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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (47826)	7/15/1998 4:33:00 PM
From: Thomas Winklhofer	Read Replies (2) \| Respond to of 58727

Thank you for answering. I hope you don't mind calling you Patrick and sorry that I haven't asked. I'll check the cme site for a broker list. > Trades over here vary from 16/20 dollars all the way up to a > hundred, from what I'm told. Normal is 20 to 40 and I pay 30. > Plus a couple/three dollars in fees. Ok, my broker takes 20 dollars half turn. That seems ok. But they take 150 percent of the margin required in the states. > It's funny you should mention most people lose money with > futures because I was just going through that today. > I believe that if a positional traders "wins" better > than 40% of the time s/he is doing well. Because a > positional trader cuts the trade quickly on a stop loss. Isn't it the bottom line that counts ;-))) The percent of winning trades is not all for me. There could be many small wins compared with few big losses. I take some more parameters to evaluate. everybody should convince him/herself why to trade futures. I'm ready now to start. I'm not a day trader, because I don't have the time. My day time job (in Germany) requires my attention. I like the Russell2000 index, because there is less 'noise' compared with other indexes like SP500 and SP100. My system based on daily data lists since April 93 a total net profit of 788 index points, 184 winning and 121 losing trades, total amount of winning trades is 968 points and losing -179 points. Regards Thomas