I am a long term commodities buff but have been out for a while from the "Ferrari" of the speculation while me and a few million others were engulfed in the Nasdaq wonder years. I now opened an account with IB and will fund my account for US futures. My question is this - if you do similar stuff - like trade spreads on financials and currencies (which I intend to do) give me some pointers. Any good book or newsletter(on the cheaper side) etc. etc. I know 90% of the spread guys out there are Ag buffs and prefer the seasonals from the financial side. I don't know live-stock from preferred stock so I will stick to finance for now.
hi there, While this may fall into the category of meats and grains, we do offer a spread service that has done well and touches financials as well. http://www.e-futures.com here is the next one: Buy Sep 01 British Pound(IMM) / Sell Sep 01 Canadian Dollar(IMM) Enter on approximately 06/28 - Exit on approximately 07/23 Percentage Correct 87 Protective Stop (1199) Average Profit on Winning Trades 1441.54 Winners 13 Average Loss on Trades -2453.12 Losers 2 Average Net Profit Per Trade 922.25 Total trades 15