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"I am not really looking for any kind of contest, those that know me know well that I don't take trading as a war, fight, contest etc.. I appreciate your objective approach that makes great contrast to outright dismissal in style " But it is both a contest and a war. THAT is what capitalism...

This has got to be the best thing about elite trader. Picking snake oil apart. You can normally tell snake oil sites by the general tone of their text. If it uses any slang terms ("you sure can" etc) and has simple expletive terminology ("easy!", "anyone can do it!" etc) it's normally...

Zentrader - I am shocked. On training websites and via commercial trainers I have asked prospective questions of recently "you should be shooting for $1,000 a day{/ct}" and "$1,000 a week is an achievable minimum". Snake oil, huh? PKJR - how is your long term average for daytrading only. You...

Great presentation. Half of it is about how you can hide orders. Call that a free market?! National Assured Secrecy Dealing Absolutely Quietly aka the CIA? Perhaps they have links to Enron!

dozu888 I was position trading commodities successfullly for a while, but half the markets are still not fully operational after sep 11th, in any case I got a little nervous about holding those positions for weeks at a time. Although nothing bad actually ever happened. Also trading the emini is...

"Look for entry when everybody gave up." Tell me about it. Today was typical - 6 trades, the sixth, a short I got out of with my only profit for the day (a small one) when I saw the market produce what looked like a major turning point up at about 3.40pm. 5 losers, substancially down and a...

Before I give up these choppy instruments for good (and I have been giving them a really damn good thrashing to no avail in the last few months) are there any successful traders on this board with at least two years solid experience at this who would be willing to train me for a fee in their...

Hey Doreen, It would be nice if TS6 could simply communicate it's strategies by DDE or ActiveX. Then you could use a cheap broker like IB to automate those trades! Can't see that happening though - we will all just have to work on those DLLs ourselves!

These people are mentioned on the globex site as providers of software that links to globex. I think their clients are really brokers etc.

Really a question for Def. How many additional hops (if any) does the IB globex front end represent to a normal customer as opposed to them going direct to the globex trader front end provided by the cme?

No there isn't. I have one! All standard forms online.

Could you explain to me why globex is "slower". I have been trying to find out if it is possible to get fills and fill reporting over a broadband connection in under 0.3 seconds for eminis. At the same time I heard that globex data is transmitted to all parties at a standard 33k baud...

No more than a second or two for emini fills from Europe. Aren't most of the worlds major internet links optic now? Light can traverse the entire planet 7 times or so in one second.

Hallo yous gringos! Please to bring your lovely Americayn dhollars to my safe and onest country, Panama Adjacento. I weel personally deliver your monies to our banking man. Fee very small. He buy and sell your stocks no problems. You also covered by Panama Adjacento cast-iron banking...

I think that the witholding rule only applies to dividends. If you are trading futures you certainly should not be affected at all as a foreign resident, so I understand.

The IRS does not recognise "dual nationaility". As far as it is concerned your worldwide income as a US resident is reportable to them. The UK, where I live, does allow for this, and indeed allows an unreported income abroad, so long as you meet certain criteria. However this is getting...

"We currently pay $2.64 a round turn. To lower your rates you have to get away from the typical broker situation and move to a clearing firm that deals with professional traders. All rates are individually negotiated, based on volume, capital, trading style, risk, etc.. What you are missing in...

How exactly are you getting the $2.88 RT rate? Is this with IB or another broker or are you going direct to globex? Thanks

Thanks for info guys. Yes, it seems the xchange charges more if not for your own account. Perhaps it's worth leasing a seat for high volumes!!!

I am looking for the cheapest commission deal out there for globex emini s&p500 contracts. IB is alright at $2.40 per side, but I want cheaper if I do serious volume. I remember someone telling me about a broker that will do it for a lot cheaper for good volume. Can't remember where I...