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  1. bone

    SpreadProfessor Openings

    Sadly, there are very few people on this board who know what an X-Trader screen looks like. Since you're referring to the one on my website, I wonder if anybody noticed the markets being traded - ICE PJM-W Electricity Swaps versus ICE HHNG Swaps.
  2. bone

    Spread Trading Toolbox

    Examples of some of the advanced modeling and trading tools provided to clients. The charting and statistical correlation models provide a very good baseline system, and the scanner really takes everything to the next level - essentially transforming the trade into the 'gray-box' category...
  3. bone

    SpreadProfessor Openings

    A couple of toolbox examples provided to clients
  4. bone

    Who are the idiots buying bonds for 1% interest?

    That's it ? 10/32 and it's a victory lap ? Big macroeconomic broad sweeping manifesto on rates being too low and you tuck tail and run so soon ? Balls of steel.
  5. bone

    Rude answers spot someone who is doing poorly in life?

    All of these points are perfectly legitimate given that the prerequisite knowledge base is an absolute constant amongst the membership population. Here's the rub - 75% of the posters here on ET have never risked anything more in the markets than a very modest quarterly 401K plan selection...
  6. bone

    Has trading become harder?

    IMO mechanized and automated markets have made things tougher for many traders using technical indicators to take flat price directional risk. Technical indicators by definition are historical references, and the efficiency of automated markets makes many signals short-lived. To compensate...
  7. bone

    Idea to get house prices back up and jumpstart our economy..

    Let's just package these crappy mortgages into securities and sell them off as tranches to institutional clients. Swing and a miss. Timing's off again.
  8. bone

    CME Seat Lease

    It's a simple volume-driven business proposition. And yet another reason why HF trading isn't necessarily the best route. The real problem is that buying or leasing a membership doesn't get you a better message-to-fill ratio threshold from the exchange. Think about that.
  9. bone

    Rude answers spot someone who is doing poorly in life?

    Rude answers can also reveal impatience with incredibly stupid questions. It's bad form, but it is possible that the culpability runs both ways.
  10. bone

    Isn't $50B peanuts for road-building? Why not $2 trillion?

    Building roads is not a great way to improve unemployment - it's a great way to grease the union voting base. People wax poetic about the Roosevelt "New Deal" - well, those were the days you employed 200 guys with shovels, and not 3 union guys running modern grading equipment. BTW, if the...
  11. bone

    Are fixed income futures harder to trade than other types of futures?

    YOR, honestly, just wail on that TuF and be done with it. The slippage on that fly and the convexity mis-match just isn't worth it.
  12. bone

    Are fixed income futures harder to trade than other types of futures?

    Shit, that eighteen month Eurodollar curve is all the way back to where I bought the damn thing early last week.
  13. bone

    Are fixed income futures harder to trade than other types of futures?

    Your tic size is dictated by the Twos, which are of course 'quarter of a 1/32nd'. So, quarter tics. You can write a little file to standardize the tic size across all three instruments (1/4, 1/2, and full 1/32nds all standardized to quarter tics). CQG has a nice price-to-native-currency...
  14. bone

    Playing the Buy on the Bid sell on the ask game

    There are four criteria that have to be met to make this strategy pay off consistently: 1. Has to be a very low volatility market. Think STIR low. If the market consistently trades through the bid or offer then of course the strategy is not viable. 2. You have to be really early in the...
  15. bone

    Natural gas - where is the bottom

    Never to zero. Like onions, Natty has some serious and widescale commercial/industrial demand on an industrial scale. Unlike onions, Natty has a calorie-adjusted BTU cross-over correlation with other fossil fuel hydrocarbons like crude oil, and an important but less obvious correlation...
  16. bone

    Natural gas - where is the bottom

    September 2009 showed a low of 2409 on a continuous, adjusted basis. We get below 3000 in the front month and I'll buy a Vertical Bull Call Spread in the G-11 contract with three or four dollar wide strikes. Personally, I suck at market timing but do well enough at risk/reward to have made...
  17. bone

    Gold - on cusp of massive bearmarket :)

    Deadbroke: Please be advised that I sincerely hope Gold goes down to zero by next week. It won't improve my opinion about Elliot Wave Counts, but I desperately wish for you to declare victory and close this Godforsaken thread. As for me, I have no idea if Gold is going to go up to...
  18. bone

    How to "sit" on a position during a big move

    From a 'bigger' picture perspective, by design I set a profit target and a stop/loss when I enter a trade, and I want to get taken out one way or the other. I've got alot of different spread combinations that I'm monitoring with a scanner at any one point in time, and so I am basically turning...
  19. bone

    Playing the Buy on the Bid sell on the ask game

    1Pro: Sunshine was specifically referring to the RBOB and HO Nymex markets: "I am looking into this strategy , maybe with a wide spread markets like gasoline or heating oil ... " And yes, flipping that market would be quite impossible. The actual order book is stacked with one lots...
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