Search results

  1. bone

    making market

    This is quite true. The liquidity takers will almost always make the net change for the day adverse to the liquidity maker's average price for the day. You will also likely have a net position for the day unless you choose to liquidate it before the close for a loss. The price...
  2. bone

    Creating an autospreader

    From my experience with the TT product, you can sometimes get double-filled. I have had some clients comment about fill issues with CQG including "phantom fills". In my personal opinion, the "cancel - replace" functionality in terms of exchange messaging, if that gets slowed down, leads to...
  3. bone

    More evidence that the Obama admin is delusional

    Well, the Fox News pootie-tang crew frothing at the mouth conjures up a few scenarios...
  4. bone

    Louis Dreyfus cotton case

    George Soros tried to sue a group of prominent CME S&P 500 floor locals after Black Monday in '87. Did not work.
  5. bone

    Trading floors

    Having spent considerable time leasing a full membership and trading as an independent local on the floor of the CBOT in the early and mid 1990's, I find the use of the word "Integrity" being used in the same sentence with "trading floor" or "Pit" to be very amusing.
  6. bone

    Does your Back hurt ? What do you do?

    I lost weight, hired a trainer, and started slinging around kettlebells. Strengthening your core and lower back muscles will really, really help. I also decided to spend $500 on a really good chair and shitcan the office supply store chinese crap. The best thing happened several years ago...
  7. bone

    Trading floors

    If you manage to make your way onto a trading floor, be sure to put the bullseye target right on your forehead. Meat on the table. No reason at all to be there in terms of access to order flows.
  8. bone

    Spread Trading Strategies

  9. bone

    Spread Trading Strategies

  10. bone

    Spread Trading Strategies

  11. bone

    Energy Spreads of Interest

    For me, at least, the explanation is due to refinery capacity restraints. Seasonal heating load demand is not the answer, because we have not gotten into any heating loads and weather as of yet, and if Heating Degree Days were to have spiked you would have seen a corresponding spike in the Nat...
  12. bone

    Dealing with Unions

    "Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said. “We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather...
  13. bone

    Energy Spreads of Interest

    Maybe you could see an opportunity to post a chart of interest yourself, perhaps ?
  14. bone

    Energy Spreads of Interest

  15. bone

    Spread Trading Strategies

  16. bone

    Share Bloomberg Terminal Fees

    The last time I personally had a Bloomberg Professional Terminal was in 2008. Bloomberg has a very sophisticated security tracking system in terms of ECN access. The terminal I had used a custom keyboard, and remote login was a very laborious process as I recall. The contract is very long...
  17. bone

    President Obama is to meet labor and progressive leaders to discuss the fiscal cliff

    I am sure that they were discussing spending cuts, because a casual look at IRS statistics on their website would show that you could tax the top 2 % of wage earners at 100 % - that's right, take ALL of it, and it would take decades to pay off the existing debt at current spending levels and...
  18. bone

    Creating an autospreader

    First of all, I am not in any way shape or form a programmer, so please consider my response pure satire born of ignorance. I would guess that the message management and quoting aspect would make building your own "autospreader" a substantial and expensive challenge. The positive thing...
  19. bone

    NOB spread chart

    Yes, the exchange supported spread reverts back to zero for the next day's open, and it is quoted in terms of net change for the day. Exchange Supported NoB Daily: Exchange Supported NoB 60 minute interval: A synthetic NoB expression better showing the longer term trend...
  20. bone

    Passing up successful trades

    I have personally never liked trades that required a great deal of second guessing. If it looks sexy, pull the trigger. If you have to talk yourself into doing it, then "analysis leads to paralysis". The reason that the "personal comfort zone" trades frequently backfire is that you have...
Back
Top