Recent content by CliffordHarris

  1. C

    Need 10:1 Leverage

    This is half correct. Yes, if you are holding the position when the CME deems it "marginable" at 4pm CT but there are many futures brokers who want the commissions that will let you take the trade off just before the cutoff and put it back on after the 5pm open at $500 margins. You cna then hold...
  2. C

    Need 10:1 Leverage

    If you are willing to deposit $25,000 firms (some that are sponsors on here so they can chime in) will offer you $500 margins at night. So with $25,000 you can hold 50 contracts. With each ES around $125,000 in value you would be trading $6.25m in notional value. Simple math an $500 margins...
  3. C

    TopstepTrader Combine - opposite positions in two combines

    CALLumbus...digging into the stacks of wax...Planet Patrol brings back good memories. Nice.
  4. C

    The race to zero in endless online brokerage-fee war already has been won

    For the big firms like Schwab trading revenues do not really matter. Take Schwab (SCHW) for example. Only 11% of total revenue comes from trading fees. They are a bank and fees related to deposits and margin loans are what drive the bulk of revenues. In the first quarter of 2017 core net new...
  5. C

    Brady, obstruction of justice? - legacy tied to Pete Rose??

    www.nfl.com/news/story/0ap3000000504258/article/roger-goodell-upholds-tom-brady-suspension
  6. C

    hitting the bid

    With all due respect, you need to do a little homework first. All the information your require is online. Here is a good resource - http://www.cmegroup.com/education/
  7. C

    OptionsCity launches CityTrader, a cloud-based futures trading platform

    This is a good point and sad. You are right, the more you trade the more FCMs make so options get no love. In addition to less transaction revenue they raise the FCMs SPAN margin which in turn raises that firm's capital requirement. A lose, lose for the FCM.
  8. C

    hitting the bid

    It is impossible to know the risk without knowing what commodity or contract your are referring. Since you say "contract" I assume you mean futures so let's assume this is the ES (e-mini S&P) one of the most popular. If the index is at 2100 the notional value of 200 contracts would be 2100 *...
  9. C

    Traders Hall of Fame...

    So true. I really used to enjoy ET. Now it seems like it is a site for Ninja and AMP's personal battle. I realize they pay the bills for ET but in my opinion it has come at a cost to the site. Do I really care if both have a webinar at 3pm?
  10. C

    Palantir is backed by the CIA?

    The CIA is one of AWS largest clients. Every time you load an app and click for it to be allowed to ready your emails, calendar, etc. guess who is watching.... Data backup firms are brilliant...why don't you load all your files to our server so we can scan and index them.... Free...
  11. C

    Interesting about Mirus (Ninja)

    Where do you see the CME disciplinary reports? I just saw this on the internet and it caught my eye with the $200k fine.
  12. C

    Interesting about Mirus (Ninja)

    Interesting read about Mirus (Ninja) http://www.commoditytrademantra.com/gold-trading-news/mysterious-massive-seller-who-flash-crashed-gold-in-2014-finally-revealed/
  13. C

    72,000,000 people have no savings!

    Why save when Uncle Barry will take care of you?
See more
Back
Top