E-Mini Trading Limits

Quote from LlewS:

Right!

So what you're saying, is that it is quite possible to get locked down at the 1355.25 price all night long, and then get your "protective stop" gapped over when the pit opens? Then, the "protective stop" could be filled at a terrible price and you could wind up owing your broker a whole lot of money!?
More...
?............yes.......yes......yes......and yes!
 
Just take a look at the Globex open of the 10 year notes today and see the jump. Am still half in shock: last Friday I missed that Monday was going to be a public holiday and the markets would be closed. Normally I am flat over such a period but I had an open trade at the close.....

Extreemly fortunately I was long..... am still shuddering at the thought that I could just as well have been short....

PS and with size too....

Maria
 
Quote from LlewS:

Right!

So what you're saying, is that it is quite possible to get locked down at the 1355.25 price all night long, and then get your "protective stop" gapped over when the pit opens? Then, the "protective stop" could be filled at a terrible price and you could wind up owing your broker a whole lot of money!?
More...

Yep!

Read my previous post.

And that's when people start jumping out the window and kill themselves.....

Maria
 
Maria----Stop being so pessimistic. Besides, undercapitalized traders live on the first and second floor of any building. They'll only be slightly injured after they jump from a window.
 
ok, so it looks like we are there. price on ESH8 is 1455.75,
and there is a hugh bunch (1400, at last count) of orders on the buy side at 1455.50. There are no limit buy orders at 1455.25. this is not exactly what i expected. i thought that we might expect to see orders piling up on the sell side?! any idea what is going on? it seems to be bouncing up and down a tick, can't get away from that 1400, but can't trade through it?!
 
You must log in or register to reply here.
Back
Top