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IMO, Elite Trader Moderators are incredibly tolerant. From what I can determine, Threads and Posts get deleted for two primary reasons: 1. Spamming, and 2. Personal Attacks and Outright Slander. IMO, ET will tolerate very sharp responses and heated exchanges provided they stay on point and...

Paying someone 25 cents an hour to plug a silicon microchip into a slim metal case and call it an iPod is one thing, but if Chinese cars resemble even vaguely the crap being pushed at Harbor Freight then I can't picture it. Why are GM products like Buick so popular in China ?

Please google 'Honda Odyssey automatic transmission reliability' , or 'Nissan 2.5 engine oil burning', etc. etc.. They have plenty of problems to go around. And Mercedes is in the dumpster in terms of product quality. As a current owner of 3 Nissans and 1 Honda I would opine that your...

I took on a client three months ago who is in his early 40's, and was a very successful S&P pit trader in Chicago who wanted to transition to the screen. One month ago, he ordered the pro Bloomberg terminal for his home office. He wants to install my custom study expressions into the Bloomberg...

If you trade them for mean reversion I agree with you completely, Arnie.

It is directional in the sense that you are betting that the price differential between two (or more) highly correlated instruments either converges or diverges in your favor. The traditional method is to trade a pair for mean reversion back to what is considered to be long term mean value...

1. The stealth purpose for QE was (and is) in my opinion, to deflate the dollar to the point where US manufacturing is again attractive in terms of currency differentials to the rest of the world. 2. Manufacturing sustains outside jobs in the service and technical support sectors. The...

For me, the trading size is entirely dependent upon the 20 day average trading range and the 20 day historical volatility of the instrument (or spread) in question. There is also the issue of how many open positions a trader might have on when the new trade entry makes itself known. When we...

Grand, you are promoting your blog and that is just fine. I have made it abundantly clear to you that I have no intention of posting for public consumption what 60 ET members are willing to pay for on a consulting basis. Please bait somewhere else. In that vein, if somehow what I was doing...

In CTS, you choose an exchange and then a product. If you choose CL, an order ticket will appear. At the top of the order ticket, there is a strategy pull-down where you can choose a 'spread'. You have a choice of intermarket spreads like calendars, and intramarket spreads like the cracks...

I have 60 clients who are ET Members, and if I posted all my trades they would be pissed beyond belief - so, no dice. The other piece is the NDA and IP security provisions in our contract. Besides, maybe about 3% (if that) of the members on ET would know how to chart a spread properly or...

Com, I have clients who clear Advantage, New Edge, Rosenthal-Collins, Crossland, and Man Financial among a few others. Every client that I take on who comes to me clearing IB, TransAct, Velocity, TOS, etc. makes a switch - usually to a major Chicago FCM, who: 1. knows what a spread is, 2...

Not until you manage to emerge from the grain pit and come to the realization that a computer has more uses than checking emails and replying to internet forum chats.

Another quality fade from the ET directory of market calls.

Congratulations for making a trade-related post. Much appreciated. Other than an impulsive and discretionary call based upon an after-hours margin raise by an exchange, is there a system pray-tell ? Taking $1.30 out of a market with a 20-day average trading range of $3.71 is fantastic...

Just don't even bother attempting to trade the cash unless you are a European dealer with access to Euro MTS. All others pack sand. The stuff that Cantor and Garban have on their system is very low volume and almost always off-the-run stuff last time I checked.

05/03/11 NYME CRUDE OIL, LIGHT SWEET U.S. 46,443 2.9 104,695 6.4 1,624,328 NON U.S. 20,729 1.3 130,658 8.0 US and Non-US Banks are showing 67K longs and 236K shorts in CL as of the latest...

Greg, good luck with everything. Nobody has the 'one key' or that non-existent 'Holy Grail'. Stay positive and remain focused. The markets are always changing, so keep open-minded about things.

True, so true. If all it took to succeed at trading were an Engineering degree or an MBA or the ability to write and code software, then clearly success in the field would not be so elusive for the vast majority who attempt a go at it. It might even be a fair generalization to say that a...