I've paid over $60,000 in commission the last few weeks and im done

abc1234 · May 11, 2020

DevBru said:
From up $300K to down $100K, ouch.

I must say i expected a bit more trading since you said you where active trading. But now it seems like you are just holding your short for hours and hours? Is there any reason why you didn't close any of your profit?

Maybe he has been trying to get a hold of the CME and find a private brokerage???
Simulator money is easy to reload.
I tried to take this guy seriously but including "poops" in his s/n on the livestream makes it very difficult.

DevBru · May 11, 2020

abc1234 said:
Maybe he has been trying to get a hold of the CME and find a private brokerage???
Simulator money is easy to reload.
I tried to take this guy seriously but including "poops" in his s/n on the livestream makes it very difficult.

He is trading real money. He traded last night right as the market opened and i saw with my own eyes his orders showing up in the order book.

taowave · May 11, 2020

What does "Poops" mean??

abc1234 said:
Maybe he has been trying to get a hold of the CME and find a private brokerage???
Simulator money is easy to reload.
I tried to take this guy seriously but including "poops" in his s/n on the livestream makes it very difficult.

ironchef · May 11, 2020

balckagroop said:
you started at 25 cents? I had my options reduced from 65 cents to 25 cents, and my futures from $2 or whatever it is by default to $1

In 2013 I started at $2.95, steadily reduced them as trading volume went up until they agreed to $0.25 two years ago, then free recently.

taowave · May 11, 2020

Judging by his P and L swings,it appears he is trading in between 5-10 mil notional...
Thats more than 10k of APPL,not factoring in adjustments for Vol..

JesseJamesFinn1 said:
$60k is

For those of us that don't trade futures, would 200 lots be the same as trading 10,000 shares of AAPL?

balckagroop · May 11, 2020

DevBru said:
From up $300K to down $100K, ouch.

I must say i expected a bit more trading since you said you where active trading. But now it seems like you are just holding your short for hours and hours? Is there any reason why you didn't close any of your profit?

I've traded like 3000 lots over a period of like 10 hours. not sure what more you would want.

didnt close because i was sleeping lol. not much money for me at this point, want to ride it out.

hilmy83 · May 11, 2020

balckagroop said:
I've traded like 3000 lots over a period of like 10 hours. not sure what more you would want.

didnt close because i was sleeping lol. not much money for me at this point, want to ride it out.

Did you decide to go with cme iom lease? Couple that with amp's cheapest clearing cost and cme membership. At least on the retail side...

balckagroop · May 11, 2020

hilmy83 said:
Did you decide to go with cme iom lease? Couple that with amp's cheapest clearing cost and cme membership. At least on the retail side...

I got decent enough info on IOM seat that im def going to get it. As for 'private brokerage accounts' I still have no idea what they entail and how beneficial they might be for me.

NewTraderAdventure · May 11, 2020

I have proof this clown is legit . Here's his money

NewTraderAdventure · May 11, 2020

DevBru said:
He is trading real money. He traded last night right as the market opened and i saw with my own eyes his orders showing up in the order book.

how hard to fake that ?