What's the best yet not crazy expensive news service available. I care more about when economic data or Greenspan etal is on the tape then silly...
Index futures can be extremely illiquid after New York closes. I don't think any one is best served by being blown out of a position right on the...
Very current. Fractions and all.
Reminds me of a story I heard several years ago. A guy was going through a divorce and his wife's lawyer was going after his trading account. The...
tymjr has rightly been a longtime vocal critic of IB's Globex entry. Not only does IB's policy make it impossible for one of their customers to...
Couple of things. Orders in the pit are NOT time prioritized. usually a small order in open outcry has a significantly better chance of buying...
armaniman said it all.... if I could throw in one more caveat: futures are taxed at a 60/40 blend. Very advantageous.
Stevet;If you mean the SPEED to act upon information I agree, but as far as basic important "news", any one with a Reuters feed can compete with...
Another "secret" of the floor is commission "cutoffs". Typically at 25-30k a year. With many traders in the volumous interest rate contracts...
No I meant made as well as of course lost. A typical day for a bond "scalper" is to buy 10's, 07's and 05's, and then scale out on "normal"...
As a former Chicago floor trader I can tell all of you that the big money is made by recklessly adding to losing positions. Floor traders have NO...
Minimum tick on the pit traded contract ( 99% of volume) is $10.00. The multiplier is 10 times the index.
Ironically some of my WORST days have been on the heels of a vacation. Besides the obvious of being out of "sync", the biggest drawback for me...
If it happens I know I'll have gone home long.
As in Blue Ribbon Beer.
Every now and then I see a post with a chart with this. What services provide bullish %, and how is the data computed?
The mini Dow has gotten off to a slow start. IMO the mini contract is just too mini. The larger pit traded contract has become much more liquid as...
Atlanta writes: Could someone post where I can get a full day's time and sales data on a stock from the web. I can't seem to save it or pint...
Easy: Already had gone to Island. They show just one trade of 900 shares at 35.50. Thanks though.
jaan: You're a gentleman!
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