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  1. Q

    $1.5 fee for 10 tons of corns

    i don't know the elec-market in china, because i asked many manangers here, and nobody knows, because they don't study and they don't need to know anything to become a trading company's manager. fill is fast. mostly like 1/10 of a sec, because after i entered the orders they are already...
  2. Q

    $1.5 fee for 10 tons of corns

    not 3 yuan. it is 3%% one way. so 105 yuan for 5 tons of copper. for oils, it is a flat fee. i still feel it is too HIGH. i pay less in penny stocks.
  3. Q

    $1.5 fee for 10 tons of corns

    we got big moves intra day. easy to make money. we don't have L2 as in stocks, but it shows OPEN positions, Close positons etc, so easy to track long and short. easy money! china has a seperate market. chinese copper is interactive with internatinal, because chinese demand on forgein copper...
  4. Q

    $1.5 fee for 10 tons of corns

    i trade 2 makets and have a software biz. work 16 hours a day now. 1 contract = 5 tons in copper. 1 contract = 10 tons in everything else. 1 ton=1000kg, so 1 contract is 10000kg=21000lbs i pay 3/10000, how much do you pay in IB or elsewhere? i short copper and long bean oil now...
  5. Q

    $1.5 fee for 10 tons of corns

    i am shorting copper, but fee is too high. i pay 3/10000 one way. highest among all futures. i must do long term. local chinese traders are pretty stupid. very easy to make money here. for those reasons 1. they translate foreign information wrongly. 2. all analysts bullshit in their own...
  6. Q

    $1.5 fee for 10 tons of corns

    i trade chinese futures. currently i pay 4 yuan for 10 tons of corn. one ton costs around 1400 yuan. leverage is 10. minimal tick is 1. so if i buy at 1400 and sell at 1401, i pay 0.8 and get 0.2. one us$ = 8 yuan. i want to try to trade in IB. i just want to know if the IB fee is higher...
  7. Q

    $1.5 fee for 10 tons of corns

    anyone can answer this?
  8. Q

    $1.5 fee for 10 tons of corns

    I trade futures in a different country. I pay $1.5 for 1 contract of corns, and 1 contract=10tons of corns. I will only pay 1 way fee, if I close the trade within 1 day. I wonder if 1 contract in US or UK market is 10 tons or 100 tons. It seems Agriculture (Pit/Floor Traded) USD 6.00...
  9. Q

    COST, looking good at $51 level

    very weak hanging around $52. TMTA looks like an interesting buy at this level after Intel lawsuit.
  10. Q

    COST, looking good at $51 level

    looks to break new high soon. top self lowered target! just like BOBJ did last Q!
  11. Q

    TRT a perfect stock, up 50% today

    i feel it is time to close the long position in this stock. it may go up to $18 $20, but the down trend risk is pretty high now, becaues all insiders are selling this stock as many shares as possible. it is possible that the hedge fund did not call up the management to ask them not to sell...
  12. Q

    BOBJ great earnings

    my other pick TRT is up more than 100% in 2 months!. take a look at my new pick: RWC http://www.elitetrader.com/vb/showthread.php?s=&threadid=77936 i think RWC is looking to be 10+ soon, so 30% gain from here. 10+what, i don' t know. most players in this stock are well known. in many cases...
  13. Q

    What is needed to set up a pro firm?

    Most programmers cost $250-500 a month. New college graduates cost 250. Programmers with 2-3 years experience cost 500. If you need one, I can charge you $1000 a month.
  14. Q

    What is needed to set up a pro firm?

    1. I hate leverage. TIME is my enermy in overnight position trading. 2. I found that outsourcing is more expensive than hiring employees directly in the outsourcing country. 3. It takes too much time to train a trader to be good. During the process, the trader may lose my capital. On the other...
  15. Q

    RWC, Growth, Low PE, No debt, Bridgeway is buying

    No long term debt. Take a look at 6 month and 1 year chart. Technically, it has another 50% run from this price level. The company is facing a high growth, New Products, New Contracts, Renewed Government Orders. Most important is the Gross Margin. Most growth companies grow at the cost of a...
  16. Q

    Starting Daytrading Firm in India or China - advice?

    i currently, i am in the middle of setting up a shop. not a prop firm, because prop needs 10x capital. prop model is mainly making money off commissions. it is no way to control fools to trade on my capital. my plan is to hire programmers to do automated trading, or use programers to pre screen...
  17. Q

    RWC, Growth, Low PE, No debt, Bridgeway is buying

    RWC is another perfect stock. High growth: Sales is up 30+% year over year Gross margin is increased from 50% to 55%. Low PE. using its 15c/6months, we get only PE 27 for a high growth company. BRIDGEWAY CAPITAL has 257,900 shares, an incrase of 45,500 or 21.42% since last Q. Bridgeway is...
  18. Q

    What is needed to set up a pro firm?

    i have decided. here is my plan: i am setting up a pro firm, not a prop firm. $250 to $500 is enough for they guys i will hire. instead of hiring a trader, i will hire a programmer, basic C, Perl programmer to analyze RAW, 10Q, S4 data. instead of day trading, i will use the programmer for...
  19. Q

    What is needed to set up a pro firm?

    I mainly want to focus on half automated trading. My known monthly cost is Rent $500 2 Trader employyes $500 ($250 each) 1 programmer for automated alert system $500 For now, I can think of the following questions. 1 Software that manage the risks, such as force a stop loss, prevent...
  20. Q

    BOBJ great earnings

    I recommanded this stock at $23-$24 level. It is now $33.73 after 2 months. Right on!
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