carpe diem

Discussion in 'Journals' started by DELTAONE77, May 18, 2020.

  1. p0box4

    p0box4

    A broker/exchange doesn't take the other side when trading futures ...
     
    #121     May 27, 2020
  2. see them fly :caution:
     
    #122     May 27, 2020
  3. karuner

    karuner

    so who is the counter party of your futures contract?

    "This means that when a futures contract is bought or sold, the exchange becomes the buyer to every seller and the seller to every buyer. This greatly reduces the credit risk associated with the default of a single buyer or seller."

    https://www.cmegroup.com/education/...futures/definition-of-a-futures-contract.html

    basically means you guys trade futures and don't even know what futures contracts and futures exchanges like CME actually are and do, or what you yourself are doing. is that the definition of "elite"?
     
    #123     May 27, 2020
  4. goal reached, closed them all:

    cT_cs_3728456_US30_2020-05-27_21-47-41.png
     
    #124     May 27, 2020
    tla666 and karuner like this.
  5. karuner

    karuner

    see my link to cme website above.
    enough now. i'll smoke a joint now instead of spoon feeding others.
     
    #125     May 27, 2020
    DELTAONE77 likes this.
  6. now that´s a plan that sounds good to me - wish i could do the same...
     
    #126     May 27, 2020
    karuner likes this.
  7. No numbskull. This means the exchange is counterparty post execution, for clearing. CME isn't posting bids & asks or trading with you. You go smoke that joint.
     
    #127     May 27, 2020
    BAT31 and DELTAONE77 like this.
  8. p0box4

    p0box4

    It looks like you need to read it again since you only saw what you wanted to see, you clearly don't know what you are talking about.
     
    #128     May 27, 2020
  9. clearing is the word. but still i´d like to be in his situation, smoking that joint. instead off, i´ll have another gin/tonic - and a cig. brilliant day...
     
    #129     May 27, 2020
  10. hilmy83

    hilmy83

    how dare you accuse someone who trades 10's of millions of CFDs with MACD's and bollinger band indicator to be fake!

    how dare you dwiight!!!!
     
    #130     May 27, 2020
    p0box4 likes this.