YM Traders

volente,
don't know if you are being serious or sarcastic to porgie
when you say you will post your system tonight with every rule.

I am looking forward to it as I have been trying to follow
your great trades these past weeks on this thread.

I honestly don't know how you seem to consistently
crank out 200pts or so per day.

I would be happy just to get a 10 YM pts consistently per day.

Thanks,
esu2
 
Hi, I agree with esu2... very happy for 10-20 points a day.

I have been following this thread with great interest. I have been papaer trading for a short while now knowing it is another story with real money.. have bene there in other instrument and different strategy. I hope to contribute to this thread by posting some trades and hopefully get some comments on thoughts, or lack of them, relating to my trades.

I use a british spreadbetting firm meaning I don't have any fees or comissions on my trades. the only cost is the spread which is 4 points on the Dow.. not easy to scalp that perhaps but i'm in there anyway..
 
Quote from ollep:
I use a british spreadbetting firm meaning I don't have any fees or comissions on my trades. the only cost is the spread which is 4 points on the Dow.. not easy to scalp that perhaps but i'm in there anyway.. [/B]
More...

Whoa. Maybe it's just me but it sounds like you are royally getting ripped off with the 4 points into the spread deal. That's $20.
 
Well, I can decide my own contract/bet size, £1 and up. It comes to a point when the spread is too expensive but the winnings are all tax free. Not for US sitizens unfortunately but I think there are off shore spreadbetting firm you can lurk out..
I might swop over to a futures trading account when that day comes. luxury problem at the moment. I hunt consistent points, not counting money yet..
 
Quote from dieselman8:

Whoa. Maybe it's just me but it sounds like you are royally getting ripped off with the 4 points into the spread deal. That's $20.
More...

Dieselman,
what is a descent spread then? let me know the charges and fees for roundtrips I should be happy with.
/Olle
 
Quote from ollep:

Dieselman,
what is a descent spread then? let me know the charges and fees for roundtrips I should be happy with.
/Olle
More...

It sounds like maybe any broker would be a better deal for you that charges 2.50 or less per side.

Honestly, I wouldn't really be worrying about tax advantages or unlimited size if you have yet to be consistent. If that's the case I would starting small anyway with only a few minis.
 
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