Jim's Nasdaq100 Special as a basket. Message Board

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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: Casaubon who wrote (1934)	2/3/2001 11:26:02 PM
From: James F. Hopkins	Read Replies (1) of 2103

I concluded a long time ago that futures were for Big players, the leverage is just to much for a small player like me. In a way I do use them when I play the UOPIX or USPIX..but not in a way that I can get "sold" or bought "in" by a margin call on some surprise move. As much as I've traded there are often moves that exceed the limits of what I think will happen, while they always come back I can find myself "trapped" for several days and surprised at the extent of the move. So I'm very careful with margin and very seldom on it except to switch things around. Future players need deep pockets, or they will find out what "table stakes" are all about..& I've seen smarter people than me go down the tubes playing them. Jim

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