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Infinity_Tom

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Everything posted by Infinity_Tom

  1. Hi Armand, * There are no Inactivity fees with Infinity. * There are no minimum trading requirements. * Minimum account size is $2500 * $500 Daytrade Margins for Eminis, YM PM me for further details or go here --> http://www.infinityfutures.com/demoforms/IATdemo.aspx?ref=tdlb for a free 30 day demo.
  2. Hi Reaver, There are many exit strategies available. Sometimes a simple in / out works best. This is a great forum and I truly enjoy interacting with traders. I know it takes guts and determination to do what you do. Best of luck to you all. Tom
  3. Hi Brownsfan, You are right of course. Everyone has their own style of trading and must use what works for them. Tom
  4. New CME Group Seminar: Handling Exaggerated Trading Emotions October 16, 2007, 3:30 p.m. Central Time Attend In Person or Online CME Auditorium, 20 South Wacker Drive Chicago, IL 60606 Speakers Denise Shull, M.A. and Professional Trading Coach Special Guest: Mark Trimble, CME Member Moderator: James E. Oliff Join Denise Shull, back by popular demand from last fall's Peak Performance ElectronicTrading panel, as she discusses a revolutionary approach to emotions and trading that is redefining the world of trading psychology. Learn techniques to help you identify and manage trading emotions and pave the way to dramatically increased performance. Register at www.cme.com/shullevent.
  5. Hi Guys, I have seen a lot of stop loss, trailing stop, and other exit strategies used. I have used many exit strategies my self when i was trading in the dow pit. I have found while trading my own account (years ago) and watching others trading now that one of the biggest problem traders have is not letting their winners run. I agree that being too aggressive moving stops will only get you stopped out before you get a chance to catch a big run. Markets are very volatile and big runs happen often. Don't use a trailing stop. Use a multiple bracket order strategy. Lets say you set up a 3 lot multi bracket stragegy with a 10 tick stop, one lot limit profit order at 5 ticks, one lot limit at 7 ticks and one lot at 10 ticks. Once your entry order is filled lets say in the ESZ7 you buy a three lot at 1570.00. You will immediately have a 3 lot sell stop working at 1567.50. You will have a 1 lot sell limit at 1571.25, a 1 lot sell at 1571.75, and 1 lot sell at 1572.50. Ok, you are definitely protected by your sell stop. What you do is cancel the highest sell limit at 1572.50. What will happen if the market breaks is you will be stopped out, but if it rallies your 2 limit sell orders will be filled leaving you long 1 lot with an unlimited upside potential and a 1 lot stop. Now move the stop where you want to lock in a profit etc. If you catch a run you will maximize your profit. Just my 2 cents. Tom
  6. Dear Traders, On Monday October 22, CME will be introducing futures on the MSCI Emerging Markets Index. A couple of brief items for your review. * Attached are two pdf files. One contains a 1 page term sheet with the basics. The second contains the brochure for the product with additional information such as countries in the index and the top components and additional details/contract highlights. * Volatility in MSCI's Emerging Market Index is substantially higher than most other major broad based indexes including the S&P 500 and MSCI EAFE. Hence trading opportunities should be numerous. * CME exchange listed margin is expected to be $4,600. Infinity AT daytrade margin will be $500. Market will trade on Globex virtually 24 Hours a day. EQ-135_MSCI_emBro_ElectronicFINAL.pdf msci_em termsheet20070925.pdf
  7. Hi Notouch, Obviously I'm biased, but your broker is there to help you manage risk and work with you. This is one reason why I'm able to offer considerably lower margins than other "anonymous" firms. In addition I'm in the service business so if a platform ever goes down (which they all do from time to time), my clients call me directly and I execute any trade for them immediately for no extra charge. I'm a back up thats it. Best regards, Tom
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