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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (7954)11/5/1998 10:45:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
Bob is talking about a positional system so the turns should not be so quick that the commission charges are a high % of the trade.

Hell, he's trading SPX Options now, what could that cost?

The variance in SPX Options vs trading the Mini is drop dead serious. Why trade a decaying instrument when you can trade (basically) the underlying for roughly the same margin .....of course you have more risk but unless both your computers shut down at the same time you will be on top of it in any event. And who ever heard of having a problem with computers, anyway?

The tough thing about trading the Mini is that everyone thinks you are nuts. "Stocks my friend. Stay away from the Futures market they will strip you blind!!!" People ask me what the market did today and I don't know. "Well, you were watching it all day, weren't you?"

Yes, the dees spoo was up 1570.

"Da what?"
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