What can happen playing the HIGH RISK game of foreign currency futures....!

Hi,

You wrote:
> If you could send me the names of a couple
> or any other trading bookmarks, I'd
> appreciate it.

When I was trading, Waldemar's List of trading links was, I believe, considered to be the most comprehensive. You can check out Waldemar's List at:

http://www.waldemar.ws/wl.html [Link below]

Waldemar lists _everything_, so he's sort of a one-stop shopping center.

You wrote:
> Thanks Boyd. Years ago, I used to frequent
> newsgroups, but in recent years haven't done
> so. I tend to stay away from them for
> reasons you mentioned. But it can't hurt to
> check them out to see if I can gain any
> knowledge on what's going on.

The newsgroups I used to read every day (this was in 1994 and 1995) were:

misc.invest.stocks
misc.invest.futures
misc.invest.technical

You wrote:
> Actually, I'd like to learn more about what
> 'really' goes on at the big floors of the
> major exchanges. Probably a great story for
> a documentary on a show like Investigative
> Reports on A&E.

I'd like to see that, too. Have you seen the Paul Tudor Jones daytrading video-tape, the one that shows him trading, screaming orders into the phone, trading large? It's a good one.

You wrote:
> I often think, based on some of the stories
> that my husband and his day trading
> colleagues have told me, which they learnt
> from the day trading floor is that there is
> some conspiring and game playing among the
> market makers to manipulate or artifically
> inflate/deflate the price of a stock
> especially in the first hour of trading and
> during the noon hour.

That's why daytraders should really only trade when the floor isn't in control, when a strong outside force is moving the price around. When the floor traders are scrambling, they don't have time to engage in their usual tomfoolery.

You wrote:
> And if you watch the
> markets as closely as we do and see the
> trades as they occur, there are some things
> that just amaze the heck out of us. But I
> won't get into all the
> details here.

I know just what you mean!

Best,

-Boyd


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