YM just die?

if you had 15 short from 960 how did you lose 1075 by covering at 975 ?

 

anyone else getting good quotes ?

I stll have nothing

 

To ECBOT traders:
Mon Mar 7 12:32:38 2005 EST

The ECBOT has alerted us that they have halted trading once again as of 12:30 EST

nitro

 

Steve:
In case no mentions it to you, the ES tick is $12.50, while the YM is $5. You may want to make an adjustment, before you get into problems.
Good luck
Lefty

 

960 was the average. Actually, 960.6. I scaled in for 5 at 960, 5 at 961 and another 5 at 961.

 

Yea, I know what each tick is worth. I just never did the math before to figure out exactly what the wash out would be if I had to hedge.

So, a learning experience.

 

$5 X 15 = $750 ?????????????

 

Thanks nitro, looks like today is a wash.

 

15 contracts at $5 a point and a loss of approximately 14.4 points.

$1075 dollars precommission.

 

LOL steve nevermind, I was thinking you had 10 cars short.


bette rluck next time on the hedge.