Recent content by e_trader_pro

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    options . . . very hard to make money

    Options are NOT zero-sum. You have no idea what the person on the other side of your trade has done against it. Options are a tool for risk transfer much the way insurance is. I can buy puts to "insure" a long stock position. If the stock goes up, I win on my stock position, and the person that...
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    Usfx

    It's been trading, particularyly the Euro contract. Markets look like they are almost always 1-2 pips wide. Price is identical to SPOT, even though technically it is a future. The CME tried this 25 years ago and called it "rolling spot". It's pretty cool, spot prices on a futures platform, and...
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    So tell me why I should trade currency futures instead of forex?

    There is an alternative product to these choices. It's the hybrid FX contracts on USFE. USFE is the old Eurex US exchange. They have FX contracts that price exactly like spot FX, but have all the protections and tax benefits of futures contracts. They aren't doing a ton of volume, but the...
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    CME Euro FX

    There is an alternative product to these choices. It's the hybrid FX contracts on USFE. USFE is the old Eurex US exchange. They have FX contracts that price exactly like spot FX, but have all the protections and tax benefits of futures contracts. They aren't doing a ton of volume, but the...
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    "Major banks" are also on Plunge Protection Team

    Actually, the team consists of an unknowing public that feels compelled to buy stocks when they go down. These individuals are being controlled by the government through the fluoride in water. Unfortunately this has hurt the dental industry, so that is being propped up by the aliens from Area...
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    Query on a forced buy-in of a short position

    FYI, most forced short position buy-in's are same day settled, as opposed to T + 1. Often this is why there is a premium associated with the transaction's purchase price.
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    Bar for traders

    In Chicago, across from the CBOE (and Chicago Stock Exchange). Very near the CBOT and down the street from CME. Alcock's. Once a month they have "dancers" from around the states perform on the bar. Traders do hang out there, although, if I had a bar, I would not name it Alcock's. It would...
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    BLDP back from the dumps?

    from a high of $130 during the bubble to a low of $4 during the bust, this thing is back to $13, up 26% today. market cap is well over $1B again. this company loses money hand over fist, but it is rocketing up. any explanations?
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    Ice...wtf??????????

    This one had a nice run up with all the other exchanges, but just got hammered with the NYMEX/CME news. Was it over done?
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    CME EURO Futures Market Makers?

    I agree with FredBloggs. Much of the "market-making" for the FX futures at both Eurex and CME are a default of different trading strategies by various prop groups. This is a result of the auction style of electronic markets. As for the CME, there is a trading group INSIDE the CME called GFX...
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    Why shorting is no longer a viable strategy in the US Market.

    During the internet bubble, every monkey and his brother led every trade with a buy, and you couldn't lose. Until everything got smoked. At the peak, I would get buy recommendations from the local grocer. The pendulum swung the other way to the extreme. Every monkey and his brother now leads...
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    Bloomberg on FX futures pricing

    Chicago Merc to Cut Currency Futures Trading Fees (Update1) 2005-10-05 12:33 (New York) (Adds comment from Eurex US CEO in fourth paragraph; comment from Merc spokeswoman in ninth paragraph.) By Ann Saphir Oct. 5 (Bloomberg) -- The Chicago Mercantile Exchange, the biggest...
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    Considering a move to futures

    Eurex just launched their FX futures. They, too, have a 1-2 spread in the euro, but the contract is 4 times the size of the contract at CME. Also, Eurex has waived the exchange fees (10 cents prop trading, 50 cents agency) and the Clearing Corp has waived the clearing fee (6 cents) through the...
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