http://www.cmegroup.com/company/membership/membership-pricing.html that is where all the pricing info is. Buying/leasing a seat does not make you a broker. It entitles you to cheaper exchange fees and no nfa fee. You will still be paying commissions.
I've never seen someone spew so much bs, so consistently and in every post. The small fact is that if your system was half as good as you say it is, you'd be a billionaire. That is why no one with half a brain believes you. "Always on the right side of the market." Really?
Seriously? Who cares if he called the opening correct. The market can go up or down so big deal if he got it right. How about all the times he has been wrong, or the fact that he claims you can make more than the daily range every day? How come all of his followers aren't billionaires? The guy...
So basically all professional day traders and market makers are exempt and the only ones who will be paying this for the most part are retail investors? Those robin hooders sure got what they wanted lol
Who are the morons buying Zynga in the first place? Internet stocks have always been a gamble, so I have no problem with Zynga going public, but you better be aware that you could lose all your money if you hold it all the way.
Sorry, I don't day trade based off of a possible 10 year outlook on bonds. People have been saying the same thing for years. Rates can't possibly go lower. One day you'll be right though. If you're aiming for financial armegeddon, go ahead. We'll have other things to worry about if it happens...
No one suggested using pivot levels or an ema as support and resistance. I agree those won't give you any valuable edge. You can use past price areas and then get into more specific areas with market profile.
The bollinger bands just help if price is in a strong trend. Treasuries as a...
I don't know what you are looking for. We all gave you the answers already.
1. It would be very difficult to impossible to make a living trading without leverage.
2. It is inefficient for commercial hedgers if they have to use all their capital to hedge a product.
3. Leverage allows easier...
Yea, you are right. 1:50 isn't as bad as I was making it out to be. I was thinking more of futures where you can easily get 1:100-200, which is a lot worse and can blow out the account pretty easily.
You pretty much sign an agreement that says you aren't inexperienced and understand the risks and could possibly lose all of your funds, so they put it on you. Yes, theoretically you could lever that 1k into 50k, but no one serious does that. Also realize that one pip move on 50k is only $5...
Once a few brokers introduce something, the rest must follow or lose customers. Also with electronic trading, there is very little risk that someone using leverage will blow out the firm. There are many tools that are available to keep the firm safe. Leverage also gives firms more profit by...
When price is just moving fast and I missed the trend, I use a combination of bollinger bands and previous value area highs and lows to find possible support and resistance. Areas where they converge are more likely to hold at least for a good scalp. I think it comes with experience where you...
What? Obviously the Euro zone is only in trouble because of pesky speculating short sellers. There are no fundamental problems to solve, so let's just ban short selling. That'll fix the problem.