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  1. bone

    Another Whistleblower Award Issued by CFTC to Individual Exposing Fraudulent Activity

    That is a great question that I asked myself before I posted above. A quick Google search showed no whistleblower press from the CFTC prior to 2014.
  2. bone

    Sudden vanishing of sports due to coronavirus will cost at least $12 billion, analysis says

    ZERO positive tests for 32 NFL teams going into Week 1 of play. That’s players, coaches, and all the staff. And this is a high contact sport.
  3. bone

    Sudden vanishing of sports due to coronavirus will cost at least $12 billion, analysis says

    Yes, everyone from Formula 1 and Indycar And NASCAR to the PGA and MLB, NFL, NBA, NCAA Football - they’re all using the Rapid Saliva Test.
  4. bone

    Sudden vanishing of sports due to coronavirus will cost at least $12 billion, analysis says

    Conflicting reports about whether there was or wasn’t a vote to restart football. There was a “hot mic” moment from the Nebraska President that plans for a restart were to be introduced today - and that was widely reported. But the Chicago Tribune and other media outlets are reporting now that...
  5. bone

    Sudden vanishing of sports due to coronavirus will cost at least $12 billion, analysis says

    The Big Ten Conference NCAA College Football Program has now devolved into an unmitigated shit show. Several College Presidents and the Commissioner have managed to alienate the players, the students, the alumni, tens of millions of fans, and now increasingly the media. Quite a feat.
  6. bone

    adding to winners.. valid or no?

    There are some real advantages to learning how to swing trade. I happen to believe that swing trading has more money making potential than day trading. Just my opinion. While it is true that you are not subjected to the Bots and Algos and the HF games, to properly swing trade you are...
  7. bone

    Another Whistleblower Award Issued by CFTC to Individual Exposing Fraudulent Activity

    This type of "bounty" is better than any army of government employee examiners or auditors. You have to wonder if this program could have found out Bernie Madoff.
  8. bone

    adding to winners.. valid or no?

    Adding to winners is much easier if you are swing trading as compared to day trading. Personally I will not add to a position when it's marking down, but I will push a position that is marking up for me. I saw RW, one of Ray Cahnman's floor traders, make $15M in six months on a Twos versus...
  9. bone

    "Murphy's Law": New York May Follow New Jersey With Trading Tax Of Its Own

    Update: JPMorgan IB building in Nashville and Alliance Bernstein moved its HQ to Nashville.
  10. bone

    "Murphy's Law": New York May Follow New Jersey With Trading Tax Of Its Own

    I priced houses in Nashville and they were like Chicago North Suburb price levels. And that City is red hot.
  11. bone

    "Murphy's Law": New York May Follow New Jersey With Trading Tax Of Its Own

    Goldman Sachs and UBS are building in Nashville on the riverfront. No State income tax.
  12. bone

    when do traders stop to trade CLV20

    For twelve years now, I’ve been telling clients to stay away from the front two or three months in Crude, Nat Gas, and Refined Products because the roll is so unpredictable and difficult to model.
  13. bone

    "Murphy's Law": New York May Follow New Jersey With Trading Tax Of Its Own

    These States clearly don’t know Jeffrey Sprecher very well.
  14. bone

    Startup help

    I’ve always loved the big can. Fosters has a great flavor.
  15. bone

    Startup help

    Honestly, with $2K and so much uncertainty with your business and COVID and future cash flows - put that $2K in the bank and try to hustle up something local. The markets aren’t going anywhere, and honestly you aren’t in a position at this point in time to succeed with trading right now...
  16. bone

    Day Trading/Swing Trading Futures

    There are inter market futures spreads, like Unleaded Gasoline versus Crude Oil, or Two Year Notes versus Ten Year Notes. There are Intra Market Spreads - which is the same product different expiries. Many people think this is the prompt month versus second month, but there is far more to it...
  17. bone

    Startup help

    You simply don’t have enough capital to trade e-minis with a couple thousand dollars. Even with MES you’ll need more, because your equity curve is going to be a roller coaster. If you’ve never traded before, and you don’t have a smart well thought out trading strategy development and testing...
  18. bone

    Sudden vanishing of sports due to coronavirus will cost at least $12 billion, analysis says

    MLB has been managing, and the league believes that the two outbreaks at Tampa and St. Louis were due to human non-compliance with protocols. The rapid COVID saliva tests have been a game changer.
  19. bone

    Sudden vanishing of sports due to coronavirus will cost at least $12 billion, analysis says

    NCAA football is back with the notable exceptions being the Big Ten and PAC 12 conferences. The NFL professional league has been managing COVID fine to date and the first games have already been played. The Big Ten will have a re-vote and the indications are that the Big Ten will start in October.
  20. bone

    How to Let Your Winning Trades Run: Got ideas?

    This is just me, YMMV. I set stop-limit OCO orders for profit targets and stop-loss levels that I set at the time of the trade entry. And I run my trading platform on a workstation that is on a desk directly behind my main desk, as I do not want to watch the order books and DOMs. Then I...
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