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  1. M

    Will Divorce law be the next big growth industry?

    Funny I mentioned the same thing to a few friends last week as it seems obvious that housing troubles will lead to money troubles which leads to marriage troubles which leads to more housing troubles(many houselholds need two incomes to make the mortgage).
  2. M

    What is up with crude oil up $4.00 @ 67

    Other markets did not react?????? Only Crude??
  3. M

    What is up with crude oil up $4.00 @ 67

    DITTO. WAS HOPING SOMEONE HAD SOME INFO AS TO WHATS UP. COMPUTER STOPS HIT OR EVENT DRIVEN???????
  4. M

    QM volume dropping off

    I meant actually that CL is better intraday. The crude market is still an excellent intraday mkt. My personal favorite. It's just easier to slide in and out of positions in the full sized contract and you get a better bang for your commission buck.
  5. M

    Oil and Report Wednesdays

    It all comes down to style I suppose. Personally there is plenty of volatility on non-report days to keep me happy, don't need the added excitement of a report to generate good high probability/ good risk/reward trades.
  6. M

    Oil and Report Wednesdays

    I never place trades before the report either. If you liked the market, why not trade CL(full-sized physical contract).
  7. M

    QM volume dropping off

    The volume in QM has declined steadily since the Full-sized Physical contract (CL) has finally gone electronic. Qm is fine for positions but not as good for intraday IMO.
  8. M

    Oil and Report Wednesdays

    Do anybody that trades Crude intraday skip report Wednesdays? I have focused exclusively on this market for a few months, which I think is tops for intraday traders(at least for my style) it is. The reason I ask is that I have noticed a reduced number of good low risk trade opportunities on days...
  9. M

    What's your favorite trading quote of all time?

    Favorite quote which could be applied to trading: Scene from movie "Jaws" where Richard Dreyfuss(aka Hooper) says to the Mayor of Amity "I believe you are going to ignore this particular problem until it swims up and bites you in the ass"
  10. M

    Executing Physical Crude on IB

    Yes, but my question is when the rollover occurs. I am assuming 3 business days before last trading day, however with the crude contract it's confusing because the volume in the morning for (Jan) was greater than the new front month(feb).
  11. M

    Executing Physical Crude on IB

    Today I was unable to place an order for the full-sized electronic contract (january) through IB because it is physically settled and not cash settled like the mini contract. It appears they won't allow it that close to expiration. From what I gather the Jan contract is still the front month, at...
  12. M

    Pit trader looking to move off the floor

    Whichever direction you decide to go, private or working for a firm, my 2 cents would be to continue trading the same contract you have been for years. That alone is a huge advantage. Perhaps you were scalping off of order flow, hence your trepidation regarding screen trading. However, each...
  13. M

    COMEX Metal Futures to Trade on Globex!

    Which contract will be the dominant electronic contract in terms of volume, Comex or Cbot?
  14. M

    California foreclosures hit 4-year high

    http://www.minyanville.com/
  15. M

    Why do Indexes lose volatility?

    Agree with you. ES is not the best market unless you are trading a very large account and need to move size. Most smaller daytraders would do better in a more volatile market. IMHO
  16. M

    Real Estate death spiral - how best to profit?

    Can't speak for Manhattan as I know nothing about that market but around the country there is a glut of single family homes that are vacant and for sale by speculators. My guess is eventually many will pull them off the market and list to rent, which should saturate the rental market and prices...
  17. M

    "Scaling out" is inferior behavior

    There is no such thing as a superior trading method, only superior traders using a method which works best for them. End of story....
  18. M

    A question for those who use Ensign for charting and IB for data

    In my experience, linking IB real time quotes to your graphics program will often have a 1 tick discrepancy(which for short term traders-means something). Eventually their data farm picks up the data which is why is shows up after the refresh. I would try another data source as a trial as see if...
  19. M

    miNY Crude Down

    I thought when the mini contract moved to Globex these problems would be eliminated. Guess not.
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