[mrbaseball]

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Best Trade? Worst Trade?



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Hard to say really? I have had so many trades in so many different situations. The one that strikes as the worst was the very first day of a speculative basket of spreads we decided to try. It took me 6+ months of rigorous backtesting and many meetings with the partnership hierarchy before the greenlight. On the very first day we sold 100 cotton spreads and that trade lost 100K by the close. It was part of a bigger basket though and eventually it became a very profitable strategy before the trade eventually dried up.

Best? Not really sure again but probably not a profitable one. Probably covering options shorts before a volatility explosion back in my market making days and staving off armageddon. The best trades are the ones where you dodge bullets and don't get rolled over.