Best market to buy and sell at the same price (to churn commissions)

Discussion in 'Financial Futures' started by chinook, Mar 17, 2011.

  1. If you do this in 3 month eurodollar futures make sure the price you are trading has less than 100 contracts on the bid or offer. This will ensure the best probability (> 95%) that you will scratch the trade. Wait until the size of the bid or offer gets below 100, then hit/lift the bid/offer and then bid or offer the same price back immediately thereafter.
     
    #21     Apr 21, 2011
  2. Thanks. I was thinking along the same lines. It'll be just a waiting game until the volume thins down on one of the sides.
     
    #22     Apr 22, 2011
  3. zdreg

    zdreg

    if your handle eliminated the letter i & t your response would have been letter perfect.:D
     
    #23     Apr 22, 2011
  4. here is the man who wants to just pay his shares....

    but does not care about being profitable....

    just contend with cash acct minus commissions....

    that way, his acct will be reduced each time that a trade is executed....

    and he just told us all.... that he does not care....

    more power to you man.... first i ever encounter in my trading life.... lol

    good luck to you and yours....
     
    #24     Jun 11, 2011
  5. See, live and learn man! There are crazy people like me too in the markets -- my $$$ cash is for grabs ! I found a charity for upgrading brokerage firm CEOs's yachts -- I want them all have at least 200 ft long boats :)

    Joking aside, I am actually trying to save money by not paying platform fees if I generate certain # of trades...
     
    #25     Jun 12, 2011