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Contact me directly to find out more about trading futures at INTL FC Stone through Victor Securities. https://marketintel.intlfcstone.com/MIPublic/TwitterTrial?utm_source=twitter&utm_medium=referral&utm_campaign=MI Bob

Keep in mind that when you join a Prop firm, you register with them and they have to approved and place on your U4 your outside activities. Make sure they will approve your current business. Also, don't just look at what they will charge you. READ your contract. Make sure you trust the people...

NP.

This is from CME Direct-The free futures platform for only CME orders: What you want is call the Blotter on CME Direct - Use the Blotter to stage multiple orders, and to manage those orders in a non-Live market. From the Blotter, you can quickly submit orders for any product displayed in the...

I just asked CQG support and they said yes. CQG Trader has what they call "Batch Order Entry" they sent me this:

I have seen a few brokers "sneak" in fees. I have no experience with AMP. One broker I know also charges a "Transaction fee" too. When I asked why they charge that and a commission, their explanation was not satisfactory to me.

I can't see what you are looking at but what you described is the correct way to charge a commission and pass though clearing and regulatory fees. (NFA is currently $0.01/side). What I see on my accounts at INTL FC Stone is: COMMISSION: (for your broker/FCM) CLEARING FEE: (for the Exchange) NFA...

garachen, The commission that your broker charges for futures is not a clearing fee. So what is the difference? The broker has control over the commission. They can charge what ever they want. The clearing fee comes directly from the exchange that clears the trade. This is very different for...

The CME has two fees. One for clearing and one to use the electronic system called globex. Some refer to both fees as clearing fees. They are what the exchange charges to clear and be the counterparty risk for your trades.

Interest rates are not a big deal. Plug in the fed funds rate. The Vol will be a big deal. I can't guess for you.

Not sure. I've never been one for exactness. I always used an estimate of 16 as 1% daily moves. What do you want to use the results for? If it is for a learning process, estimates are fine. If you were building a market making program or volatility trading algo, you will need to be more accurate...

You have to make some assumptions. Then plug them into the calculator. Guessing the ivol and date will be challenging. http://www.fintools.com/resources/online-calculators/options-calcs/options-calculator/

It is based on actual trading days, because on non-trading days stocks can't move. 252 works.

Stop losses can be very dangerous. I've seen some very bad executions over the years. Being attentive tends to work better.

Yes. Adequate capital.

Nope..perfect time.

Yes he did. No state tax. He moved when he got to around $200mm AUM.

I have clients with GSG. They got caught in October on expiration when the market had a big swing in the morning. Dow moved over 500 points from down to up in a very short time. He sold some calls that morning.

To be clear, I was recommending he AVOID a co-location set up if possible and keep his costs down. aucociscokid asked about possible pitfalls in building a track record with his own funds. The high cost of a co-location and MD would be one pitfall.

Now 3.47/3.57, 45/90.