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> From: TomKochik@xxxxxxx
> Date: Tue, 16 Jun 1998 05:58:59 EDT
> I ve just came accross an thought. Would you rather say its better taking
> position in the S&P 500 Futures for say 0.5 point instead of 1 point ?
> Lets say I think the market will go up so I take a long position - call my
> broker and say I want to buy @ market and then as soon as I got filled I would
> figure the point Value goal say 1 point and place that sell @ limit 1point + ,
That limit order is really going to restrict what you can make. I'm
sure many times your order will be hit as the S&P goes on to a 3 or 4
point gain in the next 10 minutes. You need to try to hang in there
if market conditions are favorable and hope you can catch one of the
big moves.
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