Recent content by theiguana

An "open mind" means having no ego and not being convinced you are right. Trading is difficult when you have pre-conceived ideas and have biases. True trading means you will buy in strength/sell in weakness and that's it.

I know Maverick Trading runs their trades through IB and has access to international markets. With their volume they have great rates. I trade with them and have no complaints. Worth a look

Maverick Trading is fine. I've been with them for several years. They are the only firm I have found that I can basically trade all the products I want. Seems like everyone else is equities only and the firms that do provide access to options (like echo, Nonco, etc.) don't have good platforms...

Spot on. Nice analysis

Nice observations. I am guessing less than 1% of the american population knows this

Checked out TM and Ninko as well. Looks OK

I agree with CMB. If you don't want to get registered, go with Maverick Trading. If you go with a registered firm, I would definitely go with Echo, T3 or WTS.

90% is a little big. If that happened, don't worry about your stock portfolio. Have guns, ammo and food

Totally agree with Darwin: "so . my conclusion is.- No free money... efficient market theory.. everything is priced in .. no edge. no gain. and unfortunately u will bleed thru commissions..."

It all depends where you are trading. At IB you can put in endless legs in a trade. The problem with this is in the end you have an incredibly wide bid/ask spread on the position and is unlikely to get filled. Exiting the positions in a hurry would be a nightmare and cause extreme slippage...

People have been skeptical of that growth rate for years. Electricity consumption which is a more true measure of growth has been about 3% over the past few years

Then, the real crash comes sometime in early 2014. But, what do I know. It's just a guess.

My call is that we will have a Bear Stearns like event over the next 1-2 months that will mark the beginning of the end. The PBOC will come in and soothe everyone's fears and the market will rebound

CME FX Options. Very easy. But, there are much better products to trading options than FX

In the end, it's a business and I wouldn't want any of these guys running my business. I'm sure they are brilliant but many brilliant people live in obscurity. Give me a cannabis company with a hard working business man who puts in 70 hours a week and that will be the one to buy