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I agree completely. Electronic trading has been good but there is a lot of flaws in it thats for sure. I would not be suprised to actually see the pits stay open for a long long time just incase of craziness like this. It would not suprise me to see a little more volume come back to the pit...

Young Thanks for the wishes. Yeah its been a great year. I will talk about my plans for the new year sometime next week. I think you all are going to be a little suprised!

LOL WOW some of you people are fucking morons!!! We are still debating this? There is no black and white answer. IMO college is worthless and is for the rats who want to run the rats race. Enough said.

I have a few questions about this commodity. 1. Is the general monthly roll period the same as CL? 2. Isn't it a little more liquid during the early morning hours than CL? 3. Anything different about this contract that makes it more/less appealing? I would like to trade this market...

Yeah that was fucking ridiculous! I know a few guys that trade the grains electronically at the BOT and they said it all happened within like a half a second! And everybody still thinks electronic markets are the best lol!

Well the end of the year is here and its been an exiting time for me. I know the real end of the year is monday but my end of the year is going to be yesterday lol! Anyway my total profit since I started the journal is $17,105. That is a 171% return on my investment which was $10,000. Not...

Sorry forgot to post how everything turned out today. Coffee closed at 133.25. Not much to say other than that guys took a little money and covered some shorts. Im really suprised to see coffee staying so strong. Anyway we will just have to see what next week brings. OJ closed at...

Motivate me? Yeah it sure did......To bust my ass and show him I didn't need his college degree to get ahead in life. Not to brag but im already making a little over half what he makes in a year and im a teenager!!! He is like so many others in this world who never take any risks. I have...

Thanks Reaver. This is honestly what I feel! Im not trying to put down a college education but I know that it isn't going to make a hell of a lot of difference in my life. I though you said you were in the military? What part of the military? My dad was an army ranger and went to Vietnam.

I hear what your saying man. Grains are just completely wacko right now. I would say your best bet is to go back to college and get a major in meteorology or just flip a coin and pick which direction its going. Look at beans today. Within like half a second we dropped around 45 cents...

Thought I would give everybody a little update on whats been happening today. Coffee trading a little higher at around 133 OJ trading lower at 142

All in all a good day today. My crude did not work out like I would have liked but I did capitalize on the selloff later in the session. I covered my first position I put on last night at 96.75 which I took a $750 loss on. I did make a short sell around 12:00 for $100. So in the end crude...

shorted another oj at 143.30. Average is 2 at 147.05 now.

Out of my crude at 96.75. 750$ kick in the ass! I shouldn't of tried to guess it but to be honest I really thought we would trade lower today especially with the inventories report out. Inventories turned out to be extremely bullish. There was a draw of 3.3 million barrels in crude!.

shorted 1 more coffee at 132. Average is now 3 at 133.5. I wanted to wait for the close to short another but I dont think we will push higher today, especially not back into that fucking trading range we have been in. This is the start of our trade down into the long term trading range I...

Jesus, Sure looks like things are against me in the crude position. Everyone saying that the durable number will reveal a weaker dollar. They are also saying the inventories are going to be bullish yet again. Also don't forget about that ladies death in pakastan. Sure sounds like im up...

Good Morning Everyone I shorted 1 feb crude last night at 96. Up about .50 today at 96.50. Some fucking lady overseas was killed last night so that is making everyone crazy. I think she has something to do with pakastan or something like that. If this was a really big deal we would see...

Thanks for the advice. Im thinking something along those lines. Probably econ because I heard its a little easier than finance lol! Anyway.....Happy Holidays to you too! P.S. For those who give a shit I just got short one feb crude at 96 not to long ago. Taking a gamble here but its a...

That doesn't suprise me. These guys have literally been printing money over the past and now that energy trades mainly on globex they don't have a clue. This is not a new trend and I have heard that same complaint from many locals on different exchanges. Thats a good observation on the mm's...

I agree 100%. People think college is their golden ticket to success. Most of them just end up getting a dead end job that they hate. They get an average car, average house, average wife. They work their job for 40 years and hope to get just enough saved up to retire and live like rats the...