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


To: SE who wrote (5048)10/1/1998 9:23:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
New limit move collars starting today.....

-Scott
-----------------------

Effective today and in accord with the Exchange's policy of updating them
quarterly, the calculation of collar prices for S&P and E-Mini Futures has
been changed from 2700 points to 2500 points. This is the maximum
fluctuation both up and down during the evening GLOBEX session. The
secondary limits on the downside during the day session are at 5000
points, 10000 points, and 20000 points. If you have any questions on
these limits and how they are applied, please refer to the CME's website
at

cme.com




To: SE who wrote (5048)10/1/1998 9:45:00 AM
From: coug  Read Replies (1) | Respond to of 44573
 
Good morning Scott and all,

While I am waiting to get a signal, I will comment on the
pros and cons of cloely monitoring these type of boards.
The benfits are: I LEARN
1. There is always somebody on the other side to take my trade.
I now know why my bad trades didn't work.. The whole planet
didn't see it my way.. This IMO shows why completely different
systems can be successful through time if good money management
is used.
2. I have the same frustrations as all traders.. missing the
cinch trade, getting stopped out slightly too soon.(thats
my biggest problem), leaving too much on the table, etc.

3. The comraderie; it is a lonely business

The Cons:

I still get twisted by and sometimes influenced by other opinions
which.. helps me understand the other side.. which ..validates
my opinion NOT to have a preconceived market direction.
which... means its time to quit.. and start the day..

Good luck all............ the Coug