Search results

I am personally unaware of any futures spreads that “revert back to a mean” day after day, week after week, etc. We should all be so lucky. There are no spreads that just statically sit there allowing you to buy bids and sell offers all day every day. That’s just a fantasy that you keep...

And an MBA has been worthless for the past twenty years.

Absolutely. And I don’t think that “good negotiated conditions” has any bearing or consequence on success for swing trading or position trading futures spreads. A retail trader would be much better served swing trading futures spreads.

“Crumbs”? :rolleyes: The biggest traders you’ll likely meet at a prop firm are monster spread traders. Why do you suppose that is? Consistency and leverage are what makes a trader wealthy. So much misunderstanding and downright lack of information on this board...

Nailed it.

Liquidity requires both buyers and sellers.

https://www.ecb.europa.eu/mopo/implement/app/html/index.en.html

The Fed has been buying assets since 2008 - what's wrong with selling some of them? For example, the Fed bought Trillions in mortgages in 2008 - I should hope that they've sold off most of that portfolio. The Fed bought a shit ton of US Treasuries as part of QE and it's other liquidity...

I am very PRO making money legit trading. If you’re consistent at it over a protracted period of time - doesn’t matter if it’s astrology or TA or Time series analysis or discretion. Be it far from me to question or interfere with long term success. If a successful trader hires me to teach him...

Intra Day futures spreads is leaving a ton of money on the table. You’re not exploiting the advantage and you’re needlessly enriching your broker and the exchange. The REAL reason you want to trade futures spreads is because they’re a fantastic swing trade with incredibly cheap overnight...

Wide cross section of client backgrounds. And more than a few are quite successful traders before they hire me. It's been my experience that successful legitimate "discretion" over a protracted period of time is quite rare. Exceedingly so.

One of the better threads that I've seen come out of ET in a very long time. :fistbump::thumbsup: Having worked with a couple hundred clients - I've come to the conclusion that the vast majority of traders have kinda sucky "discretionary" skills. In fact, client performance improves according...

What you think is a bullish or bearish number will likely be at odds with the marketplace. Also, big specs and Commercials will frequently use countervailing order flow after a number to get into and out of monster positions. Point being - what you think is bearish ends up being a buying...

This is the part that had me doubled over with laughter.

An omnibus account helps tremendously (that’s not a “retail” thing). ... if you have to ask :rolleyes: Commercials (Producers and Users) are always heavily involved in futures and OTC contracts for which they can make or take good delivery.

Not the first time that Argentina completely bullocks up economics principles but whatever. We also have lefties spouting on about MMT so there you go.

It's a flippant answer but it's true. More sellers than buyers and without a credible hard news source you won't find out for some time if at all.

You need to be mindful of the messenger. In this case, it's Management Consulting Firms like McKinsey and Boston Consulting Group. Their business model is almost totally reliant upon stealing best practices from one client and selling them at exorbitant prices to another client. This is...

These "speed games" always get arbed down to zero in effect. I personally know a trader who made $1M arbing ICE WTI versus CME Nymex WTI in 2007, and in 2008 he lost money on the trade. And he was located directly across the street from the ICE server farm in Chicago. Firms like Spike and...

Extremely well articulated. Props.