YM Traders

MiniDowTrader · May 9, 2006

Volente's "10:30 reversal" and "T-day" strike again!
:eek:

CyrusJ · May 9, 2006

Quote from volente_00:

Franz is still trading ?

No and you were the one that provided the link.

jtmarlin · May 9, 2006

Hello YM Traders:

Is is possible to make money scalping YM with the parameters below?

YM - 1 point = $5 Bucko's
Stop Price: -6 pts = -$30.00
Target Price = 10 pts = $50.00
1 Round Trip Comm.

IB) = $4.26

1 Win = 10 pts = 10x5 = $50.00 - 4.26(comm) = $45.74

1 Loss = -6pts = -6x5 = -$30.00 - 4.26(comm) = -$34.26

1 Win and 1 Loss Profit = $11.48

coolweb · May 9, 2006

Quote from jtmarlin:

Hello YM Traders:

Is is possible to make money scalping YM with the parameters below?

YM - 1 point = $5 Bucko's
Stop Price: -6 pts = -$30.00
Target Price = 10 pts = $50.00
1 Round Trip Comm.IB) = $4.26

1 Win = 10 pts = 10x5 = $50.00 - 4.26(comm) = $45.74

1 Loss = -6pts = -6x5 = -$30.00 - 4.26(comm) = -$34.26

1 Win and 1 Loss Profit = $11.48

Of course not, You need to factor in human errors
50% cut in profit .

lilduckling · May 9, 2006

ZZzzzzzz ZZZzzzzzz this mkt has put me to sleep. Wake me up if something happens.

nlslax · May 9, 2006

Quote from lilduckling:

ZZzzzzzz ZZZzzzzzz this mkt has put me to sleep. Wake me up if something happens.

ZZZzzzzzzz does the chart thread. What ever happened to him?

porgie · May 9, 2006

zzzzzzzzzzzz time is favorite setup.........

jtmarlin · May 9, 2006

wow! if all you BIG Money YMer's are so bored makin all that $$$ trading, you could always get a couple mil in cash out of your brokerage account and bath in it...better yet, why not wallpaper your trading room with $100 bills and post a pic on ET?

alex104 · May 9, 2006

does any one trade ym futures for a prop firm?

alex104 · May 9, 2006

is the big dow ever going to take off