Recent content by mheitkoe

Why Trading Spreads? Hi fastnet, yes, at the moment I do exclusively trade Spreads. My main reason for this is my time: 1) Spreads have lower time requirements: I still have another full time job and this doesn't allow me to sit in front of the monitor during the day and watch the charts. I...

Hello fastnet, you have an answer in your Private Messages. Yes, I am trading the Ross Hooks. In fact my entry points I am using is a Ross Hook, after a breakout of a Trading Range after a breakout of a Ledge after a breakout of a 1-2-3 (high or low) In some market I use as well the Trader...

Hello fastnet, 'Trading by the Book' was Joe's first book and (in my opinion) you didn't make a wrong decision. Although it was his first book it's still up to date a has really everything in it. I enjoyed reading it. Mike

Hi fastnet, There is now a weekly newsletter which Joe is sending out every week. One about Spread Trading (http://spreadtrading.tradingeducators.co.uk) and one about Futures Trading (http://tradingeducators.co.uk/newsletters.htm) Didn't know if you were aware of this. Regarding the books...

In my opinion trading hasn't anything to do with intelligence. 1) Most traders just started far too early trading the markets without having the proper skills. 2) 80% of traders are greedy which simply lead to major mistakes. Just my 2 cents ;) Mike

Hi Minx, I would agree that it looks strong. It's above the moving 20 day Movong Average and if using RSI it's above 50%. Usually a signal for an uptrend. Volume looks good as well which is usually my biggest concern when trading Copper. Regards Mike

Hello, I was wondering if there is in London a similar event like the Traders Expo in the US? Does anybody know of any major event to meet and exchange with other Traders in the UK? I searched already some websites for some information but couldn't find any. Thanks Mike

Ch05-cu04 Hi bgold, just another example of a nice Corn Spread (CH05-CU04). I'm in this trade (at 5 3/4) since mid Jun and current price is around 15. My trading plan: Consider entering a Corn spread CH5 – CU4 at a spread value of 5 ¾. Margin for the spread is $237 (reduced margin). Suggested...

Hi, I would love to exchange more of this great way of trading. I try to make it a bit more clear how I select my trades any how to set my Stop and my Profit goals. Maybe the Corn Spread is not a very good example as this is a trade with a bit more risk. Which charts: 1) I look at MRCI for...

Hi, happy to see that some trader in this forum do trade Spreads (not Betting Spreads ;-)). Last week I have been in the SMQ4-SMz4 Spread and had an excellent move. I just use the charts from MRCI which I think are excellent and sufficient for Trade Selection This week I am looking at Corn...

Hi, their technical support is usually very good. Even if you have a demo account you can contact them at: +1 312.788.2911 or [email protected] Mike

Hi, why don't you try to trade a SM Spread? I am currently trading the SMQ4-SMZ4. Very nice trend. And in addition: This Spread has a reduced Margin requirement (just $420) :p Just an idea ;) Mike

My 2 cents: Bahamas

Hi, Is it Options Spread Trading or Futures Spread Trading? From their agenda it seems that this is about Options. Mike

Hello, I am using as well the breakout of the so called Ross Hook. Details in the 'How to identify a trend' section on: http://www.tradingeducators.co.uk/trading_philosophy.htm Happy Trading Mike