Search results

One of the best traders I ever saw never graduated high school. Another one of the best traders I ever saw, and my first mentor, graduated Yale.

Price improvement can come at a severe price - especially with fresh entry signals in fast moving markets.

In terms of price data, for a singular flat price instrument, of course it makes the most sense to use consolidated continuous data whenever possible. For INTER market spreads, like US Tens vs. Thirties, I always use consolidated continuous data if it is available. Alternately, for INTRA...

Webinar distributed today. We discuss the idea of having your FCM 24 hour execution desk execute your spread trades for you - in lieu of paying for a third party software platform like TT or CTS or CQG.

What is especially worrisome about Japan is the stagnant / declining population growth. They really should pay couples to have children.

This is obvious, but simplicity is beautiful and this tip works over the long haul. For those of you who use technical analysis, from my experience looking at an instrument in charts with multiple time frames should reduce your entry error rate. It is almost always the longer time frame that...

This is obvious, but simplicity is beautiful and this tip works over the long haul. For those of you who use technical analysis, from my experience looking at an instrument in charts with multiple time frames should reduce your entry error rate. It is almost always the longer time frame that...

Client materials sent out today.

Well, Windows Defender just plain sucks and you need something pretty good these days in terms of anti-virus and external exploitation protection. PC Mag and CNET rate Windows Defender as the worst. I have used Norton for several years but wanted to try Kaspersky given their universally high...

The Kingston 4GB RAM modules were $20 each, The PCI Express USB 3.0 Card for the external HDD was $52, The Seagate 4TB SSHD internal HDD was $180, The Seagate external 4TB BackupPlus drive was $120, Windows 10 Home Edition 64bit was $110, Macrium Reflect Personal License was $70, and I pay $75...

That's essentially what I did with my two 2010 vintage Lenovo S20 ThinkStation workstations. I upgraded internal HDDs and installed external 4TB backup drives. Maxed out at 24GB RAM. Bought W-10 Home Edition for the OS, Kaspersky for security and Macrium Reflect for the back-ups. It has been...

I have never experienced this problem with W-10 Home Edition, and it would make me insane.

Client info sent out today.

I wanted to mention the use of technical analysis with limited or incomplete data. I have a rule that I use with clients where I want at a minimum several months of good, solid, data available before we apply our study and trading model to it. Now some will rightly argue that several months...

Just to add a point to the very good information provided by Maverick. Most producers will hedge production by selling calendar strips - especially in a soft market like the present one. The producer trading desks will simply buy the front to second month calendar spread in order to roll their...

One of the points I recently chatted to a client about was the general propensity for calendar pairs to be somewhat delta directional with the underlying flat price prompt month future. At times, the same can be true for other spread combinations ( like a butterfly for example ) as well - but...

I would like to welcome another new client from California.

I would like to welcome a new client from Europe.

I am ass over alligators busy at the moment, but taking a quick look at the CME maintenance margins for CL intramarkets (should be close to Brent) tells me that something is screwy - especially for a Butterfly with only one month duration between legs. I mean, even with only an 80% margin...

That's not true. All things being equal ( duration between intracommodity legs) STIRS are the only intracommodity spread that I am aware of where the months farther out on the curve margin more than the prompt months. The exchange has an algorithm it's used for years to determine fair...