hello my fellow traders!

i have a question, or a few questions concerning the commitment of traders report.

  1. why should i look at “futures only” and not “futures and options combined”?

  2. when looking at a COT-report, such as the one found in the pip-school, it says for instance: non-commercial-long-16.847. is that in millions or what?!

  3. english is not my native language and that causes a few problems. for instance, what do they mean with “open interest”?

i hope im not gonna regret starting this thread due to freakin� simple awnsers :stuck_out_tongue: