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  1. bone

    Stock Index Spread Trading Opportunities

    FTSE is on Liffe and Dax is on Eurex. CAC is on Euronext/Liffe. DJ EuroStoxx 50 is on Eurex. Russell 2000 mini is on ICE. Dow mini is on CBOT/Globex. Nikkei (the good one that trades) is on SGX. I have clients who trade the Kospi. There are a gazillion different ETF index combinations...
  2. bone

    Stock Index Spread Trading Opportunities

    Gabfly: I am simply not smart enough to take flat-price directional risk with one product, but I can do very well with relative value. Most successful spreaders are terrible scalpers. The more common and obvious U.S. equity spreads get arbed to death, you should also be looking at the...
  3. bone

    Stock Index Spread Trading Opportunities

    No, but I have a serious prospect who did that for several years. I have my clients spreading BP vs. Euro, CDN vs. Euro. The biggest thing I get from the Forex market are some very, very good statisitical and fundamental modeling correlations to other products outside of FX. That's all I...
  4. bone

    Stock Index Spread Trading Opportunities

    Steve, you're not just a pretty face.
  5. bone

    Stock Index Spread Trading Opportunities

    When I refer to the term "blended", I mean that the currency-adjusted hedge ratio and the volatility-adjusted hedge ratio are close enough to average. If those ratios are more than let's say a 25% differential, then a choice needs to be made regarding which one to bias. Given the movement...
  6. bone

    Stock Index Spread Trading Opportunities

    Jefferey: You raise a perfectly valid point. Before I release a spread combination to clients, I also test it for intraday statistical fitness. I also want what I determine to be acceptable statistical Z-scores, so that usually brings me into the twelve, eighteen, twenty-four month sampling...
  7. bone

    Stock Index Spread Trading Opportunities

    ES vs. YM; traded 1:1 (blended currency and volatility) with a 2 year correlation of +99.3% NQ vs. YM; traded 1.5:1 (blended currency and volatility) with a 2 year correlation of +92.7% NQ vs. ES; traded 1.5:1 on a currency-adjusted basis; traded 2:1 on a volatility-adjusted basis with a...
  8. bone

    Stock Index Spread Trading Opportunities

    I just signed a client today who has been a long time ET member, and who will use my strategy to trade equity pairs remotely and clearing Bright. I have a couple more clients who want to move into that space, so it should be interesting. We've been running into hardware limitations - seems...
  9. bone

    SpreadProfessor Openings

    Prospects read the posts from Rolextrader, PPT, and TraderZones. Prospects review my credentials, and independently speak with my current clients who are trading my system. Prospects become clients. That is the beauty of being an ET sponsor.
  10. bone

    Trading education

    Don't get bitter, get better.
  11. bone

    Trading education

    I wish my wife was bi-sexual.
  12. bone

    Trading education

    In terms of the Chicago futures prop trading business model, some firms do train grads they recruit and employ as W-2 status in exchange for a lengthy and restrictive employment contract loaded with intellectual property rights clauses extended well beyond their employment dates. Gambit...
  13. bone

    SpreadProfessor Openings

    Due diligence completed by prospect in the Netherlands, contract executed. Looks like two slots remain to be filled. Anyone seriously interested should email me at http://www.spreadprofessor.com
  14. bone

    SpreadProfessor Openings

    I'm not soliciting funds for investment, nor do I provide buy or sell recommendations. Other than the initial consulting fee, I make no other fees or haircuts. Under those circumstances, it is delusional for anyone to expect a free show in a public space for a trader's clearing firm...
  15. bone

    SpreadProfessor Openings

    That's two of me. My Lasik surgery must have gone terribly wrong. I've been robbed - where are the four TT screens, the four CQG screens, and the four miscellaneous crap screens? There should also be my wife's piano which I'd love to sell or give away or get the hell out of my trading room, a...
  16. bone

    SpreadProfessor Openings

    Ummm... that's not me. I'm into webinars and screen sharing.
  17. bone

    SpreadProfessor Openings

    Another slot filled this morning for a new client in London - due diligence and contract execution completed. Slot pending for a committment in Holland.
  18. bone

    SpreadProfessor Openings

    Two slots filled, one to three slots remain for the current instruction rotation dependent upon the status for the current prospect committment timing.
  19. bone

    USD vs UST correlation

    Another really strong consideration is the highly positive correlation between the Euro, energy, and the major stock indices. This is all about the huge 'carry' trade that China keeps bitching about. The United States is still the largest manufacturer in the world (strange but true fact)...
  20. bone

    Carbon permits, a $3 trillion commodity market by 2020.

    International treaties signed by the USA cannot be unilateral and have to be ratified by Congress - am I correct about that?
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