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Hello GAT, First, my wife assures me that your book will appear under our Xmas tree this year. I have a question re the mechanics of building a portfolio of stocks. Let's say I have a means to rank N stocks (or in reality any financial time series) from 1-N in terms of relative strength and...

Hi Bone, Over time you've posted a fair amount of spread charts. A good percentage of them are of a weekly time frame. What would lead you to trade a spread on a higher (weekly) time frame, as shown here, versus a daily? The obvious answer is that there's less noise and that you'll get stopped...

Hi Bone, I'm an eSignal user and I can't seem to find such a library of 7009 exchange supported spreads. I fully realize that you're not eSignal support (who themselves couldn't point to it) but I'd appreciate it if you could guide me to where in eSignal I could find the library to whichyou're...

Thanks Bone, A few musings on SIM/paper trading ... I guess when SIM/paper trading you could approach it from the p.o.v. of a) finding and managing lots and lots of trades - kind of practice makes perfect or b) where you're trying to simulate how you'd actually trade where things like account...

Hi Bone, Way back on 6/11/14 you wrote regarding paper/SIM trading "Somehow, I consistently find that even the "skin" guys trading live one lots early in the training and development process do not take nearly as many trades as the paper or SIM clients" Then back on Sep 2 you said "I have come...

Is it easier to tell where the bullet will be 1/4 second after it has left the gun or 10 seconds? As Yogi Berra said "it's tough to make predictions, especially about the future".

Great, you've shown some highs and lows that approximately line up. What are your objective trading rules - entry, stop , exit, etc that make money using this information - not in hindsight?

Hi Bone, Excellent webinar ... thanks for the heads up.

Hi Bone, Would you please translate any one line in this doc for me. For example, line 1 (TYT) with a leg ratio of 5:3. Does this mean that to trade one unit of this spread, long for example, that I'd buy 5 contracts of the 2-yr Notes and sell 3 contracts of the 3-yr Notes? I.e. a total of 8...

Hi Bone, You've mentioned before that one advantage of spreads is the large number of them which gives you many more choices than with pure directional plays. I've seen you write about your use of OI to reduce the number of potential trade candidates. Still, given the large number of possible...

Hi Ralph, Your writings on position sizing (optimal F, etc) naturally assume a, I believe, 100% mechanical trading system. You may have written about this before but if not - what are your thoughts on, and how does one apply the various position sizing algorithms if you're a discretionary...

What's the exit criteria as without that you can't measure of the goodness of the setup.

Hi Bone, You've mentioned before that one advantage of spreads is the large number of them which gives you many more choices than with pure directional plays. I've seen you write about your use of OI to reduce the number of potential trade candidates. Still, given the large number of possible...

Bone, In your posts you've often mentioned that one of the positives of spreads is their lower margin. Have you sometimes found this to be a negative where people with think "great, lower margin now I can trade bigger size" which then comes to bite them when things (inevitably) go against them...

By systems trader I meant someone like Ed Seykota (just an example) where his computer determines the entry, exist, stop and position size for a given market and the system trader dutifully enters the orders. Or maybe lets the computer place the orders with zero human intervention. That's what I...

Bone, If you look back over the years at the really bad ass traders you've known, the Market Wizards that no one has heard of, were the majority of them discretionary or system traders? Regards

The issue is that you don't know what's a good setup til after the fact. Maybe over time you've defined some rules which allow you to rank setups as to their profit potential. Just wondering if Bone has learned anything that has caused him to adjust his method or did he simply observe that if I...

Hi Bone, would you expound on this a bit. Certainly overtrading is not a positive behavior. Have you learned anything that would lead you to be able to better filter out poor spread candidates before entering?

Ask yourself this ... If you were a fund would you invest in you knowing your worth ethic, track record, risk control, etc. Until you can convince people with a verifiable track record o Ask yourself this ... If you were a fund would you invest in you knowing your worth ethic, track record...

Re #3. Yes you can be fired for that. Unless you have certain union protections you can be fired because your boss doesn't like you or because you wore a red shirt to work or for no reason at all just as you can quit for any reason you'd like. There are certain exceptions of course. You can't be...