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Having been a local on NYBOT eons ago I think I have an idea why IB seems to be reluctant to handle NYBOT/ICE electronic contracts. Notice that IB does not charge separate data fees for the various domestic futures like Trade Station does for example (and this means substantial savings for...

I keep seeing Freelancer's Union posters on the Subways in NYC. It could be worth checking into their group plan. I find Oxford to be a good company but they are not cheap. They are many ways to economize in one's daily life but I would not recommend to anyone economizing on...

I am back trading CL, I like the tension in the market. GC

I agree with your statement 100%. GC

Commodities and even the underlyings for financial futures have carrying charges. For the convenience of holding and selling to you the cash copper at a future date they add storage costs, insurance, the cost of money and a bit of profit. That is why December ES is selling for more then...

As of now Cooper is in backwardation. The nearby contract, May is .017 over July which on the face of it is very bullish. Copper resisted the general liquidation in other markets. Would anyone have an idea for the reason for this bullish condition? Surely it is not the slowdown in...

A general rule for looking at price patterns is that they have to make sense from the next larger timescale to some extent. So, for example, if one trades off a one minute chart checking the 5 min would be a good idea because sometimes a perfect pattern on the shortest timescale happens to...

I have to chime in for NY. I am aware of the stereotype so many of you describe and NYC has it share of over sized people too but it is also a magnet that draws women from all around the country and the world. They are coming here to make it in modeling, show biz etc. (OK some are diverted...

congoboy, quit while you are ahead.:D GC

runningman, I don't think so. Look at it this way: ATR is recent history and Implied Volatility expresses how option players expect the stock to behave in the future. Take a typical if somewhat amplified example: A fairly active stock quieted down, there is a standoff because...

I have met a number of African antique dealers here in NY and I found them to be very sophisticated. This character (real or not) has a sense of humor, chutzpa, and seems to have an idea of trading. If I were hiring I would definitely grant him an interview. I know it is not PC to say...

Neet, If you would read my threads or posts on other threads you would see that I have been quite generous in sharing ideas and details of my methodology. A lot of people on this board are expecting other people to provide them with the minutest details of their methods because they are...

I am a seasoned trader (both in years and trading experience) living in Brooklyn. My main interests are healthy living, contemporary art and staying successful in trading. Most recently I have been scalping the ER2 and CL futures. My friends in the trading world are dispersed...

Agree wholeheartedly and it is great that at this point they are a good number of suitable instruments. I am going to coach a friend VST trading and I think we'll start with the NQ. I have not paid attention to EMD but I will look into it. Regards, GC

Interesting thread and I am learning a lot from it. Thanks to all of you. Besides having condors on in my effort to master credit spreads I have not done any other delta neutral trades but the subject interests me. The cold truth is that it is good to have some directional trading...

Well, we are flexible and listen to the markets. Isn't that that we are supposed to do? GC

hrokling, thanks Hombre, I try to keep my practice common sense and all my techniques are derived from observation. If you would like to know more about this please focus on observing price action on a tick chart for a couple of hours, on a tick chart that is somewhat compressed, a...

I am always surprised that people accept popular indicator settings as if they were carved into stone. Think outside the box. Experiment with your own settings. You may find that the popular settings are not best for the task. To give you an idea Welles Wilder developed the RSI, ADX etc...

I have no clue, really, what the exact definition or the method is, I just noticed that if you can identify a market that is consolidating nice money can be made waiting for the move. BTW I just picked this in your face screen name for fun. If anything I am a perennial beginner and learner...

Every single complaint in this thread about trading ER2 represents an opportunity for an experienced trader. I have switched from scalping ER2 to Crude recently but now that there is a lot of action and tension in the market I am back in ER2. :) See my thread under energy trading...