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Harry, It would be easier for those of us learning the game if all prices were in dollars, wouldn't it? But it's not all that surprising that commodities which have been traded by guys shouting at each other in a pit for the past hundred years are still quoted in cents. Anyway: the soybean...

I should let EBOAH answer this as you directed the question to him, but: Prices on commodities are often quoted in CENTS, not dollars. For example, I'm looking at a quote of 60.9 for today's opening price for the April 04 lean hog contract. To get contract value you would multiply that figure...

Also: - tick value = $0.00025/lb = $10.00 - daily limit = $0.02/lb = $800.00 If you're going long and don't want to use any leverage, then the contract value is indeed the amount you would want to use for your performance margin. If you're going short, it's not a particularly useful...

Anecdotal evidence for recovery: 1. I moonlight as a regional sales representative for an electronics component manufacturer. There's been a definite pickup in order activity in the area I cover (NY/New England) during the past nine months. 2. From Mar 2001 thru Aug 2003, many of my...

inandlong, Thanks for posting the link for the QCharts futures symbol list. Here are a few symbols they left out: RL - Russell 2000 MR - E-mini Russell 2000 EY - Euroyen DA,DB,DK,NF - The CME dairy contracts I noted at least six others that are fairly obscure and which I won't...

Interesting. I expect to go with the CPO structure when I reach the point of trading OPM, for several reasons (listed in approximate order of importance): 1. A single large pool is more suited for trend-following strategies that require relatively large capitalization for proper...

The basic rule for living together harmoniously in a society is to allow a maximum of personal liberties, up to the point where they infringe upon other people's rights. Or stated another way: "Your right to swing your fist ends at the point where it meets my face." Does this restructuring of...

I'm not a market maker, at least in the sense of someone who is always ready to make both sides of a market. However, the trading strategy I employ does attempt to capture the bid-ask spread as often as possible, and my analysis indicates that most of its profits come from doing so.

Alfonso, I have no problem conceding this point. I'm actually in agreement with you that legitimizing gay marriage will lead to a substantial increase in homosexuality in America. In fact, the growing acceptance and visibility of gays in our society is already doing this. You are correct in...

Waggie, what exactly was Prohibition (Amendment XVIII) if not restricting one's rights? What exactly was the Fugitive Slave clause (Article IV, section 2, second paragraph) if not discrimination against a group of people? Or the bit about counting Negroes as 3/5 of a person for purposes of...

Just to clear up a minor error that a few people have made here: married homosexuals can have children without adopting, since "homosexuals" come in both male and female flavors. I'm friends with a lesbian couple who have two children of their own - artificial insemination, I assume, although...

Well, I'm certainly trying to nick you - that's what puts food on my table.

Many of us attended but didn't feel the need to hook up or write about it. But since I'm now writing about it: the best part was being able to actually grab a real life Quote.com employee by the throat and give him a piece of my mind. It's something I've wanted to do for so long. He was still...

I've traded grains, currencies, bonds, Eurodollars, lumber, and of course the eminis, and I've never had a problem with QCharts' real-time feed for any CME or CBOT contracts. Their end-of-day data sucks, and they aren't always good about maintaining their historic data integrity, but in my...

Pat, What were your reasons for choosing to operate as a CTA rather than a CPO?

As both ramora and Pat Rogers (progers82) himself pointed out above, he's not running a hedge fund. He's a CTA (Commodities Trading Advisor). You open an account with his futures broker, give him trading privileges, he trades your account and charges you a performance fee. Standard arrangement...

In my opinion, either that book or Dr Elder's earlier book "Trading For A Living" (better yet, read both) should be required reading for anyone who is dreaming about making it as a private trader - not because of his Triple Screen system or his proprietary indicators, but for his hard-headed...

I suspect it's a result of the original developers leaving after Lycos bought Quote.com, and no one remaining with a thorough understanding of the software and systems. I've worked on enough software projects to recognize the signs. Judging from the past few releases, I think they're back up...

IndexTrader, I agree that Quote.com is pretty clueless about maintaining what should be their crown jewels, ie. historic data. I've offered to pay them for historic tick data for the futures contracts I trade, since they now only keep the past few months online. From the responses I got, it...

I have one-minute bar data from QCharts for INDEX:SPX.X from 4/8/1997 thru 6/25/2003, in comma-delimited format. It's a 27M file unzipped. PM me if you want it.