Search results

I suppose I didn't answer this, but I figured it out. I just noticed that whatever I was trying to bid has happened to be trending intraday (equities) and by the time I edged up my bid it wouldn't be good for a fill. I did end up getting a fill on my first fly ever, GME Dec 22 15/18/22 @ 1.60...

Hey guys, I've experienced some pretty good success fading volatility. After reading this thread and a few dated ones on ET, I decided to dip my toe into flies. I'm wondering if anyone on IBKR has difficulties getting fills? Or if it is normal to not be able to get fills at midpoint. Really I'm...

@destriero Just wondering if you trade flies regularly [and profitably]? I tried trading them for a couple months using IB, but I never got filled on their spread trader. Maybe I was not being forgiving enough on my bids and asks.

Update: Still grinding away. Caught a nice move in XBI and traded in and out of a few other equities. Might look at getting back into futures if I can expand capital base a little further. 127%

I pretty much abandoned the blog, I felt like it was too much work to keep it going. Just wanted to drop in and say I am still alive. My style of trading is evolving, I'm not exclusively sticking to Futures really (haven't done a futures trade for a while now). I'm only trading what I see and...

Big widening in contango again. I got lucky, I was on the right side lol Updated the blog again http://naturalfinancial.com

Yikes, that spread is getting pretty volatile. I was away from screen for a while and came back, it was completely crushed. I also sold my BBRY a few days ago, and kaboom Samsung takeover bid today. Hahahaha

Yeah FCX, sorry for the delayed response haha. I do work in the drilling side of the industry, I'm an MWD Hand (Measurements While Drilling). I ended up re-entering that -Jun/+Dec, its turning out again to be my best trade lol. Updated the blog guys: go check it out! http://naturalfinancial.com

So the driver behind this type of curve steepening is really dependent upon the relative scarcity of storage? How do you guys typically monitor the demand for storage? I've been long on the Jun/Dec calendar for WTI since $2.00, it dropped from $4.60 to $4.00 that one day. Closed it at $4.11...

I take it as more tankers continue to get booked up for storage, this will help put pressure on contango? But what will allow it to keep expanding beyond these levels?

Yeah. It was acting as a very good hedge for everything else that was kind of bogging me down haha. I just closed it at $4.11 after it started to sell extremely hard for some reason. If it looks like its just going to be a dip, I will re buy for more than I initially had.

Posted another update to the blog guys. http://naturalfinancial.com

Hey guys... Just wanted to let you know I moved this blog to its own website. http://naturalfinancial.com One last update before I semi-abandon this thread: Long ZW Wheat via 700 calls exploded... Entered @ 6.00, sold 40% of position @ 22.00, current @ 19.00 Short ES S&P 500 via Bear Put...

Yeah, that helped me claw back that loss on the Jun/Dec. I am essentially back to where I was from before taking that trade now. I am actually now back into the Jun/Dec only this time I am LONG at $2.00, currently at $2.20 and for 1/3rd the size that I took before. Current Positions: Long CL...

Here's a chart of the seasonal I am looking at for the Live Cattle trade. (People love pictures). The notation this chart software uses for Calendars is reversed, so instead of -Feb/+Apr its +Feb/-Apr Ignore the dates up in the corner those are just for "line drawing" purposes, arbitrarily chosen

Re-entered the live cattle spread for 2 contracts, I took another look at the seasonality and looks like it is still priming to break out. 5 Main trades on the go: Short Oil via 51/50 Bear Put spread for March Futures (CL) Short S&P via 1700/1690 Bear Put spread for March Futures (ES) Long...

On Friday I also ended up adding two positions, this time a couple of bear put spreads. 50/51 March for Oil, and 1690/1700 for ES. I owned myself being in a position that had a bullish bias in the face of a commodity that was tanking hard. The pain is over and my eyes are opened, I should have...

Position update: Flat on Jun/Dec CL, loss of $6,000 Got out a few days ago of my Wheat puts, realizing it was too strong (break even). Took 5 calls on it looking for it to continue trend. Took 10 contracts of a 50/51 Bear Put spread just in case it drops that low. And Talisman jumped since...

I never look at a trade as a bad idea or a good idea, because like I said, after the trigger is pulled its totally out of your control except for whether you add to your position or you close it out. I can't blame the market or any other external factors. I screwed this one up. I added to a...

Well, I was away from screen for majority of the day doing work stuff. This Jun/Dec certainly hasn't gone the way I wanted it to; although it hasn't moved a heck of a lot, I ended up sizing up a lot larger than I should have. This is one of my problems I am really trying to correct, I am getting...