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Every prop firm in Chicago that I know of trades Eurex, and has done so since the later 1990's. Eurex has a substantial Chicago office, and throws some great events on a routine basis in Chicago - for a very good reason.

Having a bit of institutional experience myself, IMHO that's a bit of a fallacy and I would humbly offer up that your typical institutional trader would not be able to simply fade a strong trending market and allow that position to mark against him for a sustained period of time - unless it was...

Yes we definitely trade the ICE energy spreads. I've personally traded that exchange since it's inception in the power markets in the 1990's. If you look at the Brent vs WTI and the GasOil vs Unleaded Gasoline/Heating Oil markets, you will see that while yes they are broadly correlated there...

Just so dead nuts on about all this nonsense. Time to start a third thread by the OP ? Calling for a 2600 top ? Third time's a charm so they say. At some point, the market will truly sell off. Big order flow from long term players will enter the sell side at 2000 and press 1700, not...

Quit putting it off - learn how to correctly spread trade !

Well, speaking about futures exchanges, automated trading systems must be registered with the exchange and the orders those systems submit to the exchange are specially tagged (designated) by the exchange. So futures exchanges themselves are completely aware of what is and what is not human...

Oh, I get it. The real advantage to living on a boat would to enjoy an ocean front living lifestyle without dealing with the real estate costs - indeed the advantages are obvious on the coast of California or many parts of Florida. It would have to be a clime where the harbor didn't ice over...

Yes, all bilateral physical OTC. And btw their biggest intrinsic cost variable is the price of natural gas - in fact, they hedge for it.

Yeah, I kinda checked it out a couple years ago. Turns out that security and infrastructure is a consideration. I priced out a gated community and office space in the financial district. As I recall, after digging deeper there was also something about the tax structure that for my situation...

Avoiding income tax isn't realistic. In terms of US Citizens that trade for a living blended capital gains and living in a Republican State is about as reasonable as you're going to get without risking jail time. FWIW. It stands to reason that even if you're off-shore that with modern...

I am totally guessing at this, but my sense is that he got stuck short equities in the post-election market run-up, and he is giving his unfulfilled (wrong up to this point) premise one last hurrah in proclaiming a bubble - a limp unoriginal and thoroughly cliche parting shot as it were. I'm...

All regulated electronic markets are automated. And that is a simple truth about modern markets and it's not going to change. Exchanges and brokers make money on fills, and automated trading increases fill volume. If it's electronically available there's going to be automation trading it...

Non-Orginal thought: Smarter money sells underperforming sector(s) and buys index as a relative value play. And vice-versa with thousands of permutations thereof. It is perfectly reasonable for a modestly capitalized retail trader to trade in this way. When modeled properly this type of...

Oops.

Dead nuts on.

The problems I've typically seen is that a trader uses and applies T/A inappropriately or has an incorrect understanding of what a particular technical study accomplishes as well as its shortcomings. Used correctly, T/A works as well or better than any other market data analysis and...

These macro market timing calls have such shit risk/reward. Just not worth it IMO. Adding and then widening stops out has transformed the OP's thread into an ongoing hubris arguement in lieu of a rational and objective view of market behavior. That's my take FWIW.

Big gap move down completely nullified with authority ! There's no denying that sell-offs simply have NOT been sustainable for a very, very long time now.

He's not "prop" in that sense of the word - my understanding is that he trades his own account. Goldman isn't a consideration for him unless somehow top tier IB firms are now telecommunicating.