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    Total Beginner

    Totally agree.. natenberg is way too advanced for you at this point. You should read Winning in the futures market ..George Angell the futures game.. by teweles and jones My first reco for you is to get these at the library... adn take notes on the stuff you like. there you go...
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    How Much Stop Slippage is Typical?

    you must be specific about the size of your order.. the time of your order.. and the placement of your order..i.e..... placed at resist/supprt/TL etc. intraday not at eia report time less than 10 contracts.. 1-2 ticks.. ba fill would be 3 ticks.. overnight ten contracts could slip 5 -10 ticks...
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    How do people trade in the pits?

    The pits are dying on the vine... no one that I know of would tell anyone to go try pit trading. The options pits are still very active due to the difficulty in getting electronic platforms to perform complicated strategies simultaneously, but soon the options will be electronic as well. The...
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    Billionaire Joe Lewis still long BSC @ 110?

    Selling put options is a great way to get into a stock at a lower price.. he would be down a much greater amount had he just bought the stock outright .. instead he sold options .. and bought the stock at a lower price.. he was going to buy anyway.. so why not try and get some premium and use...
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    Billionaire Joe Lewis still long BSC @ 110?

    Actually.. just how rich is warren buffet.. liquid I mean... he cannot sell all of his stock in a few days and be liquid.. TBP can!.TBP most likely would be just as rich if not richer if he could trade more size in the oil markets.. problem is.. it's like any casino.. believe it or not there is...
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    Billionaire Joe Lewis still long BSC @ 110?

    Geez.. T.B.P. did not short oil at 100! Do you really think they play poker and show their cards.. he said that to get a bunch of idiots short oil so he couild buy it and squeeze the market .. hence whats going on now.. so he is making money as it goes up.. then he will completely reverse ...
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    Forex charts with volume

    use the cme futures currency contracts.. they have real time volume and open in Forex has over 80 banks that submit quotes through e-signal .. volume is going to be bank/platform specific.. I have not heard anything about cme putting forex feeds together.. pardon the pun.. but that's a pipe...
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    IB HSI futures position data was incorrect- now i'm screwed. any recourse?

    Psychological warfare.. i love it.. yes i came back to see your response which only further cemented my original view of how emotional you and how this is everyone else's fault. If you are gambling in vegas and lose big are you this upset? Come on really ? 14K isn't the end of the world, but it...
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    IB HSI futures position data was incorrect- now i'm screwed. any recourse?

    A loss is a loss. A trader needs to understand that technological issues will happen with any broker using any system at any time. It is all part of the risk. Losing sucks.. but learning from it is the most important thing. Everyone needs to stop blaming the platform /IB and look at themselves...
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    options on futures contracts

    http://futures.tradingcharts.com/menu.html
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    If your FX broker goes under, you'll have to wait until bankruptcy settlement!

    Here is the correct answer! Refco FX which went under was not regulated or segregated! ALL customer funds trading FUTURES at REFCO were segregated and had absolutely no loss due to REFCO FX bankruptcy! A smart person would trade Currency futures at the CME (IMM) with a large FCM so the...
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    Does anyone ACTIVELY trade the HSI with somebody other than IB? if so, who?

    you should start with MF Global as well as any other FCM's which can be found at the cftc.gov website under fcm data. YOu will need to talk to a manger and not just a regular account rep. You will also have to be able to prove that you actually do the quantity of round turns that you stated. If...
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    Are Hedge fund strategies really that complex?

    LOL talking to a financial planner about hedge funds? Are you serious! Financial planners don't know anything about trading or anything about the markets.. they charge you a fee and put you in annuities and then sell you insurance.. this is so ridiculous thta its funny. Well this is 10 minutes...
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    Seeking a partner

    dude.. if you aren't wired right then you need to first do some serious behavior modification. I think a lot of people trade to be independent... do want to always have to trust your "trading partner." Get a good broker or auto stop platform and stick to your guns.. no one is going to...
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    Recommendation for Pit Traded Futures Options Broker

    You should open an account with MF Global. They have numerous resources for options on all exchanges around the world. The recent wheat incident was ISOLATED and the fall out is over.. look at the stock.. what a bargain at 14 on friday.. it hit 20 today. Options express etc don't have a...
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    Rogue trader cost MF Global $142M

    1,000's of lots traded in all months in wheat.. trades were on from 3 am to 9:30 am. this broker did not even have any clients!!! 41 minutes into the conference www.mfglobalinvestorrelations.com...
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    Rogue trader cost MF Global $142M

    I agree the position was short.. but no one and I mean no one is in such a hurry to cover that large of a position.. why would you cost yourself so much slippage.. the main problem was the order went out market and should have been LIMIT.. the guy would have lost 70 million instead of 140...
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    Rogue trader cost MF Global $142M

    mf isn't getting into any legal trouble because the trade was covered and thats all that matters.
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    Rogue trader cost MF Global $142M

    correction.. i guess it is that easy to make a mistake.. you are correct.. buy limit is Correct.. most likely covering and didn't want to move market to high while covering.. but market order changed all of that.
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    Rogue trader cost MF Global $142M

    Here is the chart
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