Newbie question

[#1]

Hi all I have recently strted trading futures, (1 month or so) and am trying to find my feet. The qustion i have is when my statistical graphs tell me its time to buy how do i know what a good price to offer is? It seems as is i am buying in at too high a price? Please help. Thanking you in advance

[James15]

I'm in the same boat. similiarly what is a good price to sell at? - I understand you base your buy/sell on the underlying share's price... at present I use the 'closing' price of the underlying share to buy/sell which I know isnt the 'best'..

[Sirah]

Hi. Remember that sellers want a higher price & buyers want to pay cheap for the instrument. It is up to you to decide if you can afford a certain & when you sell just name a price - the buyers will decide if they want to buy at your price or not.

[#4]

Thank you for your replies. I understand that, but is it better to by at market value at that specific time or better to get in at what the sellers are offering at the time. Obviousley i understand that the cheaper i get in teh better but as you say maybe they wont sell to me for such a low price?

[SimonPB]

remember that with a SSF there is a amrket maker. So SB is always buying and sellign at their FV.