Recent content by moneyrules

  1. M

    1/4% Tax on all stock trades pushed in NY Times today

    The government needs the money to regulate, investigate the market from abuse and market corruption. The SEC only has a 500 million dollar per year budget and CANNOT investigate every complaints of fraud, frontrunnin and prosecute EVERY market violations. plus the legal fees. The people...
  2. M

    Cme - Income Collapses 42% -

    The cme didn't even have afterhours trading for futures before 2000. There is no market reason to even have afterhour trading. In some exchanges, the market is open for 4 hours per day 5 days per week. There is no reason to have 24 hour trading other than taking bets or getting volume and...
  3. M

    Cme - Income Collapses 42% -

    The reason for the rise of CME and futures since 1998 was the repealment of the volker rule which allowed banks to participate in the futures,options, forex, and stock markets and banks tradin g their own account. The volker rule prohibits banks from participating in the futures,stock...
  4. M

    I am searching for a prop firm

    Why would a prop trading firm or anyone let you trade their account to lose money??
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