naked writing, and is very good at it. And he doesn't go much OTM either. He uses the CCI on daily/30 min...

Great observations by Samson. I have been with woodie for quite a while. I figured it out, I think. Until about mid-May of this year I had such terrible trades with ZLRs that I hardly ever took them. They just didn't seem to work, at least not for me, and I cannot imagine anyone else...

Where's the divergence? Nice trendline break on the CCI though.

Cool, I got it! Thanks much. Lots of great info here! Really appreciate it.

I was confused but I think I get the point. IF there is no VIX spike in Aug, you never sell the Dec puts, so you are left with short aug puts that expire worthless, but long Sept puts that should retain some value to give you a profit, even if small? Is that it? Edit: This is I think what...

Congratulations. The size of your account is fine, as long as you stick to short term trading techniques, maybe this is not what you want to hear. Here is someone who comments frequently on Gold. He advised readers of a possible top in mid May, then a cyclical bottom in mid June...