Search results

This is correct. To me CL has more liquidity than ES. I do not care about volume. CL is extremely tight market and it has very active extended hour global trading market. Several of the front month contracts are very active too. I believe CL contract size is smaller too.

Haha, why do you get so emotional? You losing $$ now? :D:D I asked because I was just curious and I do not trade ICE... If you want to prove you are a genius, just not here. You do not make $ by bashing other people :eek:

A dumb question, why do you need that much money to start with? :D

That is fine bud. You the smart genius. Make your own $$ :D:D I take $ from someone's pocket. Being a sharp genius here does not make me rich.

Welcome. Ready for the bumpy ride? up and down. Remember to trade small and have plenty of cash to ride with. You do not have to a genius to make money. There is plenty dumb money out there. But you'll need discipline. And plenty of cash.

How easily can I calendar spread ES and NQ to Sept and December contracts and further? Since stock and stock index are cash, not commodity, calendar spread has no meaning, just interest carry. So there is no market for calendar spread.... This is what I'm talking about. It is missing that...

Let me know of ES overnight trading volume vs. CL overnight trading volume.... Huge day trading volume does not mean it is more liquid...

ES is missing the calendar trading opportunity. So it is only good for outright, or spreading over stock portfolio. This is the main reason I do not trade it much. CL add the calendar dimension. I can easily roll into next few months. I can also trade spreads over many months. Stock index...

Totally wrong. CL is more liquid. It also trades across the globe and better liquidity overnight....

I took profit too early. No sweat. Profit is profit. Use the funds to short CL.

X-trader has an entire screen (matrix) for spread trading. You can set it up for 2nd and 3rd level spreads (butterfly and condor) trading. It also has an Autospreader, which I do not use much. The liquidity is extremely good for CL. NG spreads are good too, but not as good as CL. So you have...

One secret of the spread trading is the financial/physical convergence. Since the CL inventory is at close to historical record, there is no shortage of crude. When the front contract expires, financial contract and the physical crude oil converge. Then you have the front to 2nd contract roll...

I do not know the exact margin amounts since IB does not publish them. But for my margin spread book, I see intra-day margins are about 1/2 of overnight margins....

Commodity spreading is a very common trade. Most of them have seasonality. Natural gas is very typical calendar spread commodity. But crude is a different story. It is a seasonal commodity (summer driving, some winter heating). But the US crude production has been steady and storage does not...

IB has good margins on spread trades. I have no prob with cash and margin accounts.

The Chinese bean auction has min volume. New crop is so far away, have not planted yet.... I took profit at 1462. Look to get in after big report.

At 11 CST. As well as USDA supply/demand.

I remember there is a swap/futures on the last day price of WTI. It is like QM, no physical like CL. The problem is that with CL, we can't trade the last two days of the contracts because of the physical delivery. Remember the contract? Thx.

Anyone? Or never catch the falling knife?

Love or hate the beans....