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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 (26828)7/2/1999 3:14:00 PM
From: Gary E  Respond to of 44573
 
Gulp,,,1420 uhh, got OJ's car phone # ?



To: SE who wrote (26828)7/2/1999 3:14:00 PM
From: Nemer  Read Replies (1) | Respond to of 44573
 
For a Real Trade ///

I contemplated attempting a simple long/short straddle strategy at 1401 ...

would've tried to close out the wrong position at one point or less and let the correct one run trying to make two or three points total profit ....

couldn't have done that with the contest, cause the point fee would be too high ....

example of now ...
would've gone long/short both at 1401
would've bought to cover at 1402
making a one point + com cost
currently trading at 1403
so I would set the stop at 1402 and sell out at 1404 for a little profit ...

let's see how it would've worked
the market is moving slow today and the bonds closed an hour early ...

and I'm still too chicken ....