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  1. L

    Texas Tea Comming Soon

    One can only hope! It will all be a matter of volume. No volume - no market. What's it been - about a year - and the full size electronic gold contract is only about 1/10th the volume of the pit contract. At least, even at 1/10th the bid/ask spread is close enough to make it worth trading...
  2. L

    Home-based trader in the U.S ?

    One piece of advice, get a US based immigration attorney. Something straight forward is complicated enough. PM me if you want a referral in the Boston area.
  3. L

    There is more to futures than e-Markets

    Have you looked at their web site? Have you looked at the reviews under the Broker Review section in ET. If that is too much trouble - the answer is yes.
  4. L

    There is more to futures than e-Markets

    Any your point would be? You might be "preaching to the converted" in this 'Misc. Futures' category. I think most of us in here mainly trade the pits - there just isn't a category elsewhere for us pit traders. Nothing wrong with the e-markets IMHO - just ain't enough of 'em yet. I cover up...
  5. L

    Hemp futures Buy em!

    I think you're right - no one would ever sell - everyone would just want things to go higher and higher...
  6. L

    Anyone know if they are breaking those Silver trades

    You're right - that is ridiculous. If they don't correct/bust that abberation I wouldn't go near zg with a 40 foot barg pole.
  7. L

    Open ECry Problems

    I've been with them for about 15 months now. Agree that this new platform was not ready for primetime. I don't daytrade but would not want to be daytrading on this new platform until the bugs are worked out. I'm using it for the bulk of my trading though (pit). But looking at the big...
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    Anyone know if they are breaking those Silver trades

    I see what you're saying - sorry, I trade the pit contract. But my experience with the electronics (which is why I don't trade it) is that they will fluctuate with wide variances from the pit when things move like they did this afternoon. Stops get run over in the electronic with no control...
  9. L

    Anyone know if they are breaking those Silver trades

    No reason to break anything - this is a market correction - that's the way it goes in the silver pits...
  10. L

    QM volume picking up

    I was very active on both QM and QN, but virtually stopped after the change because i lost my DOM (can't see the depth) and because they only accept Limit orders. This means I would have to watch the market all day long versus putting in a stop and walking away. NYMEX are stupid and I can only...
  11. L

    ECBOT Mini-Gold Futures

    The full size rolled to Feb, not Jan...so goes the mini...
  12. L

    e-miNY crude oil and gas futures changes

    I am aware of the large bid/ask spreads on QN/QG - and that is why I can't believe Clearpoint is not allowing "market orders". Have you not been in a position Thursday morning when the Nat Gas report comes out and the price just explodes. That is when you want a market order to get you out...
  13. L

    e-miNY crude oil and gas futures changes

    Sending or staging a Limit order is not the problem. My question was why NYMEX, in their great wisdom, decided not to accept market orders. It isn't my platform preventing a market order, it is NYMEX. I am not aware of any other exchange NOT accepting market orders.
  14. L

    e-miNY crude oil and gas futures changes

    The reason is, market orders are "get in now" or "get out now" orders. Limit orders can sit in the market for a long time, until price hits it and you get a fill (or not). Two completely different order types IMHO.
  15. L

    e-miNY crude oil and gas futures changes

    Is this really as nutty as it sounds? Or is this just my broker? You can't enter a Market order for the QM or QN? I suppose the work-a-round is to enter a Limit order where the Limit is way above the current price, but what is their point?
  16. L

    What tends to trend the best presently?

    oats, copper, gold, silver and sugar to name a few.
  17. L

    How do you pay yourself?

    I think a way to get a salary in this job is to manage a hedge fund of, oh, say a modest $50million or so. Take the mandatory 2% management fee to pay overhead, staff and, oh, your own meager salary of say $250K a year. Then simply string that along as long as it will last (survivor bias) and...
  18. L

    e-miNY crude oil and gas futures changes

    that's the symbol for emini nat gas january 06 on tradestation (clearpoint versus qg on globex)
  19. L

    How do you pay yourself?

    The answer to this will vary by the number of people who respond I'm sure. I for one take out taxes due on 12/31/xx and put them aside - reducing my risk equity accordingly. Then, through the year, whenever risk equity exceeds my "base equity" by more than 10 - 15% I'll take out th excess -...
  20. L

    e-miNY crude oil and gas futures changes

    What just happened in QNF6 mini is exactly why I'm not trading it right now - the pit HOD as of 12:15 EST is 12.100 whereas the mini spiked to 12.185 - that's a $425/mini overshoot...I'll bet some stops got smoked...
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