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  1. J

    Question about futures.

    That is 11.5 CENTS per lb.
  2. J

    Questioning backtest results

    What is your data source? What is the data timeframe? Tick data or 1 second bar or DOM or ? Do you buy the ask and sell the bid? Since the average trade only last 0.8 minute why are there less than 3 trades a day?
  3. J

    is IB's action legal

    It is not legal in Cuba and North Korea.
  4. J

    Terra Nova Trader Screws Up & Loses $2.8 million

    Looks like Terra Nova never bothered to properly test their API software. Wonder how many other brokers are just as stupid and/or lazy.
  5. J

    Question about futures.

    People who actually trade give a damn. How about learning the prices futures are quoted in. Corn is just over $4 a bushel, so it isn't going to move $10 up or down.
  6. J

    Question about futures.

    The price of sugar has never been over 65 CENTS a lb and that was more than 30 years ago.
  7. J

    Question about futures.

    If you think that the grains contracts are measured in lbs you need to find a new career. The rest of your post is just as absurd. Corn moving $10 !!!!! Did you even consider learning anything about the futures markets before posting?
  8. J

    anyone know the selection technique for darlings of the dow strategy?

    Just Google the damn thing, not so hard to find.
  9. J

    Americans finally learned to become savers?

    Not spending (borrowed) money and saving money are 2 different things.
  10. J

    IB raising margin every week?

    Brokers are free to charge any margin at or above the exchange minimum for overnight positions.
  11. J

    IB raising margin every week?

    It is the CME raising margins and all brokers have to follow. ES went from $5063 to $5625, an 11% increase.
  12. J

    ES Margins

    Day trade margin depends on your broker.
  13. J

    ES Margins

    ES margin raised to $5625 on 10/17/08. NQ raised to $3750. EMD raised to $5750.
  14. J

    ES Automation, Where to begin please?

    Use the API for IB's TWS and write whatever you want.
  15. J

    Iceland Krona

    Here is an update as of EOD 10/17/08: ISK trading at 2 different values that are far apart. "Having been untraded for days after it collapsed, Iceland's crown is moving towards a dual exchange rate with the central bank selling foreign currency to locals much cheaper than the international...
  16. J

    Private trader is King of short selling

    "Simon Cawkwell, nicknamed the 'King of the short sellers' in London, made 250,000 pounds (320,000 euros, 550,000 dollars) in less than an hour this month, by betting on the market when it was down." Since when is 250,000 pounds equal to 550,000 dollars? At recent rates averaging $1.75 per...
  17. J

    Amp Futures or Mirus

    "First-class company" indeed, not even registered with the NFA.
  18. J

    Laid off by Lehman: One Broker's Story

    Not very funny. One example of the poor humor is trying to enter the subway by swiping an American Express card.
  19. J

    CME group inc stocks

    Look at at chart of CME and buy uptrends and sell downtrends.
  20. J

    Why isn't gas cheaper than 1 year ago?

    Today's Edison, NJ gas price is $2.71. That is 32% below $4.00. With NYMEX price at $1.69 the retail price has more to go on the downside.
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