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Yeah, should be required reading for high school economics. Of course, it won;t happen. The only problem with reading it is you still have to exist in the "real world". That or build a cabin high in the Rockies, complete with shotgun and lots of ammo...

Had same problem all last week. IB said they were working on it. This morning still not right. I went back and downloaded earlier version and seems to be working. The problems all started after the update.

Got a good chuckle from that, thanks!

Define ultimate speculative vehicle. If your just looking to punt back and forth, there seems to me to be much better vehicles out there for that. CB's also appear to intervene in this market more than most. The current price of gold is somewhat of a mystery. It's inflation adjusted price...

I don't believe Gold should be speculated on. It should be HELD as some fixed percentage of your net worth which only you can determine. If you don't currently own any, you should buy, and not wait for a correction which may or may not come. I'm not a goldbug but am familiar enough with the...

Man, this place is like a merry-go round, constantly forced to choose between ignoring stupid inflammatory comments or defend yourself. I guess in this case I have chosen the latter. In respect to fragile egos, maybe we should look at yours instead. I did say thanks for the response, only...

Ok, is that a peace offering? Accepted, however you still making assumptions whether you realize it or not. Although I clerked the S&P and have traded it in many time frames, I am currently not. I was trading Crude Oil as a position trader a couple years ago and it morphed into daytrading...

And wadda ya know, Crude opens lower on globex.

Any rule I ever (heard, read about, or created on my own) there came a time when I felt it should be broken, except for one, which is RISK management. Trading is a creative and freewheeling endeavor and anything goes, but not taking your loss will end you. Baldwin seems to be able to finesse his...

To the contrary, my point in making that statement was to show how some responses on this forum are indicative of EGO (which in this case includes yours). If in all your VAST experience, you asked a question and someone responded with "when you learn how to trade" What would your response be...

Yes, this is true Batterup. But one must be careful not to be condescending in tone, for one never knows how much or little experience another has on this forum. I appreciate your comments because after all, I solicited them. But you have assumed I am new to trading which is false. I clerked...

Yeah, I'd have to agree with you there. It's a difficult choice, that's why I started the thread. Pros and Cons to both. For me as I mentioned, I'm not a really good multi'tasker, and because I trade volatile mkts, it demands a huge amount of focus. On the other hand, with my style, as in...

I find P&L for each is roughly the same. At times, each market is offering an opportunity independently, other times they are happening at the same time, which makes it difficult to capitalize on both. (At least with my style of trading, which starts off very short term and involves close...

Was curious as to other traders experiences focusing on trading only ONE market. I am referring to daytraders in this instance. There is definitely pros and cons to it. Personally, I follow 2 markets intraday, but I continually find myself drawn to a desire to trade just one. Often I find...

I having been watching the mini Gold contract trade for a few weeks, IMHO it doesn't appear to lend itself well to daytrading. If you trade strictly off of price(technicals) there seems to be much better vehicles out there. Much better to hold some physical for a rainy day, and forget the...

Anybody have any opinions as to whether the new Physically settled Full-Sized electronic contract will attract volume. Since moving the Mini-crude to globex, there has been a nice increase in daily volume. Personally, as a daytrader, i would rather trade the full sized contract but the volumes...

Separate from supply/demand arguments is the fundamental problem with the soft US dollar, which over the last few years has resembled cold cereal which doesn't hold up well to milk. Any continued weakness could easily push crude oil to $100. This is a point I feel is often overlooked by those...

Actually I do trade ER2 exclusively, so the liquidity would be an issue. I have never looked at the options before. Perhaps a ES put or even a OEX option work. ER2 is more volatile so it would not be perfect but I am really trying to address the anomylous event which I hope never occurs. Any...

If there is good liquidity, why would you have a problem locking in the gain on the hedge??

Was wondering if anyone employed a strategy to protect themselves in the event of a sudden disastrous event such as huge earthquake in Tokyo, LA , a major explosion or some other calamitous event. I daytrade equity index futures from the long-side perhaps 80% of the time and would like to...