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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 (15614)2/16/1999 4:28:00 PM
From: Chip McVickar  Respond to of 44573
 
Hi Scott,

Sold the Long at 1241.00spx [paper]

Scott you are very observant.....
And I Thank You for the Council.
I have no idea as to the slipage and complications of entering
quick trades on the mini's/options. I expect there will be a steep
learning curve when this finally occurs.

This computer gets upgraded shortly and then a few more pieces to
the trading puzzle can be put into place. I could not trade this way
picking up the phone and calling a broker....nor pushing telephone
buttons.

I'm not sure it could be done off the computer either....unless I was
plugged right into the floor. That's not going to happen. What I want
to happen and what actually takes place will be an eye-opener.
But some of these trade would work out....I hope?

So you are absolutely correct, I must get closer to the reality of
placing orders and following the vehicle I will be Trading.
I promise to do this before placing my first Live Order.

I've started to work backwards now and look more at position trading
over longer periods. The signals from the forks are the same, but the
positioning is different. These daily small forks are very useful and
are filled with instruction for the eye. Everything interday applies
to larger forks. I hope to extend out to a few days if not weeks.
Thanks Again
Chip