My partner and I are both spread traders. Spread trading itself is nothing new, it involves simultaneously buying and selling two related assets, like gold and silver. I met my partner at the beginning of 2024, and since then, we've been sharing our individual strategies with one another. By combining our insights and approaches, we’ve worked together to develop a more refined and comprehensive strategy for executing spread trades. In June 2024, we opened an account at Kyobo Securities with a balance of 40,000,000 Korean Won, which was approximately $29,500 at the exchange rate at the time. So far, we've primarily been active in one of the main Korean futures communities, where we've been sharing our results and trades in real-time. We now wanted to share our results even outside Korea, which is why we're starting this journal thread here. Here's our results so far month by month: June 2024 July 2024 Aug 2024 Sept 2024 Oct 2024 Nov 2024 Dec 2024 Jan 2024 Feb 2024 Not Completed Current Positions Withdrawals: Here's the summary: P/L has been positive for 8 months. Feb 2025 is yet to be completed but we might be suffering a small loss. Average monthly gain is 6.8% so far. We will be sharing on this thread when we liquidate current positions and/or enter new ones.
A little update to the current positions: Sold 6 contracts of British Pound M6BH25, Price 1.2641 Bought 3 contracts of Euro M6EH25, Price 1.0477 Current positions P/L: -10,714 Korean won about -$7
I too have been working with spreads since 2022. I have developed several algorithms around this. Congratulations on the performance
In my opinion, spread trading is the safest form of trading—it’s as close to risk-free as you can get. While you might not see 50% or 100% gains in a few weeks, you also won’t experience -50% or -100% losses. Additionally, with spread trading, you don’t need to make numerous trades each month. The key IMO is to consistently aim for 1-5% returns per month without suffering too much with drawdowns. Once you’ve achieved that, sufficient capital will do the rest. Thank you for the congratulations as well, but we still have a long way to go.
Apologies, let me rephrase that. Spread trading in pairs, e.g selling overpriced gold and buying underpriced silver is far "better" than simply taking a long position in Nasdaq futures or a short position in S&P futures.
Added 1 contract of FGBLM25(LONG) and OATH25(SHORT) each. SILH25 switched to SILK25 Current balance: -1,388,519 Won, about -$1000