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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 (34196)9/22/1999 6:20:00 PM
From: RestingDear  Read Replies (1) | Respond to of 44573
 
Did anyone try the Turtle Soup today in the SP99Z today?



To: Gary E who wrote (34196)9/22/1999 9:01:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Well what he said was 4 Buys and 4 Sells.

So let's say I Buy 3 times and cover.....

Then I Sell once and cover.

Now....did I Buy 4 Times and Sell 4 Times or did I Buy 3 Times and Sell once?

Me, I'm not in, no. I never agreed with the rules

(not these rules, the rules on slippage and so forth. For example, if I posted that I have a Limit Buy at 1320 even why should I be penalized for slippage? The only Slippage I could get would be positive. Not only that, but I've traded the Small Contract and my experience is that I rarely get Negative Slippage.)

But I would only be able to post perhaps two or three trades a day anyway at most.

Now, having said that.....sure I'm in if there is room. But I'll do it almost as Position trading. Only one or two trades a day. If I do more than that I won't be able to keep up with regular work so I'll just have to consider my Entries and Exits prior to the Open and declare the first trade early I imagine, the Second....if there is one.....by mid day and leave it at two trades total....Round Trip.

Now, what's the deal, anything up to 10 Small Contracts using the Initial Margin?