Nope. Long in one account, short in another is perfectly legal. There is no such wash rule in futures.
Depends on which entity holds the accounts. If same then it's self trading. Otherwise every hedge fund and especially hft firms would do it.
My point exactly, and they are not allowed to hold long and short positions simultaneously if the accounts are held by the same entity.
So they name one twiddledee LLP and the other tweddledum LLP. Big chit. As I said perfectly legal. That IS the point.
Sounds a bit like, "if instrument/equity moves x% in direction p is higher the move will extend itself". I think you can make your strategy simpler.
Yeah unfortunately, but that does not apply to retailers who are behind either accounts. And that was the thread topic.
Of course, he is simply trading momentum just does not realize it. All he does at the moment is overpaying commissions to his broker.
WTF are you talking about. An individual just like a hedge fund can have two separate accounts. I have, right now. You could too (wait you a Canucklehead, maybe not) if you stop playing with your pips and got real.