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Re: FUT: S&P trading tactics


  • To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
  • Subject: Re: FUT: S&P trading tactics
  • From: Patrick Slevin <pslevin@xxxxxxxx>
  • Date: Fri, 27 Feb 1998 21:53:14 -0800 (PST)
  • In-reply-to: <199802270003.QAA10044@xxxxxxxxxxxxx>

PureBytes Links

Trading Reference Links

I trade SnPs every day. My suggestion, for whatever it is worth, is to
trade it no more than twice a day.

--PJS


Troy Kelley wrote:
> 
> Traders,
> 
> I am about to start trading the S&P within a few weeks. I have been
> paper trading, and I have been pleased with the results so far. Two
> questions for you experienced S&P traders.
> 
> How many S&P trades during the day would be too many?
> 
> I am thinking that I just want to catch the big morning swings and big
> afternoon swings, which would be about 4 trades max per day. But I have
> heard of some experienced traders taking 7 to 8 trades in a day.
> 
> Do you trade during the lunch time lull from 11:30 to 1:30?
> 
> My system seems to work well during this time frame, but the moves tend
> to be pretty small, so why bother? Or is the leverage enough on the S&P
> that even if you catch 3/4ths of a point it is worth it.
> 
> Thanks
> Troy