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Go look at the daily around JAN-FEB 2006. Those were the days when I was trading NG alot. That period right there JAN-beginning FEB, was the most volatile environment I've ever experienced. Then it cooled off for like 4 months and I left. I missed the HUGE sell off in June. I've...

I'm trying to figure out what is the benefit these days of joining one of these places. Are they the same thing as the day trading firms back in the Nasdaq boom? Are they designed for under-capitalized individuals who are trying to speculate on razor thin accounts? Traders who want to get...

Did the big dow (25.00 per tick) move to Globex too?

I highly doubt they'll do this. For traders that trade both YM & ES, now they have an excuse to get double the money.

Does this ever happen? Prop firms suing their traders to cover any sizeable loss?

Well, that's your opinion, as I have my own too. At the end of the day, they are just opinions, but you have to weigh the pro's and cons of both to benefit everyone I don't think it's too hard to notice that there are more Americans complaining about their healthcare than Canadian's...

Since it's going to globex, if you pay for the ES data feed, do you think the YM will be included? I'll bet theyll charge separately to get more money out of people.

And good luck to you - in fact you'll probably need the luck more than me. Please use a stop loss.

Great article BT. I love the part near the end when the whole house of cards is about to fall....and they started frantically trying to offset their losses on ICE, but then it went out of control. Earlier they were in a position to cut their losses, but you'll notice they said they would...

OK I think this is my que that I should be leaving the ET forums soon. What are these forums coming to people?

Are any of you guys still shorting the financials on a short-term / intermediate-term basis? What are THE MOST broken financials you have been watching?

I don't think the rest of the sector is necessarily damaged. Decent sized correction maybe, but not breakdown. Goldman, BAC, JPM, Wells Fargo don't necessarily look broken. Beaten down yes, but nothing that can't turn around yet. But Wachovia for example has 4 yrs of gains wiped out in...

I agree that there are way better stocks to pay attention to, but I may just nibble tiny positions for trading purposes.

I agree that C is in a deep downtrend, but it's been pummelled so hard, that we may get a snap back rally. It's almost like a climactic sell off on the monthly. Check it out. If this thing moves to the 23.00 area I'm probably going to start buying. I agree that there is no sign of...

Citigroup looks like it could be damaged though, what are you thoughts on C?

I was thinking the same thing. I don't watch the financials at all, but I'm starting to get interested too, and put some up on my watch list. I still want to see more deterioration in the Dow though.

Do you guys think that the end of the free promotion will actually have an effect on this market?

I agree. The NG market is extremely difficult to position trade. Intra-day too, it's just as hard. It's also where I made my biggest single gain, but after that I tread lightly.

True, but that's the cost of speculation. It's like saying, I bought HES corp last aug, and sold my position for 18% gain...but then I went back and it's up 130%.

Why do you care how much money someone makes? Why do you care where they live? A life lesson son, stop worrying about what other people are doing and play your own game. With your attitude, you'll never succeed as a capitalist.