realistic crude trading size

Realistically in crude what sort of size do you reckon you could get away with buying or selling all at one price. I dont mean the largest size you've seen go through i mean more like realistically what size can you get away with doing.

Nymex has a position limit of 20,000 contracts in any one/all months. I think you should be able to do 500 to 1,000 limit order with no problem.

Not my problem, I just do one contract and I add another one later if price goes my way. So far I had no problems getting a fill

Alex

Some enormous orders go through the NYMEX every once in a while in the order of thousands of contracts, probably from oil companies or physical hedgers of one sort or another.

The volume and open interest on NYMEX crude is phenomenal, I don't think you'll have too many problems getting a fill.

I have often done 100lot clips in nymex crude in the afternoon without more than 1tick slip.

i dont trade energies at the mo' but i know some heavy weights who work for vitoil in geneva. their view is that the order book consists of mostly iceberg orders so you may only see a few 10's in the book but you have no idea what is sitting behind that - what the real liquidity is.

I also know a guy who does algorithmic arbitrage in the oil markets, regularly doing 5% of the daily volume. He doesnt float any bids or offers, but if you posted some size, or swept a few prices to push the outright out of line against the calendars or the delivery curve, he would take all you could eat, literally. I've watched him do a few thousand in the space of half an hour.

[QUOTE=Arbitrageur;410257] He doesnt float any bids or offers,

what do you mean by the above ?

[QUOTE=celtictrader;410973] I mean they are not generally market makers, but market takers