I Done Bought Me a SSF!
- Thread starter hii a_ooiioo_a
- Start date
I would ask in the other Ssf thread that was started by Eldridge who does pairs trading. Actually I did ask. Because I don't know how it works either.
Do SSF's get the 60/40 tax treatment like other futures?
Thanks
Thanks
Good luck. Start Small is all I will advise you at this moment.
Especially monday morning opens, are such a tricky moment. I'd recommemd one or two contracts for your first attempt.
Strategies are starting to form in my mind, based on the use of stop-losses as well as trailing stops, which are essentially stop-losses that ratchet themselves up to lock in gains. The basic questions are about size of moves, size of gains needed to be worth cashing in on. Wheels are slowly starting to turn in my mind, that's about as far as it's gotten so far . . .
Especially monday morning opens, are such a tricky moment. I'd recommemd one or two contracts for your first attempt.
Strategies are starting to form in my mind, based on the use of stop-losses as well as trailing stops, which are essentially stop-losses that ratchet themselves up to lock in gains. The basic questions are about size of moves, size of gains needed to be worth cashing in on. Wheels are slowly starting to turn in my mind, that's about as far as it's gotten so far . . .
I didn't trade today either. If I had had a sell order for $33.80 I could have gotten out with just a $10 loss.
I do think the main thing is to work up a strategy of placing orders that will let you profit almost automatically. That's what I'm trying to focus on now. Creating trailing stop-loss orders that let you take profits from smaller moves, and continue gaining in larger moves.
I do think the main thing is to work up a strategy of placing orders that will let you profit almost automatically. That's what I'm trying to focus on now. Creating trailing stop-loss orders that let you take profits from smaller moves, and continue gaining in larger moves.
