Some great posts guys, keep them coming--I will reply to them with comments and questions later in more detail. Just an update right now on my simulated trade. S&P got sold a few minutes ago but the NDX remains firm for the moment, so the spread continues to widen, and the trade becomes more profitable. I do like the fact that I'm not concerned with a single market's direction, but the relative strength of the two.



I really look forward to the webinar presentation you have coming on this subject. It seems to me that with a trade going into a reasonable profit, it would be an opportunity to do a scale/leg. Just like in an outright trade, I would guess that I could get some profit and better my average by maybe selling one of the NQ contracts at this point, and then if the spread narrows a bit, adding one back in. Or something similar.

Spread traders, is that the kind of thing you would look to do at this point?