This topic will be on futures spread trading. I don't know much about it. But, I'm interested to learn more. Some of the resources on futures spread I've found are: Joe Ross Daniels Trading What I Learned Losing A Million Dollars (a spread trader) Futures spreaders go long/short different months of the same or related contracts. It reduces margin requirement, volatility, etc. Those are the claims. Spread traders tend to favor the commodities (i.e grains, oil, etc) over the financials. Although, I did read 1 article over at Daniels about spreading the ES to reduce commission. Spread traders often try to take advantage of seasonal effects, technical analysis, or other inefficiency. Some automated traders arbitrage these spreads. But, these arb opportunities are only said to exist for microseconsd. One arb software is Orc and they have a few articles about it. Anyone who trades futures spreads here want to comment? I'll be sharing what I learn as I go through this process. I don't spread trade at this time. We may want to look at portfolio, analysis theory, correlation, cointegration, and other factors. I may develop and share some spread ideas here. I never share my current edges but this is something I don't know: so I might be willing to develop an edge and give it away. If we have a decent interest in this topic, we'll see. I am interested also in reverse spread trading: that is traditional portofolio analysis theory. If we can find markets with high sharpe ratios and low correlation, it might be possible to momentum trade them with less risk then an outright position. PS: Bone don't bother to reply. You're on permanent ignore.