I don't mean to clutter the thread but you trade the VX curve and have no interest in trading the native spreads? It's hard to imagine that anyone "upstairs" would trade a VX synthetic when the native exists. Unless you are FIXed to the CFE and arbing the outrights vs the spreads for pennies there is zero reason to even quote the synthetic.
can anyone recommend a good book? not an instructional trading book, but just a solid book to read. could be philosophy, history, anything.
"Prague Winter" by Madeleine Albright "Team of Rivals" by Doris Kerns Goodwin best two books I read last year
Think Fast and Slow.. Daniel Kahneman i thought it was a good book.. kind of that Malcolm Gladwell thing going on .. like Blink
Well that's the point. How could he not know that the native spreads are offered in pennies? However he did take the time to call us out to correct us on our belief that native spreads were offered in pennies. Hmmm.
i closed the apr/may today at 0.68 in the morning. i made 0.15 on this one. not sure if i reported it, but i had lost 45bp on the feb/mar. i am off my high, but the account is still up 8% from the start of the journal.. soon enough i'll just start posting blotters/account balances since thats probably easiest way of keeping track of everything. -- oh and thanks for the book recs