Search results

Last time I was in New York, I was in Fishers shop talking with some guys there. He runs the biggest shop in NY and is a good guy. Don't know alot about him personally. But we have a mutual friend and FISH is a great trader and teacher. Rare combination. I would back up what you are...

Indulge me with more info on these permits? Commissions on the Nymex are killing me. One good thing about Interactive Brokers is that you can clear a Nymex Mini for 6 bucks. Try clearing them on TT ----it will kill you. Are these permits like Leases on the Minis? If so, I am interested.

Pabst, if I were you. Since you already have the skill set for the floor. I would hop a plane to New York. If you do not like NatGas or Crude there are others with huge floor business. Comex has Copper and Gold and Silver. Gold and Silver especially. I would be willing to bet ----if you...

I found both to be good and fair. Oanda runs a fair game and that is saying something with all the bucketshops out there. I have been really impressed with IB as well. Especially, IB of late. Of course, there are size considerations. I never really thought about trading small lots. But if...

They do all of the above. There are spreaders and scalpers. There are position traders that trade direction AND go home with positions (they are the ones that tend to make the transition to the screen---they are always directional traders that can put it out there). There are as many styles...

I just wrote you a long explanation. Unfortunately, I clicked something and screwed it up and lost it. In short, the US has the only floors left in the world. They are not as efficient. Although, I am a fan of side by side trading like with the Cbot. The floors are a different game. Had...

Good Posts Pabst. I have only been an upstairs trader. I traded for a famous Cbot floor trader. It is a different game. He did ok off the floor. Nothing like he did on the floor though. He was much happier letting me and the rest of our small group trade for him off the floor. The edge on...

Ok that explains everything. No more is needed. I am always on the opposite side of guys like you in the short term. Especially, when it is the beginning of a new trend. However we are in the same Stock trade. But I went short the ER2 and Spoo a while back. A while back for me means never...

Just curious. What is your reasoning for being short? I could not take being short any more and flipped my position like 4-5 days ago. No reason for me dumping shorts---just did not feel right any more. I think we are going to trade off stocks now and if stocks dump ----the lemming will buy...

It seems like they are really trying to hold this damn thing up. For the record I am short ER2's from a while back. But I have been scalping this damn YM for and against. Especially into the close. Like right now! High oil will eventually break the damn market. The only way to cushion it...

Oh my, another bad trade. Thanks for the trading idea. Now, I am buying fixed income. :D

Rickshaw, I don't know how long you have been trading. I don't even know if you are profitable or just getting profitable or making 7/8 figures a year. But if you are not making lots of dough. With that cocky attitude-----U will be. :-) that is what it takes.

In Liquid market patterns go through a self reinforcing and then a self defeating process. However, when you start talking about some manipulating the stock indexes. Well we just do not have a precedent. So it will not end well. But they can keep things going for alot longer than most...

That is when the Plung Prevention Team will switch it up and try to kill people. Your idea of free money is not exactly free. Just recycling our tax dollars! By the way, in a fiat money economy such an endeavor would be incredibly easy. Especially, with all our big brokers. No change = No...

I have wathed this for years. The following is a sound bite for you. I have seen things in the Spoo that is unexplainable. I really saw it and heard it on the floor. I remember the Asian meltdown and Sept 11. What happened after those events had manipulation written all over it. I never...

I have seen it work now WAY to often Seth. When it works really well the Hang Seng and Nikkei explode as well (they are in a big uptrend). I have been at this since 1995. Watching the tape tick for tick. I have been watching markets from a day to day basis since around 1984. Other than...

Classic 3:00 low----bet you bought them at 3:15 even.

IBsoft, One thing that you need for the charts is a way to adjust the bar spacing and it would be nice to be able to scroll as well. For instance, if you pull up a one week chart 30 min on USDJPY it will be scrunched up unless I expand the chart across my whole 19 inch monitor. Do you...

I have an account at IB to trade the Hang Seng. The data is free along with SGX data. 19 inch Lcd's are dirt cheap as well. I have found when the hang seng is moving ---it is pound for pound the most bang for your buck. But it will get wild on you.

Back a few years ago in Chicago, I was trading for a desk. Anyhow, our brokerage we were clearing was bought out by Refco. Before that I had only dealt with Refco via the Pit and they were quite good. Refco had a ton of dough. So everyone assumed that they knew what was up or could at least...