Attention! This article is written strictly for men. The text contains the personal opinion of the author, profanity. Please take the entire text as a joke, fiction. Any matches are random. I decided to bring up this topic, despite the fact that it is forbidden… Read More »Day Trading Futures VS Having a Wife: What is Worse. My long study as a professional. 21+
Starting with the Bretton Woods currency system (1944), the US dollar has been the main international reserve currency, so the quotes of other countries’ currencies are expressed through the US dollar. Types of currency quotes: – Direct quote (fixed amounts of the foreign currency are… Read More »Why Do We Analyze Futures Instead of Forex?
Standardized (according to quality, quantity, delivery time and place) contracts, for the purchase and sale of financial instruments or physical commodities, for future delivery on a regulated commodity futures exchange. Who Trades Futures? Conventionally, traders are divided into two main categories, hedgers and speculators. Hedgers… Read More »What Are Futures?
A condition that describes the ability to execute orders of any size quickly and efficiently without a substantial affect on the price. Liquidity can be described in terms of volume and open interest (abbr. OI). Each unit of volume represents a complete transaction. When one… Read More »Liquidity
During the specified period of the trading session (American, Asian-Pacific, European), the market makers must continuously maintain two-way futures quotes, observing the minimum volume of own orders agreed with the exchange and the spread between bid-ask quotes (widening of spread for periods of increased volatility… Read More »Role and Capabilities of a Market Maker
To understand the capabilities of market makers, one should know the limited market depth available to any participant: 1) Data featuring the nearest (best) placed 10 bid and 10 ask limit orders shows the price and number of contracts (Level 2). 2) Data featuring each… Read More »Capabilities of Market Makers