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Added to my RBOB spreads: 1 Jan 08/May 08 @ -0.1860 and 1 Feb 08/Jun 08 @ -0.1620 This makes the current average position: Long 3 Jan 08 / Short 3 May 08 @ -0.1820 Long 3 Feb 08 / Short 3 Jun 08 @ -0.1506 Yesterday was a huge turnaround day in the relationship between Heating...

Experiencing HUGE P&L-swings right now, something I was mentally prepared for. Looks like the RB-spreads can be turning now, we'll see tomorrow. I still am looking to add to positions there.

As of 23:00 CET yesterday I lost IDEALPRO connection. This morning I still don't have anything from IDEAL or IDEALPRO. Status from IB's pages is that all systems are normal. And indeed I'm getting Eurex, Globex, ECBOT etc. Anyone else having problems - I did a half-hearted attempt to check...

Keep on posting, I read the journal and enjoy it! I usually don't have opinions on the trades you're taking, although I was doubtful of your long in Sugar in the downtrend. But stick to what you're doing - good luck and happy trading!

I've changed my mind about how to open on Jan 1st, and have closed all the positions with a small loss. After Jan 1st I'll open positions as I receive entry signals. It is amazing, but even after trading for ten years you still make mistakes. Opening a position mid-trade is certain to...

As if this wasn't enough: Bought 1 Mar 08, Sold 1 Sep 08 CL Crude Oil @ 1.00 Observant readers immediately recognise this as the opposite way of my loss earlier this fall.

I've also opened another RB/HO spread today: Bought 2 Apr 08 RB RBOB Gasoline, Sold 2 Apr 08 HO Heating Oil @ 0.0242 Not too happy with my trade execution here - I hate having to leg in, especially when it's with such volatility as these contracts display.

I've opened a new position today: Bought 1 May 08 RB RBOB Gasoline, Sold 1 May 08 HO Heating Oil @ 0.0660 A lot more action now in December with six more spreads to be opened before Christmas. Let's hope Santa brings some nice presents to disciplined traders this year.

I've taken positions today just to get started - but it's not until January 1st that the calculation of P&L starts. The current positions are: GE Mar 08 Short 4 GE Jun 08 Short 4 GE Sep 08 Long 2 GE Dec 08 Long 4 GE Mar 09 Long 2

During my journey with seasonal spreads, one of the most interesting markets I've come across is the Eurodollar market. I believe this market has incredible profit making opportunities, and although my available time is already limited I have decided to create a journal of my planned...

Last week bloodied my spreads in RB - the early entry was definitely the wrong move. I will add another two contracts on Friday on the Jan/May and another two of Feb/June on Monday. The reason for this is that I hadn't done my money management calculations right, so the position size is now too...

Why on earth don't the US have a rule where the stock failed to deliver is bought in at market at the cost of the broker that fails to deliver?

I got another fill in Gasoline today - the Jan 08 / May 08 - this time at -0.1900. With the contract from Nov 15th this makes the average of -0.1800. So for the record: Long 2 Jan 08, Short 2 May 08 RB RBOB Gasoline @ -0.1800

Closed out the spread in Natural Gas as it fell apart completely. It tanked from the -0.100 to -0.085 area premarket and I had to salvage what profit I could. Sold 2 March 08, Bought 2 January 08 @ -0.130 - CLOSED - PROFIT 0.035 which is 700 usd. Max profit in this spread was as high as...

I also got another Gasoline spread fill early: Bought 1 Jan 08, Sold 1 May 08 RB RBOB Gasoline @ -0.1700 I'm looking to add another contract here.

I just got a fill I did not expect to go in this soon: Bought 2 Feb 08, Sold 2 Jun 08 RB RBOB Gasoline @ -0.1450 I actually had this as a planned entry for Dec 8th, but as I was working with my spread plan today I decided to start bidding at a price I think would be a good entry. So here...

Thanks for that kahai. Today I've exited the New crop/Old crop spread in Wheat. The reason for this is twofold: From the charts I'm somewhat worried that the current wheat is going to get a bounce and outperform the new crop. Also, I discovered that my profit target was wrong: It was...

Your comment on Lean Hogs got me checking out the history, and yes you're right it's hardly ever gone further than seven. It's strange, because I've seen a MRCI chart that's up to date projecting it to go much higher. Anyway, I actually got out of it today anyway and booked a nice profit. No...

Managed to get a somewhat decent fill to exit the crude oil spread, as the price dropped more than three dollars. Sold 2 Sep 08, Bought 2 Mar 08 CL Crude Oil @ -3.5 - CLOSED - LOSS 1.25 which is 2.500.

The words "Microsoft Excel" springs to mind as a good starting point :)