3 for 3 today. Nice finish to the week, even though none of the winners were for much $$$.
Man, I am catching “futures fever.” I even made a trade on SPY today, for heaven’s sake. Yeah, it’s just a matter of time, now. I went to the TradeStation account forms last night, even, but stopped because the first page said 1 of 5. Five pages of forms…. uhhh… maybe this weekend. I am a lazy lazy bastard. But, I have always wanted to do some TS programming, and moving $6k or so into a futures account would be a cheap way to get into that. Still thinking about it.
(not to mention, the futures mavens in the eot room did way better in the ES today than I did in equities, and they didn’t have to frantically flip from chart to chart all day looking for setups!)
September 15th, 2007 at 12:50 am
Dude, I love your blog. We seem kind of similar I think as far as trading goes. I’ll be subscribing to your rss for sure. :)
September 15th, 2007 at 12:05 pm
I’m glad you like it, Dan. Thanks for stopping by!
September 16th, 2007 at 11:46 am
richard: i’ve maintained without proof in my own results that trading futures is not harder than trading stocks — its only different…watching one or two markets is not as frenetic as going thru a large watchlist throughout the day…often times i trade out of boredom which is a killer, but i’ve seen u go days at a time without making a single trade…u obviously understand price action, and are disciplined…i look forward to seeing u prosper in the futures arena…btw, if u trade oil, i just hope i’m not on the other side :-)
September 16th, 2007 at 12:02 pm
i’m glad to see u catching futures fever…now u can prove my point (since i can’t) that futures trading is not harder than stocks (only different)…u understand price action, and are disciplined, so u should do very well in the futures arena…btw, there are some suckers in the oil market (mainly me), so add that to your watchlist as well
September 16th, 2007 at 3:24 pm
I am very close to taking the dive. I filled out the TS account forms yesterday. I assume Monday morning I will be approved, and then I can fax them my sole proprietorship forms and initiate a wire transfer. Hopefully I’ll be trading live by 9/24 or so. I will probably pay for an equities Level 1 feed (I assume I can do that even though it is a “futures” account), so that I can make and apply custum indicators to stocks as well. Then I’ll execute trades from my normal broker’s platform. It should be a lot of fun. We’ll see…
btw your comments were all marked as spam, even though you didn’t even have any links in them… you must talk like a spammer! Hopefully you are whitelisted now…