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March rate hike already priced into the bond and equity markets. Getting away from this artificial QE pumping is a necessary aspect for moving the domestic US away from financially engineered growth and consumption to a more balanced economy which encourages more savings and domestic...

We leg exchange calendars versus exchange calendars in order to make up our butterfly and condor intramarket futures positions. I strongly discourage my clients from legging individual expiries under any circumstance. With respect to the bid/ask spread, and under the conditions that we are...

Google the following: "kidnap ransom Mexico"

1. As was previously mentioned I too on occasion (like when I'm moving shit around) will split open the case and thoroughly blow it out with compressed air. I'll hit the McIntosh tube amps at the same time. Then I'll terrorize the dogs. 2. Bios has nothing to do with it. 3. d08 is correct -...

Look, this is ridiculous. Which is a great reason to take deposits from rich assholes who will be long dead by the time this becomes credible. I'm in! Look at how freaking dangerous it is for nation states with trillion/hundreds of billions invested to attempt to safely get humans to and from...

Replicate Bezos/Branson/Musk business plan. Specifically, shoot some stuff up into the air. Record and post to You-Tube. Pay off some weekend hacks at CNN to talk about it on a slow Saturday morning show. Gin up a private prospectus offering and start taking money.

I personally trade ALOT of the types of spreads you describe. I do not avoid them - on the contrary I am best bid or best offer when I want them. Having said that, it sounds like you are making markets (correct me if I'm wrong, it's an assumption) - if that's the case your dilemma is...

Yeah, all automated spread leggers have to be registered with the exchange, and the orders are tagged by the exchange as "conditional" - which means they will always be at the back of the order queue. Question - sounds like you are possibly at a prop firm. Will they allow you to carry...

Lower lows and lower highs making you look good on your testicular call. Having your targets within the long term channel range very smart. Props. Even if the market reverses and you stop out it is a gutsy call and I commend you for the raft of crap you've been taking over it.

For the record you're sporting a bigger pair than the surf. And TA does work.

Great point and I agree. IMO the longer timeframe modeling and position holding suits the narrative of a MACRO top call more suitably - which is really the difference between our two opinions. And differences are fine and should be respected.

Spreads "generally speaking" do have a much narrower trading range than the flat price analog - absolutely true. But for intramarket spreads the bid/ask size is much greater than flat price, so you can lever them.

I have no idea what he was talking about in that post.

Close enough for discussion purposes. I would have targeted 135-140ish support area from 2011/12. My conversational input is that with such a strong, long standing macro trend IMO it makes sense to give up some trading range in exchange for confirmation. And, my working thesis hasn't worked...

I'm a Spread Trader. But, I would imagine that if someone held a gun to my head and forced me to pick a top in the S&P I would have gotten short around February of 2016 and then puked my guts out around July 2016 - based on Weekly bars. Now, this is just me, but to call a top for a long running...

Volente, my sheep do very well for themselves trading futures spreads. 175 Elite Trader Members and counting. CTA's, Independent Traders, Prop Desk Traders. Serious traders are welcome to independently contact them. Energy and STIRS have been especially good the past several months...

You're going to have to "time" your entry no matter what you do. My only point to all of this (which I tried to explain in earlier posts) was that the R/R profile would be considerably better if you waited for the deep pockets to turn the market and then time your entry to coincide with longs...

You're correct but for possibly different reasons than you opined in your post. Any trade entails risk. If it's designed to profit then it can damn well lose money no matter it is. That's the nature of risk. Also, let it be known that there is no one way to trade any market that's "better"...

There's nothing that I teach that resembles gambling. Also, I do not use options in my trading - I use futures spreads. Like your thread call, I am all for calculated risk and profit and stop targets defined at trade entry (I applaud you for that). I don't think that most generalizations work...

1. I'm pretty much the only guy posting extensively over the years about Spread trading. And that includes specific Spread trade ideas and detailed technical discussion. Extensively. Over many years. 2. I'm a trader, a brutally honest person, and very poor with diplomacy - there are flaws...