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Shale Oil overcomes Snake Oil (the Peak Oil conspiracy pushers) :D

Thrilling news for Russia and OPEC !

Patrick Rooney got it right. There are some other markets that can get very thin as well. Cotton and Unleaded Gasoline come to mind.

I've never really found any publicly disseminated or private subscription data that has given me a legit repeatable "jump" on price action in terms of being an independent speculator. That's my experience, YMMV. For myself, I find that the last price print reflects all of the distilled...

Note how these forward curve combinations (away from the prompt months) tend to hold a trend to greater degree and exhibit less volatility and choppiness as compared to the flat price prompt month futures contract.

HDD and CDD swaps are a great intermarket analog.

Since I no longer have somebody paying for a Bloomberg, I get daily Platt's data. For swing trading purposes, I strictly rely upon price.

No, the opposite is true. The prompt months are strictly about spec orders flows and from a commercial aspect VERY near term demand requirements. In fact, prompt month commercial demand for physical delivery typically drives the bilateral OTC Swap market first. Back month curve configuration...

Just a nudge here. There is a general assumption to some traders that ICE contracts are largely an analog to the Nymex contracts. With Spread Trading, that is not necessarily the case. With some regularity (not uncommon) we find intramarket spread trade entry opportunities in, for example...

I started my trading career as an independent local in the early 90's scalping 30 year Treasury Bonds in the CBOT pit. Several months into things, I found myself buying three or four rounds of drinks for a table of floor brokers at the Ceres restaurant in the lobby. To a man, after sufficient...

I was PM'd a question about forward curve open interest and "tradeability". Look at the exchange settlements and the individual expiry OI. If there is more than several thousand OI listed for and expiry, you can assume that there will be an exchange spread market for a spread combination that...

How is he not under indictment ? Care to file a complaint :caution:

I wrote the YouTube press department about this thread: "There is an ongoing thread on the website EliteTrader about this YouTube channel, and why does YouTube continue to host a channel that fraudulently sells commodity trading systems that the government has identified as a swindle ? (formal...

In terms of my own clients, your post is rendered moot by previous post on this page, which you conveniently chose to ignore. For my own clients I have endeavored to engineer as much subjectivity as practical out of the trading system. We have established rules and protocols which are scripted...

Having been an institutional trader earlier in my career ( commercial energy ), generally speaking their trading desks don't waste time and resources "picking off" small lot orders. In fact, for the most part their trade holding time frames and trade origination purposes are not necessarily...

If you have a hard stop limit order (stop-loss) then volatility is already accounted for. Personally speaking, from my experience any measurement of volatility is a lagging indicator, and markets undergoing extreme volatility swings are no place for real-time observations to then react and do...

Honestly, you're asking the wrong crowd. And yes, you can lose money on bonds. A lot of it.

Well, semantics aside, having your trading system stop you out of a trade is part of ANY successful trading system. Good traders that by any metric are successful take losers all the time. Like a boss. Stone cold.

Become very adept at statistical modeling and machine learning. Learn to use packages like S plus and MatLab. Maybe get a job as an analyst and grow into it from there ?

That is a true fact. There is "edge" in legitimate, sound trade management. Wanna know why there's edge ? Because a milk toast "coin flip" trade entry can become profitable with a robust, well designed trade management system. And by definition that is EDGE.