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  1. bone

    IS THIS feasible?

    Yes, I have extensive experience trading OTC physical, OTC bilateral, and financially cleared Swaps in the energy markets. Electricity, Natural Gas, and Distillates. You cannot establish a physical position with a broker using your business model.
  2. bone

    IS THIS feasible?

    This part is a REAL unresolvable problem: (from your website) “Once you purchase your gallons, you can use them anywhere*, anytime without having to worry about gas prices again. The GALLON CARD has no limits, no expiration, use them when you want, as you want.“ There is NO such thing as a...
  3. bone

    IS THIS feasible?

    I spent a portion of my career in the Commercial Energy sector. There would need to be a sizeable margin added to the spot price in order for dynamic hedging with OTC Swaps or regulated futures to work efficiently and correctly. For example - it might take a few to several days for you to...
  4. bone

    May '20 crude futures = $20, June '20 crude futures = $28

    Energy in particular is a Spread Traders wet dream. Tons of opportunities - thousands of Inter and Intra product spread combinations.
  5. bone

    May '20 crude futures = $20, June '20 crude futures = $28

    May ‘20: $20.66 Sept ‘20: $34.81 I personally can’t recall such vicious Contango. I’ve got clients that have just printed $$$ last couple months. It was a strong, trendy move with very little retracement. No demand, expensive and quite limited storage.
  6. bone

    I m looking for a mentor

    If Manual day trading at present was legitimately viable for mere mortals - then Bright Trading in Las Vegas and a hundred proprietary day trading firms in Chicago, NYC, London, Sydney, Singapore, Frankfurt, etc. etc. would still be going strong. The CME and Eurex have a small fraction of the...
  7. bone

    I m looking for a mentor

    I know it sounds hokey and terribly OG - but start a daily personal trading journal. I don’t mean here on ET; but on your PC in Word or in a spiral notebook. You will be able to check yourself in terms of destructive emotions, repeating mistakes, and tracking / developing ideas. I tell my own...
  8. bone

    Position sizing and adding to winners.

    I know it sounds hokey and terribly OG - but start a daily personal trading journal. I don’t mean here on ET; but on your PC in Word or in a spiral notebook. You will be able to check yourself in terms of destructive emotions, repeating mistakes, and tracking / developing ideas. I tell my own...
  9. bone

    I m looking for a mentor

    First of all - stay away from day trading full stop. The risk/reward is just shit. I agree with demo or paper trading for a year before you even contemplate risking real $$$ in a Live market. Your most important Task is to be able to manage trade positions that mark against you. How and...
  10. bone

    Position sizing and adding to winners.

    What do you do when your “2 position” initial entry is immediately a stinker - how do you take that loss and how does that reconcile with your “early profit” winners ?
  11. bone

    Where have gone all these daytrading companies ?

    Tells you all you need to know about the viability of manual day trading.
  12. bone

    Trading yield spreads

    I don’t do anything with TT Sim, which was the OP’s question. My clients will email to me “paper” spread trades which we break down in great detail and clients track on a spreadsheet.
  13. bone

    The curve flattens, the market goes up,, for now........

    Too late to short now. Covid curve is flattening and that’s what this is all about.
  14. bone

    Crystal ball here.... Another super green day...

    With the Covid curve flattening in NYC and Cali your timing is impeccable
  15. bone

    China should be sued for $6.5 trillion for coronavirus damages says top UK think tank

    Hardly a SJW - look at where AIDS, Ebola, SARS, and MERS originated from. Wildlife-to-human transmission. And quite a few experts at present are pointing at the Wuhan wet markets for Covid-19.
  16. bone

    11 year bull mkt. 4 week bear mkt. Up 26% in 2 weeks for a new bull mkt . Life's great !

    The world will definitely re-think it’s commercial relationship with China. At the very least as it pertains to medical consumables and drug ingredients. And it looks like a Spain and Italy might have a more jaundiced view on the EU. Spexit and Italexit might be in the offing - because the...
  17. bone

    China should be sued for $6.5 trillion for coronavirus damages says top UK think tank

    China should be forced to close those ridiculous Wet Markets at the very least.
  18. bone

    11 year bull mkt. 4 week bear mkt. Up 26% in 2 weeks for a new bull mkt . Life's great !

    I’ll just post this here to save Mr. Anxiety the trouble:
  19. bone

    Anything and I mean anything to prop up equities

    Great. Let’s tax the middle class at 60%, have a 20% National VAT, and then buy Medicare-for-all and equities with it. I’m sure that will go over big.
  20. bone

    Anything and I mean anything to prop up equities

    1. Norway is a Scandinavian Country with a stratified homogenous population that grows <1%, and 2. The US does not run a budget surplus.
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