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  1. bone

    the top is in

    If you were less neurotic about the Fed and traded the market in front of you - life would be grand for you. Getting yourself caught up in a negative feedback loop about circumstances for which you have no control over can be really self destructive.
  2. bone

    How to invest in an overvalued market

    Same way people have been investing for the past 85 years. Even with a severe correction long term buy and hold investing pays off. Most certainly since 2008, that's for sure.
  3. bone

    Doomsday is Coming

    The "top is in" threads that have been started since 2008 must number in the several thousands.
  4. bone

    Another Whistleblower Award Issued by CFTC to Individual Exposing Fraudulent Activity

    Ratting wrongdoers out for money is far more effective than any regulatory agency ever could be.
  5. bone

    How to enter spread future trades on Interactive brokers

    I personally tried the IB auto spreader a decade ago and found it terribly lacking. I hope it has improved. Certainly was nowhere on the same playing field as TT AutoSpreader or CQG CTS-IC. It frequently got hung on legs (ouch) and it lacked the sophisticated matching engine, order entry...
  6. bone

    Time actually does stand still, Mr powell says money printing does NOT lead to INFLATION!

    I knew who started this thread before I clicked on it. That's how predictable your hysteria is and has been for the past decade.
  7. bone

    Good Reasons to open 1 additional Futures account

    Definitely iron frontal lobe with those reasoning skills.
  8. bone

    Good Reasons to open 1 additional Futures account

    With all due respect, that is the stupidest idea I’ve heard in quite some time. Now I feel bad that I’ve wasted time on this train wreck of a thread. I don’t blame your broker for denying you, as reconciling that would be a giant ongoing pain in the ass for them. It took you three pages to...
  9. bone

    Good Reasons to open 1 additional Futures account

    Well, using a discount broker can cost you quite a bit of money. And that’s on you.
  10. bone

    Good Reasons to open 1 additional Futures account

    Why can’t you open a new, separate account at a different FCM ? Convenience isn’t really a good answer.
  11. bone

    Good Reasons to open 1 additional Futures account

    Except that there is no “intermarket spread” with legs residing in separate accounts. It’s all outright risk. Unless you’re managing OPM, or you’re backing another trader, or you want a dedicated account for ATS - this is a stupid idea which is exactly why he’s having difficulty with his broker.
  12. bone

    Good Reasons to open 1 additional Futures account

    It’s actually worse than that. He will get ZERO margin credit between accounts or sub accounts. If he’s long ES in one account and short YM in another account he gets no margin offsets. None. If he buys ES at 8:00am in one account and he sells ES at 1:00pm in another account he’s got two...
  13. bone

    Good Reasons to open 1 additional Futures account

    Just as a side note - if your ATS consistently generates wash trades the CME will destroy you.
  14. bone

    IB Futures Spread charts

    Ummm, yeah. Just make sure that if you are using a third party charting package you are using the exact symbol for the exchange spread. The TT charts will be the actual exchange spread trades.
  15. bone

    Good Reasons to open 1 additional Futures account

    Automated trading systems require registration because the exchange tags the orders uniquely. https://www.cmegroup.com/tools-information/webhelp/cme-customer-center/Content/tag50-register.html https://www.cmegroup.com/tools-information/lookups/advisories/market-regulation/CME-CBOT-RA0810-3.html
  16. bone

    Good Reasons to open 1 additional Futures account

    And why didn't you tell the broker that? Automated trading systems have to be registered with the CME regardless. Sounds reasonable to me at least.
  17. bone

    IB Futures Spread charts

    If it was a Globex exchange traded spread you would have gotten filled.
  18. bone

    Good Reasons to open 1 additional Futures account

    After the Man Financial and PFG Best debacles, I have advised clients to keep their futures accounts modest with the caveat that they could wire additional funds quickly. There is no advantage to having multiple accounts for outright positions in each account or even for independent legs of a...
  19. bone

    Powell once again saying inflation is soft! What a damn joke!

    Without a tight labor market it hasn't moved the Fed. In fact, the Fed sees more risk from low inflation. Here's an excerpt from the Jan 2021 FOMC Minutes: “Participants generally viewed the risks to the outlook for inflation as having become more balanced than was the case over most of...
  20. bone

    IB Futures Spread charts

    Normally I'd help but I don't do Singapore.
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