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Old 03-12-2007, 03:36 PM
The Bear The Bear is offline
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Re: Contract volume

>Have you ever faced a situation where you can't get out of a position cause of >that low turnover?

No. There is always at least one (usually always more) contract on either side available. I've never seen it go to zero. I think it has a Lead Market Maker.
I'll get an answer for you though, I'll ask the fellow at CBOT and report back here why.

>But after your post I guess that liquidity is a subjective thing!

DD (Big Dow) is only listed on ECBOT (Electronic), so this may be a situation only relating to this type of contract. I wouldn't apply this rule to any exchange.

I'll take a look at this MP book one day.

>Mate don't worry bout your level of education either, if your making money >consistently you must be doing something right! Just sit down and look at >what you do so that you can develop your own system based on your own >style.

True, I guess I can't technically say I trade with no system...but I guess I made my own system. I have a very extensive trading plan now. Originally I was obsessed with 'setups' and had a very robotic mechanical way of trading. I was also overtrading because I would get alot of false setups. It didn't work for me, I was losing money. Then I just 'let myself go' and I can finally sleep at night without thinking of my swing positions.


I'll get back to you when I hear back from CBOT.

Check out FDAX futures....that might be in your time zone?

YM is gapping down on the 2-min. What's this?

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