Best market to buy and sell at the same price (to churn commissions)

Quote from bearcats1980:

Youre right in thinking eurodollar futures. Use the spread packages to scratch your trades instead of the outrights though. You'll generate more trades at once which is what you seem to be trying to do and you'll minimize the chances that you'll get trucked all of a sudden for a loss.

Dont put any credence in the bid ask size in the outright eurodollar contracts. Over the past few weeks there have been numerous times throughout the day when the bid size was 5k+ and the ask size a few hundred, then in a split second someone sells a couple hundred contracts into the 5k+ bid and boom, not only is the 5k+bid gone, but the market has traded through the next bid price lower. (9842.0 bid on 5k, then in a split second the market is 9841.0 ASK, for size.

Point being, use the 3 month spread packages.
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If you do this in 3 month eurodollar futures make sure the price you are trading has less than 100 contracts on the bid or offer. This will ensure the best probability (> 95%) that you will scratch the trade. Wait until the size of the bid or offer gets below 100, then hit/lift the bid/offer and then bid or offer the same price back immediately thereafter.
 
Quote from bearcats1980:

If you do this in 3 month eurodollar futures make sure the price you are trading has less than 100 contracts on the bid or offer. This will ensure the best probability (> 95%) that you will scratch the trade. Wait until the size of the bid or offer gets below 100, then hit/lift the bid/offer and then bid or offer the same price back immediately thereafter.
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Thanks. I was thinking along the same lines. It'll be just a waiting game until the volume thins down on one of the sides.
 
Quote from ChkitOut:

Crazy thought, why not get a new broker.
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if your handle eliminated the letter i & t your response would have been letter perfect.:D
 
Quote from chinook:

Thank you Martinghoul for the suggestions. Though, I need some movement so I can sell/buy at the same price. I'll check that contract out.

Thanks.
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here is the man who wants to just pay his shares....

but does not care about being profitable....

just contend with cash acct minus commissions....

that way, his acct will be reduced each time that a trade is executed....

and he just told us all.... that he does not care....

more power to you man.... first i ever encounter in my trading life.... lol

good luck to you and yours....
 
Quote from nakachalet:

here is the man who wants to just pay his shares....

but does not care about being profitable....

just contend with cash acct minus commissions....

that way, his acct will be reduced each time that a trade is executed....

and he just told us all.... that he does not care....

more power to you man.... first i ever encounter in my trading life.... lol

good luck to you and yours....
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See, live and learn man! There are crazy people like me too in the markets -- my $$$ cash is for grabs ! I found a charity for upgrading brokerage firm CEOs's yachts -- I want them all have at least 200 ft long boats :)

Joking aside, I am actually trying to save money by not paying platform fees if I generate certain # of trades...
 
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