YM Traders

Quote from porgie:

live south o f volente .....he is afraid i will find him and want to visit...........I am not looking for new friends ...I can't afford the ones I have....south of Houston about 50.........or so.........where do u live, Pin?
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In U.S. been thru Houston lots on 59 S on my way to Mexico../ Central America driving.
 
if is not predictable........but, if u r position trader u almost have to predict....that is why I believe risk is higher because of risk reward ratio ..........not knocking it just as I see it...pin can u go to chat?
 
Quote from porgie:

Have a wonderful Christmas all and especially my friend and neighbor Volente........Hope our little friend is having fun on his cruise....I worry about him being too aggressive with his money..........not my business.....but i like him.......i have seen more 10 turns than 10:30 but it doesn't matter....times mean nothing to me....except i usually don't get excited before 9.....not worth it intraday........just trade what I see on the screen in front of me........my brother is not on forum....he would fit here he is a gambler big time....i never gamble trade..........never bought a lotto ticket.......
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The window is 10:20- 10:40
You have to be early sometimes to get a good entry before the move.
 
Quote from mhashe:

Closed out 1/2 position at 10939. -5

Probabilities of a pullback are in my favor. Will hold the other 1/2. Hard Stop moved to 10945.
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Flat 10938. -4 on the 2nd 1/2

Market internals are positive and we could have a change in trend tomorrow. 10945 and 10960 being key areas of supply that need to be watched. I have no MR position tonight. I'm sure they will move it higher overnight, so far it's moved higher with a high degree of certainty for an average gain of 35 points.
 
I have a question, newbie one.
If for example I have 6000$ account at IB, and want to daytrade YM and intraday initial margin is 1219. How many round turns I can make in a day? Can I make only about 5 (1219x5=6095) or I can have as much as I can like in spot forex market.
I know there is some sort of buying power in stocks for a day but I don't know about futures.

thanx on your answers!
 
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