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My clients have to close their IB accounts because IB apparently doesn't know how to margin a futures spread correctly. They have also complained in the past about IB not offering the exchange supported implied futures spreads - I do not know if that is the case any more. But I do know that...

The Western European countries like Germany, France, and England have conceded that immigration the past twenty years has backfired massively for them in terms of entitlement spending and for the immigre's refusals to integrate into host country's mainstream society. The illegal Mexican...

GM has six months of Silverado truck inventory sitting in dealer lots. Everybody is buying the Ford F-150 with the V-6 TwinTurbo EcoBoost motor - gas mileage is actually very good as trucks go, and it will tow 10K pounds when you need it. The Silverado has no V-6 available. This is what...

Wave counts ? Candle formations ? Gann lines ? Seriously ?

Look to Illinois, my friends. Utopia. Complete Democratic Party domination on the municipal, county, and state legislature for 200 years. Even with the occassional Repub Governor, Dems always maintained complete power of the purse and of law-making.

I don't know what country you are living in, monsieur. Texas, perhaps ?

Well, your comment is actually quite revealing in the sense that every market participant has a different timeframe perspective. A 'sell-off' to a scalper using a tic chart is quite a different thing in the eyes of an institutional investor. Quite.

"How Fast are Options Market Makers" In any event, no free money there. Move on.

The money is just a natural byproduct of seeing the markets correctly and trading well. I have never seen someone say to themselves: "I need to make $10K today, bills to pay" and then squeeze $10K out of the market that day. In fact, speaking for myself, whenever I force a trade nothing...

Absolutely, positively, no doubt about that. Great call.

We're number one ! We're number one ! And the USA will continue to be the shining beacon of light ...

Just when the market timers predict Armmeggedon buyers come out in force. IMO, they bought it up in order to make room for Friday's grand toilet flush. I mean, it is interesting to see that despite the 'doom and gloom' the cheap dollar and a search for yield definitely keeps a bid out there...

They also know alot more than anybody else and aren't bashful about saying so.

EMG, question: How many educators are rolling / combining 'training' with a 'trading account' ? Should there be the almighty asterisk * ? Is that an inflection point for garnering additional industry and regulatory scrutiny and oversight ?

OK, but as an informational sidenote, if you can trade a CL U1-Z1 spread, you can trade a GE Z1-Z2 spread, and you can trade a ZC U1-H2 spread. Seriously. There are about 1,000 combos you can trade if you can manage a CL calendar. Just an FYI.

I have a monster client in the UK who does size WTI vs. Brent. Personally, I can't stand the trade. I do not care for Bunds vs. US TY either. To me, they exhibit some ridiculous cointegration fangs and are just pure divergence trades from hell. In my mind, shitcan the slippage and just...

The biggest piece of advice I could profer: do not fade spreads looking for mean reversion, also known in the equity pairs universe as convergence-for-difference. (CFD). Futures spreads feature heavy commercial order flow participation. Futures spreads trend very, very well. In many cases...

An investigation into New Jersey’s largest teachers union finds that the Internal Revenue Service has an outstanding lien against the New Jersey Education Association for $56,730.31 in back taxes. The lien involves unpaid taxes from as far back as 2005, though most of the teacher union’s...

Risk is definitely lower in the preads, all things considered - look at the historical vol, trading ranges, and the way they trend. They are also really cheap to capitalize with the SPAN performance margin credits. I wouldn't necessarily say that CL spreads are easier than Grains, just...

From Bloomberg today: The chief psychiatrist for California’s overcrowded prison system was paid $838,706 in 2010, more than any other state employee that year, payroll figures released today show. The doctor, whose name wasn’t released, had a salary range of $261,408 to $308,640...