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    CL Redux

    what broker do you use S, and that was a limit stop, do you put your stop at .80, and your limit at .75, has your limit stop ever been skipped on a sunday noght stop running attack? the weekly doesn`t appear so favorable for crude.
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    CL Redux

    it appears crude will try to defend this 70 dollar level,
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    CL Redux

    well going by the charts we have broken a year-long trendline, and if i was just going by the charts i would say that there is some support at 69.09, then next support at 65.56, with some stronger support at 62.50. But there is no way we should hit even 65 in the middle of the summer driving...
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    CL Redux

    yeah it shows how mispriced things are by wallstreet, always have been and always will.....just look at crox, i remember shorting that at 58, and having to take a quick profit b/c it was going much higher, and it did......trend trading which dominates wallstreet inevitably leads to mispriced...
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    CL Redux

    Its going to be real interesting as front month expires this thursday, last expiration the front month was getting hit (nothing like down 16 bucks in such a short time period) and then on settlement day it was bought up. The real question is does this thing take a dump on settlement week, or...
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    What is the reason for IB to be trading?

    GoC, That is one of my concerns, we only had one of the most "non-normal functioning" market moves in the history of the market, down 1,000 points up 700 give or take, and the brokerage where I have an account, was it seems, a major participant in that move- I just never thought of IB as a...
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    What is the reason for IB to be trading?

    The problem I am worried about is an inherent conflict of interest, if IB engages in a heavy dose of trading their own capital, and they know that a large percentage of their clients portfolio is leaning one way, and they can run a bunch of client stops just because they see an easy opportunity...
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    What is the reason for IB to be trading?

    The CME document shows that during the sell-off and subsequent rally, other active traders in e-minis included Jump Trading, Goldman Sachs [GS 143.23 -1.42 (-0.98%) ], Interactive Brokers, JPMorgan Chase [JPM 39.89 -0.92 (-2.25%) ] and Citadel Group...
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    Any interesting videos from May 6?

    that`s not quite as dramatic as watching the selloff, and one minute the nasdaq nq is down 95 and 4 minutes later it is down twice that at 200, i have never seen that. I don`t know, but conceivably a trader could think that at 600 down these are once in a lifetime prices load up the entire...
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    what caused today's recover?

    I have been thinking about this fact as well, and my answer gets to what I think actually caused the downturn. The shorts were pushing it down, and it kept putting in lower lows, and it was so consistent, they never had to cover, this encouraged more shorting, and I think some huge size was...
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    What was the slippage like for stop orders today?

    Any personal experiences during the crash, wondering what the average market stops were getting as far as slippage?
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    Nasdaq to Cancel Trades

    how would that work if equities trades are busted, and futures trades are not for the same time period......how do they seperate the cause from the effects on correlated markets?
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    Would a Limit Stop get a Trader in Trouble Today

    Will this be ok? This is with IB `s presets: Attached Stop Order Order Type: Trailing Stop Stop Price: Parent Order +/- .20 cents Trailing Amount: 0.20 Say for trading crude oil on a setup that I want to get out if it doesn`t break, and follow down with my stop if the trade...
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    Would a Limit Stop get a Trader in Trouble Today

    Use market stops NOT residing on your brokers server, but in the cue ready to execute in order received. Market stops resting on a brokers server waiting to be triggered, depending somewhat on the trigger the broker uses, and then sent to the exchange are dangerous imo. I have always used...
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    Would a Limit Stop get a Trader in Trouble Today

    What do the most experienced traders who use stops as a main strategy against a clear setup that doesn`t go as planned to get out of the trade use? This is just a stop to get out once the setup is no longer valid with as little slippage as possible but definitely get filled. Your playing a...
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    Would a Limit Stop get a Trader in Trouble Today

    Versus a market stop? Can someone explain the pros and cons of having a stop that turns into a market order, and a limit stop that must be filled at a specific price for crazy action like today? Would your limit stop get bypassed, skipped over today, or in after hours thinly traded...
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    CL Question

    thanks, I am glad if that is all it is, that was my most likely guess, (i expect this with the official cme settlement price). But the fact that my ib charts show one price at 4:15 on friday`s close, and then sunday night, the price reverts back to the settlement close, not the actual...
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    CL Question

    Time and sales 16:14:59 cst 4:14:59 pm closing price 84.42, yet i opened up cme today and they had june and may contracts both up from friday`s close, ib also had quoted closing prices 84.67 for june, and much higher than the observed close for cl may contract as well for friday`s close at...
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    CL Question

    Does Cl trade on Saturday in some venue or something? The reason I ask is that the closing June contract was like 84.42 and ask was like 84.46 but it closed at 4:15 Friday 84.4ish and today both the may and june contracts are higher by some 20 plus cents, how is this occurring, and in what...
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    CL Redux

    china tightening.
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