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  1. bone

    NG margin funkiness at the CME...

    Well, if you look at the last two days of the NG-G19 trading range the increase in margin reflects the increase in price pretty much dead nuts on.
  2. bone

    How legit is options selling?

    The options traders that I saw do really well at prop firms were making markets in options on financially cleared OTC products and then hedging them with analog exchange futures typically. In other words - these were not spaces crowded with ten of thousands of market participants (the OTC Swaps...
  3. bone

    Can MacKenzie Bezos Wreak Havoc on Amazon ? (Forbes)

    https://www.forbes.com/sites/brittainladd/2019/01/13/mackenzies-revenge-can-the-soon-to-be-former-wife-of-jeff-bezos-wreak-havoc-on-amazon/#4451e9a8494b January 13, 2019 By: Brittain Ladd MacKenzie's Revenge: Can The Soon-To-Be Former Wife Of Jeff Bezos Wreak Havoc On Amazon? Jeff Bezos...
  4. bone

    Jeff Bezos, most eligible bachelor

    He won't get married again. Neither will Elon Musk (twice divorced already). Not unless there's a really restrictive and highly biased pre-nup involved and there's school of thought that those can inject a lack of trust in a marriage or even poison it.
  5. bone

    Long Brent Short Crude

    Is your present short CL position you mention underwater at present ? We must be looking at different data. For the past several weeks the Nymex WTI contract has strengthened versus the ICE Brent contract using both consolidated, continuous front month data and the March 2019 contracts.
  6. bone

    Karen the Supertrader speaking at tastytrade ‘s Geeks on Parade

    That's an awful analogy quite frankly. If your friend's malfeasance has a direct and material detriment to your own livelihood and professional reputation you at least publicly distance yourself from him. Tom Sosnoff holds himself out as a trading visionary and an icon. He has a trading...
  7. bone

    Karen the Supertrader speaking at tastytrade ‘s Geeks on Parade

    I take your point completely. But only to a very limited extent. Like you, I was (and am) repulsed that only one or two little minnows were ever convicted in the mortgage fraud debacle. The fact that in 2008 Wall Street political contributions were at their high water mark is no coincidence...
  8. bone

    Karen the Supertrader speaking at tastytrade ‘s Geeks on Parade

    I would be fascinated to know if Tom Sosnoff refutes to this day what Karen Bruton agreed to in Federal Court four months ago. Bruton agreed with the SEC that she engaged in a continuous ongoing pattern to hide trading losses and collect fees fraudulently. The fact of the matter is that the...
  9. bone

    Brief high intensity bodyweight workout at home without equipment

    Well, apparently CF is right up there with professional triathletes and competitive weightlifters in terms of injury rates. I suppose if you're going to do it - know full well that you are going to get hurt at some point in time. The fact that CrossFit gyms are everywhere, mostly independent...
  10. bone

    Karen the Supertrader speaking at tastytrade ‘s Geeks on Parade

    I don't think it's a stretch to assume that Karen's attorney would strongly advise her not to do any public events or interviews. No upside - beaucoup downside. If Bobby goes on kissing her arse - he looks like he's fine enabling theft and regulatory non-compliance. If Karen (or Bobby) even...
  11. bone

    Crude Oil

    The Chinese play the long game, and have been manipulative and highly exploitative for the past three decades - Trump has very little to do with it IMO. Trump called bullshit, and now Apple has called bullshit. Everyone wants to pretend that the status quo is 'just fine'. The Chinese hate...
  12. bone

    Karen the Supertrader speaking at tastytrade ‘s Geeks on Parade

    Ummm, since she's an accountant by trade the SEC apparently doesn't want her to practice any public accounting in the future, either. SEC has notified the North Carolina Board of CPA Examiners. She's been temporarily suspended by the SEC until a public hearing can be held. “Both the...
  13. bone

    2-Year Note Futures Tick to Be Reduced by Half, Effective Jan 13

    It's important that know that the algos are placing bids and orders proportional to the liquidity they see in correlated markets. So if the two year cash treasuries on Brokertec and Cantor Fitzgerald are 1/4 of a 32nd wide, I highly doubt the algos are going to tighten up to an eighth - to do...
  14. bone

    Looking for Historical Tick Data, need accuracy

    If that's the case don't bother with free data. Don't bother with eSignal. Buy high resolution tic data directly from the CME. It's clean and it's accurate. If you're going to put all of that time and effort into your project - it's insane not to spend a very modest amount of money on data...
  15. bone

    2-Year Note Futures Tick to Be Reduced by Half, Effective Jan 13

    They’ll adjust after they get picked off a few times. Or they take their game to the Eurodollars, cash Treasuries, and the Schatz.
  16. bone

    2-Year Note Futures Tick to Be Reduced by Half, Effective Jan 13

    Many traders are going to continue to place bids and offers 1/4 of a 32’nd wide (as is current practice). So it might be 10 bid and 8 offered at an 1/8 but it might be something like 250 bid by 425 offered at a 1/4.
  17. bone

    Karen the Supertrader speaking at tastytrade ‘s Geeks on Parade

    If by "large sums" you mean less than $400,000 total or she's going to jail. CFTC Regulation 4.13(a)(2) specifies that if she manages a pool with greater than 15 clients or manages gross capital contributions received from all investors greater than $400,000 she has to register with NFA...
  18. bone

    How do I get a job at proprietary trading firm?

    [Let me preface this by saying that I am NOT referring to equity stock proprietary trading firms - completely different business model as compared to futures and OTC/cash proprietary trading firms.] Unless you already have some kind of really good trade going... get hired as a programmer with...
  19. bone

    2-Year Note Futures Tick to Be Reduced by Half, Effective Jan 13

    This will likely ruin what was left of the market in the futures. It might benefit the basis traders - but only if they get filled. And therein lies the problem. You aren't going to find locals to buy bids and sell offers (make markets) at such narrow bid-ask spreads. It might also benefit...
  20. bone

    More coal-fired power plants have closed under Trump than in Obama's first term

    True. And look how late HRC was to the universal healthcare party. It wasn't until Bernie was getting serious attention that she started to reverse course and advocate for Universal Healthcare and Student Debt Forgiveness. The real US election fraud and collusion occurred in the Democratic...
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