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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Gersh Avery who wrote (36553)10/13/1999 9:20:00 PM
From: SE  Read Replies (1) of 44573
 
Gersh,

You know, that index trade site looks good. I like the concept and it will allow me to take a couple of small accounts I have and easily trade my system on the SPX. The thing that bothers me though, to some degree, is who takes the other side of these things? I mean how does it work? I know they make money trading the spread as their site states....so what do they do, take the other side through a futures or options position so that you can make your $330, they can make the $330 on their position to pay you, and they come out breakeven on the trade and keep the spread? I mean, how many people are trading their products...things must be thin? And what are the margin requirements, I could not find that anywhere....

....I guess I am still a bit sparse and don't get it....not that I claimed to have gotten beyond being sparse....

-Scott
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