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I'm not sure i'm 100% clear on your idea but if you are posting bids and offers hoping to buy the bid or sell the offer, by the time you get filled you will be buying the offer or selling the bid (in other words what was the bid will now be offered and vice versa. This is particularly true...

Ummm, no.

I dont get it. Sounds no different than most other reputable groups in Chicago. What am I missing here?

Was clearing MF up until last week and now considering opening up with Advantage. My other option is to sit it out for a little until the dust settles. Anyone have any opinion on the matter or on Advantage Futures? This probably belongs in another section on this site but I know there...

I cleared MF up until Friday and am considering opening an account with Advantage now. I like the fact that they don't have a prop desk, but in the end is that even an indication of safety? I'm debating doing this now or just waiting and seeing what happens here. Worried about Advantage's...

Hopefully you didnt spend any more than 5 minutes coming up with these

What do you trade and what kind of volume?

If you do this in 3 month eurodollar futures make sure the price you are trading has less than 100 contracts on the bid or offer. This will ensure the best probability (> 95%) that you will scratch the trade. Wait until the size of the bid or offer gets below 100, then hit/lift the bid/offer...

Not true. Having no loss on every trade could mean scratching every trade (which he is aiming to do), and you can't make money scratching every trade. Sorry to get technical.

Pointless for his broker to count a spread or fly as a single contract unless he is charging exponentially in fees for that 1 contract. Never heard of this but if there are brokers that do this DO TELL!!!

Youre right in thinking eurodollar futures. Use the spread packages to scratch your trades instead of the outrights though. You'll generate more trades at once which is what you seem to be trying to do and you'll minimize the chances that you'll get trucked all of a sudden for a loss. Dont...

Ray, I need real time charting for 40 seats. Can you give me a charting package with real time updated charts for free x40? I have my own proprietary back end and am not a customer of any of your preferred/accepted software providers on your list. If anyone has a multi-license real time...

What is the going rate for a basic CQG charting package these days? I cant find any pricing info on their web site. Any other good charting packages comparable to CQG? Thanks

Thanks for the insight, Bone. When you say "use the exchange supported spreads", what do you mean? Are you using TT Autospreader to create custom spreads? if so how the hell do you know what's good if there is no spread package with size? If you don't have size or paper to lean on I take it...

Who trades this and how do u trade it? Leg into technical levels? Then what? The exhange quoted market looks to be very illiquid. I guess my main questions are: How do you know what prices are good? What do you lean on or do with your position when you're wrong? Thanks in advance...

HFT is more than a "luxury", it's a strategy in and of itself. Many of the strategies deployed by HFT firms, particularly the pure arb stuff are enabled entirely by the technology. Then there are all the games played (ie flash orders or the ability to see where liquidity is before others) that...

Bone, you are talking about options butterfly spreads in your list above, correct? I may be mistaken but I believe Nymex does not provide exchange quoted butterfly markets for the energy FUTURES markets you listed. Can you confirm?

Assuming there's no data released (i.e. auctions, economic data, breaking news, etc.) lately it has probably moved from 2-6 ticks in an average 10 minute time frame during the busiest hours (7-10am cst). During the summer it would tend to trend significantly after certain treasury auctions...

In what time frame? 10 mins, 30 mins, 1 hr, 3 hrs? 1 day?

I'm curious to know how other fixed income traders did in August. Did you take time off? If so how much? When you traded how did you do?