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Strategies & Market Trends : S&P Index Futures (Daytrading SP)

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To: Jay Baca who wrote ()11/25/1997 3:05:00 PM
From: ratan lal  Read Replies (1) of 350
 
Jay

I did my first trade today and lost my proverbial a**.

I sold SP500 at 952.20 when all the indicators (moving avgs, stochastics, rsi, momentum) potinted to SP dropping. The moment I did that SP shot up. I bought back losing 2 points and SP fell down to 952. Then back up again.

You are better off trading on-line since you can act faster than calling a broker and him forwarding your order.

stay in touch. I will try again.

ratan
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