Search results

Financial Engineering would be optimal - but it might get you stuck longer than you like in an analyst role. It seems like technical degrees are certainly more preferable to general business degrees to firm principles these days. Getting a major in a technical degree and a minor in...

We prefer spread combinations that "behave" themselves. We don't want delta directionality with the prompt month, and we like smooth price action that works well with our indicator package. You have a lot of flexibility with spreads, and this is especially appealing to creative and inquisitive...

I am pleased to announce that one of my clients from Beirut ( the only one ) recently took an account management position with a prominent IB in London. All of these clients were very good before they hired me, but I did convert them over to the religion of spread trading can I get an Amen...

I am pleased to announce that one of my clients from two years ago recently took an energy trading position at a hedge fund in Singapore. Congratulations, James. Also, I am pleased to announce that one of my clients from last year took a trading position with an electricity and fuels...

Oh hell yes. That's the entire premise of the way I personally trade, as well as my client work. The other piece is spread combination construction - it's at least as important as your entry and trade management.

Just to be clear - any very good price-based spread trading model will pick up on fundamental influences in the market such as " seasonality" or weather changes or economic data releases or relative changes in cost-to-carry or basis between product expiries. In the mid-1990's I was a Senior...

Depending upon your chart vendor you may have you may have to make " multiplier" adjustments to your scaling - this is true only for intermarket spreads ( different products same expiry typically). In fact, for intermarket spreads for some charting vendors the "multiplier" is different than the...

I think specialization is imposed due to familiarity, success, and limits imposed by trading firms with a number of traders in the same product space or by floor traders who were physically limited to where they could situate themselves on the trading floor. They were several Treasury pits at...

1. There are some mid-level charting packages like eSignal that can do a decent, functional job at charting spreads. I start my clients out using delayed data, because it is much cheaper, and if you need an instantaneous quote you can always look at your trading platform's order book. 2...

If he was "mentoring" a room as you described ( obviously I am not familiar with this vendor's business model ) and he has a direct influence on the risk and decisions that others are making in a live market then your point is indeed valid.

This from the LA Times : "Why an agency that relies on record-keeping would keep such limited records is a mystery." http://www.latimes.com/opinion/editorials/la-ed-irs-lost-email-20140625-story.html This story has legs, and is not going away any time soon. Also, the IRS agreed to...

"Koskinen has been contributing to Democrats for four decades, starting with a $1000 contribution to Democratic candidate for Colorado Senate candidate Gary Hart in 1979. Koskinen has been a reliable donor over the years, contributing a total of $19,000 to the Democratic National Committee...

Please tell me what FCM is going to let you take flat price directional risk, even with 1 NYSE Liffe Mini Silver contract, for the initial margin amount without any additional capital in an account. Seriously back to you.

Decent Overview: http://kawaller.com/pdf/tedrev.pdf Starting on page 15: http://www.cmegroup.com/trading/interest-rates/files/Eurodollar_Futures_Interest_Rate_Building_Blocks.pdf

I have many clients in Corn butterfly spreads at the moment. Seems like everyone took just about the same position at the same time as confirmed by our recent group webinars. If I was any more specific about that particular position I would get lynched by clients. But, to answer the OP's...

That's a very judgmental and raw statement to make about someone going through cancer treatment regardless of the circumstances. :(

I am pleased to announce that one of my clients from last year took a trading position with an electricity and fuels trading firm in Pennsylvania. Congratulations, August.

Sure, you buy one and sell the other. You can leg them manually ( which requires considerable tradecraft in that you don't want to give up four bid/ask to execute the round turn ) or you could use something like CQG or RTS or TT AutoSpreader to automate the process ). Make sure that the cash...

Are you looking to enter into a true hedged spread trade ( in this case a basis trade cash vs futures ) or is your honest intent to scalp one based upon the movement of the other ?

Unless you are restricted by prop firm rules to be flat at close, there really is no advantage IMHO to trade these spreads at higher frequencies like intraday. They are so friggin cheap to margin overnight ( even inter market combos ) that I have a mix of retail clients with modest trading...