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How do you trade on Globex ? Is there a special broker to use? Capital
requirements ?
Thanks
JB
On Fri, 23 Jan 1998 15:26:02 -0800 "Steven Buss" <sbuss@xxxxxxxxxxx>
writes:
>As mysterious as "overnight trading" may sound, I've come to believe
>that
>it's easier to trade S&Ps on Globex than during the day (not that one
>can't
>be successful during the day also <G>).
>
>The reason for this is that, although the trading volume is thinner,
>the
>speed with which small players must move to avoid losing their shirt
>is
>dramatically reduced most of (but not all) the time.
>
>The technical indicators that would lead one to be successful during
>the day
>(if only it didn't move so quickly) work the same way that they do at
>night,
>albeit sometimes they look a bit more erratic because of more price
>gaps due
>to volume thinness in the middle of the night. They just (usually)
>move in
>slower motion.
>
>The one problem is that one can't place stop orders on Globex. So, if
>you're small like me you pretty much have to devote yourself to
>watching the
>screen for a few hours...
>
>I thought this would be interesting to the list given Equis delivering
>a RT
>product at some point.
>
>Steven Buss
>Walnut Creek, CA
>sbuss@xxxxxxxxxxx
>
>
>
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