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Trades I entered the following spreads n 11/24. 2 x FCF7 - LCG7 (charting the spread as 500*FCF7 - 400*LCG7) @ $13,115 with a risk of $1,200/spread. I took already profits today 11/29 of one contract @ $13,725 after the spread opened up nicely with a gap. 8 x LHJ7 - LHG7 also on 11/24...

Trades I got out of my LH-LH spread on Friday at 2.4 after my stop got hit. Hyp. profit is $960 - $180 commission = $780. I also took some profits with 2 contracts out of my US-TY spread today at 5^00. I am still in W-W with a stop now at -19 3/4. Have all a nice weekend, Andy...

Hi Guys, I hope you don't mind when I am posting spread trading related questions I receive from other traders. I know, spread trading is a bit different as outright futures trading, and I think these FAQs are informative for each new spread trader. Happy Thanksgiving... Andy

Hi Andy! Today I received a really bad fill. Is there any way I can check if my fill was legitimate? Andy's repy: All you can do is to check the outrights to see if your fills are in the right range. In any case, let your broker know the moment you think there is something wrong, definitely...

You are right. It is more difficult to trade a smaller account because you have to accept a higher risk. If you trade a $20k account and you are willing to take only up to 4% risk on each trade, you will probably not find many trades. The combination - starting with a small account and being...

Hi Andy! I had a question for you regarding the spread 625*BPH6 – 1250*JYH6. This seasonal spread is discussed at MRCI and it looks like a reasonable trade; however the volume is very low for both contracts. What do you think? I personally would trade the electronic December 05 contracts...

Hi Andy! What markets are you trading and why? I am trading mainly the Chicago markets using CME and CBOT. There are different reasons why I prefer these markets: - Chicago markets are more trader friendly, i. e. if you give a market order in Chicago it has to get filled in a specific...

Trade I entered the following spread: 6 x LHJ7 - LHG7 on 11/13 at 2.0 with a risk of $400 per spread, basis seasonal. My stop is at 1.3 at the moment. I am still in US-TY with 4 contracts (stop at 4^17) and W-W with 1 contract (stop at -35 1/2). Happy trading, Andy

Hi TIA, I have never seen something like that. I have noticed a lot of the margin calculation depend on the clearing firms. For example, whenever you get reduced margin for a 1:2 spread, some clearing firm offer fractionalized spread credits. I am always looking at the exchanges to...

Trade I cashed in 2 of my US-TY spread contracts at 4^22 today (11/10). My stop is now at break even (4^12). My stop for my second contract of my W-W spread is at -40 1/2. Have all a nice weekend, Andy

Hi Guys, I gave you the wrong numbers on the US-TY trade. Because of my aggressive entry and a close stop I did enter 6 contracts with a calculated risk of $375/spread conract. We are close to the Ross Hook and I will try to cash in some money today. I let you know! Andy

Trades I got out of KW-W on 11/08 at 26 1/2 because my time stop go hit. Hyp. loss is -$525 - $90 commission = -$612. Hyp. account is now at $58,612. I am still in US-TY and WZ-WH. Happy trading, Andy

Trades I entered 3 x KWZ6 - WZ6 on 11/01 at 30, risk is $800 (because of volatility in the wheat market), basis is correlation. My time stop got hit yesterday, I will exit today. I let you know. I entered 4 USZ6 - TYZ6 at 4^12 on 11/07, risk is $625 and basis seasonal. My stop is at...

Trades Sorry Guys, I was pretty bussy the last week. Let me try to give you an overview about my spread trades. I got out of my S-S possition on 11/3 at -25. Hyp. profit $1,925 - $300 commission = $1,625. And also out of LC-LC on 11/01 at 4.35. Hyp. profit $ $320 - $240...

Trade 10/26 I did exit my TU-US spread at the same day after the FED announcement. I got out at the close at 93,109. Hyp. profit on the trade is $841 - commission of $60 = $781. I entered 8 x LCG7 - LCM7 on 10/24 at 4.55, risk $300, basis seasonal. I took already profits with 3...

Hi Andy! Do you feel that the Close is more important or just as important as the Open or any other time during the day? I think everything in trading is important. The Open, the Close and also what happens in between. But, if you ask me about spread trading it is quite different...

Hi Guys, I am traveling in Europe at the moment and can not find much time for the journal. To keep the journal alive I will post some FAQ's from time to time. I hope this is ok for you! Happy trading, Andy

Update S-S looks good. TU-US doesn't want to move higher. My stop is now at $93,125. Happy trading, Andy

Trade 10/23 I was lucky today with my skalp trade. Long at 766.4 with a target and stop of 10 ticks. Stop at break even after 8 ticks. http://share.esignal.com/groupcontents.jsp?folder=&picture=ER_1023.png&groupid=707 Happy trading Andy Jordan

Trades 10/19 SF7-SN7: I took profit today at my first target with 3 contracts at -23. LHG7-LHZ6: I got out yesterday at 2.4, because the spread wasn't going my way. Hyp. profit on the LH-LH trade is $900 - $150 commission = $750. Hyp. account at $55.871. Happy trading, Andy