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Strategies & Market Trends
S&P Index Futures (Daytrading SP)

An SI Board Since November 1997

Posts	SubjectMarks	Bans
350	12	0

Emcee: Jay Baca	Type: Unmoderated

Introduction Compact

Welcome. I'm thinking about Daytrading S&P Index Futures. I'm
not into commodities, strictly stocks and options, but tracking
all the companies takes a lot of time. I figured if I concentrate
on one thing (spx) I'll do better and save more time.

This is new to me. I need advice, and am willing to share what
I learn as I go along. Are their any experienced SP daytraders
who can help?

They cut the SP in half. One point move is now worth $250.
The margin is around $12,000. But if you daytrade, some brokers
will let you trade with a $5,000. margin. Round turn commission
is around $25. Less if you trade a lot.

I recieved information from Lind-Waldock, Jack Carl and other Brokers.

They also have the new E-mini which is now 1/5 of the SP. You can
trade around the clock (23 hours) which comes in handy when Intel
or Microsoft announce earnings after the close.

Please feel to make comments. You can ask questions, but I have
no actual experience trading and am just starting.

J

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
350	test	clutterer	-	9/13/2008
349	No FREE advertising. Bye Bye	Cheeky Kid	-	10/8/2007
348	Kenison Counting Numbers? naaa, i subscribe to the Burton Counting Numbers let	lassic	-	11/16/2006
347	PRECISION MARKET TIMING...BY THE NUMBERS! In the next 10 minutes, I'm g	Bruce Kenison	-	10/6/2006
346	No, sorry I wouldn't know where to find that data. Dave	Dave Bissett	-	9/12/2005
345	Ok, here's another post! Can you tell me where I can find historic data of d	Murray Grummitt	-	9/11/2005
344	This is sad...not a single post in 5 years!!! Time was when these boards were s	Dave Bissett	-	8/2/2005
343	Those arent the symbols for the big SPX and NQ futures are they?	harry50	-	7/30/2005
342	Using quote.com... emini SP = ES00M emini NDX = NQ00M They follow the "b	Michael Watkins	-	4/28/2000
341	Anyone here have any links to free real time or delayed Nasdaq, S&P, and/or	John F.	-	4/27/2000
340	Short 1@ 1356.2	Rare Bear	-	2/23/2000
339	Buy 1@ 1391...at this time +3 real time...15:42 looks as though the SI clock	Rare Bear	-	2/16/2000
338	SAR 1394 -2	Rare Bear	-	2/16/2000
337	Long @1396	Rare Bear	-	2/16/2000
336	Rare Cub, ...makes about three trades a day He must be a scalper. I've be	fut_trade	-	2/15/2000
335	Peter, We do trade everyday.....My dad has been trading since 1986....I starte	Rare Bear	-	2/15/2000
334	Still trading? What is your strategy?	fut_trade	-	2/15/2000
333	Buy 1 @ 1440.50	Rare Bear	-	2/9/2000
332	Buy 1 @ 1439.50 +6.3	Rare Bear	-	2/9/2000
331	Short @1445.80	Rare Bear	-	2/9/2000
330	Thanks for all the help, Jay. It takes all to make profits in the market.....	Rare Bear	-	1/24/2000
329	I take it when you start trading real money you'll be trading the e-mini, r	Jay Baca	-	1/22/2000
328	Oh forget it those people are no good...just like me!!! I'll try again tomo	Rare Bear	-	1/20/2000
327	buy 1 1461.5	Rare Bear	-	1/20/2000
326	sell 1 1462.0	Rare Bear	-	1/20/2000

Go to reply# or date (mm/dd/yy):