Search results

  1. bone

    SpreadProfessor Clients - Thanks !

    I distributed to clients a white paper I wrote with respect to what I consider to be a minimum acceptable amount of exchange data required in order to take an entry on a particular spread combination. The purpose of this guidance was to establish a minimal baseline of data points and a...
  2. bone

    Tesla home battery for traders

    The problem with batteries as a sole solution, as we have seen from the U. Minn. Engineering study ( re: battery powered cars ), is that they are essentially generating more greenhouse gases to charge them than conventional solutions, and they have a very limited replacement power lifespan and...
  3. bone

    SpreadProfessor Clients - Thanks !

    Tony, Great questions, very constructive and much appreciated. Spread trading is a heavily used strategy by IB's, big prop traders and fund traders. As such, my answers reflect my own experiences - there are literally hundreds of thousands of arbitrage and relative value trading strategies...
  4. bone

    Pope Francis Steps Up Campaign on Climate Change, to Conservatives’ Alarm

    The Pope represents and is the figurehead of the Catholic Church in addition to living his life as much as he can just as Jesus lived his life. Now, the fact of the matter is that the Catholic Church devotes huge resources to helping those who need it the most in some of the most impoverished...
  5. bone

    Trading by just looking at live price, bid/ask prices

    If you had read my post more carefully, I addressed both those questions at least as it related to my own personal experiences in the CBOT 30 yr Bond pit in the early 1990's.
  6. bone

    Pope Francis Steps Up Campaign on Climate Change, to Conservatives’ Alarm

    Why would any progressive give a rip about what the Pope says ? Selective use of religious dogma, which you don't believe in, to serve your own hypocritical interests ? The Pope is also against gay marriage and contraception and abortion ....
  7. bone

    Trading by just looking at live price, bid/ask prices

    This is actually how I learned how to trade - by scalping Bond Futures. The biggest rule for that endeavor was that if the market was 2/32'nds against me - get out, even if it meant hitting a bid or lifting an offer. I would also watch the boards to spy on the cash OTR Treasuries markets trade...
  8. bone

    SpreadProfessor Clients - Thanks !

    The Nat Gas trade previously posted was indeed closed out this week, as it had reached the profit target established at the time of trade entry.
  9. bone

    Natty Calendar Spread

    Profit target was reached this week.
  10. bone

    Trading Strategy

    I have always been amused by speculators who "race" large stacked orders away from the market when the DOM ladder appears unbalanced and biased. "Real" money doesn't cancel a big order when the price uptics towards them, and "real" money will hit a large bid or lift a large offer if the price...
  11. bone

    Tesla home battery for traders

    I think that if we can get past the glamour and cliché of the Tesla brand, there is actually a very crowded and mature field of suppliers in this area already. Yes, Tesla will sell these, but value shoppers not swayed by hype will find plenty of existing, established "plug and play" high...
  12. bone

    Tesla home battery for traders

    Now, I'm a big fan of redneck engineering. Having had several boats - some with trolling motors, and I can tell you first-hand that your typical automotive-sized lead acid or AGM battery will have between 60 to 140 minutes reserve capacity depending upon loads. Quite honestly, a bank of high...
  13. bone

    SpreadProfessor Clients - Thanks !

    I had a client short this spread a couple weeks into March. For this type of scenario ( massive range extension ), our rules call for the use a Fibbo extension as a profit target - which was reached this week.
  14. bone

    Natty Calendar Spread

    I had a client short this spread a couple weeks into March. For this type of scenario ( massive range extension ), our rules call for the use a Fibbo extension as a profit target - which was reached this week.
  15. bone

    RIP Jack Hershey 81 Died on 11/3/2014

    I wish to Jack's family comfort and good memories. While I must admit that I personally never truly understood the meaning of Jack's writings and theories - I was always impressed that he made every effort to participate and share, and he certainly was a gracious person when confronted and...
  16. bone

    Ag trade ideas

    1. The commission is not "round turn"; just for the individual buy and sell component contracts executed in the exchange spread combination. 2. You can leg out of an exchange spread provided that the instruments being closed out are identical. You can also execute calendar spreads and roll...
  17. bone

    Colocating

    X 2
  18. bone

    Tesla home battery for traders

    The average U.S. household uses about 900kWh of electricity per month, according to the U.S. Energy Information Administration. So, the average U.S. household uses on average about 30kWh per day. Not sure that the Tesla 10 kWh or 15 kWh solution is the most viable alternative. IMHO, a nat gas...
  19. bone

    Is there an Autospreader compatible with InteractiveBrokers

    :eek::eek::eek::eek::eek::eek::eek::eek:
Back
Top