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Is Timmy the President of the United States ?

Is that why you got into so much trouble with your spread trading experience ?

Yes, please answer that question. What serious and truly meaningful spending cuts is the President currently proposing ? "Truly meaningful" being the operative terminology as in will actually make a substantial contribution towards reducing the National Debt.

No, I do not look at fundamentals since I am teaching a trading system that has to benefit a number of clients - many of whom would not be able to correctly interpret how fundamental data will affect price. Hells Bells, I usually think that news will mean one thing to a market and typically the...

Taking small winners and big losers will do that every time, no matter what the strategy is quite frankly. If that has been successful for you, then by all means rock on. I personally would not recommend that approach for a client. Very, very few of my clients use an autospreader that I...

Just to state a fact, the Obama administration could tax the top two percent of wage earners at 100 % of their reported gross adjusted income ( this is from the IRS reported income tier statistics on their website ) and I calculate that it would take about 20 years to pay off the existing...

If he bends over he might lose his balance and fall over the fiscal cliff.

I agree with everything that you say. My point being, smallish speculators should be aware that spread trading is a viable strategy for those with very modest trading account capitalization. Spread trading is also a strategy for the risk-averse among us to consider. I am not saying that spread...

I have personally never found a great deal of actionable intelligence from the COT reports in terms of timing a market per se. Just my two cents. Here is the report link: http://www.cftc.gov/MarketReports/C...wable/cot120412 What strikes me as interesting is the level of disparity in...

I have personally never found a great deal of actionable intelligence from the COT reports in terms of timing a market per se. Just my two cents. Here is the report link: http://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalViewable/cot120412 What strikes me as interesting...

Just a few biased observations: In the E-Mini S&P ( ES ), look at the robust amount of spread trades reported by asset managers and institutions in comparison to the 'small speculator'. Speaks volumes. In the grains ( CBOT ), and in the Nymex natural gas and refined petroleum products...

There is a great deal of truth to this. 20 years ago, a retail trader trying to "scalp" the S&P future over the phone - even with a direct line to an arb clerk with a headset standing next to a floor broker, would have consistently gotten picked off by the local scalpers surrounding that...

You rate Chopper but left out Ronin and DRW as upper bracket prop firms ? ( there are a few more you left out in Chicago alone ) Also, the futures and OTC trading firms will not require employees ( and traders are employees ) to make a deposit typically. Finally, why use a silly 'reality'...

From that Chicago Tribune article: "The change in settlement rules "has caused a rapid, dramatic decrease in trades" for floor traders and "will eventually effectively eliminate the CBOT open outcry market for agricultural futures," according to the lawsuit." Here's the real truth to the...

Yes if the trading range is substantial enough. You don't have to wait for weekly data - try it with a 5 minute chart with ES during an economic release or news and you will see what I mean exactly. Print one chart out for a snapshot, and then let the other one work on-the-fly. The forward...

Yes, they recalculate their values ( and therefore their lines ) on-the-fly as market trading ranges and price scale value areas change. If you print out a hard copy of the chart, and then look at the same study bands at a later period in time, you will see what I mean. I personally would...

With respect to the DME's Oman Crude contract, I have not gone near that thing. They wanted me to enroll in market makers program and I said no way no how not ever. Not without access to the physical market or the swaps. ICAP told me that the Singapore OTC markets are where most of...

Energy is a spreader's market - Natty in particular. Always has been. Huge spread market. Big time commercial interest. It's the easiest way for a commercial with strips on ( Cal 13, Cal 14, etc. etc. ) to roll his position.

I consider WTI vs. Brent more of a pure divergence/convergence type of trade personally. Much like US Tens vs. Eurex Bunds. I'm not saying that it's bad per se, I'm just expressing my viewpoint that it behaves more like a pure directional bet than the way a "spread" is traditionally thought to...