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Search: Posts Made By: shodson

Forum: Traders Hideout

January 5th, 2010, 06:52 PM

Replies: 19

Why do some people refer to futures contracts as "cars"?

Views: 17,925

Posted By shodson

Hmm, I would think one would need to understand...

Hmm, I would think one would need to understand the fundamentals of the German economy, news cycle, and other economic indicators to *REALLY* successfully trade the DAX, nein? Otherwise, you might...

Forum: Traders Hideout

January 5th, 2010, 06:25 PM

Replies: 19

Why do some people refer to futures contracts as "cars"?

Views: 17,925

Posted By shodson

I think you meant 1.3 ticks, not points, though...

I think you meant 1.3 ticks, not points, though it's a little bit more

1 tick = 0.25 S&P points = $12.50 + $2.20 / side ($4.40 / RT, using Mirus commissions) = $14.70

so entry = 14.70 / 12.50 =...

Forum: Traders Hideout

November 12th, 2009, 12:22 AM

Replies: 19

Why do some people refer to futures contracts as "cars"?

Views: 17,925

Posted By shodson

Why do some people refer to futures contracts as "cars"?

I always wondered why futures contracts are sometimes referred to as "cars". A little Googling and I found this. I thought some of you might wonder the same thing.

Black Monday: The Stock Market...

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