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I was never one for the city anyway so eventually moved back to my home state to trade electronically and started a small firm there. And that is where I am at today. The members in my group have seats on multiple exchanges and actively trade thousands of contracts daily in both the grain and...

First off please make no mistake this is not about "tooting my own horn" I have no interest in that. I started this business like anyone else, a nobody, just someone who had an absolute adoration for the business and wanted to succeed in it in the worst way. I started trading very young for...

Wow it's amazing to look back on here and see how things have developed. I now am a member on the CBOT CME and MGEX and actively trade/make markets in the grain and livestock futures. I do this completely for myself and run a small prop group now. I'd like to start posting on here again...

I own a small prop group PM me you contact info/details and we'll see what we can work out

Disagree completely....both pro rata and FIFO have a place in our markets and as most would probably agree a mix of both seems to be the most fair for all participants. Consider grain spreads....in a full carry market someone can step up for thousands upon thousands of spreads and take all...

I had everything in my trading account as well as some general savings which all together added up to around 150k. Yeah you have to respect the old timers here.....now a days it seems like everybody is a member of a prop firm and needs a salary, split, benifits, etc. Whatever happened to...

Definitely possible to do what you wanna do. I myself went through the same process about a year and a half ago, although I had the money to back myself if I wanted to, I wanted to go the prop route to try to learn and experience true professionals trade. However I learned that the prop...

Not sure what might be your exact problem so I can only talk about my personal experiences. When I have a losing streak it really hurts me emotionally. I start second guessing myself a lot and question my motives for putting on a trade. I start to pour over research which usually leads to...

I have traded a lot of spreads in a lot of different markets and I make my living trading spreads but I have never been able to really understand livestock spreads and why they move (cattle seems easier than hogs for some reason in my experience). Good luck to you

your an idiot Ever heard of a thin holiday market? Shit gets a little crazy. Deal with it.

your better off legging a spread like h/k because you have virtually no chance of buying bids or selling offers when its usually 20k up at night and 100k up during the day

reading orderflow is more about reading just the overall rhythm of the market than actually trying to get edge on something and flip it real quick like they did in the pit. Its definitely something you just have to experience and is impossible to define. I trade purely off of orderflow in...

And the incentive for doing that would be????????

After seeing about 12 new threads over the past few days it seems like a bunch of you would like to try to be grain traders and grain spreaders. After seeing a lot of the threads are noobie questions such as "will I get corn shipped to me if I forget to close the contract on expiration" or...

Dont bother trading z/h It is 200k bid/offered always! Unless you are willing to do at least 500 spreads a pop you wont ever get filled unless you hit bids or lift offers.

Yes it is very amusing how most on ET will talk about proper liquidity when most of them won't do more than a 1 lot anyway. Proper liquidity is only important if you do size, remember that. Also the minis are arbed by locals in the standard contracts. If there is an arb opportunity in...

The OP sounds like a losing trader without an edge. imo this would be a terrific opportunity for a new trader to step in (if they can make it in this environment they can make it in any environment)

Well thankfully im not a busted trader (yet haha) but I suppose if I blew up I would probably become one of the following. In no particular order. #1 Truck driver (always wanted to do this) #2 Farmer (grew up on a farm) #3 Own a bar (who wouldn't want to do this???) #4 Stay at home dad on...

For the people that reach that kind of wealth in trading I would say that it just becomes numbers to them and they really dont change their lifestyle much. Its the thrill of the game that keeps them coming into the office.

I would like to know how much you guys spend on overhead on average a month? This includes exchange membership leases, internet connection, software, etc. Im talking just the bare bones here. Please don't include news feeds, commentary/research services, etc. I am more concerned with your...