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<DIV><SPAN class=830021803-25012000>Patrick,</SPAN></DIV>
<DIV><SPAN class=830021803-25012000></SPAN> </DIV>
<DIV><SPAN class=830021803-25012000>That is the correct contract, but the symbol
is <U>EC.</U></SPAN></DIV>
<P>Warren Goldstein<BR>Informational Commodity Trading Advisor<BR>Email: <A
href="mailto:wsg@xxxxxxxxxxxxxxxxxx";>wsg@xxxxxxxxxxxxxx<SPAN
class=830021803-25012000>.</SPAN>com</A><BR>Website: <A
href="http://www.wsginvestments.com";>www.wsginvestments<SPAN
class=830021803-25012000>.</SPAN>com</A><BR><FONT face=Tahoma size=2><SPAN
class=830021803-25012000><FONT face="Times New Roman"
size=3> </FONT></SPAN></FONT></P>
<P><FONT face=Tahoma size=2><SPAN
class=830021803-25012000></SPAN></FONT> </P>
<P><FONT face=Tahoma size=2><SPAN
class=830021803-25012000> </SPAN>-----Original Message-----<BR><B>From:</B>
listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]<B>On Behalf Of
</B>Patrick<BR><B>Sent:</B> Monday, January 24, 2000 7:51 PM<BR><B>To:</B>
realtraders@xxxxxxxxxxxxxxx<BR><B>Subject:</B> [RT] Is this the correct
Euro<BR><BR></P>
<BLOCKQUOTE style="MARGIN-RIGHT: 0px"></FONT>
<DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>I had many responces saying the Euro symbol is EU but all
I can find on the CME site is the EUROFX. Is this the Euro futures
that uses the symbol EU? </FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><B>CME EuroFX Futures:<BR>Settlement Prices as of 01/24/00 03:00 PM
</B><TT><PRE>MTH/ ---- DAILY ----
STRIKE OPEN HIGH LOW LAST SETT VOL INT
<BR>
MAR00 1.0079 1.0105 1.0037 1.0081 1.0079 15633 63167
JUN00 1.0144 1.0147B 1.0114A 1.0147B 1.0151 56 261
SEP00 1.0207 1.0207 1.0207 1.0207 1.0217 99
DEC00 ---- ---- ---- ---- 1.0283 14
TOTAL VOL OPEN INT.
TOTAL 15689 63541</PRE></TT></DIV></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Jan 24 19:42:21 2000
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Date: Mon, 24 Jan 2000 21:25:53 -0600
From: Bob Heisler <bheisler@xxxxxxxxxx>
Subject: [RT] 3 ES vs. 1 SP - Which is better?
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<DIV><FONT color=#000000 face=Verdana size=2>I received several responses about
this from my earlier post so I thought I would elaborate just a little. I
would like to preface this with a couple of comments. First, it is my firm
belief that a trader should not even be trading the stock index futures until
they have been able to perform consistently in other markets like US/SF.
Secondly, I don't think these ideas are right because they are mine (they're
not) but because they work - and work consistently. </FONT></DIV>
<DIV><FONT color=#000000 face=Verdana size=2></FONT> </DIV>
<DIV><FONT face=Verdana size=2>As I mentioned earlier, I think trading with
1-lots is a losing proposition as it puts the math of trading against you.
But rather than preach about this, I thought I would pose a few questions to
think about:</FONT></DIV>
<UL>
<LI><FONT face=Verdana size=2>How many options do you have with just 1
contract? With 3?</FONT></LI>
<LI><FONT face=Verdana size=2>What's the largest move you ever caught with 1
contract?</FONT></LI>
<LI><FONT face=Verdana size=2>Are your losers basically the same size as
your winners?</FONT></LI>
<LI><FONT face=Verdana size=2></FONT><FONT color=#000000 face=Verdana
size=2>Where do you exit with only 1? (and when you do hopefully it's not on
a retracement)</FONT></LI>
<LI><FONT color=#000000 face=Verdana size=2></FONT><FONT face=Verdana
size=2>What happens after your first objective is hit? (and hopefully
you have objectives on each trade based upon the price action and not a
fixed profit target)</FONT></LI>
<LI><FONT face=Verdana size=2>In most cases, if not all, won't that decision
to exit with just 1 be wrong?</FONT></LI>
<LI><FONT face=Verdana size=2>What happens if the market continues in the
direction of the trade? Where/how do you get back in?</FONT></LI>
<LI><FONT face=Verdana size=2>How many times have you said to yourself -
"if I would have just held on a little longer?"</FONT></LI>
<LI><FONT face=Verdana size=2>How many times have you got your 2 points (or
whatever) and then watched the market go another 12+ (or 30+ like today and
several other days this year) and you missed that move?</FONT></LI>
<LI><FONT face=Verdana size=2>How many times did you have your two points
(or whatever) only to give it back and maybe even lose on that
trade?</FONT></LI>
<LI><FONT face=Verdana size=2>How do you stay with the large moves the
market makes on a daily basis? (trailing stops is incorrect)</FONT></LI>
<LI><FONT face=Verdana size=2></FONT><FONT face=Verdana size=2>Is the
initial risk more on 3 ES or 1 SP?</FONT></LI>
<LI><FONT face=Verdana size=2>What if you took profits on 2 out of the 3
contracts and left the last one in? Or 1-1-1?</FONT></LI>
<LI><FONT face=Verdana size=2></FONT><FONT color=#000000 size=2><FONT
face=Verdana>If you took 2 points on the first 2 contracts, isn't the last 1
left now basically "free" and the trade guaranteed to make a
profit?</FONT></FONT></LI>
<LI><FONT color=#000000 size=2><FONT face=Verdana></FONT></FONT><FONT
face=Verdana size=2>How do you ever learn how to manage a position with just
1 contract?</FONT></LI>
<LI><FONT face=Verdana size=2>How do you adjust your game plan to the
conditions with only 1 contract?</FONT></LI></UL>
<DIV>
<DIV><FONT color=#000000 face=Verdana size=2>Today was a FANTASTIC day to
trade. You could have "had a good month today" as my mentor
says. How did you do trading 1-lots when the ND had a 263 point range and
the S&P had a 62 point range? (and may we have many more days just like
today - up or down)</FONT></DIV>
<DIV><FONT color=#000000 face=Verdana size=2></FONT> </DIV></DIV>
<DIV><FONT color=#000000 size=2><FONT face=Verdana></FONT></FONT><FONT
color=#000000 face=Verdana size=2>I know some of you are thinking that
commissions are too high with 3 ES. My reply is don't let pennies get in
the way of dollars. There are several brokers offering rates on the Mini
contracts between $9-$13 RT all in depending upon volume, experience, etc.
If you are paying more then talk to your current broker and/or shop
around. I should add that I have a different philosophy regarding Mini
contracts versus pit traded contracts as far as commissions are concerned.
I expect to pay less for Minis assuming a Globex API, but a good broker
providing good service on the pit traded contracts is worth much higher rates -
and deserves higher rates.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 face=Verdana size=2>I am sure I have left out a couple
of points, but hopefully this makes some sense. Today was exhilarating and
I love these kind of days, but they can wear you out a little.</FONT></DIV>
<DIV><FONT color=#000000 face=Verdana size=2></FONT> </DIV>
<DIV><FONT face=Verdana size=2>Hope this helps,</FONT></DIV>
<DIV><FONT face=Verdana size=2></FONT> </DIV>
<DIV><FONT face=Verdana size=2>Bob Heisler</FONT></DIV>
<DIV><FONT face=Verdana size=2><A
href="http://www.rjhtrading.com";>www.rjhtrading.com</A></FONT></DIV>
<DIV><FONT face=Verdana size=2></FONT> </DIV>
<DIV><FONT face=Verdana size=2> </FONT></DIV>
<DIV><FONT face=Verdana size=2></FONT> </DIV>
<DIV><FONT color=#000000 face=Verdana size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 face=Verdana size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 face=Verdana size=2></FONT> </DIV></BODY></HTML>
</x-html>From ???@??? Mon Jan 24 20:22:10 2000
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From: hiltreal@xxxxxxxxxxxxxx
Message-Id: <200001250340.DAA20443@xxxxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] GEN:FOREX CAPITAL MANAGEMENT/CANTRANIS
Date: Tue, 25 Jan 2000 03:40:30
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Status:
Has anyone had any dealings with either Forex Capital Management or Peter Cantranis?
Hilton Glenn
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