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Search: Posts Made By: myrrdin
Forum: Commodities May 4th, 2021, 08:54 AM
Replies: 280
Views: 59,495
Posted By myrrdin
I never had a look at these spreads. For...

I never had a look at these spreads.

For difficult questions to to the helpdesk of IB it often helps to send a message via the message center. It takes a while, but usually you will get a good...
Forum: Commodities May 2nd, 2021, 01:51 AM
Replies: 280
Views: 59,495
Posted By myrrdin
Almost all spreads can be traded as single ticket...

Almost all spreads can be traded as single ticket spreads in the TWS. The charts of these spreads can be displayed. Exceptions (as far as I know) are spreads, where both legs are traded at different...
Forum: Commodities April 27th, 2021, 11:13 AM
Replies: 280
Views: 59,495
Posted By myrrdin
I generally like bear spreading the hogs in...

I generally like bear spreading the hogs in summer and fall. This year I entered the trade early, as the LHG-LHV was extremely low a couple of days ago.

This trade is a classical seasonal trade,...
Forum: Commodities April 27th, 2021, 01:46 AM
Replies: 280
Views: 59,495
Posted By myrrdin
I am a discretionary trader and not a system...

I am a discretionary trader and not a system trader. I decide on the style for each trade separately.

Seasonal charts are only one element of the basis of my seasonal trades. I also have a look at...
Forum: Commodities April 26th, 2021, 04:45 PM
Replies: 280
Views: 59,495
Posted By myrrdin
I decide about the stop when I enter a trade. In...

I decide about the stop when I enter a trade. In this case I chose a narrow stop, because the spread already had moved far, and I considered the profit potential to be limited. Risk and profit...
Forum: Commodities April 26th, 2021, 04:41 PM
Replies: 280
Views: 59,495
Posted By myrrdin
I prefer futures spreads in case I expect a large...

I prefer futures spreads in case I expect a large movement of the spread.

I prefer options in case I expect side wards or small movement.

Best regards, Myrrdin
Forum: Commodities April 26th, 2021, 03:00 PM
Replies: 280
Views: 59,495
Posted By myrrdin
Stopped out of the RBN-HON with a small loss at...

Stopped out of the RBN-HON with a small loss at the close.

Best regards, Myrrdin
Forum: Commodities April 26th, 2021, 02:13 PM
Replies: 280
Views: 59,495
Posted By myrrdin
There is a trade suggestion of MRCI that I like:...

There is a trade suggestion of MRCI that I like: LCM-LHM from end of April until early June.

The spread only follows the seasonal chart for some weeks. But the spread is overextended to the short...
Forum: Commodities April 26th, 2021, 05:51 AM
Replies: 280
Views: 59,495
Posted By myrrdin
Yes, I agree, the entry price for the RBN-HON is...

Yes, I agree, the entry price for the RBN-HON is quite high. Thus, I intend to take profit rather early.

Currently, I do not want to be short CL. Thus, I do not intend to enter the CLZ-CLN.
...
Forum: Commodities April 25th, 2021, 03:45 PM
Replies: 280
Views: 59,495
Posted By myrrdin
I did not trade seasonal intra-commodity spreads...

I did not trade seasonal intra-commodity spreads in CL, NG, or HO recently. One other spread, I traded, was the RB-CL. It also follows the seasonal spread nicely since the end of 2020. The data...
Forum: Commodities April 25th, 2021, 02:36 PM
Replies: 280
Views: 59,495
Posted By myrrdin
Initial margin at IB is approx. $2000 per spread....

Initial margin at IB is approx. $2000 per spread.

Data for the July spread, which, according to MRCI, should run for about 8 weeks: According to MRCI, average profit since 2006 is approx. $4000,...
Forum: Commodities April 25th, 2021, 01:02 PM
Replies: 280
Views: 59,495
Posted By myrrdin
One of the seasonal trades working well this year...

One of the seasonal trades working well this year is the RB-HO spread. The actual chart follows the seasonal chart nicely for quite a while.

I had exited the trade using the May contracts in the...
Forum: Commodities April 22nd, 2021, 02:04 PM
Replies: 280
Views: 59,495
Posted By myrrdin
My experience in trading futures spread...

My experience in trading futures spread butterflies is very limited. I am sure SMCJB can contribute significantly more than I can.

Best regards, Myrrdin
Forum: Commodities April 22nd, 2021, 08:00 AM
Replies: 280
Views: 59,495
Posted By myrrdin
To be clear: I am talking of option butterflies....

To be clear: I am talking of option butterflies. I rarely trade spread butterflies. Thus, the following comment is not a direct answer to your comment.

Whereas I consider OTM option selling as...
Forum: Commodities April 22nd, 2021, 06:24 AM
Replies: 280
Views: 59,495
Posted By myrrdin
Yes, I trade butterflies. Currently I hold...

Yes, I trade butterflies.

Currently I hold the NGK C2.5/-C2.6/-2.75/2.85 , which will expire next week.

Best regards, Myrrdin
Forum: Commodities April 22nd, 2021, 06:22 AM
Replies: 280
Views: 59,495
Posted By myrrdin
Trading butterflies is an interesting strategy if...

Trading butterflies is an interesting strategy if you think to know how the underlying will be priced in a month or two.

Best regards, Myrrdin
Forum: Commodities April 20th, 2021, 03:46 PM
Replies: 280
Views: 59,495
Posted By myrrdin
As I mentioned before, 2020 was a very difficult...

As I mentioned before, 2020 was a very difficult year for seasonal trades because of COVID 19. Seasonal trades should come back in a couple of months.

Examples for popular spreads, which are...
Forum: Commodities April 20th, 2021, 12:55 PM
Replies: 280
Views: 59,495
Posted By myrrdin
Currently, I do not hold any trade that is fully...

Currently, I do not hold any trade that is fully based on seasonal data. For more than a year, the consequences of COVID 19 overlap seasonal effects. If you look at the seasonal charts there are not...
Forum: Commodities April 20th, 2021, 11:11 AM
Replies: 280
Views: 59,495
Posted By myrrdin
I never measured statistical performance for my...

I never measured statistical performance for my own trading systematically. I check, if the profit is satisfying, and this is it. But on the MRCI-site you find somewhere the profit you would make in...
Forum: Commodities April 19th, 2021, 04:03 PM
Replies: 280
Views: 59,495
Posted By myrrdin
I am still doing quite a lot of seasonal trades....

I am still doing quite a lot of seasonal trades. But as I did not receive many answers to my comments regarding trades, I stopped posting them. But of course I can begin again. I would prefer posting...
Forum: Commodities April 17th, 2021, 06:45 AM
Replies: 280
Views: 59,495
Posted By myrrdin
I suggest you contact MRCI. They respond very...

I suggest you contact MRCI. They respond very quickly.

Best regards, Myrrdin
Forum: Commodities February 19th, 2021, 09:55 AM
Replies: 280
Views: 59,495
Posted By myrrdin
MRCI suggests entering the NGX-NGK and the...

MRCI suggests entering the NGX-NGK and the NGZ-NGM spreads in the second half of February or first half of March, respectively.

There is a good relation between "Best Equity Amount" and "Worst...
Forum: Commodities January 19th, 2021, 01:26 PM
Replies: 280
Views: 59,495
Posted By myrrdin
That sounds very reasonable. IB is usually a...

That sounds very reasonable. IB is usually a little bit higher than SPAN, with some exceptions: E.g. for naked short options they are much higher.

Best regards, Myrrdin
Forum: Commodities January 19th, 2021, 04:45 AM
Replies: 280
Views: 59,495
Posted By myrrdin
Spread margins at Interactive Brokers are...

Spread margins at Interactive Brokers are significantly lower than at Saxo Bank.

It seems to me that Saxo Bank is more interested in day traders, using CFDs or outright futures.

Best regards,...
Forum: Commodities January 18th, 2021, 11:36 AM
Replies: 280
Views: 59,495
Posted By myrrdin
The NOB spread 5 ZN - 2 ZB can be traded at IB at...

The NOB spread 5 ZN - 2 ZB can be traded at IB at a margin of $4500. This is a reduced margin compared to the margin for 2 outright ZB futures.

Best regards, Myrrdin
Showing results 1 to 25 of 102

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