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Sure, if you have for example an IB account you could trade the roll no problem. Having said that, IMO confining your intramarket spread trading activities to the roll has limitations including boredom. There's just such a larger less crowded spread trading universe of opportunity beyond the...

If your life premise and your career are built upon the foundation of false pretenses and lies then some might say Karma bit him especially hard.

Our modeling of trade entry decisions are about curve convexity changes and those drivers always. In fact, we purposely stay well away from prompt months in an effort to mitigate spot delta directionality and the roll wildcard if at all possible - I hammer that home relentlessly.

I can confirm that. Also, it's not necessary to use a trading platform to Sim trade holding timeframes longer than intraday. You can use eSignal or CQG with delayed futures data for swing trade training. My guys don't pay any more than $100 per month for eSignal and it's adequate for clients...

Wow. Just amazing.

They're equal weighted if the duration term between legs is not extreme. When you start constructing intramarket spreads with 1 year of duration and more between legs, then your point starts to become valid - primarily due to convexity shift as much as the native volatility differences.

I disagree - I have many clients using CTS-4 and I have used it. It's OK to leg one calendar against another, and I show my clients how I personally do it to good effect. Thats where my pit trading experience helps.

Marry into some serious money and fuck it all.

Natty, Eurodollars, and Sugar Flys have been doing really really well for the boys. Guys are having a lights out 2017 to date.

We trade CL Condors all the time - but we are holding them for weeks typically not minutes. Daytrading Flys and Condors makes little to no sense. But it's a great swing trade. The margin on a CL Condor would be just a fraction of the flat price initial margin - no reason at all to get flat...

Oh, sure. A classic example would be STIRS vs Treasuries. Cash vs Futures basis trades. Equity Indices. There are literally tens of thousands of opportunities here. It's a great way to trade. No need to hyper focus yourself into a migraine coma on ES and CL for seven hours a day with...

When you say "products" hopefully your data points are for the exchange spreads and not individual product expiry data fed into a synthetic Spread combination. Big difference when you are dealing with expiries beyond the prompt months. Also, keep in mind that a Spread bid/ask will be...

Bloomberg terminal Time & Sales function.

In terms of futures spreads, exchange supported is your best bet. I have some very experienced traders who have decided that most synthetics are not worth the hassle and the Risk Dept dramatics.

Well, in my mind this isn't "hedging" - it's misguided position management for a flat price instrument trade gone bad. Proper and correct Speculative hedged positions (like futures and options and equity and physical cash market spreads and all permutations thereof) are modeled and constructed...

https://www.law360.com/articles/886559/fund-manager-fights-sec-claims-over-death-put-scheme While I appreciate your vigor in declaring this case moot, Lathen has admitted to agreement errors in Court. And surely there will be the issue of commingling personal and investment client (not the old...

Well, you can bet those Survivor Option terms and conditions are going to be revised in a hurry. IMO, since he's registered with FINRA with a Series 7 and a Principals Cert he's going to have tough sledding for commingling HF customer funds and personal funds regardless what his representations...

Agreed. And I've seen sexier trades that didn't require so much capital to put on.

Just my own 2 cents - your methodology is piss poor position management and misguided. YMMV

That's one of the reasons I insist a serious prospective client communicate directly with an existing client using the system during due diligence. I have many clients with very impressive returns but honestly I see spreadsheets and not actual account statements from them. My mission is to get...