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The Bear

Big Dow Contract DD

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it takes time for new products to get accepted by traders, the ES took a couple of years before it gained popularity, but back then was a different story.

 

The internet was still fairly new and still unreliable and electronic trading just started. (oh how I remember those days when the internet would just die in the middle of a trade)

 

Old habits die hard when you're used to pit trading, but waiting for a fill is a killer.

 

Give it time.

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it takes time for new products to get accepted by traders, the ES took a couple of years before it gained popularity, but back then was a different story.

 

The internet was still fairly new and still unreliable and electronic trading just started. (oh how I remember those days when the internet would just die in the middle of a trade)

 

Old habits die hard when you're used to pit trading, but waiting for a fill is a killer.

 

Give it time.

 

Were you pit trading at CBOT?

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no, I started trading back in 1998, so the technology that everyone is used to right now was not the way it is today.

 

You learn really fast to accept the possibility the internet may and will go down back then so when it happens theses days, its no big deal mentally. Just have your emergency exit plan in place, ie your brokers phone number.

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Guest cooter

Look for this one, the $25 DD to get delisted sooner rather than later. Not much volume or interest on it, as the $10 DJ gets the action in the pits, and the $5 YM mini gets the electronic action.

 

You'd think that given all the hype on CNBC about the DOW that more futures traders would take some interest in all of the DOW contracts, but that still isn't the case (the ES at the CME gets the lions share still).

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