If there are any current or former 10 yr note pit traders out there what were the three big numbers or items that you tracked/referenced while trading? (in order of importance) (eg: on-the-run cash yield, futures price, 2-10 spread) Also, if you have transferred to the screen, what charts and quotes do you track? (eg: daily futures bar chart, current yield curve, possible 2-10 spread symbol? etc) Thanks, Paperclip
not sure how many out there will be willing to give away secrets for free to a newbie but there is a book about the life of a legendary 30 yr pit trader out there ... it does have a short interview or rehashing of a lecture he gave while he was alive ... Charles DiFrancesca otherwise known as Charlie D
Seth, I wasn't clear enough. I'm not looking for 'secrets' (lol) :- Just the basics, like in screen trading equity futures I would tell people to watch the SP futures price, SP index value/prem, vix, tick, (in that order IMO.. for me anyway), and keep an eye on the dow futures and major high cap issues cause sometimes theres a high cap leader or two, and so on... Just basic stuff on what it is they track, and what they would load as 'must haves' on a screen. Surely there must be some bond floor traders or experienced screen traders around?