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

To: Gary E who wrote (27677)	7/14/1999 4:40:00 PM
From: Nemer	Read Replies (1) \| Respond to of 44573

Hal, for me to attempt to lower my expectations down to two points profit and one to one and a half point loss the trading costs must get below a half point ... When I open a position with a market buy and/or close it with a market sell ... one full point is realistic and at that point I must seek more than a two point profit goal ... Now, this doesn't mean that I will take my 2 points blindly and run but most of the time my trailing stop will get me out there or close to it so I can maintain profitability ..... I position traded for a lot of years and the risk exposure is too great for me now ... at my time of life and at my asset allocation. The scalping on 5 contract at the 10 buck range of commish only requires 12.5k account size .... and I really like that for I can calculate the ROI ...... ggggg Of course, Peter opened an account with the folks and they changed the rules on him AFTER .... raised the $2500 per contract amount .... I'm still checking out some brokers ...... My highly limited trades with the large has left me in limbo (not knowing if I were filled, if I were covered, if I were stopped out, etc ..) I've personally watched PatrickCelticWarlordCheiftan and KING of the LARGE remain very calm in the face of this uncertainity and say ... "well, I 'know' they got it done .... " I was climbing the walls just watching and listening to him trade on a cell phone and a Bloomie screen from CNBC ..... NOT FOR ME ........LOL