Yg Jan

Discussion in 'Commodity Futures' started by PFWinkler, Nov 26, 2008.

  1. PFWinkler

    PFWinkler

    The spread and liquidity in the YG Jan contact is horrible ($1 to $1.3 spreads—with hardly any trades going on right now). When does this change?

    Also, I am new to gold trading (used to trade options and variance swaps)---any advise/books that are a must read?

    Much Thanks

    PW
     
    #1     Nov 26, 2008
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  2. ess1096

    ess1096

    You should be looking at FEB gold.

    Roll from DEC gold to FEB gold.
     
    #2     Nov 26, 2008
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  3. PFWinkler

    PFWinkler

    Thx!

    Huge difference in the spreads and vol.

    Question: Why did the contract roll out 2 months?

    Thanks again
     
    #3     Nov 26, 2008
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  4. nazzdack

    nazzdack

    Gold trades on the "even" months cycle. "Odd" months are for pansies. :cool:
     
    #4     Nov 26, 2008
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  5. increasenow

    increasenow

    to pfwinkler...you sound like a serious Gold trader...how many Gold contracts you trade at once?...how many Gold trades per day?...what hours (New York time) or whereever you live...why also, do you like trading Gold...?welcome here!
     
    #5     Nov 28, 2008
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  6. PFWinkler

    PFWinkler

    I am a former (though still alive) derivatives trader based in NYC. I used to intraday trade options on various indexes; but was forced (due to a serious of unwelcomed events) to start trading gold.
     
    #6     Nov 28, 2008
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