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


To: Michael Watkins who wrote (44200)3/14/2001 1:23:22 PM
From: Patrick Slevin  Respond to of 44573
 
Yes, exactly the problem. With me, if I had more slack I could use a backup feed when QCharts is out but I need to know that the trade is valid before I get relaxed with it.

It's at 1168 now for example. Had the trade still been live from 1190 then QCharts could explode for all I would care. But when the trade is fresh I'm looking at quick twitch charts and the TS charts aren't set up that way.

Started setting it up that way about five minutes after the event. May as well, after all.

-------------

It comes down to the same old saw. You get what you pay for. Now these days I only trade mini contracts. So four mini's. Presume one comes off at 85, one at 80 and I'm riding two more down here below 1170. I do not know if I would have done it exactly that way, I would have to look at the charts and decide but for sake of example let us say that's the likely play.

So I lost $700. Instead, I would be ahead $750 closed out and over $2,000 marked to market.

So the money I save is not saved. The opportunity is lost, as is $700, and all to save a few bucks on the price of the bleacher seats.

Well, my son has arisen. I'm getting out of here; things to do. See you tomorrow.