E-mini and S&P Futures Trading Discussion in Realtime Message Board

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Strategies & Market Trends : E-mini and S&P Futures Trading Discussion in Realtime

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To: Jay Baca who wrote (85)	5/29/1999 12:39:00 AM
From: Michael A. Martin	Read Replies (3) of 119

Jay, I'm all for trying to keep this site going. I have been an active short term trader of stocks for about 14 years now. Tried a stab a options on the OEX and the time decay killed my positions even though the positions would move in the direction I called (time decay) will get you everytime. Well for the past two weeks now I have been taking a stab at the S&P 500 (1) contract for 4+ point moves. I usually don't like to hold overnight positions with the big contract so I will close it out and maybe put on some mini's for an overnight, if I fell pretty confident. I think it more like a fear of waking up the next day and being down $5,000.00 or so that I put on the mini's. I base my trading decisions on Technical Analysis. How do you base your trading decisions? I hope more people will join us in sharing ideas on trading the S&P500!

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