ES Journal Archive (2006 - 2008)

[Chuck Krug]

Quote from smilingsynic:

The spread of ES options is smaller than that of the SPX options, but neither is what I would consider a day-trading vehicle.

If ES is too large, there are always SPYders, but the tax treatment would be complicated if you're not considered a trader by the IRS (the wash sale rules would apply for SPY).

well, i find that my stops are too tight on the ES.
maybe i'll work on that, but there's also the fact that i'm more comfortable holding options and going for a walk than futs.

i'm in europe, so no US tax for me

 

[ammo]

if your scalping the es or spy throw a chart of the dow jones transports on your screen,great indicator

 

[Pholeuon]

Ammo, do you mean DTX index from CBOE?

 

[kamek]

thx because i like to trade it during option expiration

 

[trackstar]

Quote from ammo:

if your scalping the es or spy throw a chart of the dow jones transports on your screen,great indicator

what do you look for in the tran?

 

[ammo]

djtrans, i watch it with spu and dow and draw channel lines,i shoul d trade it,it would be easier than spu,if you figure out how to let me know,and see how liquid it is sh 68.5

 

[Chuck Krug]

Quote from ammo:

djtrans, i watch it with spu and dow and draw channel lines,i shoul d trade it,it would be easier than spu,if you figure out how to let me know,and see how liquid it is

there's an etf: IYT

 

[Chuck Krug]

Quote from Chuck Krug:

/buys es apr 1300 puts @ 7.625 avg
/b es apr 1325 puts @ 12.625 avg

stopped out

 

[tommymoose]

Looking to take a short on NQ at 1859-1860 with stop right above once we make another push up there.

SHORT 1859.75 stop at 1861.75

Stop moved 60.75... Target at 1855.00

 

[ammo]

sh 68.5 add 70.5, 68.5 bid filled