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futuresRX Any thoughts on buying dec/apr hogs here? Spread is 14 under currently and as far as I know I have only heard of it being as low as 15 under in 98 and 02. Also thoughts on dec/feb hogs and dec/feb cattle? Had some dec/feb hog shorts on but took profits after that spread...

Yeah right! Those guys have probably forgot more about trading than I will ever know! The 30 under 30 list is by far the greatest read all year! However its kinda bullshit when they put guys from banks and hedge funds on it. I would respect it a little more if it contained only independent...

Thanks man! That means a lot! Just a little tidbit of info here.....out of my bean shorts today for a nice gain. Those beans have just fallen too damn far and any sort of early frost scare will send them back up hard!!! So I am going to be very careful about shorting beans again until...

Hey buddy, you trade the meats you send the orders to the pit.......plain and simple

I do most of my trading through a small brokerage in Minnesota but like with my eurex scalping I trade through a discount broker. lol I get that question a lot and could never quite understand why. What difference does a broker make? I mean yeah you want one with decent commisions and a...

Sure The equity equivilent to the futures orderbook is called the level 2 I think it is a little more transparent because of the fact that their are little symbols on the sides of the book that tell you who is bidding or offering (granted I said a little better because they can still spoof...

Wayne Im very appreciative of the compliments but I have much to learn yet. YT

Yes it is........Magnus is a good friend of mine and is very knowledgeable as far as trading career decisions go (I have asked for his advice multiple times in that area). However I have yet to recieve this months issue? I know mail takes a little longer out here in the boondocks of Iowa but...

Joab I appreciate the advice. I only have a few k invested in this SPNG stock (which is a very small amount compared to what a normal 18 year old kid would have considering a normal 18 year old account size........did I just say there is such a thing as a normal 18 year old trader? lol) I...

staffpro As most know on this journal, I get extremely complacent in just about everything I do. I always need something new and exciting to keep me going, especially in this business. So basically I just continuously move from different markets all the time to keep me interested. Some...

I wonder why all of the options markets aren't completely electronic? If es options are doing so well fully electronic I wonder why there is still such volume in the other futures options pits you know? Does es have a big spread market or is it mainly just outright puts and calls?

Didn't even know it was possible to really day trade options (unless you are a bot monkey and are simply making markets). I was always wondering what those guys did that trade options upstairs? Do they just put on positions and hold them or are they simply watching their automated...

Now how can you argue with that!!! I would give my left nut to work on the floor! Hell I would probably pay them just to have the opportunity! PS The clerks are really hot too!!! YT

Took $3,000 to $10,000 when I first started trading and then took that $10,000 to just under $100,000 as of right now.

This always use to happen to me while trading intra day (even happens now sometimes). I found the best way to combat it was to cut down on size and frequency which is better said than done I know. However if you think of each trading day as being a punch card and you only get so many punches...

Not quite 100,000 and I believe it has been a year and a half possibly 2 years. I started trading heavily when I was 15 and I had 3,000 to start with. The reason I want to work for knight is simply for the experience. I can trade successfully now and I know that will probably never change...

Why do you say that? Eventually this bear market will be over and another bull market will return and once again the public will go to the otcbb/pinks for a cheap thrill.

futuresRX Your the man!!! 50k since the start of the journal!!!! Thats talent everyone! YT

ProfitTakgFool Thanks for the insight. I have always been the type that had to go through the window instead of the door to get my way in (and I was taught that when the window is blocked go through the chimmney, etc). I have always had to outhink, outwit, outsmart my opponent to get what I...

I am actually only a senior in high school and will be graduating early this year to move to Chicago to find work as a trader. Im not exactly the Harvard/U Chicago type (never have been). I know however that you run a hedge fund correct? Thanks