Search results

Why the heck are you trading every week on a single system, as from my prospective, there is no way you're making money buying the same 20,000 shares on a Monday and selling them on Friday. The volitality is way too high and the success rate is probably low.

You're better off just placing some conditional orders with E-Trade, Ameritrade, or even Interactive Brokers. Do a anonymous trade with an opening cross every morning. Flat $9.95 with TDA, I don't know what ETrade is, IB will do the opening crosses.

I think they can take the other side if the price is competitive to the market. I personally do trade both pit and globex, it is surely profitable although would be more so if there was more Globex volume.

I've been in futures markets for 28 years and have been investing in stocks for 28 and trading them for about 6. It might have something to do with connection times with the brokerages. I'm not sure exactly how it works, but if your connection is directly to the ECN or exchange it'll be...

Also, You could do Ninjatrader for free (they do free simulated trading without a data feed) and get free emini and ECN quotes from OpenTick. This would probably be the best solution if you didn't want to pay for a simulator/paper trader or get hounded by brokers after signing up for a trial.

Interactive Brokers, from what I understand, only has a trader in the SPX and if you pit trade something else, it goes though a contracted third party, so your fill is dependent on how good they are.

What you're looking for is Nasdaq TotalView, which I believe can be found through these providers: https://www.nasdaqtrader.com/asp/totalview_about.asp $15 per month for non-professionals and $76 per month for professionals, plus a mark-up or platform fee depending if they have one.

That's because a 20-30% return is big for people that just dump their money into a fund or individual stocks and let it ride. For us active traders, yes we take on more risk but we are more aware of price movement, therefore letting us generate larger returns in excess of 100%. I'm a pit...

Usually if you open up a futures account, they'll include a simulated trading one too. Most times you won't even have to fund the real trading account, as to not tempt you to trade it. Here is a list of CME simulators that can work. I think they generally have a 30 day trial if you're not a...

I'm pretty sure brokerages don't mark up, but some Level IIs might not include quotes from all market makers and ECNs. Direct Access brokers will generally have TotalView, which shows you every single quote from each ECN.

Well us pit traders generally don't trade off charts, just pure price movement and volume momentum.

If you're getting quick fills, it might be that they're just going straight to the floor broker or that they're just taking the other side of you trade if it is competitive to the market. Are you trading at market or doing limit orders? Since there are only one or two quote reporters to do...

If you're still looking to trade Lean Hogs electronically, let me give you some insight. There really isn't a great market for hogs via the Globex platform, although it has improved since last year. Down in the pit, we do a lot of volume and I think the contracted IB floor broker is...

I am happy with my job and work from 9am to 1pm CST every other day, doing what I do best, trading Hogs. I'll also do some electronic ES and NQ trading from 2 to 4 and a little overnight.