All statistics exclude data on the non-traditional TRAKRS and CME Economic Derivatives products.
Take a look at the year on year growth. It has almost doubled.
DA
day trading
Rep: 39,586
Posts: 6,369
CME Globex Average Daily Volume in Thousands
All statistics exclude data on the non-traditional TRAKRS and CME Economic Derivatives products.
Take a look at the year on year growth. It has almost doubled.
All statistics exclude data on the non-traditional TRAKRS and CME Economic Derivatives products.
Take a look at the year on year growth. It has almost doubled.
SU
super trader
Rep: 0
Posts: 11
This is huge. Either a lot more traders are in the market moving that volume or the players are doubling up their bankrolls.
DA
day trading
Rep: 39,586
Posts: 6,369
Personally I get the feeling that there are more traders in the market now than ever before and it is they that are pumping up the volume and not the established and seasoned traders trading more money.
EL
elite trader
Rep: 110
Posts: 220
I was talking to a realtor the other day and he was saying that with the housing market going down and all the money he has made over the last few years he is switching to day trading. Also he said that a few of his realtor friends were doing the same.
I guess that there might also be people taking out equity loans on the higher house prices and using that to trade with.
I guess that there might also be people taking out equity loans on the higher house prices and using that to trade with.
DA
day trading
Rep: 39,586
Posts: 6,369
I couldn't agree more Elite. Have you taken a look at the CME's newish housing futures. I keep on calling them new but they've been around for at least 6 months now so I don't think that they are really new.
SU
super trader
Rep: 0
Posts: 11
It did not occur to me that higher prices in the housing market would free up more cash for day traders but this makes a lot of logical sense now.
DA
day trading
Rep: 39,586
Posts: 6,369
One of the big dangers is that these people might be frivolously entering the day trading market without the right education and training and give all their money to the markets. Perhaps they view the real estate money as easy money and day trading as an extension of that?
GE
George Soros
Rep: 100
Posts: 104
The United States housing market is still out of control. I am thinking about selling and renting for a few years and then buying back my house later at half the price.