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Strategies & Market Trends : Tech Stock Options

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To: The Perfect Hedge who wrote (41338)4/26/1998 2:11:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
Try it. $250 is one point on the S&Ps for one contract.

You have nominal exposure. If you are willing to trade S&Ps with the calones to take 250 dollar moves you should definitely take a flyer on an introductory offer of 250 bucks. It's chicken feed.

I see Darth's reply is based on options, I did not know Darth was an employee of Bernie Schaeffer. This is a completely different environment from S&P work. My suggestion to you is, if you can afford the hit from a single contract going bad allowing these people to trade for you based on the system they have then take a flyer on it.

Personally? No one trades my account but me. In your case, in the futures league, $250 is what a experienced trader may spend in commissions each day. So I would give it a whirl for a month. For more info on futures try this site.

smotass.net

There are a few links there for beginning traders in futures.
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