wanderer21
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Hi this is my first posting on this site,
I am returning to trading after an absense of about 6 years. I started Spread trading about 7 years ago through a graduate program at a city propshop and I loved it and believed I was good at trading too, I was constantly scolded though for trading outrights instead of staying with the spread but I was eventualy offered a deal at the company. Unfortunately I had a young baby just born and although I believed I could eventualy make decent money, it wasn't paying the bills at the time and I had to go and find paid employment. I have kept my eye on the markets and have traded off and on since this time but nothing serious.
I have since earn't enough money to support myself and go back to something that I was very passionate about try and make this my living. I am sure the environment has changed a lot and I have some questions that I hope someone can help me with -
In retrospect I am not sure if spread trading was a vehicle for the prop shop to make commission's or it was an intellegent trading stratagey, is there still a market in spread trading? I was trading the 2's 5's bobl shatz spread before,has this now been over subscribed or is it still a workable spread to take tiks from?
Are interest rate futures now better to trade outright or is spread trading still considered profitable ?
Previously when I was at the propfirm we were using a Pats trading system and CQG charting program, I will be now trading from home and i need to find a fast execution broker, I have read on these boards that IB seem to be very good for futures are they also good for spread trading? how is IB's trading platform ? or are there are there other better free trading platforms out there?
I imagine that CQG was a high cost charting program is there other quality charting programs where Pairs spread's are able to be created?
I will do my research and read as much as I can on this site and any other of value sites I can find, if anyone has any good references or advice I would like to hear from you.
This post didn't start out to be long winded but I am ready to dedicate the next couple of year to see if I can make this work for myself.
Cheers
Wanderer
I am returning to trading after an absense of about 6 years. I started Spread trading about 7 years ago through a graduate program at a city propshop and I loved it and believed I was good at trading too, I was constantly scolded though for trading outrights instead of staying with the spread but I was eventualy offered a deal at the company. Unfortunately I had a young baby just born and although I believed I could eventualy make decent money, it wasn't paying the bills at the time and I had to go and find paid employment. I have kept my eye on the markets and have traded off and on since this time but nothing serious.
I have since earn't enough money to support myself and go back to something that I was very passionate about try and make this my living. I am sure the environment has changed a lot and I have some questions that I hope someone can help me with -
In retrospect I am not sure if spread trading was a vehicle for the prop shop to make commission's or it was an intellegent trading stratagey, is there still a market in spread trading? I was trading the 2's 5's bobl shatz spread before,has this now been over subscribed or is it still a workable spread to take tiks from?
Are interest rate futures now better to trade outright or is spread trading still considered profitable ?
Previously when I was at the propfirm we were using a Pats trading system and CQG charting program, I will be now trading from home and i need to find a fast execution broker, I have read on these boards that IB seem to be very good for futures are they also good for spread trading? how is IB's trading platform ? or are there are there other better free trading platforms out there?
I imagine that CQG was a high cost charting program is there other quality charting programs where Pairs spread's are able to be created?
I will do my research and read as much as I can on this site and any other of value sites I can find, if anyone has any good references or advice I would like to hear from you.
This post didn't start out to be long winded but I am ready to dedicate the next couple of year to see if I can make this work for myself.
Cheers
Wanderer
