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Mar
1
comment Supply and Demand of Oil
@fRed: The curve is custom built. Standard data is published too late, revised too much, and includes what various countries "want you to know" (which is sometimes laughably unrealistic). The horizontal axis is cumulative actual production. What is shown for each data point is the average cost of production (it's really a distribution...lognormal...gamma...or whatever...stubby left tail, long right tail). And, you're right, if the Saudis offset the losses of others, the whole curve will shift to the right. Also, this is an overall curve. There's actually one for Brent and another for WTI.
Mar
1
revised Supply and Demand of Oil
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Mar
1
answered Supply and Demand of Oil
Feb
28
awarded  Scholar
Feb
28
accepted Price of Brent versus West Texas Intermediate
Feb
28
comment Price of Brent versus West Texas Intermediate
I looked at all sorts of schemes, both open ended and with a defined time frame. With all of the unknowns, the risk level was higher than what I normally mess with. So, I gave up. The spread is now 14.41.
Feb
26
comment Hedgefund-like behavior for covered call selling account?
I'd be careful mixing money and friends. You may end up with a choice of keeping one or the other. Common sense and logic aren't as common as you might think.
Feb
24
answered How do I incorporate time-variability in a pair trading framework?
Feb
24
comment Price of Brent versus West Texas Intermediate
The slop in option prices would force me to pick a time frame. I'm a bad time picker. The above spread was 13.23. It is now 15.01. Any "mean reversion" bet set yesterday is under a lot of water today.
Feb
23
comment Price of Brent versus West Texas Intermediate
WTI costs less to refine and "normally" costs a little more than Brent. A few months ago, as WTI stocks rose in Oklahoma, WTI's price dropped below Brent. With the current entertainment in the Middle East, there appears to be enough WTI. However, with the possibility of a loss of suppliers (that price with Brent), the price of Brent is moving up. Common sense says this will reverse, but when? And how? Is there a reasonable way to take a shot without getting your clock cleaned?
Feb
23
awarded  Student
Feb
23
asked Price of Brent versus West Texas Intermediate
Feb
21
revised What is a good broker for HFT?
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Feb
21
revised What is a good broker for HFT?
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Feb
21
comment What is a good broker for HFT?
@user40 You might want to rephrase the question as a Medium Frequency Trade. The term HFT has a fairly specific meaning. As far as a faster-than-IB retail platform goes, I'm not aware of any.
Feb
21
answered What is a good broker for HFT?
Feb
18
answered Innovative ways of visualizing financial data
Feb
18
answered How useful is the genetic algorithm for financial market forecasting?
Feb
16
revised Digital Signal Processing in Trading
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Feb
16
awarded  Supporter