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its not just this thread...hes very bitter about something. jim

Once you really understand the inter workings of the merc or cbot as far as the clearing and out trades and the way the trades are reconciled at the end of the day. One can only come to the conclusion that this is impossible. There would have to be SO MANY people in on it that you could NEVER...

Futurestrader71 is in DC i think. I think he runs a prop firm but its for futures. You might look him up. Seems to be a smart guy. BTW alot of people look at the market and say "well I only need 200.00 bucks a day to live, surely i can do that". Its tough..real tough..but worth trying. Jim

What about contract specs? Would it be 100 ounces per contract? Trading would start @ 4:20? What would the price be? Would this be for grade "A"?

As marijuana moves slowly towards being legalized, would there be a need for hemp futures? Is a crop of pot hard to maintain? Or would most of it be grown in a controlled environment where there would be no real need to hedge. I mean there are no tobacco futures. (at least that im aware of)...

i saw it...tough sell to make...but the good ones usually are. jim

did u used to be trdr 2000. ? u sound a little like him. jim

I think being a little vague adds to the problem of people thinking your can make them rich. I think it just makes them more curious. "hey, if this guy doesnt want to talk about what he does...it must be something cool/lucrative." I personally try to explain it in layman terms as short as...

nice, i heard about this...out by the horse after the close. he sits right next to one of our clerks. i heard he puked after the 30 min time limit. eewwwww jim

"lean" is a term form the pit. If a broker in the pit comes is with a large offer..say 300 spoozs for sell @ 4.00. as a local you would want that order to your back. in other words you would want to offer 3.90s in front of him knowing that the 300 lot is not going to be just scooped up right...

I work for a MM firm. My left click button (for TT) is 50 minis and right click is 25 minis. I average about 3k minis per side per day. (buys/sells). Now this isnt my money but my bonus..or lack there of , does have alot to do with my p&l. I hedge for the option traders on the floor. I am...

i have use the nyse-tick on Ib but when u try and chart it the chart values wont dispaly a negative #. When the tick value goes below zero the quotes show it is negative but the chart will go no lower that zero. Anyone else have this problem? thanks jim

I worked for Margie for well over a year and my wife was with her for almost 3 years. Can women have balls? I think this one had them the size of grapefruits. Not a huge surprise she blew out again. Like the guy said in the article she would take on every order just so no one else got a piece of...

Thats exactly what he did. He would wait until it went to arbitration then make good on it or pay the fine the day of arbitration. The guy doesnt have alot of friends down there. The 50k is on top of alot of other fines he still owes. With his latest wife being filthy rich i dont think he'll...

hey Duard, I have charting (thompson financial) but I get most of my orders from the exchange floors. I have 4 clerks on the headset with me in different pits. I also have a guy at the Amex that arbs the spyders against the es. he is just on an open squawk to me. We do have a couple of merc...

thanks guys...this office used to be the old CBOE floor back in the day. weve only been in here a little over a year. jim

I always thought this was the case as well. However I find the same type of skew exists with eurodollars and bonds/notes. How can this be? Jim

I trade for Chicago Trading Co. Check out the website. We are MM. I hedge for the guys on the floor (cboe merc amex). my main product is es with the yms second. i also do eurodollars but only a couple times a day just to hedge our rho. (interest rate risk). We are in the cbot. jim

Hefty...nice setup..i like the picture of the Tarpon. Here is my setup at work. Im the one in the lower left hand corner. ( the red head) Actually it has changed since this picture was taken but still similar. Jim http://www.chicagotrade.com/c5intro.html

just thought id throw this out there. we have a guy in NY that arbs the dia to the yms. (amex) hes tellin me that there are some size offers around the 10616 level. about 300k shares. thats around 600 yms. who knows if we'll even get back up there. just an fyi. jim