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    A Market on Open order to avoid the bid ask spread?

    Date Bid Ask Open 04/03 201.42 207.76 207.65 04/02 191.07 203.03 200.12 04/01 211.00 215.55 212.31 03/31 219.21 225.00 221.00 03/30 211.11 215.00 211.11 I would give it a try, but would recommend a limit on open instead. One thing to keep...
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    A Market on Open order to avoid the bid ask spread?

    Just a followup to my previous post... There is no spread, but I think you are thinking about it in the wrong way. Just like every trade, the buy price is always equal to the sell price. Let me give you a scenario for a low volume ETF with little or no on the open activity: You enter a buy...
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    A Market on Open order to avoid the bid ask spread?

    On the open and on the close orders only match with other on the open and on the close orders. That means, if you are buying, you could potentially get a better price than the ask price or a worse price than the ask price. As with any market order, there is no guarantee what price you get. A...
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    Oops

    There are so many morons on this forum. With implied prices the spread will be minimal in the V0 contract even during ETH. If you have a shitty broker that doesn't display implied prices, just make sure your stop loss order is native to the exchange and not resting on their shitty platform and...
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    Find a new broker

    I know a broker that has spreads of -0.1pips and pays you to use VPS.
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    Cheapest way to bet on crude oil spot prices?

    If you are bullish on oil long term this would be a way to have exposure while avoiding the "contango" costs. Obviously you would be bringing in other risks such as solvency issues for the particular companies. In general, I would always recommend investing in the company rather than the...
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    Cheapest way to bet on crude oil spot prices?

    From the prospectus: "If the futures market is in contango, an investor would be buying a next month futures contract for a higher price than the current near month futures contract. Again, assuming the near month futures contract is $50 per barrel, the price of the next month futures contract...
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    Cheapest way to bet on crude oil spot prices?

    Well, when USO rolls from the May to June contract you are going to lose 13.8% right there based on the current pricing. Meaning ignoring the management and trading fees, you need the spot price of oil to climb 13.8% to break even. I'm not saying there is a better option if you must have...
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    Cheapest way to bet on crude oil spot prices?

    Oil ETF's run into the same problem. All they are doing is holding futures contracts and rolling them. http://www.uscfinvestments.com/holdings/uso You can't buy oil right now based on how the curve is priced as a long term play without huge costs.
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    Cheapest way to bet on crude oil spot prices?

    It's a barrel, not a gallon. The problem is, unless you are physically storing the oil, you can't just keep the spot price. If you are buying futures, rolling your contract upon expiration will be expensive based on the curve. Here are the prices for WTI: MAY 20 22.6 JUN 20 25.71 JLY 20...
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    Ag trade ideas

    Vyki, Your data is incorrect. Here are yesterday's settlement prices: http://www.mgex.com/documents/20150811.pdf
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    All Washed Up: Putting an End to Self Trading

    TT News, FYI... According to the CFTC: At times, self-trading may reflect unlawful conduct. For example, unlawful self-trades may constitute “wash sales.” In the futures markets, “wash sales” involve a purchase and sale of the same delivery month of the same futures contract at the same or...
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    Wedbush Announces Strategic Transaction with Crossland

    http://www.wedbush.com/sites/default/files/pdf/2014_04_22_Wedbush_Announces_Strategic_Transaction_with_Crossland.pdf
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    ES March settlement price much higher than cash price

    http://www.cmegroup.com/education/files/understanding-the-soq.pdf If you still think it is wrong you have a lot of calculating to do... Edit: You can use the open in yahoo finance for each individual stock as that does not include pre-open trades in the event there were any. 2nd Edit: You...
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    Soybean Oil - Short Sep. '14 v Long Jan '15

    Your chart is reversed: 3/4's settle is +.34 edit: spelling
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    CTA taxation question

    I thought you were referring to a Chartered Tax Adviser but I'm guessing you were referring to a Commodity Trading Adviser. For your question, you cannot deduct this expense on Form 6781. (http://www.irs.gov/pub/irs-pdf/f6781.pdf) If you are eligible it would go on your schedule C for...
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    CTA taxation question

    run for the hills...
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    Thank You

    Department of Agriculture, for listing your contingency plans on your website. You have so kindly linked these PDFs to a site that you say is "Shut Down." Obviously you have enough money to run your servers to tell us the site is shutdown but not enough to make the PDFs available...
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    DRW vs CFTC

    http://streetwiseprofessor.com/?p=7658
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    Velocity Futures, LLC

    I have never done business with them. If you are interested in opening an account I am sure Velocity would be happy to address your question. On a related note... If you are looking for firms with the highest net capital I would advise you to move your money over to Goldman. However, JP...
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