KOSPI 200 Futures - Traders

Any techniques on trading KOSPI? The fibs don't line up to where the market stops....

Are you adding the contract from Chicago when calculating daily ranges?

 

Yesterday was options close out and yip market got hammered in last minute!


http://www.bloomberg.com/news/2010-...ast-minute-selloff-on-electronic-trading.html

 

i learned this lesson the hard way when kospi futures first came available to US traders. had no clue about the games played on expire day. got raped for about $8k. did a lot of googling tat day to try to figure out wtf happened.

 

Thanks foe the link. Down move was great. Makes more sense what caused it.

 

What happened that you lost 8K?

 

Hi Winborn,

You might be banned sooner or later of you advertise your service without being a sponsor.

I took and look at your website, and think that your recommendations of 3 and 5 min charts is not ideal for day trading.

Best candle charts for intra day trading are tick, range or volume, since they exhibit price action more clearly.

Fixed time fractals are printed regardless of what happens in the market, and thus price action is distorted.

redduke

 

It seems IB raised the commission rate to over $5/trade. Did they ever give a reason why?

 

Link please.

 

I would like to know where you are getting your info. My trades from IB with a simulation account show the commission as of yesterday to be about 5,200 KRW per trade.

 

It used to be around 4500 won just a few months ago, or so I thought. There hasn't been significant change in currency exchange rate so I thought it was IB that raised the commish rate. Oh well, another bend over and grab your ankle action from a broker.