PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Hi RTs,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>Thanks to all who took the time to respond to my questions. I
should have pointed out that since I trade commodities, exchange fees are the
greatest part of realtime data expenses. It was with this in mind that I
considered a web-based data service that could be an affordable alternative to
what currently exists. There are already free and inexpensive real-time services
on the internet for stocks (<A
href="http://www.freerealtime.com">www.freerealtime.com</A>), so it would serve
no useful purpose to try to compete in that arena. As far as providing real-time
data and charting for futures, there's no legal way around those exchange fees
(and the cost for data which could be redistributed is prohibitive, at least
initially - hence, not much chance of providing an affordable quality service.
It would appear that the idea was stillborn - not much of a surprise,
really.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Regards,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Dennis C.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 12 12:08:43 1999
Received: from list.listserver.com (198.68.191.15)
by mail05.rapidsite.net (RS ver 1.0.2) with SMTP id 2641
for <neal@xxxxxxxxxxxxx>; Tue, 12 Jan 1999 15:09:21 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id LAA16551;
Tue, 12 Jan 1999 11:58:32 -0800 (PST)
Received: from elmls02.ce.mediaone.net (elmls02.ce.mediaone.net [24.131.128.27])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id LAA16370
for <realtraders@xxxxxxxxxxxxxx>; Tue, 12 Jan 1999 11:56:23 -0800 (PST)
Received: from oemcomputer (d146-2.ce.mediaone.net [24.131.146.2])
by elmls02.ce.mediaone.net (8.8.7/8.8.7) with SMTP id NAA09208
for <realtraders@xxxxxxxxxxxxxx>; Tue, 12 Jan 1999 13:56:21 -0600 (CST)
Message-Id: <031801be3e65$a0ef2a00$02928318@xxxxxxxxxxxxxxxxxxxxxxxxxxx>
Date: Tue, 12 Jan 1999 13:56:22 -0600
Reply-To: gmkramer@xxxxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Gary Kramer" <gmkramer@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Scalping Help!
MIME-Version: 1.0
Content-Type: multipart/alternative;
boundary="----=_NextPart_000_0315_01BE3E33.56119680"
X-To: "RealTraders Discussion Group" <realtraders@xxxxxxxxxxxxxx>
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 4.72.3110.1
X-MIMEOLE: Produced By Microsoft MimeOLE V4.72.3110.3
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 248d4c46f0b40bd6d16b5867f9e04e8b
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><EM><FONT color=#000000 size=2>I have been day trading Spoos for about 5.5
months now and have a dilemma. When I first started out, I scalped the
market and made 1-2 points per trade and was making money consistently. I
was using retracements as the basis for my trades. Everything I read and
everyone I listened to suggested that in order to succeed, i needed to let
profits run. I noticed that I left a lot on the table so I investigated a
whole bunch of other systems. Nonetheless, even though the systems worked,
they did not work for me. I just couldnt let my profits run and I wasnt
good at implementing the strategies. My confidence soured and I reverted
back to the scalping to get my equity and confidence back. Again, I tried
other strategies and failed. I am back to scalping and feel real
good about it. I have a friend who guarantees that I will fail if i
scalp. I have looked back at hundreds of charts and recognize that based
on my strategy of buying or selling pullbacks, the success rate is near 80% with
objectives of 1.5-2 points. The question is: can I make money?
I have done so, am doing so now, but its bothering me that this buddy of mine
insists that it cant be done. </FONT></EM></DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM><EM><FONT color=#000000
size=2> BTW, I always have a 2 point stop in!</FONT></EM></DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM> </DIV>
<DIV><EM><FONT size=2>Any words of wisdom would be most
appreciated!</FONT></EM></DIV>
<DIV><EM><FONT size=2></FONT></EM> </DIV>
<DIV><EM><FONT size=2>Thanks</FONT></EM></DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM> </DIV>
<DIV><EM><FONT color=#000000 size=2></FONT></EM> </DIV>
<DIV><EM><FONT color=#000000 size=2><BR>Gary
Kramer<BR></FONT></EM></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 12 12:12:24 1999
Received: from list.listserver.com (198.68.191.15)
by mail05.rapidsite.net (RS ver 1.0.2) with SMTP id 1331
for <neal@xxxxxxxxxxxxx>; Tue, 12 Jan 1999 15:13:05 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id MAA17069;
Tue, 12 Jan 1999 12:02:23 -0800 (PST)
Received: from elmls02.ce.mediaone.net (elmls02.ce.mediaone.net [24.131.128.27])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id LAA16424
for <realtraders@xxxxxxxxxxxxxx>; Tue, 12 Jan 1999 11:57:08 -0800 (PST)
Received: from oemcomputer (d146-2.ce.mediaone.net [24.131.146.2])
by elmls02.ce.mediaone.net (8.8.7/8.8.7) with SMTP id NAA09366;
Tue, 12 Jan 1999 13:57:05 -0600 (CST)
Message-Id: <031d01be3e65$bae5e480$02928318@xxxxxxxxxxxxxxxxxxxxxxxxxxx>
Date: Tue, 12 Jan 1999 13:57:05 -0600
Reply-To: gmkramer@xxxxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Gary Kramer" <gmkramer@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: NASDAQ INDEX
MIME-Version: 1.0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
X-To: <harlequin.stone@xxxxxxxxxxxxxxxx>,
"RealTraders Discussion Group" <realtraders@xxxxxxxxxxxxxx>
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 4.72.3110.1
X-MIMEOLE: Produced By Microsoft MimeOLE V4.72.3110.3
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 47bfc098f48d67335321506b4d192aa7
Rydex has a fund that tracks the Nasdaq 100
-----Original Message-----
From: Ruth Alexander <harlequin.stone@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, January 12, 1999 1:54 PM
Subject: NASDAQ INDEX
>Would anyone know of a mutual fund that follows the NASDAQ?
>
>Thanks,
>Ruth
>
|