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

To: Atin who wrote (42777)	12/22/2000 9:57:03 AM
From: Patrick Slevin	Respond to of 44573

Trading Currency is easier, actually. You do not have as much in the way of profit potential unless you are trading Large but it's more consistent. TD told me the morning of the Low in March EC he was going to take it Long at the Open. That was about October 25th. He is up around 10 points for $12,500 I think. One of those "put the trade on and go back to sleep" trades. You do not have to even watch it. In my case I have a Stop so whatever it does is okee-fine. Margin is something like $600 Initial and $400 Maintenance so it's not even a drain on the account. A strong move allows only for tip money but it is sort of like having a small business on the side that runs itself.

To: Atin who wrote (42777)	12/22/2000 10:10:12 AM
From: SE	Read Replies (1) \| Respond to of 44573

Atin, This is not playing out today, obviously. I think it shall resemble 7-7-00 which had a strong up move early on, then flat most of the rest of the day. Makes sense due to the holiday and all. I think I might call it a day and work on other stuff. Some days are just not THE days. -Scoot