Sep Alsi Futures

[#1]

Sounds fair enough. Remember that trade costs can mount up very quickly (even though the per 1 costs are low). Good luck. I suggest you pay attention to any and all comments made on this forum. Particularly by the 'sages' SIMON PB, and RAMS (in my very humble opinion and in no particular order). Have a trading plan with RULES, and stick to them/it. i.e. Stop loss and take profit targets.

[Rams]

art= part

[maverick7]

yeah i gather that so far, they seem like they experienced.

[Preston]

@Rams, you can utilise your specialised skills to be a consultant for AGL.

[Rams]

Wow, I feel humbled, to be put in the same league as Simon

[Prestonmyhusban]

Who?, Simon Helberg....WOW

[Prestonmyhusban]

Who?, Simon Helberg....WOW

[Rams]

so, prestons wife(or husband), what do you trade, and whats your strategy, we have new traders coming into this forum everyday, so maybe they can benefit. even if you just post the price of a share, and say whether it went up or down, it would be more useful

[Rams]

yes sure did you mean ACL, stop loss on all positions...simply put, the stop loss protects you against further losses and it the market way of telling you, you were wrong. you can use the 2% rule when setting your stop loss for money management. Preston, please trade the ALSI futures with us here, and I will guide you through the processes of mechanical trading, risk management and money management, bring your wife(or husband along)

[Rams]

er, sorry forum, i could not resist that, drab day on the ALSI futures, so lots of time...

[#11]

Wondering if anyone else thinks the market is rather overbought? Great suggestion RAMS about trading in general. I reckon everyone can benefit from well intended (constructive) comments and suggestions. Each man or woman for him/herself at the end of the day of course, I do enjoy the forum in general.

[maverick7]

well the Alsi futures seems to be trading in a range, i think if it breaks through the 37300 mark, time to go short

[#13]

yes, everyone is waiting now for the jobs data out of the US at 2pm. Whichever way it goes.... put on your safety belt...

[#14]

Sorry, 2.30pm is jobs data (US).

[Prestonmyhusban]

I have one simply strategy .... to outlast you in trading.

[#16]

This thing is like a powder keg right now.... just waiting to explode.

[SimonPB]

so NFP bad ,, unemployment rate good .. now what ??

[maverick7]

looks like the ship is sinking

[Preston]

Simon, where can i find info on your lazy system?

[#20]

IMO, the red numbers around hourly earnings are the deal breakers, also core expenditure is the same as previously reported. How is the US economy going to grow if people are earning less, and not spending more?