how the price quoted? I feel bearish about T-30, that is short. but new to30yeras treasure bond, the first trade. any vetern on that, give an explainatin?
What is your question? Each tick is 1/32 worth $31.25/contract. If it goes down you make money, if it goes up ...you know the drill!
could you give some links about the quote? I do not know how to enter the price, but I feel it will fall fall, so short it at the market quote. try to make a buy cover order, could not figure out how the price quoted, reject several times. anyway, I covered it at 120'270. thanks your explaination, if possible, give me a link to the quote
Dude, I hope you practice on a simulator, you can get your scrotum chopped off in these if you are wrong!
my question is how to enter a price in IB? so far what I can do is see the ask/bid, then put a market order to enter a trade or close a trade. 1/32 is hard to enter? normally I trade crude, but feels crude is a range-band day today , so I switch to new product bond, but new to bond trading. after I examed the yesterday's chart, I sensed it will break down further. just a try, one contract. just do not get it how to enter a price valid to 1/32
Possible answers: A. You should already know how to do this before live trading. B. Cosult IB help file C. Call IB D. All of the above
before I live trade, I do did not know how to enter the order, I just read the market, not the quote, sense the immidiate fall. try to make a limit buy order, the order is rejected several times, that is why I ask you guys. after observation, and serach the website,kind of get of some idea how to do the price entering thing. I do not have paper account, I alreday closed it for good. thanks anyway