s0mmi
Last Activity:
Aug 2, 2020
Joined:
Apr 7, 2013
Posts:
209
Likes:
280
Home Page:
Occupation:
Futures Trader

s0mmi

s0mmi was last seen:
Aug 2, 2020
    1. double2656
      double2656
      Hey S0mmi, Im from Sydney aswell. I just wanted to your advice on getting into a prop firm here, how do I best get selected for it? I dont have a degree, still a beginner with no track record. Do they hire trainee traders like me? Ik with Propex u need to prove you have experience/track record or have a degree. But what about the others? and your thoughts on Star Beta? Appreciate your help with this. Thanks.
      1. s0mmi likes this.
    2. DEnn
      DEnn
      s0mmi, I read your post about anton kreil course. Please share with me at orangidennis24@gmail.com
      I will appreciate your efforts
    3. Hunnusunnu
      Hunnusunnu
      sOmmi. Many thanks for great posts. I am a developing option trader. Can you please clarify this? Back in 2013 you said "the most obvious one is they are all spreaders" in the thread :The top 3 guys who make over 1 million a year at my firm... spreaders as in option vertical, calendar spreaders or bid ask spreaders? How do they do it?
    4. tradingthehighway
      tradingthehighway
      Hi S0mmi what formula should I use to chart the US 10 yr vs US 2 yr spread on CQG ? Im sorry as I cant pm u
      1. s0mmi likes this.
      2. s0mmi
        s0mmi
        Find the proper ratio from the CME Website... I think it's 4:1 or 2:1

        I think it's
        4*TUA-TYA

        If thats still the ratio
        May 29, 2019
        tradingthehighway likes this.
    5. X.Trader
      X.Trader
      Hi s0mmi. Please private message me as I cant use the function yet. I've got something to share
    6. Rammus Jungle Trader
      Rammus Jungle Trader
      Hey Sommi the beast,

      I've been trading at a prop shop for about 10 months now, and the journey has had its highs and lows. I dont know anyone that trades the German schatz/bobl/bund, with no one to take the journey with. From what I've read its 1/6/5 for the schatz/bobl/bund hedging rato. I dont know how to chart it either, I've been experimenting. I'm Just lost and I don't know where to start
      1. s0mmi
        s0mmi
        Hey bro the Ratio for that fly (DV01) can't be 1/6/5 because the 2yr bond has such a d0gsh*t price.

        What firm you at, what do you trade? If you are 10-months in and its not too late ,you might have to start looking at better ways to make money (e.g. trading outrights, go off market profile).

        Fighting spreads in todays market is suicidal if you dont have a giants shoulders to stand on.
        Sep 21, 2018
      2. Rammus Jungle Trader
        Rammus Jungle Trader
        Hey Sommi,
        Thanks bro, yeah FML bloomberg is useless. Trading spreads is definitely difficult in the bank bill market. I prefer if we could talk on discord my name is immiscible#1909. Ill be more then happy to talk tonight :) Thank you Sommi, you are one the only honest people here.
        Sep 21, 2018
    7. Zake
      Zake
      Hi S0mmi, what are you thought on Star Beta? Are they legit? or should I apply for Propex instead?
      1. repco_yeoh and s0mmi like this.
    8. soapmaker
      soapmaker
      Hi s0mmi, I've read a few of your posts on propex and a few on aliom before they merged with epoch to become genesis prop trading; I was wondering what your thoughts on genesis were and if you would recommend either propex or genesis for me? (I was successful in both my applications to their trainee program, just not sure on which to side with).
      1. s0mmi
        s0mmi
        Check your PM for the honesty and truth
        Jun 23, 2017
      2. David_Baxter
        David_Baxter
        Go Genesis.
        Jul 12, 2017
    9. protaray
      protaray
      Hi S0mmi, i just start prop learning how to trade bills, and 3-10years in Aus as well, i m very interesting about the spreading part, is it possible to get your email contacts so i can ask u ?
      1. s0mmi likes this.
      2. s0mmi
        s0mmi
        s-a-b-d-o-w-@ g-m-a-i-l-.-c-o-m

        remove the hyphens
        Apr 11, 2017
    10. trade2win
      trade2win
      Hi
      I am a prop trader for the last 10 years in the UK but I am looking for new spreads - do you still trade the BUND v OAT ? How do you find it? I have been trading it for a couple of months
      Cheers
      Rob
      1. s0mmi likes this.
      2. s0mmi
        s0mmi
        Sorry for the 1.5 year reply

        Bund vs. OAT I do not recommend because their underlying fundamentals come from political risk divergence, but all relate to the same Euribor interest rate pricing.

        If you have access to some exotic interest rate data (like bloomberg or the CQG alternative price feeds) then we can work something. You would need the different yields for France and Germany using hte same coupon rate
        Apr 11, 2017
      3. s0mmi
        s0mmi
        I strongly advise to stick to same-country curves. Europe is a piece of shit and the whole contintent is basically f*cked. Do not play around cross-country stuff there

        Stick to germany, stick to the UK, theyre fine :)
        Apr 11, 2017
      4. s0mmi
        s0mmi
        P.S. The reason why I say dont touch italy and france and the rest of the pieces of sh*t is because their spreads go from 10 tick ranges to 200+ tick blowouts. We're talking like 10-20 sigma events out of nowhere, for NO REASON. Theyre all dodgy institutional pieces of sh*t as Bonds
        Apr 11, 2017
  • Loading...
  • Loading...
  • About

    Home Page:
    http://
    Occupation:
    Futures Trader