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Spreads tend to trend very hard (more than most markets I’ve seen) and staying on the wrong side while compounding the misery is a brutal short lived existence

Oh, I’m sure you can blow out in no time adding to a stinker spread position as well. From what I’ve seen over the years - most traders that blow out do so from adding to losing positions. Conversely, I’ve seen traders make fortunes pressing winners. The key operative phrase being “winner”.

Futures Gains = 18.75% US Federal Income Tax Rate Equity Gains = 37% US Federal Income Tax Rate

The real impetus behind US single stock futures was the more favorable blended capital gains tax treatment.

I saved him a fortune talking him out of that gem (fading “resistance” in a thin Producer dominated OTC market).

Never had a chance with tight, automated minimum tic size bid/ask spreads in the cash equity markets. Institutional investors are adequately serviced by investment bank desks. Swaps, Options, Blocks, whatever.

It’s a sickness TBH.

https://en.m.wikipedia.org/wiki/List_of_trading_losses One of my mentors (David Ellis, a monster S&P futures trader) was sued by George Soros (suit was tossed).

They have their own websites and the index composition, weighting, and pricing derivation calculations are broken out in painstaking detail.

So this is a great example of a dangerously thin exchange market that’s dominated (manipulated) by Commercials. The Commercials don’t trade the exchange market - they prefer the OTC physical market. 1. The Commercial Producers (Georgia Pacific, etc.) have absolute control over what stays in the...

59% of Americans don’t think that Joe Biden would finish his first term as President. 49% of registered Democrats polled don’t think Joe Biden would finish his first term as President...

Below is the Daily Sept 20 Corn vs Mar 21 Corn Calendar Spread Pair (red and green candles). I have overlaid the Daily Continuous Corn Futures Contract (dark blue and light blue bars) on the same chart. I did this in order to explain a few points. First, that for the most part (but not...

Try Daily and Weekly. Seriously.

If you are legitimately modeling trend you'll need much longer timeframes than 45 minutes. Especially if you are swing trading, which is the best way to trade trend.

$50 Billion per Year.

Family Court in the US is big business worth many billions per year that makes divorce attorneys very good livings and it’s the financial lubricant that keeps many legal practices going. It is adversarial by intent and design. Former lawyers become family court judges and practicing attorneys...

But who would argue that if billions weren’t involved she would have taken half.

Yep. If you want a real kick in the nuts - read about how insanely messy Elon Musk’s first divorce was. And there was a pre-nup. He had made $20M on the sale of his first startup just weeks before the wedding - and according to his ex-wife Justine she said that it was explained to her as a...

That’s just insane TBH.

Anyone worth a billion dollars before marriage is going to have a pre-nup. Hell, anyone worth eight figures is highly likely to have a pre-nup. The risks are just too great.