S&P Index Futures (Daytrading SP) Message Board

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Moderated By: Jay Baca -- (Not Moderated) -- Started: 11/20/1997 5:49:00 PM Revision History

Welcome. I'm thinking about Daytrading S&P Index Futures. I'm
not into commodities, strictly stocks and options, but tracking
all the companies takes a lot of time. I figured if I concentrate
on one thing (spx) I'll do better and save more time.

This is new to me. I need advice, and am willing to share what
I learn as I go along. Are their any experienced SP daytraders
who can help?

They cut the SP in half. One point move is now worth $250.
The margin is around $12,000. But if you daytrade, some brokers
will let you trade with a $5,000. margin. Round turn commission
is around $25. Less if you trade a lot.

I recieved information from Lind-Waldock, Jack Carl and other Brokers.

They also have the new E-mini which is now 1/5 of the SP. You can
trade around the clock (23 hours) which comes in handy when Intel
or Microsoft announce earnings after the close.

Please feel to make comments. You can ask questions, but I have
no actual experience trading and am just starting.

J

Go to reply# or date (mm/dd/yy):

Reply	Subject	From	Recs	Date
349	No FREE advertising. Bye Bye	SI Spam Patrol (Cheeky Kid)	-	10/08/2007 11:13:42 AM
348	Kenison Counting Numbers? naaa, i subscribe to the Burton Counting Numbers	lassic	-	11/16/2006 12:08:34 PM
347	PRECISION MARKET TIMING...BY THE NUMBERS! In the next 10 minutes, I'm goi	Bruce Kenison	-	10/06/2006 07:42:31 PM
346	No, sorry I wouldn't know where to find that data. Dave	Dave Bissett	-	09/12/2005 04:33:37 PM
345	Ok, here's another post! Can you tell me where I can find historic data of daily	Murray Grummitt	-	09/11/2005 10:53:43 AM
344	This is sad...not a single post in 5 years!!! Tim	Dave Bissett	-	08/02/2005 06:51:53 PM
343	Those arent the symbols for the big SPX and NQ futures are they?	harry50	-	07/30/2005 11:35:54 AM
342	Using quote.com...	Michael Watkins	-	04/27/2000 11:12:00 PM
341	Anyone here have any links to free real time or delayed Nasdaq, S&P, and/or Dow	John F.	-	04/27/2000 10:32:00 AM
340	Short 1@ 1356.2	Rare Bear	-	02/23/2000 12:20:00 PM
339	Buy 1@ 1391...at this time +3 real time...15:42 looks as though the SI clock	Rare Bear	-	02/16/2000 03:47:00 PM

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