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  1. bone

    Software for charting spreads/ synthetics with more than 2 legs ?

    Find a vendor that supplies data for exchange supported spreads. There is GREAT danger and misinformation with respect to charting spread expressions synthetically ( a charted spread expression where each leg is written as the individual month/year code or individual flat price product code )...
  2. bone

    Futures Trading Analysis

    I keep reading posts that in some form of verbiage or another are essentially demanding or expecting certainty. There is no certainty in trading. If you require certainty, get a government job and be done with your life. Seriously.
  3. bone

    SpreadProfessor Clients - Thanks !

    Yes, native or "implied" exchange supported spreads do indeed affect the flat price or outright order book - but the implied pricing orders are typically hidden from the "bid - ask" spread for the outrights unless you have an execution platform that allows for implied pricing to be included...
  4. bone

    SpreadProfessor's Advice for Newbies

    You do NOT need to hire anyone to help you find a trading strategy. You are at a curiosity and developmental stage - do not be vulnerable to hucksters and PM's. The second you post on ET looking for help you are going to be hustled. Spend $75 per month for delayed data and a charting package...
  5. bone

    SpreadProfessor Clients - Thanks !

    I personally swing trade my personal futures account with spread positions. For the record. Same methodologies I show my clients.
  6. bone

    Position Trading - getting comfortable with size?

    Trade the sizing that emotionally allows you to stay with the position, to let that position draw down and work in the market, and to sleep at night. If you have X number of winners in a row, reward yourself with the minimal bump in sizing. Reverse holds trues for consecutive losers.
  7. bone

    SpreadProfessor Clients - Thanks !

    I work with my clients in the present tense. In fact, I have recorded at least a dozen hour-long webinars on the exact topic with respect to mining for intra market positive correlations that appear to hold up over time. Then, the exercise progresses to short term co integration and if that...
  8. bone

    Why are oil prices so low?

    Just replicate whatever John Arnold is thinking.
  9. bone

    SpreadProfessor Clients - Thanks !

    The longest-lasting intra market, "not terribly obvious" lead-lag positively correlated spread relationship that I can recall seeing was the Japanese Yen and the third contract month Eurodollar in the 1990's. Lasted for a few years.
  10. bone

    Futures Trading Analysis

    A successful trading strategy does not have to be complex, nor does a successful trading strategy necessarily have to be a mathematical marvel. I would encourage the young intrepid types to carefully review two theorems: 1. Occam's Razor 2. Chekhov's Gun You do NOT need to hire anyone to...
  11. bone

    Ag trade ideas

    The ICE Softs markets are a really, really good trade. I would encourage anyone to look at the major names and spread combinations. They trend really well and usually hold a trend. If you are a successful trader in another market sector - give it a go. Seriously. I've had several former...
  12. bone

    SpreadProfessor Clients - Thanks !

    Pure unadulterated horseshit. If Barron can find that I have ever posted under another account or pseudonym or IP address than "Bone" in the 13 years that I have been an ET member, then I would encourage Baron to say so publicly here on ET.
  13. bone

    Hedge fund titan slams Warren Buffett

    I would love to see Mr. Buffet prove his point beyond partisan hyperbole and bloviation by announcing that he set aside deferred and capital gains treatment and paid his personal income taxes at the ordinary income rate, just like his personal secretary, in order to set an example for others in...
  14. bone

    SpreadProfessor Clients - Thanks !

    This is my personal opinion, and there are certainly other valid opinions about this out there. "Lead-lag" to me at least is defined as the use of automation or very good manual point-and-click skills to "pick off" one of the products in a highly correlated intra commodity or intra product...
  15. bone

    SpreadProfessor Thoughts on Contracts

    I have been a party to several trading employment contracts throughout my long career, and I wanted to share some thoughts. I am not a lawyer, and would encourage any trader to seek the counsel of a specialized and credentialed employment lawyer ( professionals and IP ) before entering a...
  16. bone

    Quit prop firm after server side technology issues with API cost me my year; advice on non compete

    Agree 100 %. Furthermore, he can prove that the Intellectual Property he utilized at the firm in question is his own Prior Art which might invalidate many of their terms. And he certainly has a valid claim that the firm's own IT infrastructure, ECN and trading platform technical issues harmed...
  17. bone

    UK trader arrested for May 2010 U.S. Stock market flash crash

    That does not seem to make sense to me, no offense meant - "real" bids and offers WANT to get filled. The orders are "real" because they definitely want to get filled at their price of interest. They are going to keep that bid or offer in the order book until it becomes best and gets filled...
  18. bone

    SpreadProfessor Clients - Thanks !

    Clients who are "greener" and have just started to paper trade typically err on the side of being too early with respect to trade entries. More experienced clients who have been paper trading for four to six months will show more patience and allow a trade set-up to more completely show itself...
  19. bone

    What happened to Title Trading?

    Sounds like you better file a lien pronto if you uncover bad news. Get in queue.
  20. bone

    Quit prop firm after server side technology issues with API cost me my year; advice on non compete

    What State does your ex-firm do business in ? My sense is that: 1. You developed your Intellectual Property prior to your latest employment stint, 2. asking for future income is undue consideration, and 3. your contract sounds incredibly burdensome and restrictive. I'm certainly not an...
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