What is COSMIC Trading?

FuturesTalk is the window from which we view the entire spectrum of the trading world!  Trading is a 24 hour a day endeavor. The key is to identify the best times of day to trade for you.  There is not one moment during a 24 hour period (except weekends) where there is not a financial instrument available somewhere to trade instantly...  Where the sun is shining in the world is the main place where the action is during each day.

What do FuturesTalk traders trade?  We trade COSMIC.  COSMIC-B to include bonds:

The questions:  What, When, Where, Why, How, and How Much?

What is Cosmic? 

Cosmic = currencies, options, stocks, metals, index futures, commodities and bonds. Just like any other business entity, the trading community has turfs. There are different kinds of turfs.  An example of a turf that most every individual understands is automobiles.  Let's just categorize cars into 3 major turfs:  American, Asian and European manufacturers.  We can now break them into smaller groups, American = General Motors & Ford: Asian = Toyota & Honda, European = BMW & Volkswagen.  You will seldom find a GM dealer offering BMW.  It is hard to buy a new Toyota at a BMW dealer.... all because of  turf and "turf wars."  We break down the turf barriers for YOUR benefit.

Generally, you will find the trading industry broken into different types of dealers... sometimes governed by different government regulatory agencies.

Where should you trade?

You should trade where you get the best margin, best fees, best responsiveness and best service.
Many of us trade at Global because it offers the best of all  the above

What is margin?  

What does it mean when a broker offers "better" margin?  How do you compare available margin at one broker to margin at another broker?  Providing "better" margin is higher risk to the broker.  Why does one broker offer better margin and another one doesn't?  One answer is back office support.  Some brokers are  interested only in the heavy hitters, deep pockets, big funds, where the money is.  Some brokers want to serve the consumer... individuals with some money but not yet considered heavy hitters... mainly, regardless of wealth, because these individuals are learning the business and should not yet put huge sums on in the market while still an apprentice.  These same brokers want to serve clients after success has come providing increasing support and increasingly lower fees.  Overnight margin and day margin are huge factors.  For example, the eMini S&P 500 overnight margin is officially $3,650... so, for every eMini contract held overnight, the trader needs in excess of $3,650 in the account... limiting a $10,000 account to only 2 contracts because 3 X 3,650 = greater than $10,000.  Typical Day margin is about half of night margin.  However, a few select brokers offer much better day margin.  Your challenge is to find a good broker who will offer good day margin.  I found mine... Global!

How do we trade the markets?  How do we execute trades?

To trade the financial markets some of us use DySen... short for Dynamite Sentimentor, a revolutionary new charting platform that incorporates on-the-chart trade execution.  DySen is new to U.S. traders. DySen possesses capabilities in excess of all the big charting systems, i.e., eSignal, CyberTrader, IB, MetaStock, QCharts, RealTick, TC2000,  TradeStation, etc.  Once perfected and fully beta tested, DySen could possess more than all of the combined capabilities of the above mentioned trading platforms. 

14 Day Free Trial DySen offers all new users a 14 day (14 trading days) trail.  This trial combined with the 6 audio / visual training modules delivered below make trying DySen a very easy step toward improving your trading.

To download your software to try DySen go to Global Trading @ www.DayTradersUSA.com and click the Simulator button on the left hand side. You will see DySen at the very top of the DTUSA Simulator page.  Enter your eMail address and Name (soon to be added).  This will take you directly to www.DayTrade4Less.com/platforms/dysenv5.html where you can follow the instructions to order your trial DySen and download the software.  Just choose the Sign Up For a Free 14 Day Trial and then complete the form that appears next.

(N O T I C E:  FuturesTalk members have been given a wonderful opportunity to be the first North American users of DySen.  DySen is in beta test, so there are imperfections in the software that we beta testers will need to identify and bring to the attention of the software engineers; I have already witnessed, are the best and most responsive in the system software development business, a business I have been associated with since 1973.  We have brought together these outstanding moderators to help you trade.

These six online tutorials to teach you DySen will help you get started and answer your questions.  Members of FuturesTalk are the very first users for this stuff!  You will hear the voice of Stefan Fröhlich while he provides you just a little over one hour of excellent perspective on what wonderful power DySen possesses and how to use it to trade much better.  The Links are:

DySen Tutorial 4, Time = 12 minutes :33 Seconds
Trading Charts using SpeedTrader.
Carefully examine this revolutionary feature of DySen... your edge to make successful trades.  

DySen Tutorial 6, Time = 12 Minutes :57 Seconds
Direct Trade, TradeGuard & Click Stop.
Learn how you can trade visually but safely with a TradeGuard and experience how you can set stops trailing stops and profit targets directly in the charts on different price levels with automatic order execution when those price levels touch.

 Additional tutorials will be added here as they become available.