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The biggest and best trades on the floor were lifting limit orders through news (just saying). One of the bets option traders I ever saw worked the Eurodollar option pit. If you saw him on the street, you would think he was homeless. He once made $100 million in one day. Next day he walked in...

Will Rodgers never gets old.

Every commodity trader I know hopes that the 22nd amendment is overturned and Biden stays in office forever.

When you take a simple position (long) and add trades that were never part of ur original plan, making it unnecessarily complicated because of an unwillingness to take a loss, my trader friends call that 'making a salad'. And unmaking a salad is much harder than making one.

My family and friends have no idea whether I had a good or a bad day. Daily results are irrelevant to me. The only times I feel good about myself is when I develop a new trade or discover a new angle in an established trade (And the feeling doesn't last long haha).

76 Million barrels will fill up in 3 days.

Supposedly the Eccles building has a huge basement.

We all know that the Russians and the House of Saud are the world's premier capitalists.

Everybody gets what they want out of the market - Ed Seykota

If ur making 4%/day, you don't need backers. lol Just let it compound for a few months.

What do you do with the $1K you make every day? And why don't you use it to grow ur account and make some real money?

I'm sure David Geffen is petrified while cruising on his yacht.

Having zero losses is far from a profit maximizing strategy. It simply means you are not taking many trades with a positive expectation. For poker players out there...if you are never caught bluffing, it means you are not bluffing enough. (And if you don't play poker, you will probably...

Just like the Fed cuts rates in bad times and raises rates in good times. Just like the Federal government runs deficits in recessions and surpluses in booms. Once they buy, they will never sell.

Meanwhile the april ED is 9890 which implies a TED spread over 1.10 %.

The casino kicked you out because they thought you were counting cards. It's a common myth that casino can spot card counters. In reality, they have no idea who's counting so they look for dramatic changes in bet sizing and just assume those players are counting. If they knew what you were...

When you have to cut ur ex a big check every month, rain or shine, it kinda lowers ur risk tolerance.

Nope, I'm trading bond spreads 1/10 my usual size and making my usual amount. In 2008 when I was trading ED double flies I traded 1/30 my usual ticket, but was taking 5-10 ticks per trade. Had my best year ever.

Trade smaller and wider.

I feel the real story in the 10 year is the lack of liquidity. Bids/offers are down by a factor between 20-50 depending on the time of day.