Recent content by dottom

Similar scenario happened to me this morning on Globex. I used stop order which IB holds and executes on your behalf for Globex. Price traded through my stop level by 4 ticks and then back above the stop in about 15 seconds and stop never executed. I wanted the stop to take me out of the...

Pardon me if I'm skeptical. If you have any raw data, please share.

Source? Based on quick analysis of my SP500 data, since 1993 the open is only 54.8% higher than previous close for SP500 with average gain of 0.0363% gain. For the last few years: 2011-to-date: 52.34% higher opens, avg gain = 0.0215% 2010: 52.38% higher opens, avg gain = 0.0271%...

What are you day trading on Globex US night session (i.e. London session and Tokyo opening)? I read a lot about other futures people are trading but the volume seems so low outside of the major indexes and top 4 or 5 currency futures. Sure, there are lots of options, but what are YOU day...

If you are a big enough player where showing your size puts you at risk of the banks as MM's running your stops, then you probably don't care about the rebates anyways. Even if you had a few hundred retail traders that coincidentally all had their limit orders clustered around the same S/R...

Survivorship bias? What about the accounts that are closed? What about average account age? If you look at all hands at a Blackjack table at one point in time across all casinos in the world, you might see 48% profitable given. But how many players survive long term with proper money...

Time to buy ES. The reaction is overblown and 3 of 4 reactors in cold shutdown. Impact of spent fuel rods heating up not nearly as bad. Reactor #4 is the only variable and overall radiation even if as bad as Chernobyl is not really that bad. Oil will drop due to Japan economic impact. BOJ...

Unless he was auto-liquidated due to margin. Then who knows what the damage may have been!

I hope the OP didn't follow the hold and pray advice...

And when YM opens down 200 Monday morning what should he do? Hold for the upside? What if it drops further?

Of course we can, and it won't even take 100 years or a budget surplus or any monetary tricks like massive currency devaluation. You need to understand how national debt works.... it's similar in many ways to your mortgage. You borrow money and agree to pay back a certain amount at certain...

9/14 23:26 EDT - 1210.75 9/15 00:32 EDT - 1212.00 9/15 00:59 EDT - 1212.00

Backwardization is normal in oil futures market and has been forever. In fact, only recently did we actually see futures market in contago which if anything points to potential for much higher oil prices. Production occurs only if discounted futures are below spot prices. If futures move to...

Supply concerns & acceptance of peak oil. There's also interesting situation with inventories that no one is talking about. While we have reporting on inventories rising across the board and producers storage capacity at maximum (e.g. producers running out of storage and are holding crude on...