Recent content by Shirak

Interactive Brokers Friends and Family Account.

Find an arcade, trade there and enjoy. Or, teach people how to trade, especially friends. One of the reasons I picked up trading was, not only could I help myself, once I do that, I could help people I love.

Can't help but add on to this discussion. IMO, in order to be a profitable trader, a person should be able to NOT USE STOPS. But that statement itself is superficial and does not expand much. There is something deeper. What I mean by this is that, a trader should be trading such a...

With 2/20 fees, AUM 10, 000, 000 USD 20% return 2% AUM fee = 200, 000 USD 20% performance fee = 400, 000 USD. Total Earnings = 600, 000 USD. That is pretty decent earnings. With 10M AUM you don't have that large of an expense. Let's say; Rent TT Bloomberg Overall your...

I just switched from the iPhone 4 to a Samsung Galaxy S2. Get the S2.

Go with the IB Friends and family account first, once you hit the limit of 15 accounts, then move on to forming an LLC or LP. You should review your pay schedule and make it 2/20 or something more conventional.

Great decision. All the best to you.

great thread. our physical health is paramount to our mental health. Eating frequent and regular meals also helps. Just found out about that.

The ones that lose sight of their goals, well that means that they aren't driven. No help for them. I've been in line with my goal since I first wrote it down at 16.

The arb that I'm talking about is cross exchange, with a currency component. In essence, a 3 legged spread/arb. Holding periods are not in minutes and therefore excel is possible. No worries. :-)

Relax on the hostility, I have not professed any knowledge nor offered any advice on any subject. I just stated that there are arbitrages, to MY knowledge of what an arbitrage is.

Yes there still are.

Thanks guys for all the replies. Travis, I understand the power of VBA and in fact have used some excel spreadsheets to do an arb via TT. In fact I think VBA should be able to handle what I need and I look forward to learning from you.

Hi guys, I just wanted to share a book that I found recently. Outwitting the Devil by Napolean Hill. It's very good and I recommend it to everyone out there.