Recent content by LondonUSTrader

http://www.tradingmarkets.com/authors/Kurt_Eckhardt I found all your articles to be excellent, good value. A pity you stopped writing them.

April 9, 2013 CFTC Orders Connecticut-based Interactive Brokers LLC, a Registered Futures Commission Merchant, to Pay a $225,000 Civil Monetary Penalty Firm failed to supervise its employees, failed to maintain sufficient U.S. dollars in customer segregated accounts, and failed to compute...

This assumes the strategies of successful traders rely exclusively on looking at charts. That's a big assumption, in my view. Since the beginning of the stock markets, people have made money trading manually. Over hundreds of years not much has changed in that respect. Technology is vastly...

Some interesting behaviour of traders at UBS was revealed in the recent trial... http://www.bloomberg.com/news/2012-11-21/adoboli-s-fate-decided-at-wine-bar-as-ubs-market-bets-unravelled.html I wonder how typical this is of IB traders generally? Anyone who has worked at a similar position...

Thinking about this more, here's a couple of ideas for monitoring financial health. Ratio of excess net capital to net capital required. It seems the better firms have excess net capital exceeding net capital required. According to my calculations in the current report the mean FCM had...

Yes, that was an obvious sign. However, I can't see too many signs of trouble in PFG's latest report. They had excess capital of $10m.

What aspects of the CFTC financial reports showed MFG in trouble or do you regard as particularly important as signs of trouble? Adjusted net capital? Excess net capital? Ratio between excess net capital/adjusted net capital and customers assets in segregation? Changes between...

I take your point. However, my response would be as follows. (1) I never requested my account to be moved to their office in Australia, this was done forcibly without my consent. (2) The securities regulations in Australasia are not different from Europe in this respect. The regulators...

Sometimes I move to different countries. Normally this is not a problem. Most brokers simply accept your change of address notification without giving you further hassles. However, I have now discovered that optionsXpress behave in an outrageous fashion if you move to Australia/New Zealand...

The answer is not a mentor, nor a job. The answer is you and the process. You need to understand the right questions first.

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