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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (25636)	6/21/1999 4:52:00 PM
From: Chip McVickar	Respond to of 44573

Sounds Good June 15th...Can I go back and start on that day with a few Longs at 1300

To: SE who wrote (25636)	6/21/1999 5:15:00 PM
From: Nemer	Read Replies (1) \| Respond to of 44573

1. Contest Duration: June 15, 1999 to July 30, 1999. hmmmmm --- Those 10 I was long on from about 10am 6/15/99 --- seems as if I remember those longs just like it were a few minutes ago ... I really came to love them cause I thought I stole them at 1308 or somewhere in that neighborhood, but I happen to recall closing out those pups late this afternoon at 1364.25 ... just after 4pm today ..... now that comes to ... that is 10 times ..... and err.... heck, you're the accountant ... just HOW far up am I ? he he he he

To: SE who wrote (25636)	8/4/1999 4:57:00 PM
From: SE	Read Replies (9) \| Respond to of 44573

Systems II Contest: 1. Contest Duration: August 9, 1999 to September 17, 1999. 2. I will post an up-date nightly (although I say this, it might occasionally be every other day so don't get on me about that!) 3. Can only trade SPOOS…..we are trading for total points earned. Pricing will be based on the mini, Ticker symbol ES9U. The reason for this is mini quotes are free real time, SPOO quotes are not. 4. For each trade (round-turn) there will be deducted 1 full point per contract for commission and slippage. 5. Trading will not be restricted. However, you have to post to the thread your trades as they happen. 6. I cannot possibly monitor everyone. Who has time! So, this is going to be an honor system to some degree. You have to post your trades to the thread as indicated in point 5. Then nightly after the market closes, you must post your daily positions as follows: Carry over from yesterday: Long 2 at 1378, closed at 1385 - points 14 New Trades today: Long 2 at 1390.75 -- out at 1394.25 -- points 7 Long 2 at 1387 -- out at 1388.50 -- points 3 Short 2 at 1388 -- Still Open total new trades 3 total new contracts 6 total closed fees 6 total open fees 2 total points 24 The reason for the posting like this is that it makes it real easy to track in the worksheets. Please follow this format exactly. Book mark this post for reference. 7. Orders will all be considered MIT, unless a price is specified. It is up to the individual participants to track their own orders and market flow. In other words, you put on a stop at 1310, I am not going to recheck to see if 1310 was actually hit. You must monitor your own trades. I will spot check from time to time as I trust other participants will as well. 8. You can only carry up to 10 contracts total. How you get to 10 is up to you, but no more than 10 contracts. 9. If at any time you are down a cumulative 300 points, you are out of the contest. This will eliminate the buy 10 and hold and will require you to manage your trades appropriately, just like in real life. 10. I understand there is a delay in entering orders from the time you decide to do something. If you decide to do a market trade and you can post it immediately, then the market price is what you get. However, if you have SI access trouble or your ISP goes down or whatever, your trade price will be the current spoo price when you are finally able to post. This will attempt to mimic the problems that can occur with trading on line! :) Again, I will not be checking everyone's time of post to the spoo price, but it is understood that the only trades that take place are those when you can post to SI. Also, I know SI's clock is not the same as the CME time and sales clock, so there is little way I could track this detail if I wanted to. Of course open limits and stops will take place at the price indicated on those orders regardless of whether you can post to SI at that time or not. 11. Trading will be done via RTH only. No Globex orders. That would only confuse things more. 12. Have Fun! For now this is open to 10 participants. If people post there daily totals as I have described above, my time investment in tracking should be kept relatively minimal. -Scott PS - Currently Hal and SE are in. I will hold an 11th spot open for Tom should he decide to join us. SPS - I have a title to defend so don't anyone go getting cocky and thinking they will take me down! This is war!