Neil - yes you can. Thats the point of spreads - to take advantage of seasonality of products. Time of the year for meats and grains. Yield curves for Bonds such as the TUT (Ten year Under Two year notes) to profit from the yield curve, TED - Tbonds vs Euro Dollars. etc.
There isn't much written about spreads though. It's all need-to-know or we kill ya you filthy c*ck-a-roach stuff (sorry, I watched Scarface again last night)
I totally agree with you. I didn't say you should take their trades:
1.) The service is called Moore Research, an not Moore Trading.
Somewhere on their website they state that they "only" provide research, no trading advise."
2.) As they write in their Disclaimer:
... Even If A Seasonal Tendency Occurs In The Future, It May Not Result In A Profitable Transaction As Fees, And The Timing Of The Entry And Liquidation May Impact On The Results. No Representation Is Being Made That Any Account Has In The Past Or Will In The Future Achieve Profits Utilizing These Strategies." (From MRCI.COM)
3.) After all: wouldn't it be great? you just pay $30 per month and make thousands??? what a great deal! but that's not reality.
In my opinion:
MRCI offers a great RESEARCH service, and applying proper filter and money management techniques spreads ARE the most profitable way to trade.
I fully subscribe to your observations. MRCI provides very solid research but certainly no free-lunch. Thanks for the links to futures-spread-trading and good to read about the Joe Ross seminar. What is his reputation? Good value for money?
PS This thread started with Pork Bellies, coming back from easter break I see that trade has worked. Don't know what happened but PB's are down 3pts at 103. I am lowering stop to 103.8 aiming to lock in 2.3pts
I guess one can play with SPUDs until the cows come home. If you chart it, you can see there is money to be made. Must be careful on the ratio though when looking at spreading indicies off against eachother.
Who'd want to trade spoos when you can trade spuds?? CME also do Milk and butter futures. Its all making me hungry.
What will my equity curve be like if my portfolio consists of Pork Bellies, Spuds and milk?
Why can't I get veg futures so I have a balanced portfolio/diet? No wonder all these yanks have weight problems.
I want totrade beer futures. I could spread them off against vodka at 5:1