Tasker_182

Good thread, thanks!

Hello everyone, I've been lurking for a while and I've been demoing for a while as well, trying to learn the futures game. I work full time so I get up early and demo trade for 1 hour and each evening i spend time trading and studying. Actually done this for a couple of years now. I use a 1 minute chart and the LBR macd 3-10-16 method. I use a 2 minute chart with standard Macd of 12,26,9 I use a 15 minute chart done like Robert Hoffman. Each of these charts has helped me...somewhat, still learning. I am focused on the S&P e-mini. I've tried OEC, Thinkorswim, and currently Ninja Trader. I find that i am equally inept at all of them, or equally adept, depending on the glass half full/empty vision, lol. I am in the process of finding a broker and like so many before i'm sure, so very unsure of where the best place to start is. OEC has a tremendous offer that is about to expire, a good product but, I experienced some weirdness with the data feed and regrettably I read too many comments on ET (Apologize if that is verbotten here). Thinkorswim has made some very nice improvements in the last couple of years, plus they are getting into the iPhone (still needs work though). but their commisions are high $7/RT and their margins and account minimums are a bit high. Seems like there are tons of Ninja brokers out there. I've looked at Amp, velocity, mirus amoung others. I'm a little less clear about how that works. It seems like you have to pay ninja $60/month to trade? So the brokers provide the data feed for free? One final question if I might, I am really foggy on the margin business. What i don't understand is when someone says thay have a day trade margin rate of say $500/contract but you cannot hold overnight. Does that mean that as long as you don't hold going into the 3:15 - 3:30 PM time frame that you can use the day trade rate all day & night? So if I traded in the evening or late at night would the $500 rate apply? Amp trading seemed to be telling me that was the case but before I commit to anything i would appreciate any insite to this. Anyways, great site and appreciate the opportunity to join and converse with other likeminded folks. Regards and thank-you, T_182