Thursday, November 24, 2011
What would yIs it possible to sign up for ITF events and futures?ou like to ask?
I'm a pretty good 14 year old player, and I know that I probably won't be on the tour off the bat, or even at all (just being realisitic) and I found ipin, a tennis membership site. I know I'm not ready to be in itfs yet, but is it possible to sign up for qualifying at an itf event? Or futures? If not, how do you do it? Thanks.|||You can use the webiste itftennis.com to browse and find the tournament you want to sign up for. You call the tournament director and sign up.
Can I use my Bright Futures Financial Aid to cover a Masters Degree?
Does the Bright Futures 75% Medallion Scholarship cover beyond a bachelors degree? I would like to continue on and get my Masters Degree given the current job market. If you have experience with this and have gotten your Masters using Financial aid to cover some expenses your feed back would be appreciated.|||You cannot use Florida Bright Futures beyond your BA.
https://www.floridastudentfinancialaidsg鈥?/a>
Are graduate students eligible for state-funded financial aid programs?
Most state-funded financial aid programs are only available for undergraduate students. The Jos茅 Mart铆 Scholarship Challenge Grant Fund is available to graduate students who meet program eligibility requirements; however, undergraduates receive priority funding.
https://www.floridastudentfinancialaidsg鈥?/a>
Are graduate students eligible for state-funded financial aid programs?
Most state-funded financial aid programs are only available for undergraduate students. The Jos茅 Mart铆 Scholarship Challenge Grant Fund is available to graduate students who meet program eligibility requirements; however, undergraduates receive priority funding.
If you can't make physical delivery on a commodity futures contract, is it a legitimate contract?
It is next to impossible to make physical delivery of crude oil on the NYMEX crude oil futures contract. Impracticability may fall into the legal category of "incapable of being performed." and, thus, is not a binding contract.|||Just cause you can't do it doesn't mean it can't be done. Professional traders and true hedgers are more than capable of making or taking delivery.|||Why is it impossible?
You can make physical delivery by buying a contract from somebody that physically holds the commodity.
What you are talking about is writing a contract "naked", without owning the commodity. Are you writing contracts?
With shorting stocks, it is illegal but had been unenforced to some extent to short a stock without the stock being available to be shorted.
I can't say about commodities. I recall they were thinking about a "market" where it was all speculation without requiring the asset. But I didn't think they were doing that yet.
You can make physical delivery by buying a contract from somebody that physically holds the commodity.
What you are talking about is writing a contract "naked", without owning the commodity. Are you writing contracts?
With shorting stocks, it is illegal but had been unenforced to some extent to short a stock without the stock being available to be shorted.
I can't say about commodities. I recall they were thinking about a "market" where it was all speculation without requiring the asset. But I didn't think they were doing that yet.
In light of present Soci茅t茅 G茅n茅rale tumble do you believe Futures should exist?
What is the point? Do futures help the economy? Are they productive? Or just immoral gambling?|||a lot of farm producers etc use futures as a backup for their produce in case something goes wrong, like the price tumbles or a crop failure.|||No Let's ban the future!
What are the futures of Blackberry 9000 and will it work on European GSM system?
Hi all; What are the futures of Blackberry 9000 and will it work on European GSM system?|||The biggest thing is it is supposed to have a touch screen, but it has not been released yet.
What is the daily crude futures trading volume and dow futures trading volume?
i would like know in which trade the volume is more ? nymax crude or dow futures?|||http://futures.tradingcharts.com/menu.ht鈥?/a>
Is trading futures or speculative shares just gambling?
I am interested in trading commodities futures but only if I am sure that success is based on skill, intelligence and/or preperation. If I fail because I lack any of these I won't mind too much. But is success based mostly on luck?
What about day trading, is this gambling? Do you need luck to succeed or just preperation?|||Knowledge, intelligence, and vigilance will maximize your chances for success; however, since a lot of players in the market out there are either fickle or tend to have knee-jerk reactions to events that may affect the markets, there will always be a degree of risk. Success can never be assured because of the factors beyond your control, but, again, you can do well if you keep on top of things (monitoring activiy, factors, etc.) continuously.
As to day trading, you have a little more control over your chances for success. The same rules apply--you need to be vigilant.
My recommendation would be to start modestly and see how you do, then make a judgement as to whether you should abandon that venture or increase your activity.
Good luck!|||You need lots of preparation. It is a mathematical process. You can work out probabilities by looking at historical data. You can pitch your risk exposure by this data. Of course it can still go wrong after all this (a la LTCM)|||Trading is three factors;
Technical Analysis
Money Management
Psychology
If you don't have position sizing. Manage Greed, Fear %26amp; indicision..... having "wins" will not save you from losing money. There is a reason a very small percentage of traders that make money. It's not luck. It's skill. It takes time.
Read;
Disiplined Trader, Douglas
Mastering The Trade, Carter
Trading In the Zone, Douglas
Trading For A living; Elder
These are a "start" of a long learning curve.
Also check out: www.TraderInterviews.com
Day Trading, Swing Trading %26amp; Position Trading can take a lot of the same skills. There is greater risk/reward with a shorter time horizon. Many of the skills are the same.
I'm a Swing Trader that sometimes day trades (my prefrence). My goals include;
50% win/loss rate
3/1 risk reward ratio
At present I'm close to getting 45%-50% of my trades correct.
My win/loss ratio is a little below 2/1. My biggest concentration (now) is making sure my position sizing and risk/reward ratios improve. I am making money. Why..... because my biggest goal is to manage my losses/risk.|||You might as well load the gun. You have what they call stinkin' thinkin'. And I mean well. Its like the lottery, you never win. Lottery's are a tax on the poor!! You got money to lose, and surely you will, step out side the door and throw it in the wind. I was shakin' just reading your question. Put your money in MUTUAL FUND. {ROTH IRA} and the rest in plain funds. Boy I really feel for you.. I can feel you have the bug....|||gamblings good texus holdem any one bring it|||Success is mostly based on luck and is mostly short-lived. This is true for professional traders as much as for amateurs. The reasons are varied, but among the top are the following:
- as an outsider you are at a real disadvantage compared to investment banks which have lots of resources and expertise. the so called "smart money."
- financial asset prices are often random and unpredictable. There are two terms bandied around for this: "efficient markets" and "random walks."
I once asked the same question to the director of the quant group of one of the large investment banks on Wall Street. His answer was simply: "Trading is a waste of time. The markets are a random walk. By the time you buy, the smart money has already sold."
This is from someone IN THE BUSINESS. Someone who makes a living by designing models to analyze stock prices, and either trades these models or sells them to other people for trading purposes.
You need to pay attention to words such as those coming from someone like that. Furthermore, this particular individual is highly talented and smart, and well respected among a lot of people. Not someone you can just dismiss easily.
You can probably benefit from reading some books on the subject. I think you would enjoy the following:
The Traders by Sonny Kleinfeld.
Introduction to Financial Mathematics by Paul Wilmott.
The first will give you an idea of what it's like on the floor of the exhanges. The author was a journalist who decided to spend a few months in the pits and interview a bunch of professional traders.
The second is a non mathematical introduction to the pricing of financial derivatives, which is very important.
Furthermore, I've answered a lot of question like this on yahoo, and have compiled my answers on the following website:
http://commonsensetrading . googlepages . com
I did this as a way to help novices and beginners get a REALISTIC idea of what's going on, instead of all the bs that normally gets thrown at you from so many sources.
Bottom line: I do not recommend trading. But if you are going to trade, then first you need to be aware of what you're getting into, and second you there are some simple guidelines you can follow to MINIMIZE the amount of damage you do to yourself.
I have a lot of experience. Feel free to email me, I can answer questions, give you my opinion, as time permits. I do this without requesting compensation, so my responsiveness is based on my availability. commonsensetrading@gmail.com
What about day trading, is this gambling? Do you need luck to succeed or just preperation?|||Knowledge, intelligence, and vigilance will maximize your chances for success; however, since a lot of players in the market out there are either fickle or tend to have knee-jerk reactions to events that may affect the markets, there will always be a degree of risk. Success can never be assured because of the factors beyond your control, but, again, you can do well if you keep on top of things (monitoring activiy, factors, etc.) continuously.
As to day trading, you have a little more control over your chances for success. The same rules apply--you need to be vigilant.
My recommendation would be to start modestly and see how you do, then make a judgement as to whether you should abandon that venture or increase your activity.
Good luck!|||You need lots of preparation. It is a mathematical process. You can work out probabilities by looking at historical data. You can pitch your risk exposure by this data. Of course it can still go wrong after all this (a la LTCM)|||Trading is three factors;
Technical Analysis
Money Management
Psychology
If you don't have position sizing. Manage Greed, Fear %26amp; indicision..... having "wins" will not save you from losing money. There is a reason a very small percentage of traders that make money. It's not luck. It's skill. It takes time.
Read;
Disiplined Trader, Douglas
Mastering The Trade, Carter
Trading In the Zone, Douglas
Trading For A living; Elder
These are a "start" of a long learning curve.
Also check out: www.TraderInterviews.com
Day Trading, Swing Trading %26amp; Position Trading can take a lot of the same skills. There is greater risk/reward with a shorter time horizon. Many of the skills are the same.
I'm a Swing Trader that sometimes day trades (my prefrence). My goals include;
50% win/loss rate
3/1 risk reward ratio
At present I'm close to getting 45%-50% of my trades correct.
My win/loss ratio is a little below 2/1. My biggest concentration (now) is making sure my position sizing and risk/reward ratios improve. I am making money. Why..... because my biggest goal is to manage my losses/risk.|||You might as well load the gun. You have what they call stinkin' thinkin'. And I mean well. Its like the lottery, you never win. Lottery's are a tax on the poor!! You got money to lose, and surely you will, step out side the door and throw it in the wind. I was shakin' just reading your question. Put your money in MUTUAL FUND. {ROTH IRA} and the rest in plain funds. Boy I really feel for you.. I can feel you have the bug....|||gamblings good texus holdem any one bring it|||Success is mostly based on luck and is mostly short-lived. This is true for professional traders as much as for amateurs. The reasons are varied, but among the top are the following:
- as an outsider you are at a real disadvantage compared to investment banks which have lots of resources and expertise. the so called "smart money."
- financial asset prices are often random and unpredictable. There are two terms bandied around for this: "efficient markets" and "random walks."
I once asked the same question to the director of the quant group of one of the large investment banks on Wall Street. His answer was simply: "Trading is a waste of time. The markets are a random walk. By the time you buy, the smart money has already sold."
This is from someone IN THE BUSINESS. Someone who makes a living by designing models to analyze stock prices, and either trades these models or sells them to other people for trading purposes.
You need to pay attention to words such as those coming from someone like that. Furthermore, this particular individual is highly talented and smart, and well respected among a lot of people. Not someone you can just dismiss easily.
You can probably benefit from reading some books on the subject. I think you would enjoy the following:
The Traders by Sonny Kleinfeld.
Introduction to Financial Mathematics by Paul Wilmott.
The first will give you an idea of what it's like on the floor of the exhanges. The author was a journalist who decided to spend a few months in the pits and interview a bunch of professional traders.
The second is a non mathematical introduction to the pricing of financial derivatives, which is very important.
Furthermore, I've answered a lot of question like this on yahoo, and have compiled my answers on the following website:
http://commonsensetrading . googlepages . com
I did this as a way to help novices and beginners get a REALISTIC idea of what's going on, instead of all the bs that normally gets thrown at you from so many sources.
Bottom line: I do not recommend trading. But if you are going to trade, then first you need to be aware of what you're getting into, and second you there are some simple guidelines you can follow to MINIMIZE the amount of damage you do to yourself.
I have a lot of experience. Feel free to email me, I can answer questions, give you my opinion, as time permits. I do this without requesting compensation, so my responsiveness is based on my availability. commonsensetrading@gmail.com
What is a good strategy to day-trade the e-mini's or other futures contracts?
I am a novice trader of the futures market. In particular, the e-mini Russell 2000 because of its liquidity, low investment, and high potential gain. I have been trying to achieve a reliable and consistent strategy to pull even just a few points out of the market a week. My results thus far have been weak. I have had some gains, but my losses slowly eat away these gains and then some. Consequently, I see my account slowly decreasing. Does anybody that reads these things trade futures and have any advice or a decent strategy on how to consistently gain a few points a week in the futures market? Thanks in advance.|||Wow, a "novice" daytrading futures, that's like riding a motorcycle 'flat out' on the first try. First, find a trend, and as a beginner, find a big trend (oil or corn perhaps) and go with the flow. (never buck the trend, never)
The traders have all the news well before you do, so if you are trying to nickel and dime your way to riches by picking a little spurt to long here or a little sag to short there, don't--they've already done it and moved on by the time you spot it.
Also, be very, very careful of the proportional share you trade with, compared to the larger account value. I was trading potatoes once, um, a while back, and some rich guys tried to steer away from a long-established trend. I got a margin call during one of their 'force it' moves and the brokerage confiscated my whole account value and sent me a bill for the rest. Instead of paying off my mortgage, I was paying on my debt for two years. Without the extra traffic, the general trend was right and I would have profited nicely--but I didn't have enough reserve for when it suddenly went radically against me. I do have one consolation, though, something like 90 millionaires got caught in a still larger default, and several dozen went to jail.
Feel lucky that your account balance is "slowly decreasing"--things could be much worse. Check the charts for agricultural spreads and straddles, many of the patterns I used to rely on don't work any more, but see if you can find some of your own, then play it safe. If nothing else, go to currencies and short the dollar and go long on almost anything else. Good luck.|||dont even think about it rookie you will lose your shirt, house and whatever else you value.|||Learn the how the system works!
Read info online:
New to day trading? - Consistent profits with day trading. Discover the %26lt;a href="http://www.anrdoezrs.net/click-221鈥?target="_blank" onmouseover="window.status='http://www.r鈥?true;" onmouseout="window.status=' ';return true;"%26gt;Three Secrets to Trading Success.%26lt;/a%26gt;
%26lt;img src="http://www.awltovhc.com/image-22159鈥?width="1" height="1" border="0"/%26gt;|||There is no 'one ' good strategy. You need to develop your own strategy which will be different from mine.If everyone used the same strategy or the same software we could not possibly make money.
Three tips: A money management plan [ to ensure you do not lose all your capital ], never risk more than 5% of your capital on one trade,do not overtrade.
2] Have a risk management strategy... decide on your pain point, have stop losses on each trade but be careful as the stops are often taken out by other traders if the stop is too close to your entry point. Always have two exit points one for profit and the other for pain.
3] Ride your winners and be mentally strong in over riding your emotions to cut your losses.
Finally, remember the markets are not human, they are erratic and ultimately they will go where they want to go.
You are the human but you need to become supremely emotionally detached from market movements.
In your favour, an account slowly decreasing is a good start, most beginners are wiped out in a couple of trades so, well done!
The traders have all the news well before you do, so if you are trying to nickel and dime your way to riches by picking a little spurt to long here or a little sag to short there, don't--they've already done it and moved on by the time you spot it.
Also, be very, very careful of the proportional share you trade with, compared to the larger account value. I was trading potatoes once, um, a while back, and some rich guys tried to steer away from a long-established trend. I got a margin call during one of their 'force it' moves and the brokerage confiscated my whole account value and sent me a bill for the rest. Instead of paying off my mortgage, I was paying on my debt for two years. Without the extra traffic, the general trend was right and I would have profited nicely--but I didn't have enough reserve for when it suddenly went radically against me. I do have one consolation, though, something like 90 millionaires got caught in a still larger default, and several dozen went to jail.
Feel lucky that your account balance is "slowly decreasing"--things could be much worse. Check the charts for agricultural spreads and straddles, many of the patterns I used to rely on don't work any more, but see if you can find some of your own, then play it safe. If nothing else, go to currencies and short the dollar and go long on almost anything else. Good luck.|||dont even think about it rookie you will lose your shirt, house and whatever else you value.|||Learn the how the system works!
Read info online:
New to day trading? - Consistent profits with day trading. Discover the %26lt;a href="http://www.anrdoezrs.net/click-221鈥?target="_blank" onmouseover="window.status='http://www.r鈥?true;" onmouseout="window.status=' ';return true;"%26gt;Three Secrets to Trading Success.%26lt;/a%26gt;
%26lt;img src="http://www.awltovhc.com/image-22159鈥?width="1" height="1" border="0"/%26gt;|||There is no 'one ' good strategy. You need to develop your own strategy which will be different from mine.If everyone used the same strategy or the same software we could not possibly make money.
Three tips: A money management plan [ to ensure you do not lose all your capital ], never risk more than 5% of your capital on one trade,do not overtrade.
2] Have a risk management strategy... decide on your pain point, have stop losses on each trade but be careful as the stops are often taken out by other traders if the stop is too close to your entry point. Always have two exit points one for profit and the other for pain.
3] Ride your winners and be mentally strong in over riding your emotions to cut your losses.
Finally, remember the markets are not human, they are erratic and ultimately they will go where they want to go.
You are the human but you need to become supremely emotionally detached from market movements.
In your favour, an account slowly decreasing is a good start, most beginners are wiped out in a couple of trades so, well done!
How much is a Lebron James Upper Deck HardCourt Futures # 132 rookie card worth?
This card is one of many Lebron James rookie card. 2003 Upper Deck Futures Level: 1 card # 132. This card pictures Lebron in an away uniform about to dunk the ball, with the background of the card looking like a court with a redish tint. Anyone with a beckett, that has this card, or just knows the price of the card. It would be highly appreciated. I wanted to get it graded soon, and was curious of the book price.|||maybe (negative) $20 . . .
since LeFaqq James sucks.|||5$!
since LeFaqq James sucks.|||5$!
How futures and options are traded in BSE and NSE?With a simple example?
Hi,
How the futures and options are traded at BSE and NSE? How it's affecting BSE and NSE indexes? How it affects INR appreciation?|||One takes the lot of share with very little margin.If the Price goes upo then you make profits But otherwise you are doomed. In this fall close friends of mine have lost 1 Crore each , so my advise is Do not even think about this|||Your question is way too big and probably requires a book to cover it all. First thing first, do you know what is future and option? Other things such as cover calls, cover puts, short calls and short puts are even more complicated to explain.
Let me be very brief, as an example.
Let's say you have a cup, I now give you $1 to gain control of your cup for 2 weeks. This $1 is for you to keep, you never have to return it. Within this 2 weeks, I can do whatever I want with your cup, including selling it. On the expiry day, I would have the OPTION to give you back the cup, or $10, this is what we were agreed upon. Within this 2 weeks, if I have sold the cup for $12, on the expiry day, I'd have to give you $10, I'd keep $2, subtracting that $1 I've given to you earlier, I've made 100% in 2 weeks.
When someone is willing to buy the cup for $11, is called 'in the money'; that means I'd make an even.
Selling the cup for $10 and give it to you on the expiry day is meaningless. I won't do it.
If I am unable to sell you cup within this 2 week, the cup would have to be returned to you. You keep that $1.
Option deals with stocks. Future deals with commodities, oil, lumber, cotton, pork belly and whatever.
Call means the price is going up.
Put means the price is going down.
Cover means something that you possess.
Short means something that you don't have, you'd have to borrow it from someone.
I hope this brief information helps.|||Know your stock movement before entering the market everyday with 70-75% accuracy
S2 Stock Predicta (s2sp) is an independent research team, work in the market considering the volatility and the day trader鈥檚 confused state of mind. Through its website www.s2sp.co.in it is providing predicted best selling and best buying price for all stocks listed in BSE and NSE and list of companies suitable for day trading with potential earning everyday after 8 PM for next days market. The forecasted prices are with in the limits of Actual High and low up to 70-75% accuracy. You can access for free samples everyday and can subscribe for full access.
How the futures and options are traded at BSE and NSE? How it's affecting BSE and NSE indexes? How it affects INR appreciation?|||One takes the lot of share with very little margin.If the Price goes upo then you make profits But otherwise you are doomed. In this fall close friends of mine have lost 1 Crore each , so my advise is Do not even think about this|||Your question is way too big and probably requires a book to cover it all. First thing first, do you know what is future and option? Other things such as cover calls, cover puts, short calls and short puts are even more complicated to explain.
Let me be very brief, as an example.
Let's say you have a cup, I now give you $1 to gain control of your cup for 2 weeks. This $1 is for you to keep, you never have to return it. Within this 2 weeks, I can do whatever I want with your cup, including selling it. On the expiry day, I would have the OPTION to give you back the cup, or $10, this is what we were agreed upon. Within this 2 weeks, if I have sold the cup for $12, on the expiry day, I'd have to give you $10, I'd keep $2, subtracting that $1 I've given to you earlier, I've made 100% in 2 weeks.
When someone is willing to buy the cup for $11, is called 'in the money'; that means I'd make an even.
Selling the cup for $10 and give it to you on the expiry day is meaningless. I won't do it.
If I am unable to sell you cup within this 2 week, the cup would have to be returned to you. You keep that $1.
Option deals with stocks. Future deals with commodities, oil, lumber, cotton, pork belly and whatever.
Call means the price is going up.
Put means the price is going down.
Cover means something that you possess.
Short means something that you don't have, you'd have to borrow it from someone.
I hope this brief information helps.|||Know your stock movement before entering the market everyday with 70-75% accuracy
S2 Stock Predicta (s2sp) is an independent research team, work in the market considering the volatility and the day trader鈥檚 confused state of mind. Through its website www.s2sp.co.in it is providing predicted best selling and best buying price for all stocks listed in BSE and NSE and list of companies suitable for day trading with potential earning everyday after 8 PM for next days market. The forecasted prices are with in the limits of Actual High and low up to 70-75% accuracy. You can access for free samples everyday and can subscribe for full access.
What happens on the day I buy a futures contract?
Hi there,
I'm quite familiar with the theory behind futues pricing and valuation but I was wanderingt the following: What happens in practice on the day you buy a futures contract?
As far as I understand, you don't pay any price at all to get into the contract, you just promise that you will make the paymenet when expiration comes. However, you just put a small margin on a side account. Is my reasoning correct?|||when you buy a future you merely pay a transaction fee. as you might very well know the contract itself has no value.
the quote of your future at the moment you buy it is your entry level. the quote moves during the day and at the end of each day you get an ajustment. this means at the end of the day, if the price went up, you receive your profits. did the price go down you have to pay up.
the margin is your brokers way of making sure that you have enough cash on the side to meet with your obligations should you suffer a loss. if the price keeps falling and you keep making loss after loss on your adjustments. it might be neccessary to deposit more into your margin margin.|||No, I don't think that is correct. You have to put some cash down, usually 10%.
Whether or not margin can be used depends on the broker and your other assets.
I'm quite familiar with the theory behind futues pricing and valuation but I was wanderingt the following: What happens in practice on the day you buy a futures contract?
As far as I understand, you don't pay any price at all to get into the contract, you just promise that you will make the paymenet when expiration comes. However, you just put a small margin on a side account. Is my reasoning correct?|||when you buy a future you merely pay a transaction fee. as you might very well know the contract itself has no value.
the quote of your future at the moment you buy it is your entry level. the quote moves during the day and at the end of each day you get an ajustment. this means at the end of the day, if the price went up, you receive your profits. did the price go down you have to pay up.
the margin is your brokers way of making sure that you have enough cash on the side to meet with your obligations should you suffer a loss. if the price keeps falling and you keep making loss after loss on your adjustments. it might be neccessary to deposit more into your margin margin.|||No, I don't think that is correct. You have to put some cash down, usually 10%.
Whether or not margin can be used depends on the broker and your other assets.
If a purchased futures contract is forgotten about after the investment is moved to?
another broker, on the delivery date of the futures contract, would the contract still be exercised?
If some item was supposed to be delivered in that contract, would the buyer of the futures contract still receive it on the delivery date or would something else happen?|||What do you mean forgotten? Who forgot about it?
If you own a futures contract when trading stops on that contract, you must take delivery during the delivery month.
You may be able to call your broker and make other arrangements if you don't want delivery.|||If the contract expires, then it's like an expired coupon: worthless.
If some item was supposed to be delivered in that contract, would the buyer of the futures contract still receive it on the delivery date or would something else happen?|||What do you mean forgotten? Who forgot about it?
If you own a futures contract when trading stops on that contract, you must take delivery during the delivery month.
You may be able to call your broker and make other arrangements if you don't want delivery.|||If the contract expires, then it's like an expired coupon: worthless.
Where can I find currency options and futures prices?
I want to do a research where I want to check if there is a significant relationship between foreign currency options and futures.|||The best platform to do it with stocks, options and futures prices is to download any of the demo acocunt from the online brokers themselves. Try Saxo Bank website. Its pretty user friendly. Other websites you might be interested in :
http://www.journeyofanoptiontrader.blogspot.com
http://www.geocities.com/lcming/Forexhome
http://www.journeyofanoptiontrader.blogspot.com
http://www.geocities.com/lcming/Forexhome
Can anybody recommend me a good Commodity Futures trading platform?
I am looking for a good trading software which provides a practice account without any time limit. I want to trade futures contract on oil,natural gas and ethanol.|||Try this new Yahoo Group. It might be interesting. I'm searching for new members, very open-minded in business.
http://finance.groups.yahoo.com/group/managemybusiness
http://finance.groups.yahoo.com/group/managemybusiness
How can I get my yahoo finances portfolio to automatically adjust to next months futures price?
How can I get my yahoo finances portfolio to automatically adjust to next months futures price without having to change the symbols manually each month?
How do Vegas sportsbooks payout futures bets?
A futures bet is a bet made on something that is down the line (in the future lol) such as the Superbowl winner being bet on 6 months before the Super bowl. I have never been to Vegas, how will the Vegas sportsbooks payout a futures bet? Do they mail it to you or do you have to go back to collect it?|||You would need to purchase your bets at the casino. If you have a winning ticket, there is usually instructions to follow on the back of the ticket.
In the past I had to include my ticket as well as a self addressed envelope in order for them to mail you back a check of your winnings.|||if you make a bet you get a betting slip/ticket
if you win after the season - all futures bets you must wait for completion of season
you can collect in person - or you can mail it to the accounting dept - the address is printed on the back of your ticket! you usually have 3 months to cash in a ticket!
Good Luck :)|||at the store
In the past I had to include my ticket as well as a self addressed envelope in order for them to mail you back a check of your winnings.|||if you make a bet you get a betting slip/ticket
if you win after the season - all futures bets you must wait for completion of season
you can collect in person - or you can mail it to the accounting dept - the address is printed on the back of your ticket! you usually have 3 months to cash in a ticket!
Good Luck :)|||at the store
What is the difference between a purchased Commodity (in the commodities market) and Futures.?
Is there a difference between buying wheat in the commodities market, for example, and buying wheat futures? |||The spot price is what you can buy or sell it for right now for immediate delivery, the posted prices at the grain elevators The futures prices is what you can buy or sell it for at some point in the future using a futures contract.
What are futures in the stock market?
Every morning before the stock markets open, CNBC and yahoo finance and others predict how the market will open by looking at futures or some other factors that i cant understand. Can someone please explain what futures are and how financial channels predict how the market will open/be for the day?|||Futures are basically things you will buy in the future, usually things like crops, oil, etc.
Of course you don't get a truck load of corn delivered to your house but you sell the futures to people who actually will.|||hi
u can contact me.
u can got free calls intraday
add me :- silver_money007 via yahoo massenger
Of course you don't get a truck load of corn delivered to your house but you sell the futures to people who actually will.|||hi
u can contact me.
u can got free calls intraday
add me :- silver_money007 via yahoo massenger
With a lowrisk profitable trading system, what is the best job for a futures trader without start-up capital?
This question is regarding an online futures trader with a low risk trading system that is highly profitable. He wishes to use his trading strategy/skills to make money for an institution or an individual. However the trader does not have any financial degrees, or experience working as a "professional" trader; only personal trading experience. The trader does not have any "start-up" capital of his own that he is willing/able to risk and is wondering what would be the optimal place to look for employment. Any details would be very helpful, especially from anyone else that has been in a similar situation before.
Thanks in advance for all replies.|||There are no shortcuts - period.
There are no easy paths... Try to find a backer - a person who will invest funds with you for some kind of fee arrangement - don't hope to get more than 20% of the profits...
Thanks in advance for all replies.|||There are no shortcuts - period.
There are no easy paths... Try to find a backer - a person who will invest funds with you for some kind of fee arrangement - don't hope to get more than 20% of the profits...
What does it mean if the price of milk futures are going up?
It was reported in Bloomberg recently that price of milk futures are going up. What does this mean? Does it mean that if price of milk is expected to increase, more people are buying milk futures to hedge against the price rise?|||Yes, the way it works is traders gamble on what the price of something will be in the future. They do this with oil, gold, cows, milk, stocks, a lot of things.
The way it works is you might enter a contract to buy 100 gallons of milk at a price of $3 per gallon 1 month from now in the future. If it turns out that the actual price of milk at that point is $3.50, you can buy 100 gallons of milk for $3.00 and then turn around and sell them for $3.50. A profit of $50! Add a few zeros to the number of gallons and things start getting interesting.
Most futures traders are gamblers, and never actually expect to take the milk. Instead, 5 minutes before the point at which the contracts reach their expiration, the traders sell the futures contracts to actual milk distributors (like walmart) who want to take delivery of the milk itself. This way the traders can take their profits (or losses) and can get out of it.
Walmart might buy or sell futures to hedge against rising milk prices (as you said). They might space out the timing of their futures purchases so that they lock in prices for April, May, June, July, etc. They don't necessarily want all the milk at once.
A lot of companies hedge, a lot don't. It just depends on how the business operates and if they need to know for sure what prices will be in advance or not in order to get the financing they need to buy inventory. Again, some do, some don't. Some just like to gamble.|||You are correct.
The way it works is you might enter a contract to buy 100 gallons of milk at a price of $3 per gallon 1 month from now in the future. If it turns out that the actual price of milk at that point is $3.50, you can buy 100 gallons of milk for $3.00 and then turn around and sell them for $3.50. A profit of $50! Add a few zeros to the number of gallons and things start getting interesting.
Most futures traders are gamblers, and never actually expect to take the milk. Instead, 5 minutes before the point at which the contracts reach their expiration, the traders sell the futures contracts to actual milk distributors (like walmart) who want to take delivery of the milk itself. This way the traders can take their profits (or losses) and can get out of it.
Walmart might buy or sell futures to hedge against rising milk prices (as you said). They might space out the timing of their futures purchases so that they lock in prices for April, May, June, July, etc. They don't necessarily want all the milk at once.
A lot of companies hedge, a lot don't. It just depends on how the business operates and if they need to know for sure what prices will be in advance or not in order to get the financing they need to buy inventory. Again, some do, some don't. Some just like to gamble.|||You are correct.
What is the minimum amount of credit hours required to keep a bright futures scholarship?
i have the gold seal bright futures scholarship and i want to know the hour requirements per semester? .. can i take a semester off and still keep my scholarship?|||9 credit hours and no.|||9 hours
Are prices of oil futures a reasonable way to have an idea of future oil price movement?
I want to have an informed guess for future oil price movements for an assignment...is it a good benchmark to look at the oil futures price being traded in the market to have an estimate.|||The future price is really just today's price plus the cost of the capital. Look at global economic recovery which will, which is, pushing oil price up.|||No. The futures price is normally equal to the cash price plus storage and financing costs. During shortages, this can reverse in that the futures price may be lower than the cash price.|||Futures price reflects expectation of the future price expectation of a commodity at the present time. By looking at the futures price and see if it is in contango or backwardation, you could have an idea of how investors are thinking about future prices now. But, thats only the view of investors about the future at this point in time. This opinion can change daily as well. Contango can change as easily to backwardation and vice versa. As such, looking at futures prices is no foolproof way of predicting the market either.
Is there any future working as a futures or derivatives trader? What are the risk involved?
I am currently a fresh graduate with an economics degree. I couldn't decide which job offer to accept, the tough choice is between working for a well known international bank in the consumer or corporate banking department, or to train as a futures and derivatives trader with a small firm. The reward from the futures and derivatives trader position is fantastic but i understand there's a high amount of risk involved as well, therefore high risk-reward position.|||Trader trainee jobs are highly desirable and hard to come by. If somebody is actually offering you a job as a trader trainee, then go for it! This is a fantastic opportunity. There is, of course, the risk that you won't be an good at at and they will let you go, but that's true with any job. Then you can look for other trading jobs, as well as jobs where a trading background is required. If you are good at it, the bonuses are huge. Don't be put off by it being a small firm. This is a business full of niche firms that nobody has ever heard of outside the business because general image advertising does them no good, unlike banks and brokers that do retail business. The risks that you have heard of with a career in trading refer to the risks of trading your own money. As an employee, you will be trading the firm's money or investment money managed by the firm. You get to learn by trading other people's money. This is why these are great jobs and hard to come by.|||Sure there are risks in the futures market but whose money is at risk? The firm's $ right? They are not going to have you throwing their money out the window--they would be out of business. So they will show you how to make money in the markets. Soon enough you'll be making big money on your own as well as for the company. Its a lot more exciting and interesting. Do you have a chance to make bonuses for reaching financial goals for them? That will drive you to understand whats going on fairly quickly. I took four economics classes in college and I would go with the trading offer hands down!|||Of course futures %26amp; derivatives HAVE a future, but if you think about it, it may not be that bright a future in the near to mid-term.... A huge chunk of boomers are set to retire over the next 10-15 years, and few of them have saved enough. Fiscally, they are not "risk-takers". When they sober-up/straighten up long enough to see that bonds are not going to earn them enough, they will turn to stocks...but anything they have not heard of, or do not understand, they will not buy.
So I think we will see them flock to the Dow stocks producing a steady, predictable, conservative rate of growth in the DJIA for the next 10-15 years, probably 8-10%, somewhat below the historical average rate.
This will not make for great gains in futures or derivatives|||there is a future in futures, but it's quite risky. Basically you're acting as a psychic depending on how peoples' fear and greed determine a futures price. Many brokerage firms will not let you offer futures until you are few years in the business and usually the high net worth clients are those who have futures in their portfolios. I would personally do the banking side because there are so many banks around, so many being started, and so many being acquired. There is a tremendous amount of opportunity in banking.
Another thing to think about....would you want to be a small fish in a big pond like you would be in that bank, or would you want to be a big fish in a small pond like the small firm? That's a pretty important decision.
Either way, you have some good opportunities ahead of you, but think about your short term goal and your long term plan.
Banking= many choices besides just being in a branch
Small firm= limiting yourself to only doing one thing|||Derivative and hedge funds are dropping like flies as the underlying adjustable rate mortgages head majorly South due to alot of repossessions and walk-aways! The Idea that you can package high risk items into a package that will have a lower risk is falacious. When it's time to sell you may find you have nothing to sell and no one to sell to! Stay out! Other wise you'll lose your shirt.|||try at first, then seen what is the risk..
So I think we will see them flock to the Dow stocks producing a steady, predictable, conservative rate of growth in the DJIA for the next 10-15 years, probably 8-10%, somewhat below the historical average rate.
This will not make for great gains in futures or derivatives|||there is a future in futures, but it's quite risky. Basically you're acting as a psychic depending on how peoples' fear and greed determine a futures price. Many brokerage firms will not let you offer futures until you are few years in the business and usually the high net worth clients are those who have futures in their portfolios. I would personally do the banking side because there are so many banks around, so many being started, and so many being acquired. There is a tremendous amount of opportunity in banking.
Another thing to think about....would you want to be a small fish in a big pond like you would be in that bank, or would you want to be a big fish in a small pond like the small firm? That's a pretty important decision.
Either way, you have some good opportunities ahead of you, but think about your short term goal and your long term plan.
Banking= many choices besides just being in a branch
Small firm= limiting yourself to only doing one thing|||Derivative and hedge funds are dropping like flies as the underlying adjustable rate mortgages head majorly South due to alot of repossessions and walk-aways! The Idea that you can package high risk items into a package that will have a lower risk is falacious. When it's time to sell you may find you have nothing to sell and no one to sell to! Stay out! Other wise you'll lose your shirt.|||try at first, then seen what is the risk..
Do futures have any time value or any additional premium over intrinsic value?
As with options - time values, volatility factors, other greeks, etc. Or, are futures priced entirely intrinsically?
Anything you can tell me about futures pricing and purchasing is helpful. I know very little. Thanks for your help!|||not entirely intrinsic, no. As interest rates rise, I know this is a novel idea but sometimes they do rise, the value of the future tends to drop slightly due to the amount of the deposit you are required to make, although it can be in t-bills which are interest bearing. But the main factor effecting the value of the future is future expectations for the settlement month.|||Futures are nothing like options because they must be settled, so it is all about the value of the underlying thing.
Anything you can tell me about futures pricing and purchasing is helpful. I know very little. Thanks for your help!|||not entirely intrinsic, no. As interest rates rise, I know this is a novel idea but sometimes they do rise, the value of the future tends to drop slightly due to the amount of the deposit you are required to make, although it can be in t-bills which are interest bearing. But the main factor effecting the value of the future is future expectations for the settlement month.|||Futures are nothing like options because they must be settled, so it is all about the value of the underlying thing.
How to mitigate Risk through Futures and options?
I am going to be alloted 200 shares of company X for a price of Rs. 300 , in 3 months time. The current market price of the share is Rs.350. But I am not sure if the same price will be there for 3 months. I am happy to sell it for Rs.350. If I enter into a futures contract can I mitigate my risk. Please advise. Kindly note the solution should be specific for the Indian markets.|||as you will be alloted only after 3 months.
i guess,it will get too complicated, you will have to simultaneously employ both futures and options of your company X, and still your risk will be limitless...unless you willing to invest about rs 65k(which you won't lose,no matter what) to safe guard your 200 shares(50rs profit)
the good thing will be to wait it out till you are alloted, and incase you give the actual name of the company, can tell you specific details.
i guess,it will get too complicated, you will have to simultaneously employ both futures and options of your company X, and still your risk will be limitless...unless you willing to invest about rs 65k(which you won't lose,no matter what) to safe guard your 200 shares(50rs profit)
the good thing will be to wait it out till you are alloted, and incase you give the actual name of the company, can tell you specific details.
Is it possible to use futures contracts to hedge exposure to foreign bonds?
If one were to purchase bonds from a foreign country, like Canada, Australia, etc, can futures be used to hedge exposure to the foreign currency. Also, do FX contracts actually mirror cash/spot prices?|||Sure...you can short (sell) the foreign currency of the country you are investing in. That way if the currency goes down you lose money on your bonds (when you buy back US dollars) but you would make money on your futures contract.
How long is a standard futures contract?
We often hear about futures contracts in the finance headlines but what is their length? is it a month or 3 months?|||Your question is confusing. Some futures will not expire for years. Others are going to expire this month.
On the Chicago Mercantile Exchange, most, but not all futures contracts are listed on a 3-month cycle. That means, for example, there is a Canadian Dollar Future which expires in March, one which expires in June, one in September, and one in December.
On the Hong Kong Futures Exchange, there is a series of 12 contracts each year on the main HSI future contract.
On certain exchanges and for certain commodities, there is a 3-month cycle, but the exchange adds contracts for the nearest 2 months. Like for the HSI, you would have March, June, Sept and Dec. Since now it is August, you would be able to trade August, September, and December. The exchange will add an October contract when August expires. You would also be able to trade March 2008 and June 2008.|||As the two above said, the contract length on futures varies. If you are a farmer and know your wheat will be harvested in October, you may want to go in and sell wheat futures for October delivery. That way you know how much you will get for your wheat and you won't be nervous all summer watching wheat prices rise and fall.
Likewise, if you are a bakery, you know you will need a certain amount of wheat in October to make bread. You may want to go in and buy an October wheat future to lock in your price. That way you won't be nervous all summer watching wheat prices rise and fall.
Lastly, to the answerer here who said that options benefit the seller more than the buyer....absolutely wrong. What optionwriter is saying is that the option is mispriced...allowing benefit to the seller more than the buyer. I don't want to go into the math of options pricing theory, but it suffices to say that that sort of blanket statement is totally incorrect and worthy perhaps only of late night "get rich" TV. I also notice optionwriter offers a book for sale on covered call writing. If the theory is so good, why sell a book? Why not go run Harvard's Foundation of $30bb if you can make 25% a year? I personally know trading groups that would pay you TENS of millions to come and generate 25% per year in returns consistently. Why sell a book rather than actually making the 25%????
Well, because you can't make 25% consistently. Period.
To claim that options are mispriced shows either incredible ignorance or extraordinary hubris.|||Futures contract can be as short as one month to as long as one to three years. Futures is a contract that does not provide any advantages to either party (buyer or seller). However, if you are a options seller, you will receive cash (premium) just by entering into a contract. An options contract is an unequal contract because it benefits the seller more than the buyer.
You can earn consistently 25% investment income per year by just creating options. This investment method is called options writing. Go to www.optionswriter.net to find out more.
On the Chicago Mercantile Exchange, most, but not all futures contracts are listed on a 3-month cycle. That means, for example, there is a Canadian Dollar Future which expires in March, one which expires in June, one in September, and one in December.
On the Hong Kong Futures Exchange, there is a series of 12 contracts each year on the main HSI future contract.
On certain exchanges and for certain commodities, there is a 3-month cycle, but the exchange adds contracts for the nearest 2 months. Like for the HSI, you would have March, June, Sept and Dec. Since now it is August, you would be able to trade August, September, and December. The exchange will add an October contract when August expires. You would also be able to trade March 2008 and June 2008.|||As the two above said, the contract length on futures varies. If you are a farmer and know your wheat will be harvested in October, you may want to go in and sell wheat futures for October delivery. That way you know how much you will get for your wheat and you won't be nervous all summer watching wheat prices rise and fall.
Likewise, if you are a bakery, you know you will need a certain amount of wheat in October to make bread. You may want to go in and buy an October wheat future to lock in your price. That way you won't be nervous all summer watching wheat prices rise and fall.
Lastly, to the answerer here who said that options benefit the seller more than the buyer....absolutely wrong. What optionwriter is saying is that the option is mispriced...allowing benefit to the seller more than the buyer. I don't want to go into the math of options pricing theory, but it suffices to say that that sort of blanket statement is totally incorrect and worthy perhaps only of late night "get rich" TV. I also notice optionwriter offers a book for sale on covered call writing. If the theory is so good, why sell a book? Why not go run Harvard's Foundation of $30bb if you can make 25% a year? I personally know trading groups that would pay you TENS of millions to come and generate 25% per year in returns consistently. Why sell a book rather than actually making the 25%????
Well, because you can't make 25% consistently. Period.
To claim that options are mispriced shows either incredible ignorance or extraordinary hubris.|||Futures contract can be as short as one month to as long as one to three years. Futures is a contract that does not provide any advantages to either party (buyer or seller). However, if you are a options seller, you will receive cash (premium) just by entering into a contract. An options contract is an unequal contract because it benefits the seller more than the buyer.
You can earn consistently 25% investment income per year by just creating options. This investment method is called options writing. Go to www.optionswriter.net to find out more.
What are some derivatives which an individual investor can use beside futures,swaps and options?
What are some derivatives which an individual investor can use beside futures,swaps and options?
and do online traders offers the option of short selling?
What tools are there for leveraging besides options?|||It pretty much depends on how well capitalized you are. I think that if you can trade swaps, you can trade any number of other derivatives (last I checked, I worked for a firm where we had to keep $50M in a prime brokerage account to trade interest rate swaps). However, add forwards to the list and you have a huge percentage of the derivative trading on the planet. In fact, I think the only big category left out are credit and mortgage derivatives.
Many online traders allow you to short liquid stocks. Now that interest rates are really low, it doesn't feel like you are getting cheated too badly by letting them keep the short proceeds without paying you much interest.
For leverage you can (besides above-mentioned derivatives):
a) Buy warrants which are similar to calls except that there is dilution if they are exercised.
b) Buy convertible bonds which have embedded warrants, though it's not clear this gives you lots of leverage
c) Buy leveraged mutual funds or (more likely) ETF's that return multiples of index returns.
d) Invest with a hedge fund that has broker/dealer status (you don't get any say on investments then of course)
e) Buy mortgage derivatives or tranched debt derivatives. (You probably shouldn't do this unless you really know what you are doing)
f) Invest in companies that are highly leveraged. You can't borrow 5:1 to invest in equity, but you can invest in companies with 5:1 debt to equity ratios which is largely the same thing. These will likely be high beta stocks.
g) Borrow money from your brother in law/credit card/Vinny Needlenose and invest it.|||Joey v could not have said it any better.
Mike
I stick with option because I love the ratio you leverage.
and do online traders offers the option of short selling?
What tools are there for leveraging besides options?|||It pretty much depends on how well capitalized you are. I think that if you can trade swaps, you can trade any number of other derivatives (last I checked, I worked for a firm where we had to keep $50M in a prime brokerage account to trade interest rate swaps). However, add forwards to the list and you have a huge percentage of the derivative trading on the planet. In fact, I think the only big category left out are credit and mortgage derivatives.
Many online traders allow you to short liquid stocks. Now that interest rates are really low, it doesn't feel like you are getting cheated too badly by letting them keep the short proceeds without paying you much interest.
For leverage you can (besides above-mentioned derivatives):
a) Buy warrants which are similar to calls except that there is dilution if they are exercised.
b) Buy convertible bonds which have embedded warrants, though it's not clear this gives you lots of leverage
c) Buy leveraged mutual funds or (more likely) ETF's that return multiples of index returns.
d) Invest with a hedge fund that has broker/dealer status (you don't get any say on investments then of course)
e) Buy mortgage derivatives or tranched debt derivatives. (You probably shouldn't do this unless you really know what you are doing)
f) Invest in companies that are highly leveraged. You can't borrow 5:1 to invest in equity, but you can invest in companies with 5:1 debt to equity ratios which is largely the same thing. These will likely be high beta stocks.
g) Borrow money from your brother in law/credit card/Vinny Needlenose and invest it.|||Joey v could not have said it any better.
Mike
I stick with option because I love the ratio you leverage.
When did the London Metal Exchange start trading Copper Futures?
I am investigating the impact of futures trading on spot market volatility in Copper on the London Metal Exchange for my Master's dissertation, and in order to do so I need to know when the LME starting trading in Copper futures as well as Copper. This will allow me to compare volatility of copper prices before and after the introduction of copper futures.|||I would have thought getting in touch with the LME would be your first port of call.
http://www.lme.com/home.asp
http://www.lme.com/home.asp
If i withdraw from a class and have Bright Futures and Florida Prepaid, do I still have to repay?
I have Bright Futures and Florida prepaid. I know the new Bright Futures rules make it so you have to repay if you withdraw from a class. However, will Florida prepaid, which has no restricitons that I know of, pick up the class so I won't have to repay Bright Futures?|||Brian:
I can't say for certain, but probably not.
Florida prepaid rules require the student to notify the cashier's office by the end of the add/drop period if they want a prepaid program deferment. The prepaid program receives an invoice from your school within 30 days of the start of each semester. I don't believe that they will consider any requests for payment that arrive after that 30 day deadline.
This is definitely a question for your financial aid office, or for the administrators of the prepaid program. I'm sorry that I could not provide you with the definitive answer.
Good luck.|||florida has the strangest laws of any state in my experience and bright futures has so many holes and tangles in it you really need a professional opinion, go to your financial aid advisor, you are supposed to before you drop a class anyway acording to your MPN
I can't say for certain, but probably not.
Florida prepaid rules require the student to notify the cashier's office by the end of the add/drop period if they want a prepaid program deferment. The prepaid program receives an invoice from your school within 30 days of the start of each semester. I don't believe that they will consider any requests for payment that arrive after that 30 day deadline.
This is definitely a question for your financial aid office, or for the administrators of the prepaid program. I'm sorry that I could not provide you with the definitive answer.
Good luck.|||florida has the strangest laws of any state in my experience and bright futures has so many holes and tangles in it you really need a professional opinion, go to your financial aid advisor, you are supposed to before you drop a class anyway acording to your MPN
What happens when a futures contract for hogs is not closed out before it expires?
what happens if a trader in the futures market forgets to close out a long position. Will someone dump 40,000 pounds of squealing porkers on his lawn the morning after his contract expires?|||Most brokers do not deal with delivery, and will close out or roll over your contract for you before expiration.|||SUE-EEEEEEEEEEEEEEEEEEEEEEE!!!!!!|||better call the fencing people today!
What are some of the differences between trading stocks vs. futures vs. forex?
I trade only stocks right now but I've heard people swear by trading futures or forex. I've never tried either. Is one more volatile and therefore easier to make more money?|||The main difference between trading stocks and futures is the leverage involved.
In a stock margin account, you can trade at 2:1 or 4:1 leverage. In a futures account, you can trade the E-mini or Dow mini futures with 20:1 or 40:1 leverage. This causes your profits and losses and account value to be extermely volatile, and very dangerous if you trade at maximum leverage. In a futures account, you can lose more than you have invested.
Forex is just another form of futures account, except here, the maximum leverage is 200:1. Wo, how much trouble can we get into now? You have to be aware of the economic reports for the currencies traded and the US reports, like GDP, retail sales, and particularly interest rate adjustments and differentials. Unless you are willing to trade gap trades, the opportunity is very little here compared to the huge move from the report. These trades can be very plodding, in between reports. Or some big news announcement will break, or someone declares war, or sets off a bomb, and blows you completely out of the trade. Trading the forex is not for the beginner or faint of heart. Find a good simulator and practice, practice.|||1. yes, it is more volatile.
2. not at all|||They are totally different investment vehicles, if you dont know about them, i would stay clear,, you should read some articles like the ones on www.thewallstreethunter.com very informative,, the key to any investing is knowing all the info first, then making a decision....
Good luck|||forex is better, less pairs to track, good leverage built in, excellent liquidity and accessability, 24 hour market, trends last for days weeks or months, no commissions, just get on and ride.
what a market. no negatives. its the future of worldwide trading.
good trading
mark mc donnell
www.forexearlywarning.com|||Trading stock is buying or selling shares of the corporation which is register by Stock Exchange Market , then you made earn money by paying less to purchase and sell it at a higher price.
Forex is trading on the contract of the future of the currency, they have different month on different currency, you could loss your all your initial investment money if you don't know what you are doing. Even a very experience or professional trader will loss all the money.
There is a lot of Forex agents keeping calling randen people
to open an account and made a lots of money loss all their money too. Try to read Wall Street journal or Investor Business Daily to understand the basic before doing anything, It is very risky (almost like gambling)|||Forex and futures are both high leveraged in comparison to stocks.
Forex and futures tend to have lower commissions and fees.
The principles of trading all three are the same. You can make or lose money in any of them.
In a stock margin account, you can trade at 2:1 or 4:1 leverage. In a futures account, you can trade the E-mini or Dow mini futures with 20:1 or 40:1 leverage. This causes your profits and losses and account value to be extermely volatile, and very dangerous if you trade at maximum leverage. In a futures account, you can lose more than you have invested.
Forex is just another form of futures account, except here, the maximum leverage is 200:1. Wo, how much trouble can we get into now? You have to be aware of the economic reports for the currencies traded and the US reports, like GDP, retail sales, and particularly interest rate adjustments and differentials. Unless you are willing to trade gap trades, the opportunity is very little here compared to the huge move from the report. These trades can be very plodding, in between reports. Or some big news announcement will break, or someone declares war, or sets off a bomb, and blows you completely out of the trade. Trading the forex is not for the beginner or faint of heart. Find a good simulator and practice, practice.|||1. yes, it is more volatile.
2. not at all|||They are totally different investment vehicles, if you dont know about them, i would stay clear,, you should read some articles like the ones on www.thewallstreethunter.com very informative,, the key to any investing is knowing all the info first, then making a decision....
Good luck|||forex is better, less pairs to track, good leverage built in, excellent liquidity and accessability, 24 hour market, trends last for days weeks or months, no commissions, just get on and ride.
what a market. no negatives. its the future of worldwide trading.
good trading
mark mc donnell
www.forexearlywarning.com|||Trading stock is buying or selling shares of the corporation which is register by Stock Exchange Market , then you made earn money by paying less to purchase and sell it at a higher price.
Forex is trading on the contract of the future of the currency, they have different month on different currency, you could loss your all your initial investment money if you don't know what you are doing. Even a very experience or professional trader will loss all the money.
There is a lot of Forex agents keeping calling randen people
to open an account and made a lots of money loss all their money too. Try to read Wall Street journal or Investor Business Daily to understand the basic before doing anything, It is very risky (almost like gambling)|||Forex and futures are both high leveraged in comparison to stocks.
Forex and futures tend to have lower commissions and fees.
The principles of trading all three are the same. You can make or lose money in any of them.
What do I need to do to apply for Bright Futures?
Hello, I am near the end of my high school career, and I am know looking for scholarships. I know Bright Futures is a great program for scholarships, so what do I need to do to apply there? What are the requirements? What is the link which I apply at?
I would like to embed a scrolling stock and futures tick on my homepage. Any help?
I would like a clean sharp looking scrolling ticker. I would like futures and commodities to scroll. There are many random downloads out there but I can't figure out which is good or some download scam.|||Widget:
http://www.sanebull.com/widgets/commodit鈥?/a>
Ron
http://www.sanebull.com/widgets/commodit鈥?/a>
Ron
What are some basic Intramarket spread trading strategies for futures contract?
What are some basic Intramarket spread trading strategies for futures contract? Is there any upfront cost associated with these trading strategies(please elaborate)? If possible, please provide simple examples as I am still new to this subject. Many thanks in advance!|||May I be wrong to advise you to stay out of the share markets and trades if you need a good financial future?
Florida Bright Futures Community Service Hours?
I know that you need 75 hours for Florida Bright futures, I also know that half of those hours may be completed by a mission trip. How do you record those though? Do I need to write a paper (if so what are the requirement for that) or can it be completed by just having a signed paper?|||Any adult can sign the records of your service. It helps if they leave a contact number so it can be verified. You can also go to a bank and have the signature notarized.
How do speculators make money with oil futures?
I guess that speculators make a profit if future price is higher than current spot price. But when current spot price moves instantaneously with futures price, what is the profit margin for speculators wth oil futures?|||They are betting out a price in the future. Spot price is only the price at the moment. Futures prices are typically higher because there are actually companies that need the oil delivered not just to speculate on the price, ie Delta Airlines. Currently the price is around $130, but a futures contact 2 years from now can be as high as $200. Someone thinks that $200 is a good price, maybe the spot price in the future will be $300, therefore they get a discount of $100.
How do I check or buy/sell AAPL stock futures?
I've seen people checking futures while they are thinking of buying/selling a stock. Is there futures for all stocks or just general futures? I guess I'm confused on the whole futures thing in general, but I want to see anything corresponding to AAPL in particular. Any help is appreciated. Thanks.|||AAPL does have futures, which trade on the OneChicago. Any broker that allows you to trade futures or Single Stock Futures will allow you to trade these. But these only trade during regular market hours, whereas AAPL stock trade in both premarket and aftehours trading via ECNs like ARCA.
But when people are 'checking futures before they buy/sell a stock', they are looking at what the ES futures (S%26amp;P) are doing in pre-market (or after-market) trading. If you assume that your stock will go up or down with the overal market, and the premarket activity in Futures will indicate a strong or weak open, then this is an understandable approach.|||There are futures for some stocks. The contracts are for 100 shares apiece. They are run through an exchange called OneChicago. You aren't going to be able to get quotes on these futures from your normal stock brokers. I have an account through Interactive Brokers, and you can get quotes through them. The spreads seem pretty wide on those (about $0.09-$0.15/share). Personally, I've never traded them, but one of the folks I get newsletters from has said even though they don't appear to have much liquidity, you can trade them, and if you put in a reasonable bid/offer, it will get filled. The Apple September contract today about halfway through the day has 5 contracts (500 shares) traded...the June contract had about 63 contracts...so it is pretty clear not a lot of people are trading these.
Futures contracts for the indexes trade a lot more volume. The main indices traded are the S%26amp;P 500, the Nasdaq, and the Dow. You can also trade the Russell 2000, and other indices. The S%26amp;P contracts traded 722,000 contracts on the near month yesterday, which if you consider each contract is worth 50 times the S%26amp;P index (or about $70,000 per contract), that's a lot of volume. Delayed quotes on the index futures are available on cmegroup.com. You probably need a futures account to get live quotes. OneChicago has a site for the single stock futures contracts, the info is delayed, and the site is convoluted, but I put the link below.
www.onechicago.com|||I think you are interested in options which are trading instruments that let you speculate on the upside or downside of a stock going forward in the future . They have many uses from outright speculation on the future price if a stock and can be used to hedge your own stock positions. They can be very useful in your portfolio but I suggest you research their properties before you venture in.
http://biz.yahoo.com/opt/
But when people are 'checking futures before they buy/sell a stock', they are looking at what the ES futures (S%26amp;P) are doing in pre-market (or after-market) trading. If you assume that your stock will go up or down with the overal market, and the premarket activity in Futures will indicate a strong or weak open, then this is an understandable approach.|||There are futures for some stocks. The contracts are for 100 shares apiece. They are run through an exchange called OneChicago. You aren't going to be able to get quotes on these futures from your normal stock brokers. I have an account through Interactive Brokers, and you can get quotes through them. The spreads seem pretty wide on those (about $0.09-$0.15/share). Personally, I've never traded them, but one of the folks I get newsletters from has said even though they don't appear to have much liquidity, you can trade them, and if you put in a reasonable bid/offer, it will get filled. The Apple September contract today about halfway through the day has 5 contracts (500 shares) traded...the June contract had about 63 contracts...so it is pretty clear not a lot of people are trading these.
Futures contracts for the indexes trade a lot more volume. The main indices traded are the S%26amp;P 500, the Nasdaq, and the Dow. You can also trade the Russell 2000, and other indices. The S%26amp;P contracts traded 722,000 contracts on the near month yesterday, which if you consider each contract is worth 50 times the S%26amp;P index (or about $70,000 per contract), that's a lot of volume. Delayed quotes on the index futures are available on cmegroup.com. You probably need a futures account to get live quotes. OneChicago has a site for the single stock futures contracts, the info is delayed, and the site is convoluted, but I put the link below.
www.onechicago.com|||I think you are interested in options which are trading instruments that let you speculate on the upside or downside of a stock going forward in the future . They have many uses from outright speculation on the future price if a stock and can be used to hedge your own stock positions. They can be very useful in your portfolio but I suggest you research their properties before you venture in.
http://biz.yahoo.com/opt/
How do you translate the price of a futures option on copper to a price per pound?
Y!Finance isn't very helpful today for some reason. If the price for a futures contract on copper is $3.07 for delivery in August, can that be directly translated to a market price of copper per ounce or pound? Or is it only a "right to sell"?
Is there a copper ETF? Again, Y!Finance browser isn't helpful today.|||futures do not have rights...
with a future both parties get the obligation to meet the agreement.
a price of a future contract is always the price per unit. the contract itself is worthless (it has no price) you merely pay provision for the transaction. once in position the clock starts ticking. every cent change upwards is 200 cents profit for you. each cent downwards is 200 cent loss for you.
DO NOT INVEST IN FUTURES IF YOU DO NOT KNOW ANYTHING ABOUT THEM.
you can loose a lot, and a lot! of money very very very quickkly. you can loose more than you initially invested. and right now the world record of losses on a future position would be on name of Jerome Kerviel. who lost society general ( a french bank) 4.9 million euros and failed to inform his boss.
Is there a copper ETF? Again, Y!Finance browser isn't helpful today.|||futures do not have rights...
with a future both parties get the obligation to meet the agreement.
a price of a future contract is always the price per unit. the contract itself is worthless (it has no price) you merely pay provision for the transaction. once in position the clock starts ticking. every cent change upwards is 200 cents profit for you. each cent downwards is 200 cent loss for you.
DO NOT INVEST IN FUTURES IF YOU DO NOT KNOW ANYTHING ABOUT THEM.
you can loose a lot, and a lot! of money very very very quickkly. you can loose more than you initially invested. and right now the world record of losses on a future position would be on name of Jerome Kerviel. who lost society general ( a french bank) 4.9 million euros and failed to inform his boss.
Why the eu and us stock market and futures market are lifted after the Portuguese government sold debt?
Why the eu and us stock market and futures market are lifted after the Portuguese government sold 鈧?.25 billion ($1.62 billion) in bonds in an auction.|||The quick answer is that the 'crisis of liquidity is over."
What that means is that when Portugal was running out of funds to cover payments to debtors, the influx of money from bond sales allowed the government to continue and reduce the amount of immediate repayments that were required.
In other words, federal employees will get paid this week, and the government has time to fix its debt problem.|||Hi coinsyx,
This was because the governement had achieved what it wanted.
I know how you feel. I have been frustrated with my hit and miss strategies in my trading in the stock market. Having attended a few high ticket seminars the strategies have not proved consistent except in losing trades.
I was disappointed with my results and very frustrated as I know there are a few traders who are doing extremely well. But what is their secrets or methods of making money in the stock market.
For me it has a hit and miss until now since I have come across a system of trading stocks and options as a real and proven system creating consistent profits not losses.
How about you? Time to make money not lose it.
Wishing you big success in your trading.|||Because the government action was an success.
To better understand you can read :
http://www.fecima.com/201101125744/Insid鈥?/a>
What that means is that when Portugal was running out of funds to cover payments to debtors, the influx of money from bond sales allowed the government to continue and reduce the amount of immediate repayments that were required.
In other words, federal employees will get paid this week, and the government has time to fix its debt problem.|||Hi coinsyx,
This was because the governement had achieved what it wanted.
I know how you feel. I have been frustrated with my hit and miss strategies in my trading in the stock market. Having attended a few high ticket seminars the strategies have not proved consistent except in losing trades.
I was disappointed with my results and very frustrated as I know there are a few traders who are doing extremely well. But what is their secrets or methods of making money in the stock market.
For me it has a hit and miss until now since I have come across a system of trading stocks and options as a real and proven system creating consistent profits not losses.
How about you? Time to make money not lose it.
Wishing you big success in your trading.|||Because the government action was an success.
To better understand you can read :
http://www.fecima.com/201101125744/Insid鈥?/a>
How does the bright futures scholarship work?
Hi, please help me.
I took summer classes (i'm going to be a freshman monday) and earned a 2.375 GPA.I got 75% bright futures. WHen does bright futures check my gpa so i get my reward? I have heard it's the end of the spring semester so i still have time to pull my grade up.. please help!|||Dear soon you gonna have an answer to that am looking for the same thing
I took summer classes (i'm going to be a freshman monday) and earned a 2.375 GPA.I got 75% bright futures. WHen does bright futures check my gpa so i get my reward? I have heard it's the end of the spring semester so i still have time to pull my grade up.. please help!|||Dear soon you gonna have an answer to that am looking for the same thing
What are the possible futures of the universe?
I need help describing the possible futures of the universe.
I'm required to list the factors that influence which future will actually occur. Can anybody help me? Where is this universe headed? Thanks alot!|||1. (Most Likeliy) Big Rip
2. Heat Death
3. Big Crunch
4. Big Bounce (infinte Big Bangs and Big Crunches)
5. Other
It should be noted that I listed these in order of likelihood ignoring Quantum Physics. A cyclical model of the universe is technically possible, when that field is applied, even to the Big Rip fate.
.............................
The biggest (currently unknown) factor is the value of Dark Energy [(w) in most equations]. If it is at a certian quantity, the universe will expand and find equilibirum over time. If it is too strong, the universe will "rip" apart, even at the atomic levels. If it is too weak, the universe will collapse in on itself (gravity overpowers the expansion in the end) and it crunches.|||The universe is expanding. Also, it is proved that the sun will be a red giant and there may be dangers to humans.
I'm required to list the factors that influence which future will actually occur. Can anybody help me? Where is this universe headed? Thanks alot!|||1. (Most Likeliy) Big Rip
2. Heat Death
3. Big Crunch
4. Big Bounce (infinte Big Bangs and Big Crunches)
5. Other
It should be noted that I listed these in order of likelihood ignoring Quantum Physics. A cyclical model of the universe is technically possible, when that field is applied, even to the Big Rip fate.
.............................
The biggest (currently unknown) factor is the value of Dark Energy [(w) in most equations]. If it is at a certian quantity, the universe will expand and find equilibirum over time. If it is too strong, the universe will "rip" apart, even at the atomic levels. If it is too weak, the universe will collapse in on itself (gravity overpowers the expansion in the end) and it crunches.|||The universe is expanding. Also, it is proved that the sun will be a red giant and there may be dangers to humans.
Why are so many girls insecure about their futures?
I go to a very expensive high school, so I am assuming that most girls in my school are from well-off families; however, I have noticed from their inclinations toward certain tendencies and other behaviors that most girls are very insecure about their futures. What could they be insecure about: money, sex, old age? What else?|||it's teenagers in general, not just girls. Everyone worries about getting into college, meeting the right spouse, having a good career, and basically making it on their own. Don't think for a second that it's just girls who think this way, because it's not.|||Not just girls feel this way. They are just concerned about the welfare of their future. Being a teenager is very difficult at times because all of the hardships of life are all of a sudden being weighed down upon you.|||wow, you are really without a clue and out of touch?|||employment, career vs. family
Money does not mean security|||I'm pretty concerned I'm going to be alone forever. : /
Money does not mean security|||I'm pretty concerned I'm going to be alone forever. : /
What does Florida bright futures pay for?
I'm applicable for the highest tear of bright futures but I don't know if I should even worry about getting the community service for it. I was in foster care in my state and am applicable for a full tuition waiver at any Florida funded university. I just want to know if bright futures pays for anything else besides tuition, and if there's any way I could get some pocket money from earning it. I've looked at the website but I can't find any information that answers my question.|||I am sure that information is on their website. Looked it up - yes, it's there.
Can someone please explain to me how the futures market is legal?
It seems to me that the speculation in the futures market (among other things) seems to be one of the biggest factors influencing high energy and food costs. I don't understand how the federal government can allow this to happen without imposing some kind of regulations. I don't want to get into a party debate here, I just want to know how this all works from a purely economic point of view.|||the futures market was born out of a desire for farmers and other producers of commodity goods, like gas and oil, to be able to hedge the risk they have that prices will fall between the time that they commit to producing the goods and the time they are able to deliver those goods to the actual customer. People who were willing to risk capital get paid a risk premium to guarantee the producer a certain price for their product. The people that started out doing that were the ones who did extensive research on what all the other producers were likely to do, consulted weather indicators, and pooled risks over large areas. It was kind of like insurance. You pay a small amount to protect yourself against a bigger risk.
Well, in order to efficiently provide the futures contracts that help protect the producers, its reasonable to allow the contracts themselves to be bought and sold, to provide liquidity. If you allow a free market, you can eliminate some of the costs associated with activities that otherwise would have low liquidity. With the futures market, there is almost always a willing buyer and seller at some price.
Now, here is where we started to slip up: Because people saw how beneficial it was to have a lot of ready buyers for futures contracts, to eliminate liquidity concerns for the people who buy and sell them, we decided to allow people to buy these contracts on margin. That means you don't have to actually have all the money it might take to pay on the contract in the event the price changed in the opposite direction from what you expected. You just have to have a portion of that cost. this makes some sense, in that the commodity won't normally go down to zero value, or up to many times its average cost. Except for when market conditions begin to move to an extreme. that is where we are today. Conditions have converged to make oil a very attractive place to put your money. The stock market has been tough, oil supplies have been threatened, the dollar was declining in value rapidly for a while. Why not take your dollars and buy something that looks like it will go up in value pretty certainly, and get out of the sinking dollar and make some money.
Well, a whole bunch of people thought that, and a whole bunch of them started doing it. And the started to bid the price of oil way past what it can really be worth, in terms of a tangible, usefull asset.
The price of oil is very likely to fall, and fall far, eventually. The trick is figuring out when, and by how much.
To ease the pressure of speculation on oil, we can increase the margin requirements. This will reduce the possibility of investors making huge profits just by rolling the dice on the price moving in the direction they expect. Forcing speculators to pay a larger percentage of the contract up front, will dampen the run on the price of oil, but still allow enough speculation to make a nice liquid market for the people who use it for good purposes.
We have agencies who are supposed to regulate speculation, and make adjustments in times like this. they have not been doing their job. They were appointed by GWB. Remember where his family made their money? Oh yeah, oil.|||The futures market plays an important role by finding a price that people are willing to buy and sell different commodities at. In these markets there are many buyers and sellers and without a futures market the transaction costs would be much higher. For example to find the lowest price a buyer would have to go to every single producer to see there price. The futures market also plays an important role with the price signals that it sends on what things should be produced. If the price of corn is high people will plant less of the lower price crops and grow more corn.
On the regulation side, it is a regulated market by the government and also with rules established by the trading markets themselves.|||It was created to help the farmer and has be perverted .
Well, in order to efficiently provide the futures contracts that help protect the producers, its reasonable to allow the contracts themselves to be bought and sold, to provide liquidity. If you allow a free market, you can eliminate some of the costs associated with activities that otherwise would have low liquidity. With the futures market, there is almost always a willing buyer and seller at some price.
Now, here is where we started to slip up: Because people saw how beneficial it was to have a lot of ready buyers for futures contracts, to eliminate liquidity concerns for the people who buy and sell them, we decided to allow people to buy these contracts on margin. That means you don't have to actually have all the money it might take to pay on the contract in the event the price changed in the opposite direction from what you expected. You just have to have a portion of that cost. this makes some sense, in that the commodity won't normally go down to zero value, or up to many times its average cost. Except for when market conditions begin to move to an extreme. that is where we are today. Conditions have converged to make oil a very attractive place to put your money. The stock market has been tough, oil supplies have been threatened, the dollar was declining in value rapidly for a while. Why not take your dollars and buy something that looks like it will go up in value pretty certainly, and get out of the sinking dollar and make some money.
Well, a whole bunch of people thought that, and a whole bunch of them started doing it. And the started to bid the price of oil way past what it can really be worth, in terms of a tangible, usefull asset.
The price of oil is very likely to fall, and fall far, eventually. The trick is figuring out when, and by how much.
To ease the pressure of speculation on oil, we can increase the margin requirements. This will reduce the possibility of investors making huge profits just by rolling the dice on the price moving in the direction they expect. Forcing speculators to pay a larger percentage of the contract up front, will dampen the run on the price of oil, but still allow enough speculation to make a nice liquid market for the people who use it for good purposes.
We have agencies who are supposed to regulate speculation, and make adjustments in times like this. they have not been doing their job. They were appointed by GWB. Remember where his family made their money? Oh yeah, oil.|||The futures market plays an important role by finding a price that people are willing to buy and sell different commodities at. In these markets there are many buyers and sellers and without a futures market the transaction costs would be much higher. For example to find the lowest price a buyer would have to go to every single producer to see there price. The futures market also plays an important role with the price signals that it sends on what things should be produced. If the price of corn is high people will plant less of the lower price crops and grow more corn.
On the regulation side, it is a regulated market by the government and also with rules established by the trading markets themselves.|||It was created to help the farmer and has be perverted .
What is mark to market profit/loss in stock futures ? How is it calculated by the stock exchange?
I trade in futures segment of stock.When I buy a lot of a stock %26amp; sell it the contract note for each buy %26amp; sell shows mark to market loss or profit which is totally different as per the difference in amount of buy %26amp; sell ? What is it %26amp; how is it calculated? pl.describe in detail.|||for the pending net trades of buy/sell, after day end ,closing rates are fixed and calculated the profit and loss amount .
this is called mark to market profit/loss and credited/debited to account holder.|||E.g., your margin is 50000, you have bought at 1 lot of 1000 shares of x stock at 100 and today's closing price is 105- your account shows a profit of 5000.(55000).
Suppose tomorrow, the closing price is 99, your account would be -6000 from 55000- =49000.
But actually your loss is -1000 only. Hope this is clear.
(Meanwhile, avoid futures trading.)
http://forums.masterandstudent.com
this is called mark to market profit/loss and credited/debited to account holder.|||E.g., your margin is 50000, you have bought at 1 lot of 1000 shares of x stock at 100 and today's closing price is 105- your account shows a profit of 5000.(55000).
Suppose tomorrow, the closing price is 99, your account would be -6000 from 55000- =49000.
But actually your loss is -1000 only. Hope this is clear.
(Meanwhile, avoid futures trading.)
http://forums.masterandstudent.com
How does futures trading work?
I understand how the stock market works, but not how futures trading differs in the buying/selling process.|||http://futures.tradingcharts.com/tafm/|||starting out in futures trading.
fundamentals of the futures market.
building winning trading system with trade station.
fundamentals of the futures market.
building winning trading system with trade station.
What is the difference of gold and silver spot price vs. the futures market? Are these two separate markets?
What is comex? Where does the spot price come from? Are these different from gold and silver futures? Does the comex have to hold the physical metal or do the futures have to hold it? Can someone give an explanation of the different markets and terms? Thanks!|||The spot price is the current market price or more succinctly the price of the last trade. Futures are contracts to trade at an agreed upon price in the future and therefore have a value dependent on the probable future price versus that of the contract and are traded as such with the associated speculation of the future price. The difference between the current spot price and the contracted price of the futures contract, the time to maturity and the volatility of the price is used to estimate the probable price at maturity and hence estimate the value of the futures contract. The spot price is for the commodity itself, futures are a derivative product and is a related but separate market.
Comex is the Commodity Exchange, a division of the New York Mercantile Exchange, they don't hold anything, they just bring buyers and sellers together.|||I think Kitco.com will have your answers.
Comex is the Commodity Exchange, a division of the New York Mercantile Exchange, they don't hold anything, they just bring buyers and sellers together.|||I think Kitco.com will have your answers.
Can Bright Futures Scholarship deny you because of your citizenship status?
My cousin has her social security, and she worked her @ss off in high school and was eligible for bright futures, but she say's they denied her because she is not a citizen. Is this possible?|||Are you talking about the Florida Bright Futures Scholarship? If so, on the FAQ page http://www.floridastudentfinancialaid.or鈥?/a> it does state that "A student must be a Florida resident and a U.S. citizen or eligible non-citizen, as determined by the student's postsecondary institution."
If it's for a different scholarship program, then yes, they can set any requirements that they want to.
If it's for a different scholarship program, then yes, they can set any requirements that they want to.
Saturday, November 19, 2011
How do you enter the qualifying for a futures tournament?
How would I go about entering the qualifying round at a Futures tennis tournament. I know I would need a USTA membership but I have also heard I would need a USTA rating. How would I get one? If I get my membership and rating, is there anything else I would need? Any help would be appreciated.|||You have to definitely sign up to USTA first, then you have to play AT LEAST 10 TOURNAMENTS before you can qualify. This way, you can get a ranking. The more tournaments you play, the better your ranking gets so PLAY! Good Luck! :]|||log onto
http://www.itftennis.com
for more info..this shud REALLY HELP U..
http://www.itftennis.com
for more info..this shud REALLY HELP U..
What looks good in your college application if you want to get a scholarship for bright futures?
I really want to get a scholarship for bright futures scholarship and attend the University of Miami. I am only a freshmen but I want to know all the requirements so i can start early (not like seniors that wait to do community service late because they have bad grades). So should i join any certain clubs? What kind of community service should I do (besides working in a hospital or helping the elderly, my consular said those were not acceptable).
P.S my GPA is a 3.46 is that good ?|||I'm sorry I don't know what to put in your scholarship application, but I know all about participating in clubs, activities and community service.
If you are involved in athletics, try to make it year round (even if this means adding a sport you want to do just for fun), also as a junior and senior you should be involved in NHS (National Honor Society) if grades allow it, also try to become a member of as many clubs as you can and are interested in (if there aren't many clubs at your school or none you are interested in, suggest a new club and ask a teacher you are close to who you think would be willing to sponsor you to help...this would be the best on an application). Make a difference in all the clubs/sports you are in so you can say "I was captain of my track team" or "I was vice president of student council".
In answer to your question what kind of community service should you do, you should do anything that interests you. I often worked at an animal shelter and a food shelter, but there are so many things to do. You can help clean up a park in your area, you can help pass out pamphlets for a non-profit organization, you can organize donation drives of some sort through your church or school.
Finally, a 3.46 is acceptable, it depends on how competitive a college you want to get into. Try to not let it fall over the course of the next few years (especially senior year! colleges WILL take your acceptance away if they feel you slacked off your senior year) and also try to take lots of AP and honors classes.
Hope this helps!
P.S my GPA is a 3.46 is that good ?|||I'm sorry I don't know what to put in your scholarship application, but I know all about participating in clubs, activities and community service.
If you are involved in athletics, try to make it year round (even if this means adding a sport you want to do just for fun), also as a junior and senior you should be involved in NHS (National Honor Society) if grades allow it, also try to become a member of as many clubs as you can and are interested in (if there aren't many clubs at your school or none you are interested in, suggest a new club and ask a teacher you are close to who you think would be willing to sponsor you to help...this would be the best on an application). Make a difference in all the clubs/sports you are in so you can say "I was captain of my track team" or "I was vice president of student council".
In answer to your question what kind of community service should you do, you should do anything that interests you. I often worked at an animal shelter and a food shelter, but there are so many things to do. You can help clean up a park in your area, you can help pass out pamphlets for a non-profit organization, you can organize donation drives of some sort through your church or school.
Finally, a 3.46 is acceptable, it depends on how competitive a college you want to get into. Try to not let it fall over the course of the next few years (especially senior year! colleges WILL take your acceptance away if they feel you slacked off your senior year) and also try to take lots of AP and honors classes.
Hope this helps!
How do i use a calender spread to profit if i know the spread between two futures is widening/narrowing?
I only know the the spread in prices will widen/narrow and i have no other market information (do not know which way the market is going to move). Is there anyway i can put on a spread to profit from only knowing that the price difference between futures in two different months is going to widen/narrow?|||If you expect the spread to narrow, sell the more expensive future and buy the less expensive future. Your initial credit will be equal to the difference between the two. After the difference decreases (or after you decide your inital expectation was incorrect) close both position.
If you expect the spread to widen, sell the less expensive future and buy the more expensive future. Your initial debit will be equal to the difference between the two. After the difference increases (or after you decide your inital expectation was incorrect) close both position.
If both futures have the same underlying asset but different months, the spread will be a calendar spread.
If you expect the spread to widen, sell the less expensive future and buy the more expensive future. Your initial debit will be equal to the difference between the two. After the difference increases (or after you decide your inital expectation was incorrect) close both position.
If both futures have the same underlying asset but different months, the spread will be a calendar spread.
FUTURES QUESTION PLEASE HELP Where Do You Find Out How Much To Invest Before You Can Invest On Margin?
For Futures contracts where can I find how much you have to invest?
In a certain contract on a certain commodity BEFORE I CAN INVEST ON MARGIN, and then whatever that amount is how much of the commodity can I get. For instance I am making this up but say you can buy for 1800 dollars on margin 5000 bushels of wheat which would be in actual value 13 thousand dollars? WHERE CAN I FIND THIS INFO?|||Your broker should have it or did you try www.cbot.com?
Check this out: http://www.cbot.com/cbot/pub/cont_detail鈥?/a>
Hope that helps.|||talk to your broker...........he will be glad to tell you
In a certain contract on a certain commodity BEFORE I CAN INVEST ON MARGIN, and then whatever that amount is how much of the commodity can I get. For instance I am making this up but say you can buy for 1800 dollars on margin 5000 bushels of wheat which would be in actual value 13 thousand dollars? WHERE CAN I FIND THIS INFO?|||Your broker should have it or did you try www.cbot.com?
Check this out: http://www.cbot.com/cbot/pub/cont_detail鈥?/a>
Hope that helps.|||talk to your broker...........he will be glad to tell you
Of the following statements about futures trading, which one is INCORRECT?
A. There are no specialists on futures exchanges.
B. All futures contracts are eligible for margin trading.
C. Trading is halted for the day if the prices reach the daily limit.
D. The uptick rule applies to the shorting of futures contracts.|||Technically, D is correct, because the Uptick Rule was abolished almost a year ago. It no longer applies, and when it did, it applied to more than just futures contracts. It covered short-selling in general.|||There has never been an uptick rule for futures contracts.
B. All futures contracts are eligible for margin trading.
C. Trading is halted for the day if the prices reach the daily limit.
D. The uptick rule applies to the shorting of futures contracts.|||Technically, D is correct, because the Uptick Rule was abolished almost a year ago. It no longer applies, and when it did, it applied to more than just futures contracts. It covered short-selling in general.|||There has never been an uptick rule for futures contracts.
Report Abuse
What are a couple of good technical indicators to begin following to analyze futures markets?
I have a finance background, but somewhat new to technical analysis. I would appreciate any advice on some good technical indicators that would be useful to analyze futures markets. Also, any recommendations on a user friendly technical anaysis website that would allow filtering by technical indicators would be appreciated. Thanks!|||RSI (Relative Strength Index)
Moving Averages
Volume
Macd
Check out John Murphys "Technical analysis of the Financial Markets" for an excellent introduction to technical analysis.|||Hey mike,
I wanted to share something with you that I've been a part of since December 2009. (Yes, I'm a very happy paying customer...)
It's called, Money Tradinig System, and simply put, it's one of the coolest (and most unique), projects I've ever seen... This guy is amazing at trading options just like the pro's trade,
He also has an technical indicator call market (MDA) we use it for turning points in the futures market, mainly S%26amp;P.
some of the strategies I have learnt will blow your mind, I spent thousands with other big trading programs and loads of my time trying to find the right trading method that bring in a income trading and this is byfar the best..
you just have to check out his free video's
get them here at this link
my best|||I just find a valuable information that might help you in business .You Can Produce Even BETTER
Results Without Even Looking At Your Trading Platform!
Check this out
Moving Averages
Volume
Macd
Check out John Murphys "Technical analysis of the Financial Markets" for an excellent introduction to technical analysis.|||Hey mike,
I wanted to share something with you that I've been a part of since December 2009. (Yes, I'm a very happy paying customer...)
It's called, Money Tradinig System, and simply put, it's one of the coolest (and most unique), projects I've ever seen... This guy is amazing at trading options just like the pro's trade,
He also has an technical indicator call market (MDA) we use it for turning points in the futures market, mainly S%26amp;P.
some of the strategies I have learnt will blow your mind, I spent thousands with other big trading programs and loads of my time trying to find the right trading method that bring in a income trading and this is byfar the best..
you just have to check out his free video's
get them here at this link
my best|||I just find a valuable information that might help you in business .You Can Produce Even BETTER
Results Without Even Looking At Your Trading Platform!
Check this out
How does a ban on short-selling affect the futures market?
For example, if you are short-selling a security, how does the implementation of a ban affect the futures market in terms of that same security? Does it affect the price, or the appeal of a futures contract?|||There is no current ban on short selling in any US market.
The US GOV/ SEC will not ban short selling. They may change the rules, enforce existing rules, but not ban it.
edit per emailed Q:
The question is hypothetical then? If so, I would argue that if short selling of listed securities was prohibited, and one could still short S%26amp;P cash futures, that the impact of stocks could still be affected.
If one can also just buy options and convert those into short positions that can still create short positions in stocks.
If short selling was banned on every market in the world collectively, then we would be creating an artificially controlled market, and thus no longer have a free market.
The US GOV/ SEC will not ban short selling. They may change the rules, enforce existing rules, but not ban it.
edit per emailed Q:
The question is hypothetical then? If so, I would argue that if short selling of listed securities was prohibited, and one could still short S%26amp;P cash futures, that the impact of stocks could still be affected.
If one can also just buy options and convert those into short positions that can still create short positions in stocks.
If short selling was banned on every market in the world collectively, then we would be creating an artificially controlled market, and thus no longer have a free market.
How are futures/options standardized with amount but stocks arent?
I heard that exchange-traded derivatives like Futures and Options are traded with a set number in each contract, meaning every options or future contract, you can buy a quantity of 100, no more and no less.
How come stocks and bonds are not the same way? How come there is no pre-set limit to how many you can buy once entering a contract?
PLEASE HELP!!!|||Yes, you have to buy in sets of 100. I don't know why.
Stocks are shares of ownership of the company. Value could change.
Bonds are IOUs issued by the company to investors. Each bond agreements sets a fixed interest rate with no chance of change. But since bond rates for new bonds have different interest rates, you can sell your bond to someone else if your interest rate.
How come stocks and bonds are not the same way? How come there is no pre-set limit to how many you can buy once entering a contract?
PLEASE HELP!!!|||Yes, you have to buy in sets of 100. I don't know why.
Stocks are shares of ownership of the company. Value could change.
Bonds are IOUs issued by the company to investors. Each bond agreements sets a fixed interest rate with no chance of change. But since bond rates for new bonds have different interest rates, you can sell your bond to someone else if your interest rate.
Does anyone know of a subscription specifically to the e-mini futures indices?
I already have a real time data feed through my broker so i dont need a full data feed. I only need the futures indices to use as market internals. Most datafeed subscriptions have the futures as an ad on service. I can't seem to find one that is only a futures real time data feed. Thanks in advance!|||Try Wizetrade. They have a system for mini futures. Also an internet show if you are signed up for Wizetrade
Can anyone explain how interest rate futures work?
I need to know the different hedging techniques for an exam but can't get my head around futures. Does anyone know a simple way to understand them?|||Easy .. as every kid knows, 'sweeties today' is worth MORE than 'sweeties tomorrow' ... and 'sweeties tomorrow' is worth more than 'sweeties next month' ... and 'next months sweeties' are worth more that 'next years' ...
'Futures' is simply a way of putting value on that difference ...|||A futures contract is where you agree to buy a specified financial asset at a specified price at a future date. And this can be affected by underlying items in your case interest rates.
For example, borrowers face the risk of interest rates rising. Futures use the inverse relationship between interest rates and bond prices to hedge against the risk of rising interest rates. A borrower will enter to sell a future today. Then if interest rates rise in the future, the value of the future will fall (as it is linked to the underlying asset, bond prices), and hence a profit can be made when closing out of the future (i.e buying the future).
hope that makes sense, financaial instruments are so complicated!!
'Futures' is simply a way of putting value on that difference ...|||A futures contract is where you agree to buy a specified financial asset at a specified price at a future date. And this can be affected by underlying items in your case interest rates.
For example, borrowers face the risk of interest rates rising. Futures use the inverse relationship between interest rates and bond prices to hedge against the risk of rising interest rates. A borrower will enter to sell a future today. Then if interest rates rise in the future, the value of the future will fall (as it is linked to the underlying asset, bond prices), and hence a profit can be made when closing out of the future (i.e buying the future).
hope that makes sense, financaial instruments are so complicated!!
How do I keep my Bright Futures?
I have a Bright Futures scolarship and I think I might get a D in one of my classes. Right now my GPA is a 3.0. What are the requirements for keeping my scholarship? And if I decide to switch from my university to a community college will I still keep my schalorship?|||The eligibility requirements to renew a Bright Futures Scholarship depend on the level of scholarship that you are receiving.
If you are a Florida Academic Scholar, you must maintain an overall GPA of 3.0 to be renewed for the following year.
If you are a Florida Medallion Scholar, you must maintain an overall GPA of 2.75 to be renewed.
A Florida Academic Scholar who does not maintain the required 3.0 GPA is automatically renewed as a Florida Medallion Scholar if their cumulative GPA falls between 2.75 and 2.99. As you are probably aware, this is a lower level of scholarship support, which pays only 75% of tuition and allowable fees each year.
No matter what type of Bright Futures scholarship a student receives - if their cumulative GPA falls below 2.75, their scholarship will be suspended. Those students have ONE opportunity to re-qualify, if they can improve their GPA to the program minimums.
Here's one piece of good news: Summer grades can be used to meet the scholarship requirements. A student can ask the financial aid officers at his/her school to submit a grade update to the Bright Futures scholarship. If your cumulative GPA falls below 3.0, and you want to maintain your Florida Academic Scholars support, you may want to attend summer school courses, in order to regain your eligibility for 100% aid for next year.
The other option is to drop to Medallion level, where you would still receive 100% of tuition and fees for any community college, however the Medallion scholarship does not include the $375 annual award for "college-related expenses".
I hope that helped. Good luck to you.
If you are a Florida Academic Scholar, you must maintain an overall GPA of 3.0 to be renewed for the following year.
If you are a Florida Medallion Scholar, you must maintain an overall GPA of 2.75 to be renewed.
A Florida Academic Scholar who does not maintain the required 3.0 GPA is automatically renewed as a Florida Medallion Scholar if their cumulative GPA falls between 2.75 and 2.99. As you are probably aware, this is a lower level of scholarship support, which pays only 75% of tuition and allowable fees each year.
No matter what type of Bright Futures scholarship a student receives - if their cumulative GPA falls below 2.75, their scholarship will be suspended. Those students have ONE opportunity to re-qualify, if they can improve their GPA to the program minimums.
Here's one piece of good news: Summer grades can be used to meet the scholarship requirements. A student can ask the financial aid officers at his/her school to submit a grade update to the Bright Futures scholarship. If your cumulative GPA falls below 3.0, and you want to maintain your Florida Academic Scholars support, you may want to attend summer school courses, in order to regain your eligibility for 100% aid for next year.
The other option is to drop to Medallion level, where you would still receive 100% of tuition and fees for any community college, however the Medallion scholarship does not include the $375 annual award for "college-related expenses".
I hope that helped. Good luck to you.
What is the best way to learn how to trade options on soybean futures?
I would like to learn on my own. Are there any free sites or good books that would include the ticker symbols so that I can virtual trade them for practice? Also, I am level four in trading options in my IRA account. Can options on futures be traded in an IRA account? Thanks!|||Hi,
I am a retired futures trader. The best way is to move to Chicago and get a job in one the the trading pits and learn the basics from the ground up. Trying to learn this stuff from a book is almost impossible and yes there are a plethora of books out there, but the trading pit is the best way.
Go to Amazon, enter "futures trading" and select a book. Most of the stories you hear about some individual making millions are guys who got lucky, bet against the trend and made millions. Then, they will sell you a book on how they did it. Problem is it won't work and you will be out. They made a lucky guess. Doesn't tell about the thousands that lost their shirts and pants in this zero-sum game.
Kindest Personal Regards,
Walt Brown
Site Build It Certified Webmaster
capecod1@capecod-beaches.com|||WWW.CBOT.COM
I don't know if they sponsor a simulator or not (CBOE does), but you should learn as much as you can from that website.
The futures market is brutally efficient at relieving rookie traders of their capital.
You should know everything about the contracts, the margin requirements, as well as the principles of APT, futures pricing theory, as well as the common cash-and-carry strategies etc..
If you don't know what I'm referring to, just give your money away to charity because tuition is expensive in that game.
Read up, try to simulate a portfolio for at least 6 months.
Also, when there is real money on the line your sleep pattern will probably change, as well as the color of your hair.
Many have tried and washed out of that livelihood at great expense.
Good Luck!|||http://www.cbot.com/
Look under the category, "Education" then select , "publications" Keep in mind the CBOT is where grains are traded. Corn, Wheat, Soy Beans etc..
Best wishes|||Learning how to trade is easy. Learning how to make money after commissions is what's difficult. Do you think you are better able to calculate the future prices of soybeans than a professional trader?
I am a retired futures trader. The best way is to move to Chicago and get a job in one the the trading pits and learn the basics from the ground up. Trying to learn this stuff from a book is almost impossible and yes there are a plethora of books out there, but the trading pit is the best way.
Go to Amazon, enter "futures trading" and select a book. Most of the stories you hear about some individual making millions are guys who got lucky, bet against the trend and made millions. Then, they will sell you a book on how they did it. Problem is it won't work and you will be out. They made a lucky guess. Doesn't tell about the thousands that lost their shirts and pants in this zero-sum game.
Kindest Personal Regards,
Walt Brown
Site Build It Certified Webmaster
capecod1@capecod-beaches.com|||WWW.CBOT.COM
I don't know if they sponsor a simulator or not (CBOE does), but you should learn as much as you can from that website.
The futures market is brutally efficient at relieving rookie traders of their capital.
You should know everything about the contracts, the margin requirements, as well as the principles of APT, futures pricing theory, as well as the common cash-and-carry strategies etc..
If you don't know what I'm referring to, just give your money away to charity because tuition is expensive in that game.
Read up, try to simulate a portfolio for at least 6 months.
Also, when there is real money on the line your sleep pattern will probably change, as well as the color of your hair.
Many have tried and washed out of that livelihood at great expense.
Good Luck!|||http://www.cbot.com/
Look under the category, "Education" then select , "publications" Keep in mind the CBOT is where grains are traded. Corn, Wheat, Soy Beans etc..
Best wishes|||Learning how to trade is easy. Learning how to make money after commissions is what's difficult. Do you think you are better able to calculate the future prices of soybeans than a professional trader?
What happens next after finding out you have recieved money from Bright Futures?
I know that I received the Florida Medallion Scholar scholarship from Bright Futures that give $95.00 per semester hour. The site doesn't tell me if I get a hard copy of this information or a phone number so I can call them about when the money transfers to my tuition.
Basically, I need help.|||Call your financial aid advisor.|||I logged into my Bright Futures account thing, using my PIN. To do so, google bright futures, click the first link, and scroll down to a check mark that says "check your status". Log in. It will take you to all of your information. Find the link that says Demographic and Postsecondary and scroll down after clicking. It should have some drop down messages. Choose your college and I think your good to go. Still, call your financial advisor and make sure thats it
Basically, I need help.|||Call your financial aid advisor.|||I logged into my Bright Futures account thing, using my PIN. To do so, google bright futures, click the first link, and scroll down to a check mark that says "check your status". Log in. It will take you to all of your information. Find the link that says Demographic and Postsecondary and scroll down after clicking. It should have some drop down messages. Choose your college and I think your good to go. Still, call your financial advisor and make sure thats it
How can you explain commodities , futures and the link to farming to a child?
I've tried a lot of websites and books but none of them break it down fully for someone just getting familiar with this. I basically understand the idea of hedging, but I get a bit lost when people talk about spreads and basis and most of all, I don't understand the link between physical commodities and all these bits of paper that are apparently traded on futures exchanges.|||If a corn farmer looked in the paper and seen corn trading at 6$ a bushel and said to himself if only it was november and I had my corn harvested I could sell it and make a profit and be happy, but every year when I sell my corn the price is so low I loose money. Futures give the opportunity to the farmer to sell in Febuary and make a profit. He then would be hedged against the spot price of corn. So when November comes and the spot is 3$ a bushel his 5000 bushel harvest would be down by 15,000$ dam!! but then he would he would buy back his futures contracts that he was allready paid for 15,000$ less meaning he made a profit of 15000(30,000 he originally received-15,000 to close out) The point here to understand as a true hedger he can never loose on the decrease in the price of the commodity whats the catch, he can never gain on an increase in the price. If the price of corn was 9$ a bushel in November he would be up 15,000$ on the spot price but to close out his futures hedge he would have to buy back his contracts for 15,000 more than he originally received. So whats the moral of this story he darn well better be happy with 6$ a bushel.
What is the most liquid futures contract?
Of all the exchange traded futures contracts out there, which is the most liquid?|||Crude oil|||Maybe commodity futures , but I think the most reputed companies in UK should also be a good choice .|||Eurodollars
Are Futures the only way to determine the price of a commodity? Why does it affect the prices globally?
I dont understand why we all depend on futures to see the price of a commodity like say crude which has now touched 147$/barrel.
so in a way its a speculative business where prices are ACTUALLY inflated. Then why are people dealing with futures. People have to suffer i guess because of this turmoil. Isnt there anything else to determine price of commodity. Oil prices have shot up more than double from last yr.....please guide.|||No, actually, prices are usually settled in the "spot" market, which is to say, when a commodity (you are referring to oil here, but it could be rice) is sold to the end user. In this case, say the Saudi oil company is selling it to the US refiner who will eventually sell it to a gas station once it has been "cracked". (Oil comes out of the ground one way, but it has to be refined to different products to fly planes, power cars, heat homes, etc.)
Futures are just a way for oil companies to sell some of the oil they know they will produce next month, next year, two years from now, whenever, into the market right now. In an example, let's say Venezuela thinks the oil price won't stay this high, they will want to sell some of their oil from next year now. Iran did this last year at $100. So did Exxon. So did Norway's state oil company Statoil.
The buyers of these futures contracts are the users, like those refiners. They know they will need the oil, and they know about how much they will need, so when they see a price they want to lock in, they will buy in the futures market, rather than gambling that they will have to pay more in the spot market.
Either party may be wrong in their decision to use the futures market, in which case they will either lose money, or at least make less than they might have.
The other people who deal in the market are financial players. They are always vilified as speculators, and they are speculators, but they should not really be vilified. What if an oil company wanted to sell oil forward and there was not a refiner that wanted to buy? Well, the price would just keep falling unless someone stepped in. What if a refiner wanted to buy forward but there wasn't an oil company that wanted to sell? Well the price would just keep spiking up until someone stepped in. If there are more futures contracts than physical commodity, they just get settled in cash. But if there were no financial buyers, prices would be much more volatile on both the up and down sides, and you could see oil spike to $200 on certain days. (And crash to $100 on others.)
In all, demand is outstripping supply which is why prices have gone up. When the margin of excess supply gets very small, very small increases in demand cause very large moves in price.
I can guarantee that if the US announced that it would engage in significant drilling offshore and in Alaska, oil prices would collapse almost immediately. Even though the oil wouldn't be available for several years, this is what would happen:
Countries with excess oil like Saudi and Iran would know that in several years the price would be much lower because of the additional oil that would be available then. They would want to sell more now at the higher prices while they can. So they would start pumping more, increasing supply immediately. Moreover, the people who are long futures contracts would see that supply coming, and would start selling their futures knowing the supply would bring down the price. The combination of these things would crush the oil price.|||The commodity futures market is a bad deal for consumers bec it replaced long-term stable price supply contracts. It is the cause of the volatility it was intended be dampened by use of the futures market to hedge prices under the uncertainty of the future.
|||Professional Investor's A now BA accurately explains what many have no knowledge of. BTW it has become a form of high-stakes gambling which in the end favors the actual owners of the oil in the ground-ie OPEC,OILCO'S AND NONOPEC PETROSTATES!
|||Blaming "speculators" is nothing but a ruse by the main players to hide the real game. Ask anyone who deals with OPEC esp in the MidEast how pleasant it is dealing with them?
|||When long-term supply agreements are not available ANYMORE, oil consumers dependent on spot prices have to turn to the futures markets to lock in prices into the future. Southwest airlines did this and was successful keeping jet fuel costs below its competitors who face bankruptcy. Many of you do not know the basics or how the futures market of commodities works. The speculators provide liquidity to the futures market and they are being scapegoated by the OPEC cartel and the OILCO OLIGARCHS WHO PLAY GAMES WITH EVERYONE. THE TWO Latter GROUPS HAVE US OVER A BARRREL PROTECTING THEIR OIL HEGEMONY BY OCCCUPYING IRAQ with the US military FOR THEM! WAKE UP OR NOT? YOUR CHOICE! Either way you are getting both ends of the short stick! LOL3x in pain.
Drilling for oil is a short-sighted baloney solution since US oil proved reserves are in decline having started to irreversibly decline after peaking. Of course professional oil investors love it, but it is best to conserve and move onto a new energy infrastructure that makes the US energy system independent of oil imports esp from the problematic mideast!|||futures are just speculative: they do not indicate the true value of a commodity. becuase they fluctuate, the values are not set in stone.
it also has to do with our weak currency: and that may be the primary cause here. if you watch the markets, vs the dollar, usually the euro, oil, and gold/precious metals are up when stocks and the dollar are down.
the potential bailout of fannie/freddy leads to further speculation that the dollar will weaken; thus the chain reaction is oil drives up...there is absolutely no foundation in supply and demand, just the market perception of future supply demand, and that is todays value. the price we pay today is the speculative value of the commity tomorrow or next month...but this is not entirely accurate but it is the price determinate.
what is the true value of a commodity? depends on the amount of time factored as well. today, i think because of our currency issues, gold and industrial metals are undervalued, and oil is overvalued. i also think stocks in general are way undervalued.
really; i dont know. seems like one big speculaiton
so in a way its a speculative business where prices are ACTUALLY inflated. Then why are people dealing with futures. People have to suffer i guess because of this turmoil. Isnt there anything else to determine price of commodity. Oil prices have shot up more than double from last yr.....please guide.|||No, actually, prices are usually settled in the "spot" market, which is to say, when a commodity (you are referring to oil here, but it could be rice) is sold to the end user. In this case, say the Saudi oil company is selling it to the US refiner who will eventually sell it to a gas station once it has been "cracked". (Oil comes out of the ground one way, but it has to be refined to different products to fly planes, power cars, heat homes, etc.)
Futures are just a way for oil companies to sell some of the oil they know they will produce next month, next year, two years from now, whenever, into the market right now. In an example, let's say Venezuela thinks the oil price won't stay this high, they will want to sell some of their oil from next year now. Iran did this last year at $100. So did Exxon. So did Norway's state oil company Statoil.
The buyers of these futures contracts are the users, like those refiners. They know they will need the oil, and they know about how much they will need, so when they see a price they want to lock in, they will buy in the futures market, rather than gambling that they will have to pay more in the spot market.
Either party may be wrong in their decision to use the futures market, in which case they will either lose money, or at least make less than they might have.
The other people who deal in the market are financial players. They are always vilified as speculators, and they are speculators, but they should not really be vilified. What if an oil company wanted to sell oil forward and there was not a refiner that wanted to buy? Well, the price would just keep falling unless someone stepped in. What if a refiner wanted to buy forward but there wasn't an oil company that wanted to sell? Well the price would just keep spiking up until someone stepped in. If there are more futures contracts than physical commodity, they just get settled in cash. But if there were no financial buyers, prices would be much more volatile on both the up and down sides, and you could see oil spike to $200 on certain days. (And crash to $100 on others.)
In all, demand is outstripping supply which is why prices have gone up. When the margin of excess supply gets very small, very small increases in demand cause very large moves in price.
I can guarantee that if the US announced that it would engage in significant drilling offshore and in Alaska, oil prices would collapse almost immediately. Even though the oil wouldn't be available for several years, this is what would happen:
Countries with excess oil like Saudi and Iran would know that in several years the price would be much lower because of the additional oil that would be available then. They would want to sell more now at the higher prices while they can. So they would start pumping more, increasing supply immediately. Moreover, the people who are long futures contracts would see that supply coming, and would start selling their futures knowing the supply would bring down the price. The combination of these things would crush the oil price.|||The commodity futures market is a bad deal for consumers bec it replaced long-term stable price supply contracts. It is the cause of the volatility it was intended be dampened by use of the futures market to hedge prices under the uncertainty of the future.
Report Abuse
|||Professional Investor's A now BA accurately explains what many have no knowledge of. BTW it has become a form of high-stakes gambling which in the end favors the actual owners of the oil in the ground-ie OPEC,OILCO'S AND NONOPEC PETROSTATES!
Report Abuse
|||Blaming "speculators" is nothing but a ruse by the main players to hide the real game. Ask anyone who deals with OPEC esp in the MidEast how pleasant it is dealing with them?
Report Abuse
|||When long-term supply agreements are not available ANYMORE, oil consumers dependent on spot prices have to turn to the futures markets to lock in prices into the future. Southwest airlines did this and was successful keeping jet fuel costs below its competitors who face bankruptcy. Many of you do not know the basics or how the futures market of commodities works. The speculators provide liquidity to the futures market and they are being scapegoated by the OPEC cartel and the OILCO OLIGARCHS WHO PLAY GAMES WITH EVERYONE. THE TWO Latter GROUPS HAVE US OVER A BARRREL PROTECTING THEIR OIL HEGEMONY BY OCCCUPYING IRAQ with the US military FOR THEM! WAKE UP OR NOT? YOUR CHOICE! Either way you are getting both ends of the short stick! LOL3x in pain.
Drilling for oil is a short-sighted baloney solution since US oil proved reserves are in decline having started to irreversibly decline after peaking. Of course professional oil investors love it, but it is best to conserve and move onto a new energy infrastructure that makes the US energy system independent of oil imports esp from the problematic mideast!|||futures are just speculative: they do not indicate the true value of a commodity. becuase they fluctuate, the values are not set in stone.
it also has to do with our weak currency: and that may be the primary cause here. if you watch the markets, vs the dollar, usually the euro, oil, and gold/precious metals are up when stocks and the dollar are down.
the potential bailout of fannie/freddy leads to further speculation that the dollar will weaken; thus the chain reaction is oil drives up...there is absolutely no foundation in supply and demand, just the market perception of future supply demand, and that is todays value. the price we pay today is the speculative value of the commity tomorrow or next month...but this is not entirely accurate but it is the price determinate.
what is the true value of a commodity? depends on the amount of time factored as well. today, i think because of our currency issues, gold and industrial metals are undervalued, and oil is overvalued. i also think stocks in general are way undervalued.
really; i dont know. seems like one big speculaiton
When is the first year futures trading available for US stocks?
When is the first year futures trading available for US stocks?
Does this have any change to stock market's behavior since then?|||google single stock futures - they have been around for about 3-4 years - they aren't very liquid though - not many people trade them.
does it affect that stocks behavior? no. options on individual stocks affect the behavior a little more. derivatives on individual stocks during "normal" markets tend to dampen volatility because the speculators use those derivatives instead of using the stock. options and single stock futures market makers will offset the speculators position in derivatives by either buying or shorting the underlying stock.
when the market is in "crisis" however, these derivatives can exacerbate the crisis because the market makers experience a rush of orders, and like-wise must offset that crush by either buying or shorting the underlying - usually pushing the stock further in the direction of the "crisis" or "failure"
Does this have any change to stock market's behavior since then?|||google single stock futures - they have been around for about 3-4 years - they aren't very liquid though - not many people trade them.
does it affect that stocks behavior? no. options on individual stocks affect the behavior a little more. derivatives on individual stocks during "normal" markets tend to dampen volatility because the speculators use those derivatives instead of using the stock. options and single stock futures market makers will offset the speculators position in derivatives by either buying or shorting the underlying stock.
when the market is in "crisis" however, these derivatives can exacerbate the crisis because the market makers experience a rush of orders, and like-wise must offset that crush by either buying or shorting the underlying - usually pushing the stock further in the direction of the "crisis" or "failure"
How to hedge risk with futures contracts?
Suppose that you are a portfolio manager and you expect that some investors of your fund will cash out their investments in the next three months. How would you use S%26amp;P 500 futures to hedge the risk of changing stock prices?|||i would use options instead of futures for better hedge. since you want to hedge changing stock prices, i suppose you already have a long position in stocks. to hedge, i'd buy deep in the money put option that expires in 3 months time. if the stock price falls, i would cash in the put, if stock price rises but still below exercise price, i could still cash in the put, and if stock price rises well above exercise price, i would leave the put unexercised.
if you however insist on using futures, you could sell S%26amp;P 500 futures with a certain ratio (no of stocks bought/no of futures sold) that you can derive from GARCH(1,1) hedge (a modeling of futures and spot prices, conditional hedge ratio=covariance of futures and spot hedge / futures hedge, use MATLAB). if you're not familiar with GARCH (1,1) hedge you could do a naive hedge (selling 1 futures for every stock bought) but of course it's not a good hedge.|||Buy put option for the period and amount|||I would use put options on the relevant stocks (or indices). For example, If I own Ternium S.A. (TX:$35.93), I could buy a put option for Feb 08 for 5.10 (strike $40, sale value $34.9). So, I might lose a dollar or so, but not too much else. I'm sure a similar thing applies for S%26amp;P futures.
The other approach would be to cash out now and move the funds into a short term cash equivalent. Of course, you lose the potential gains if the stock move up in the interim.
if you however insist on using futures, you could sell S%26amp;P 500 futures with a certain ratio (no of stocks bought/no of futures sold) that you can derive from GARCH(1,1) hedge (a modeling of futures and spot prices, conditional hedge ratio=covariance of futures and spot hedge / futures hedge, use MATLAB). if you're not familiar with GARCH (1,1) hedge you could do a naive hedge (selling 1 futures for every stock bought) but of course it's not a good hedge.|||Buy put option for the period and amount|||I would use put options on the relevant stocks (or indices). For example, If I own Ternium S.A. (TX:$35.93), I could buy a put option for Feb 08 for 5.10 (strike $40, sale value $34.9). So, I might lose a dollar or so, but not too much else. I'm sure a similar thing applies for S%26amp;P futures.
The other approach would be to cash out now and move the funds into a short term cash equivalent. Of course, you lose the potential gains if the stock move up in the interim.
How can I check the futures price for an individual stock?
I know the stock indexes have futures prices but what about for an individual stock? Where can I find it?|||You can check this through your futures broker, or at http://www.onechicago.com/
Where do you see futures prices heading for gold and silver commodities, over the next few months?
With the huge stock market drops in recent weeks, as well as overall high stock market volatility, silver futures have taken a HUGE hit, and Gold dropped a little bit as well. Does anyone have any opinion/idea on what direction the prices of gold and silver will head in, over the next few months? Thanks!|||Gold and other commodities are probably headed for the upside long-term.
In my opinion, gold and silver took a hit recently because the subprime crisis caused a flight to quality to bonds, not to metals. This is why short-term bond rates have been destroyed.
Longer-term, it looks like interest rates will come down like bullet b says, because the market, and borrowers in the market, desperately need that liquidity, which will lead to inflation and eventually probably prop up gold and silver. I don't think the demand for commodities from countries such as China and India will lighten up for the foreseeable future, either.|||it will go up. interest rates gone down.
In my opinion, gold and silver took a hit recently because the subprime crisis caused a flight to quality to bonds, not to metals. This is why short-term bond rates have been destroyed.
Longer-term, it looks like interest rates will come down like bullet b says, because the market, and borrowers in the market, desperately need that liquidity, which will lead to inflation and eventually probably prop up gold and silver. I don't think the demand for commodities from countries such as China and India will lighten up for the foreseeable future, either.|||it will go up. interest rates gone down.
Can someone please explain to me in details how options and futures work?
Hey guys as the title, states I need help understanding how options and futures work in detail. Please do not give me a 1 or 2 sentence description or a link that describes them. I would like an explanation of what they are, their differences and examples. The best answer in my opinion, will receive best answer. I will not automatically give the first one best answer or anything like that. So please take your time in posting an answer. Thank you.|||You aren't likely to get a good and complete understanding of complex financial Instruments in a forum like this one. It isn't practical. Here's your "in a nut shell" understanding.
If you buy an Option, you have the option to buy or sell a security in the future or immediately (depending on the kind of option) at a preset price. If you sell an option, you have the obligation to sell or buy at the option of the buyer.
Futures are contracts that obligate you to do something with someone at a set price at a particular date in the future.
In both cases, these are derivative financial securities that cost money to trade and may have value in addition to the cost of buying or selling in the future.
If you buy an Option, you have the option to buy or sell a security in the future or immediately (depending on the kind of option) at a preset price. If you sell an option, you have the obligation to sell or buy at the option of the buyer.
Futures are contracts that obligate you to do something with someone at a set price at a particular date in the future.
In both cases, these are derivative financial securities that cost money to trade and may have value in addition to the cost of buying or selling in the future.
Whats the difference between investing in the stock market and futures and options trading?
What is the difference between investing in the stock market and futures and options trading?|||Let's see:
Investing in the stock market means that you are buying an ownership interest in a corporation which provides valuable goods and services. If you invest broadly enough in stock markets, you are betting that global growth will happen during the holding period which accrues to the owners of global corporations.
Trading in futures means that you think that pork bellies are going to go either up or down faster than they would go in the other direction which would cause you to be closed out.
Trading in options means either you are an amateur looking for increased leverage on a directional bet in just about any market anywhere or you have some opinion about volatility which is different from the price of volatility expressed in the option.|||Stocks have ongoing ownership, and futures and options have a set life expectancy / additional leverage with an expiration date after which they become worthless
Investing in the stock market means that you are buying an ownership interest in a corporation which provides valuable goods and services. If you invest broadly enough in stock markets, you are betting that global growth will happen during the holding period which accrues to the owners of global corporations.
Trading in futures means that you think that pork bellies are going to go either up or down faster than they would go in the other direction which would cause you to be closed out.
Trading in options means either you are an amateur looking for increased leverage on a directional bet in just about any market anywhere or you have some opinion about volatility which is different from the price of volatility expressed in the option.|||Stocks have ongoing ownership, and futures and options have a set life expectancy / additional leverage with an expiration date after which they become worthless
Where can I get advices on futures trading commodities?
I want to start as a commodity trader. I need futures and trading recommendations to have stable steps. Where can I get advices on futures trading commodities?|||Everything will get easy with Pit. Pit will take you high in trader floor with valuable advices on futures trading commodities and daytrading recommendations. Get directions from Pit, you will not be wrong!
http://pitguru.com/
|||Commodity trading is a very risky business. Historically 80% of the people that invest in commodities loose money. Of course, that means 20% make a killing.
Successful commodity traders fall into two groups, technical analysts and product specialists.
Technical analysts use mathematical models to analyze trends and movements.
Product specialists are just that. They usually only trade a single type of commodity, which they study exhaustively.
The people that take guesses or respond to the news on TV are fodder for the experts.
|||Be very careful..... the streets are littered by companies that "help" people with futures trading..... they can be a quick way to lose money.
You may want to check out these magazines;
SFO (stocks futures options)
Stocks %26amp; Commodities
I have "free" subscriptions and they're pretty good. But you'll never get "stable" steps.
Once you've started trading.... check out NinjaTrader for entering your orders. You can do standard OCO's, Breakeven Stops %26amp; programamable trailing stops. It will even "inch up" on limit orders if it starts to get away from you........
And always remember: Money Management is more important than picking the "right" trade!|||Learn how the particular contract follows the commodity it belongs to. Open a demo account with some broker.
http://pitguru.com/
|||Commodity trading is a very risky business. Historically 80% of the people that invest in commodities loose money. Of course, that means 20% make a killing.
Successful commodity traders fall into two groups, technical analysts and product specialists.
Technical analysts use mathematical models to analyze trends and movements.
Product specialists are just that. They usually only trade a single type of commodity, which they study exhaustively.
The people that take guesses or respond to the news on TV are fodder for the experts.
|||Be very careful..... the streets are littered by companies that "help" people with futures trading..... they can be a quick way to lose money.
You may want to check out these magazines;
SFO (stocks futures options)
Stocks %26amp; Commodities
I have "free" subscriptions and they're pretty good. But you'll never get "stable" steps.
Once you've started trading.... check out NinjaTrader for entering your orders. You can do standard OCO's, Breakeven Stops %26amp; programamable trailing stops. It will even "inch up" on limit orders if it starts to get away from you........
And always remember: Money Management is more important than picking the "right" trade!|||Learn how the particular contract follows the commodity it belongs to. Open a demo account with some broker.
What is the difference between currency futures & spot price?
Eg if futures price is 46 then what will be the spot price? How it is calculated and where it is traded? I know it is traded on NSE %26amp; MCX. But what about spot price ? When we exchange money at (Western Union) or any Bank is the rate different from those traded at exchange? Or spot price and future price are same. Thanks|||The principle of continuous compounding applies to forward prices. Hence given the forward price,one needs to discount the continuous compounding rate to derive the spot rate.If the prevailing interest rate is 10%, then the continuous compounding rate for 3 months is e^(0.25x0.1).
Normally independent FOREX brokers or bankers need to use the RBI's reference rate + transaction fees(=commissions) to quote the exchange rate on a particular day. Hope this helps.
Normally independent FOREX brokers or bankers need to use the RBI's reference rate + transaction fees(=commissions) to quote the exchange rate on a particular day. Hope this helps.
What is the difference between a futures contract and a swap?
In both cases, whether you're betting on the price of a commodity or on future interest rates, or opting for a stable price or a continuous interest rate to mitigate risk, it really seems like swaps %26amp; futures are functionally the same. What are the differences and why are they regulated so differently? Apparently, swaps are highly deregulated. Thanks a lot|||Tons of differences:
a) Futures contracts are traded on exchanges so there is no counterparty risk (unless you believe the clearinghouse could fail). Swaps have a counterparty so there is counterparty risk.
b) Swaps are individualized contracts and you can do a swap on anything. Futures contracts can only be traded by Americans directly if they are approved by the CFTC (all domestic ones, most big foreign ones).
c) Futures contracts are marked to market daily with margin requirements that can change whenever the exchange or CFTC decides it ought to change. Miss a margin call and you are closed out. Swaps are rarely marked to market (although you can write whatever you want in the contract).
d) Swaps are often longer term than futures contracts. For example, interest rates swaps can easily last 10 years. There is usually not much liquidity in futures contracts beyond the front couple of contracts. When there is liquidity in distant contracts (as with Eurodollars), it's because they are used as hedges to long term swaps (as with Eurodollars and interest rate swaps).
e) Interest rate and currency swaps (which means most swaps) have a series of payments. Each of these payments essentially corresponds to one futures contract. That means that swaps are "packages" of futures contracts.
f) Futures contracts are highly regulated (at least they appear to be) but swaps are unregulated.
g) Joe Bag O'Donuts can trade futures contracts by opening an online account. When I have traded interest rate swaps, there needed to be $50M in an account as the swaps are supposed to be AA credits. (The $50M didn't belong to me, alas)
h) Taxation may be different (but speak to your tax advisor).
i) There is settlement risk with swaps. In FX swaps it's called Herstatt risk. In a swap currencies are exchanged at the beginning of the swap. Many banks delivered currency to Herstatt which was closed in the middle of the day by German regulators prior to Herstatt delivering currency. The delivering banks were just screwed. As FX futures are not deliverable, there is no settlement risk.
j) Swaps on commodities would not usually be deliverable but futures contracts almost always (maybe always) are deliverable. Commodity swaps are largely oil swaps.
The reason they are regulated so much differently is essentially g). There is some limit to how much the gov't wants to regulate AA credits, although after bailing them out for 100's of billions of dollars a reasonable person might think this is ridiculous.
Swaps are used all the time to get around govt regulation. For example, if the futures exchange says that you can only hold 6000 corn futures contracts but you want exposure to 10000 contracts, you can call up someone friendly and work out a swap on the other 4000 contracts. As long as nobody thinks that you are trying to manipulate or corner the market, you're probably fine. The economic reality is that you are just asking someone friendly to buy 4000 futures contracts and hold them for you. In stocks, that would be called "stock parking" and you would go to jail for it. In futures trading it's done all the time. Go figure.|||This is a complicated answer. I posted your question in an investing forum i use. you should get good answers there, check out them out here: http://www.stockniche.com/showthread.php/1272-What-is-the-difference-between-a-futures-contract-and-a-swap?p=1491#post1491
Hope this helps
a) Futures contracts are traded on exchanges so there is no counterparty risk (unless you believe the clearinghouse could fail). Swaps have a counterparty so there is counterparty risk.
b) Swaps are individualized contracts and you can do a swap on anything. Futures contracts can only be traded by Americans directly if they are approved by the CFTC (all domestic ones, most big foreign ones).
c) Futures contracts are marked to market daily with margin requirements that can change whenever the exchange or CFTC decides it ought to change. Miss a margin call and you are closed out. Swaps are rarely marked to market (although you can write whatever you want in the contract).
d) Swaps are often longer term than futures contracts. For example, interest rates swaps can easily last 10 years. There is usually not much liquidity in futures contracts beyond the front couple of contracts. When there is liquidity in distant contracts (as with Eurodollars), it's because they are used as hedges to long term swaps (as with Eurodollars and interest rate swaps).
e) Interest rate and currency swaps (which means most swaps) have a series of payments. Each of these payments essentially corresponds to one futures contract. That means that swaps are "packages" of futures contracts.
f) Futures contracts are highly regulated (at least they appear to be) but swaps are unregulated.
g) Joe Bag O'Donuts can trade futures contracts by opening an online account. When I have traded interest rate swaps, there needed to be $50M in an account as the swaps are supposed to be AA credits. (The $50M didn't belong to me, alas)
h) Taxation may be different (but speak to your tax advisor).
i) There is settlement risk with swaps. In FX swaps it's called Herstatt risk. In a swap currencies are exchanged at the beginning of the swap. Many banks delivered currency to Herstatt which was closed in the middle of the day by German regulators prior to Herstatt delivering currency. The delivering banks were just screwed. As FX futures are not deliverable, there is no settlement risk.
j) Swaps on commodities would not usually be deliverable but futures contracts almost always (maybe always) are deliverable. Commodity swaps are largely oil swaps.
The reason they are regulated so much differently is essentially g). There is some limit to how much the gov't wants to regulate AA credits, although after bailing them out for 100's of billions of dollars a reasonable person might think this is ridiculous.
Swaps are used all the time to get around govt regulation. For example, if the futures exchange says that you can only hold 6000 corn futures contracts but you want exposure to 10000 contracts, you can call up someone friendly and work out a swap on the other 4000 contracts. As long as nobody thinks that you are trying to manipulate or corner the market, you're probably fine. The economic reality is that you are just asking someone friendly to buy 4000 futures contracts and hold them for you. In stocks, that would be called "stock parking" and you would go to jail for it. In futures trading it's done all the time. Go figure.|||This is a complicated answer. I posted your question in an investing forum i use. you should get good answers there, check out them out here: http://www.stockniche.com/showthread.php/1272-What-is-the-difference-between-a-futures-contract-and-a-swap?p=1491#post1491
Hope this helps
Subscribe to:
Comments (Atom)