tuesday fright night, page-16

eman,
that problem is worst on the nite spi because its so illiquid and often so bullish, but I don't think its much of a problem on the futs markets that are open at the same time as the respective cash markets. For that reason amongst others its good to trade around the globe around the clock, eg spi/xjo, ftse/ftse futs, spx or dow/respective futs. On other markets, it not paranoia to think that its a quest to take your money, personally: its simply true. Even your broker can trade against you, and I'm sure does so from time to time, using the private info they have on your position.