Time and Timing is done by Stu Johnston, who also wrote an excellent book called Trading Options to Win. The T&T website is useful for futures spreads, along with a variety of option trades. It isn't a signal calling or guru service though, so it could certainly be overwhelming for a novice. Not that I am claiming to be above novice level myself. The site has a 30 day trial, and Johnston is very accessible. Give it a try.
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Seasonal spreads
- Thread starter hrokling
- Start date
Quote from jeffm:
Time and Timing is done by Stu Johnston, who also wrote an excellent book called Trading Options to Win. The T&T website is useful for futures spreads, along with a variety of option trades. It isn't a signal calling or guru service though, so it could certainly be overwhelming for a novice. Not that I am claiming to be above novice level myself. The site has a 30 day trial, and Johnston is very accessible. Give it a try.
I said MRCI has been around for many years and I would trust them before a new website. Your comment changed everything I said.
Would you say the same thing if it had been a broker?
But after all, why should reliability and reputation be an issue?
How many years has MRCI been in existence? When was MRCI started? Do you know when T & T started? How do you know which of them started first? How do you know that MRCI is more reliable than T & T?Quote from rcanfiel:
I said MRCI has been around for many years and I would trust them before a new website. Your comment changed everything I said.
Would you say the same thing if it had been a broker?
But after all, why should reliability and reputation be an issue?
What is your relationship with MRCI? And what is your relationship with MBH Trading?
Medowz,
I have been with some services of MRCI for several month and find it very helpful. I tried McGovern for one month and had a bad experience, maybe it was just an unlucky month - did anybody use it over a longer time period?
Somebody kindly told me about T&T and I am testing it now, it shows good potential - only testing it over a longer time period will show if it works.
I tried a sample letter of Jack Bernstein and I think it is pretty useless as far as spreads are concerned.
I wish somebody who had experience with Ross's service would give us his opinion.
I have been with some services of MRCI for several month and find it very helpful. I tried McGovern for one month and had a bad experience, maybe it was just an unlucky month - did anybody use it over a longer time period?
Somebody kindly told me about T&T and I am testing it now, it shows good potential - only testing it over a longer time period will show if it works.
I tried a sample letter of Jack Bernstein and I think it is pretty useless as far as spreads are concerned.
I wish somebody who had experience with Ross's service would give us his opinion.
Quote from SupremeTrader:
How many years has MRCI been in existence? When was MRCI started? Do you know when T & T started? How do you know which of them started first? How do you know that MRCI is more reliable than T & T?
What is your relationship with MRCI? And what is your relationship with MBH Trading? [/B][/QUOTE]
Your questions are off the wall and unresearched. But if you must:
MRCI - 15-20 year history
T&T - website created April 2004, not sure when they went live. And until this mention, never heard of them before. MRCI is known to pretty much everyone and they have a sterling reputation and appear often in industry publications and are often quoted as a reliable source.
Much longer track record usually equals more reliable. Did you read my post or just react?. If you disagree, then try this question inserting the word "broker" in it. You should get the picture
MRCI - I was customer for 3 years in the past
MBH - never heard of it
Anyway, doesn't matter. You are now on permanent ignore.
How many years has MRCI been in existence? When was MRCI started? Do you know when T & T started? How do you know which of them started first? How do you know that MRCI is more reliable than T & T?
What is your relationship with MRCI? And what is your relationship with MBH Trading? [/B][/QUOTE]
Your questions are off the wall and unresearched. But if you must:
MRCI - 15-20 year history
T&T - website created April 2004, not sure when they went live. And until this mention, never heard of them before. MRCI is known to pretty much everyone and they have a sterling reputation and appear often in industry publications and are often quoted as a reliable source.
Much longer track record usually equals more reliable. Did you read my post or just react?. If you disagree, then try this question inserting the word "broker" in it. You should get the picture
MRCI - I was customer for 3 years in the past
MBH - never heard of it
Anyway, doesn't matter. You are now on permanent ignore.
Ok, I've just put on a new spread right now - and it feels kind of crazy because I don't really understand the implications.
Bought 1 Dec ZN 10 Year Treasury Note, Sold 1 Dec ZF 5 Year Treasury Note @ 1 and 50/64 (I think, hehe).
Now, with the recent market volatility and possible change in interest policy this is kind of dangerous, and I'll be the first to admit I don't know what I'm doing. If someone more experienced with interest rate futures can comment on what kind of exposure/bet this really is I'd be most grateful - since this has been put on for seasonal tendencies only.
Bought 1 Dec ZN 10 Year Treasury Note, Sold 1 Dec ZF 5 Year Treasury Note @ 1 and 50/64 (I think, hehe).
Now, with the recent market volatility and possible change in interest policy this is kind of dangerous, and I'll be the first to admit I don't know what I'm doing. If someone more experienced with interest rate futures can comment on what kind of exposure/bet this really is I'd be most grateful - since this has been put on for seasonal tendencies only.
hrokling:Quote from hrokling:
Ok, I've just put on a new spread right now - and it feels kind of crazy because I don't really understand the implications.
Bought 1 Dec ZN 10 Year Treasury Note, Sold 1 Dec ZF 5 Year Treasury Note @ 1 and 50/64 (I think, hehe).
Now, with the recent market volatility and possible change in interest policy this is kind of dangerous, and I'll be the first to admit I don't know what I'm doing. If someone more experienced with interest rate futures can comment on what kind of exposure/bet this really is I'd be most grateful - since this has been put on for seasonal tendencies only.
Your ZNZ7-ZFZ7 Spread above is not a recognized spread. The trading ratio is 2:3 on eCBOT. You are on the right trend though. If I were you, I'll trade what is called the NOB Spread or 10 year Treasury Notes over 30 year Treasury Bonds. Presently, the September '07 NOB or ZNU7-ZBU7 is what is at play. It is a very profitable Spread but always use effective stops to protect your funds.
This is my last help to you. Goodluck in your trades.
For those of you on this Forum trading with $20,000 or less, do not trade the Petroleum Spreads like Heating Oil, Gasoline, Crude Oil and Natural Gas. They are just too volatile for your accounts, even if you are trading single contracts. Build up your funds patiently and gradually with Sugar spreads, corn spreads, etc until you have at least $50,000 to trade. Then jump into the oil sector. The markets will always be there for you. Just a friendly suggestion.
hrokling,
I once mentioned previously that the way MRCI suggests the interest spreads is not based on a rational quantitative basis,however, they work and that is what counts.
I also took the ZNZ7/ZFZ7 spread because it was profitable 12 times out of the last 15 years. In addition, Time & Timing also recommends this particular spread.
In addition, in a declining interest environment the long term maturities should gain over the short ones. That is why I am not buying the NOB spread, MRCI instead is recommending ZBZ7/ZFZ7 - it will be interesting to see who is right.
I once mentioned previously that the way MRCI suggests the interest spreads is not based on a rational quantitative basis,however, they work and that is what counts.
I also took the ZNZ7/ZFZ7 spread because it was profitable 12 times out of the last 15 years. In addition, Time & Timing also recommends this particular spread.
In addition, in a declining interest environment the long term maturities should gain over the short ones. That is why I am not buying the NOB spread, MRCI instead is recommending ZBZ7/ZFZ7 - it will be interesting to see who is right.