Although the pit still has excellent liquidity, from the trade sheet attached, most of the volume has migrated over to the screen. Remember though...
90% of the locals down here are scalpers, buying/selling and then turning around and offering/bidding for a few ticks profit. Some of the traders,...
I'm going to try and answer a few of your questions here. When you're a trader and you make a trade (for example the S&P 500), you announce...
I work as a lean hog trader at the CME in Chicago for my own account. I see open outcry markets as very efficent and sometimes more so than the...
Just seeing the price movement of which ones move up more than the other or vice versa. Also, looking in to USDA reports and upcoming news helps too.
Do you trade Globex or route to the pit? There is excellent liquidity down here, and if you go mid-market from the screen, someone will usually...
One current spread I have on: Short 60 Apr LH / Long 10 Jun LH / Long 35 Jul LH /Long 15 Aug LH Another: Short 5 May Feeders / Long 5 Aug...
There are a lot of traders having accounts over $100k, no matter what you may say. These traders usually don't come out very often and brag about...
I believe a 5% move down in Dow, S&P 500, or Nasdaq futures will delay the opening.
OP, PM me to see if we can set one up for this week (preferably Wednesday if you're available).
I think trading will probably move to the screen in a little more than 5 years, maybe 7 or 8, which is probably a little more optimistic than...
I trade on the floor and arb between it and the screen, and yes, hogs are fungible traded on the floor and Globex. I probably do about 300-400...
Usually there is no cash involved, so you only pay taxes when you sell it.
Currently have no positions on. Got stopped out on 200k of USD/JPY (its all the way down to 111!). Account is down $1.5k since start, I'm...
If you love trading and still have a working system, I would say keep it. But, heres what I do, take a lot out and start working the capital up...
Yes, sorry. It was a long night.
Yep, but just had a huge drawdown on GBP/JPY and now my account is at break/even, down from a $3k profit. Singer/Wenger still clears here, but...
Still up. Made good on those short USD/JPY positions, still short 400,000 at 1.1403. I almost got of those at a loss when JPY was at 1.1450 this...
Here is the closed positions profits page. Obviously this performance probably might not be able to be maintained, so I am tightening up my risk...
Went short the USD against EUR, JPY, and GBP before the Durable Goods and Unemployment numbers came out. Locked in some profits and have some...
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