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  1. bone

    New to DOM reading, some questions and advice please

    Typically you have to anticipate it (like an economic release) and have a resting order well away from the market. And a pair of stones.
  2. bone

    Traded MES Yesterday

    Ummmm... No, it has ZERO probability to go “uncorrelated” in any meaningful way for any meaningful period of time. If it did - the known WORLD would be spreading 10 lot MES versus 1 lot ES because that’s free money. Any dislocations would be for fractions of a second or would be due to...
  3. bone

    Turned off Futures

    I think you are most wise in that you honor and respect your trading “comfort” zone. That is very mature insight that will serve you well.
  4. bone

    Turned off Futures

    I’m really confused, because in another post you confessed to using a different (and new for you) strategy: But in any event I think it wise to stay with a comfortable trade if it’s profitable. I wish you good fortune! Postscript: I’ve met many traders who traded futures intraday using...
  5. bone

    China’s biggest chip maker, SMIC, to withdraw from New York Stock Exchange as trade spat with US spi

    China’s Ministry of Science & Technology controls the Company anyway. It’s fascinating to me that the Chinese Communist Party will fund and control a Company - steal IP to grow the Company, but use the US Court System to sue its competitors (in lieu of using the WTO).
  6. bone

    Traded MES Yesterday

    Good trade position management rules are what usually makes or breaks a trader. The irony is that a trader spends 95 percent of his energy and effort on trade entry and typically approaches trade management as an afterthought. And it typically is the “afterthought” which sinks his trading...
  7. bone

    Crude Oil

    Quite unexpected, second straight crude supply stockpile build in today's EIA report - WTI taking it on the chin throughout the curve. Nice rally in the Gasoline Crack as distillates not hit as hard as CL and I would expect the Gasoline Crack to get a bit stronger short term.
  8. bone

    Trouble Choosing Between Futures and Options

    And that is just fine. I kept my full time day job as a Nuclear Engineer and traded the evening CBoT Pit session and night Project A and Globex electronic sessions. And I carried futures spread positions for days and sometimes weeks. This is just my own opinion, enforced by working with over...
  9. bone

    Trouble Choosing Between Futures and Options

    Are you a full time, dedicated professional trader ? I ask for a constructive reason.
  10. bone

    Trouble Choosing Between Futures and Options

    Either way you are going to require a trading system with a durable edge and exceptional position management. Personally I think you’re asking the wrong question - which instrument provides the best returns over a protracted period of time? Which instrument makes you more comfortable holding...
  11. bone

    Crude Oil

    Every serious Crude Trader I know in Houston uses Platt’s. You pay $1800 per month for a Bloomberg terminal?
  12. bone

    New NAFTA without Canada?

    Neither would the US Congress. Trudeau has plenty of problems himself. S.C. Lavalin. Shitting on Female cabinet members.
  13. bone

    Crude Oil

    Where do you get your news ?
  14. bone

    Crude Oil

    To an experienced professional trader with a quantitative trading acumen that is enormously useful. It's what we look for. Live for it. A couple hundred traders have hired me to teach them this stuff, in fact. Instead of blindly criticizing me - maybe try to understand the gifts I have just...
  15. bone

    Crude Oil

    And if you are very adept at inter market correlations and cointegration - you trade off of that knowledge. For example, there was a space of about 24 months where the CL futures contract and 6E futures contract moved, quite literally, tic for tic. I remember a space of about five years where...
  16. bone

    Crude Oil

    Everybody knows that, and it's not terribly useful in terms of making money trading. But if you have a WebICE feed and can see the Crude Block Trades and the cleared Swaps trade ahead of the CME Nymex futures - that's useful.
  17. bone

    Crude Oil

    Yep. Glad to see that someone gets the concept. There is hope.
  18. bone

    Crude Oil

    That chart I posted above makes my post look great. Truly, you don't know what I am talking about when it comes to inter market lead-lag correlation relationships. I wish you the very best.
  19. bone

    Crude Oil

    Yes, and throughout this entire thread I have clearly been referring to the broad market equity index in my own posts. It was RedSun who made the inane observation that an energy index will lead the Crude Oil future. ANYBODY who trades knows that the Crude Oil future will lead an energy index...
  20. bone

    Crude Oil

    LOL. :D May 13, 2019:
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