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Re: hawk post# 207979

Saturday, 02/21/2004 3:03:41 AM

Saturday, February 21, 2004 3:03:41 AM

Post# of 704047
You held over not just night but the weekend? I'm not that brave yet. I'm flat by the close. The only reason I can see for holding over night is to try and capture a gap, but that seems like more risk than it's worth. Are you daytrading them or trying to swing trade them?

I managed 20+ points today. I'm daytrading like crazy. I probably did 12-15 trades of two contracts to get that. I figure when making that kind of money, the commissions aren't enough to worry about. A small cost of doing business. I'm looking at the whole thing as free money. How do you invest only $4000 and get any kind of decent return everyday let alone 25% in one day. I'm just stunned. This has got to be one of the better kept secrets out there. So if I spent $50-75 in commissions, who cares. I'm using what is essentially "excess" money in my account that wasn't enough to do a trade with, and turning it into my most profitable trading vehicle.

Can you tell I'm liking trading futures. I thought it was going to be harder. Right now I'm just hoping it's not beginners luck.

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