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Old 11-23-2007, 07:41 PM
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Re: starting in future. what fees should i pay for?

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thanks mcichiko,

im only dealing with the YM for the time being...i wanna study that one first before i jump into the ES...I heard the CBOT does go down from time to time...is it tradestations fault or CBOT's fault? how can i close out a position if im in it if the CBOT goes down?

thanks
Same here on trading the YM. But you need to be able to trade the ES or some other index to hedge worst case scenario. ES most closely mimics the YM movement with every 10 YM points equaling about 1 ES point.

If Tradestations platform or your connection to the net goes down you can still call in a exit order though you get hit with I believe a $20 fee.

If the ecbot goes down thats effects all brokers and you will be trapped in your position till the ecbot comes back up. You cannot call an exit in and are left to hedge or pay the piper should it move against you.

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