CBOT down?

I like the YM and I really don't know why... just familiarity I guess... these outages are disconcerting but can be dealt with ok.
 
Quote from maxpi:

I like the YM and I really don't know why... just familiarity I guess... these outages are disconcerting but can be dealt with ok.

even if you know to go quickly to hedge, you can still miss a huge spike before you figure out that it's down -> yet again
 
Quote from BondTrader50:

"The Host is closed, all day orders were pulled. A Pre-Open message will
be disseminated once determined. GTCs and GTDs remain in the order
book."



CME Group
20 South Wacker Drive
Chicago, IL 60606 USA

Pre-OPen message... meaning tomorrow or if they can even try and open today lol.
 
Quote from fseitun:

for those trading mini-dow, the best hedge is NQ which has the same tick value.

I went long NQ to hedge my YM short...

fuck the CBOT anyways...

when are tehy gonna move their ass to CME???

You think NQ tracks YM???
 
Quote from neophytenate:

You think NQ tracks YM???

They are somewhat correlated, aren't they?

Are you trying to sound like a smart ass like most posters here at elitetrader by the way?

I am trying to hedge my short position and in terms of tick value i see nothing wrong buying NQ.

I won't be the most perfect hedge, but I am doing this only because CBOT is down.
 
Quote from 2006:

Best Hedge for YM is ES not NQ !! [Future's wise]

thanks for the tip.

thing is, NQ was the first contract available in my platform and didnt wanna waste time opening up ES.

next time i'll use ES.
 
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