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Go to the CME Nymex website portal and look up the initial performance bond margin requirements for CL. And then revise your sizing scenario down sharply.

And this would in reality be a managed account. Except that few of the collective "retail" members could pass the liquidity threshold required for discretionary investment vehicles, and therein lies the "rub" - who/how are the investment decisions being made? A vote ? Sounds somewhat...

"The gravest danger is getting stopped out a million times a day trying to scalp 18 cars for a few pennies. Stop it." Amen, brother. You can't scalp a market with 30% volatility with narrow stops. If 30-year Bonds have a volatility of 11%, and the old floor trader stop rule was three...

Sure, any major Chicago FCM - RCG, Advantage, Crossland, etc.

For the next several months, I will try to look for correlations between the HO Crack and the NG Calendar in terms of winter heating. Not a great correlation, but sometimes it offers a jump provided you don't play on Wed. or Thurs. mornings. I also like looking at the NOAA HDD data.

Another silly thread, because there are multitudes of successful day traders just as there are multitudes of not-so-successful day traders. If you want to make it in this business, you can't approach the market like everybody else does. If there is a "generalized" statement to be made...

Personally, I don't pay attention to COT. Never really could divine much out of it - really after the fact. Spread trading (and correlations specifically) can be used to great advantage by flat price traders. Big time. Huge. Best indicator going because of the latency advantage over the...

As long as you buy strength and sell weakness you will be fine trading calendar spreads - with the flies and condors there is some mean reversion but be very careful. Price is price, and IMO everything that is currently known about a product or commodity is distilled in that last price print...

IMO you have to be able to consistently net profits through several different types of market cycles spanning several years - you can't take 2 months or even 2 years and project forward. When you've managed to re-invent yourself a couple of times and still make money through 'thick and...

" However gold (as a currency) has a closer / higher correlation with (EUR/USD) than the S&P 500. " Actually, in the past two years the correlation between Gold and the Euro currency has fallen off the face of the earth. If you look at the settlement closing marks, for the past ten years the...

Just my opinion - in the past few years, trading has become more difficult than Poker because of external factors like automation. Trading has become much more multi-dimensional than it used to be. I would wager that in today's trading environment, the number of successful (positive) poker...

Ever notice how the "Economic Stimulus Plan" was really just an organized labor bailout - union construction workers for the road work, union state and federal public sector workers, union auto workers.

Correlation is + 94% on closing settlement marks for two years to date.

The 2 year correlation close-on-close is 95.6% To currency adjust the contracts at today's settle of $70,130 the ratio is 1 TF : 1.28 YM To adjust for volatility, the ratio is 1 TF : 1.63 YM The best way to beta correct for these contracts IMO is to monetize the 20 Day Average Daily...

Please ask your accountant about reporting realized versus unrealized capital gains. Extensive info at IRS.gov

The mini-Russell is an excellent spread vehicle against the mini-Dow.

Please move to the Journals Section.

emg, you have a fundamental model and you trade it. fine. technical models work quite well in the softs, thank you very much.

NYC: Look at the forward Heating Degree Days curve (which is going to be forward building heat demand based upon weather) with your Heating Oil Cracks and your Natural Gas forward price curve, and Voila ! My experience with Transco has been with the NYISO Heat Rates (the spark spread), and...

More multi-instrument in different market sectors than multi-strategy, but yes I believe it to be a significant advantage. The other piece is that a 'well-behaved' spread will typically exhibit very little flat price instrument directional delta risk.