It seems like futures traders have been waiting forever for a Fed rate hike.

They call him Slim, a nickname based off his trading floor badge acronym "SLM" that he wore in 1974 after purchasing a CBOE membership seat for $35,000. Steve Miller has spent the last 40 years trading futures, stocks and options both on and off the Chicago trading floors. After 10 years trading on the CBOE floor he moved next door to trade futures becoming a member of the Chicago Board of Trade in 1981. He expanded his trading experience and skills by trading corn, soybeans, 30-year bonds and bond options on the floor. The following year Slim began trading S&P futures contracts after their launch in April 1982.

Strong dollar creates powerful commodity market trends

These days financial markets are more inter-connected than ever. Many active equity traders keep an eye on the big moving energy stocks. But, if you are an individual trader trading say energy stocks, it is almost imperative to keep an eye on the U.S. dollar.

Have you ever felt like your futures broker is trying to get you to trade more?