CME Group Announces Launch of Bitcoin Futures

Those CME idiots to launch a future with 25$ tick value, with a value of 5Xcontract
As I forecasted when the BTC was at 8,000, things could be ugly if the BTC continues to raise its value. Now the value is 16,000 and with a multiplier of 5x, it brings the contract value to 80,000 USD. That's crazy with a 20% daily range.
Small retail traders are out of this business!!! ThanKs to CME!!!
Why not to set 1 USD x 1 point??????????????????????????????
IDIOTS!!
 
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Small retail traders are out of this business!!! ThanKs to CME!!!
Why not to set 1 USD x 1 point??????????????????????????????
IDIOTS!!

Small retail traders shouldn't be in the BTC "business" to begin with. And a couple months ago, before the CME and CBOE announcements, you had nothing to gripe about. How come all of a sudden you are out of a business that didn't exist a couple months ago, and now will exist? Do you gripe about the big S&P? Why not?

Maybe the CME will introduce a micro BTC. Then you can be "in the business" of trading BTC.
 
Small retail traders shouldn't be in the BTC "business" to begin with. And a couple months ago, before the CME and CBOE announcements, you had nothing to gripe about. How come all of a sudden you are out of a business that didn't exist a couple months ago, and now will exist? Do you gripe about the big S&P? Why not?

Maybe the CME will introduce a micro BTC. Then you can be "in the business" of trading BTC.

I trade for a living since 1996. I never had big money to trade. I bought my home with trading, my cars, made a family with children thanks to trading. This fuck cryptocurrency could be an excellent instrument for those like me that love volatility, that are able to make money.
I traded futures only futures in twenty years, never bought a single share
Leverage is life for me. Without leverage I would be hoeing the earth....
 
I trade for a living since 1996. I never had big money to trade. I bought my home with trading, my cars, made a family with children thanks to trading. This fuck cryptocurrency could be an excellent instrument for those like me that love volatility, that are able to make money.
I traded futures only futures in twenty years, never bought a single share
Leverage is life for me. Without leverage I would be hoeing the earth....

With all of that said, you don't seem to be a "small retail trader". So you shouldn't have a problem. Why the self-imposed agita?
 
With all of that said, you don't seem to be a "small retail trader". So you shouldn't have a problem. Why the self-imposed agita?

Because I don't want to trade only the BTC....I trade every day ES, NQ, DAX, BUND EUR/USD
I see the possibility to use my money much better trading also this instrument
I am pretty sure that if I can disinvest some money from my "usual" instruments my annual income could increase at least 30% if not more.
But the CME contract is too big mostly in perspective.
 
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I am pretty sure that if I can disinvest some money from my "usual" instruments my annual income could increase at least 30% if not more.
But the CME contract is too big mostly in perspective.

You could increase your income 100% by doubling the number of contracts on your current instruments, if it is within your means.

Hell, isn't the DAX margin higher than BTC anyways? If you can't handle just 1 contract on the BTC, then just stick with what you know. I think every struggling trader here would be envious of the results you reported above.

Be grateful for what you have and are getting on the trading front.
 
You could increase your income 100% by doubling the number of contracts on your current instruments, if it is within your means.

Hell, isn't the DAX margin higher than BTC anyways? If you can't handle just 1 contract on the BTC, then just stick with what you know. I think every struggling trader here would be envious of the results you reported above.

Be grateful for what you have and are getting on the trading front.

Simply I cannot increase the number of contracts. Is it so difficult to understand?
And as I wrote in another thread, I do not use 1 contract for each instrument but a complex strategy with more contracts. As regard the Dax I use the miniDax (FDXM).
 
Simply I cannot increase the number of contracts. Is it so difficult to understand?
And as I wrote in another thread, I do not use 1 contract for each instrument but a complex strategy with more contracts....

Well I'm sorry, you didn't mention that on this thread, and I haven't seen your post where you mentioned this on some other thread.

I am sorry I am too stupid to understand how your trading life is over because you cannot trade 1 single BTC contract anywhere ever.

I guess you must retire now. Goodbye and enjoy your retirement.


 
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