Recent content by ttrade

He's supposedly come a cropper already, with a massive down account to prove it. Don't believe everything you read. There's nothing impressive about making 1 million in an afternoon and losing it the next day. Making 1 million and keeping it, however, now that would be impressive! It amazes...

In my opinion, you can read as many books and articles as you like and you will not be any closer to becoming a profitable trader. Think about it, every trader out there has read all the technical analysis books and yet they still can't make any money. Think about edge, about being a little...

I'm trying to find out what prop traders in London are generally paying per RT for CBOT bonds. There seems to be some healthy competition for Eurex rates between different firms (0.48 and the like), yet my impression is CBOT rates are considerably higher than this with decent rates reserved...

Calculating spread prices is a little tricky - you can't just do (Five Year * 3) - (Ten Year * 2) as you might expect. You have to convert the prices into "raw ticks" before doing the multiplication and subtraction. e.g. 109125 in Ten Year 109 + ((125/10)/32) = 109.390625 109.390625 * 128 =...