Search results

Most GE Butterflies and Condors are between $175-$375 ish depending on leg duration and overall convexity Most inter market energy spreads (CL, NG, HO, RBOB) are several hundred dollars to maybe a couple thousand tops in margin Your point is spot on - you can swing trade and carry all sorts of...

You’re missing my point: consumers will never see wide spread or easily available negative rates

That’s not a well informed post tbh. I’ve had clients fund Advantage accounts with $25K - Sometimes less.

Discount brokers can be very expensive.

And what I meant to say is that discount brokers are too cheap to hire a competent Risk Manager and to pay for a decent risk monitoring platform. They’ll give you four times daily buying power for ES if you scalp, though. All about the turnover $$$$

Discount brokers need a lot of account turnover. That’s why they target small retail speculators - hopefully day traders. They aren’t going to cater to proprietary firms, institutional accounts, commercial accounts, hedge funds, and sophisticated independent traders. Any top tier Chicago FCM...

Hopefully the DC Lobbyists will get the relief they so desperately deserve :p

You need to get rid of your broker. You are NOT getting the correct SPAN margin credits:caution: I have not seen any discount broker that knows WTF they’re doing with spread positions...

That’s not what the CME piece or even myself are advocating per se. Pure Stat Arb would require extremely high correlations and automation. And as you can imagine - those are quite competitive and populated trades. Would require something along the lines of a prime brokerage omnibus account...

There is precious little on modern methods for spread trading futures. I don’t consider seasonality to be ‘modern’. Let me add some color. I do very well modeling and trading intra markets exchange spreads in the Coffee, Sugar, and Cocoa markets. Been really consistent for me since I...

I’ve had hundreds of clients start with very modest accounts - $20K ish, and clearing a top tier Chicago FCM that knows who to correctly margin spreads. There are a myriad of reasons for spread differentials to converge or diverge - supply versus demand rebalancing, commercial order flows...

Seasonals are about ten percent of the spread trading universe. It’s a very limited perspective on what is possible and available.

DRW is all about spread trading, too. What do you know about them? I never placed much stock in prop firms that had everyone trading the same markets and essentially doing the same things. And predictably most of them are gone. I urge my clients to swing trade exchange supported spreads...

Fortunately you’re flat out wrong about spread trading small accounts. And btw, I’ve seen energy Crack Spreads and precious metal spreads move over $1K per day in trading range on a one lot spread.

I’m very skeptical about your data.

In the late ‘90s I once saw an advert looking for proprietary traders in Chicago. Very top tier firm. The last sentence read:” Practitioners of Elliott Wave and Gann need NOT apply”. Absolutely true story.

Clever German Engineers at this very moment are working on a face mask that will accept a beer stein :D

I am fascinated by the State of Maine. The State, as I recall, has one of the lowest COVID infection rates in the US. The largest private employer in the State is the hospitality business. The Summer season makes or breaks the State economy. And the Governor has recently said that bars will be...

I’ve heard some argue that the Fed has actually made money for the Treasury on balance.

I am fascinated by the State of Maine. The State, as I recall, has one of the lowest COVID infection rates in the US. The largest private employer in the State is the hospitality business. The Summer season makes or breaks the State economy. And the Governor has recently said that bars will...