Recent content by VoodooMMI

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    Hitler event imminent in Europe

    It just happened! See http://www.youtube.com/watch?v=eVB-SSkkLnY
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    Is IB safe enough to use as a bank for > 500,000 USD?

    I think Fidelity Investments' brokerage account has some nice safeguards. In 2008 when Lehman went bankrupt and one money market mutual fund, (not a Fidelity fund) lost 3% I moved my cash from Fidelity Cash Reserves money market fund FDRXX to the Fidelity US Treasury Money Market Fund FDLXX in...
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    Anyone pulling money out of MF Global?

    All MF Global Funds Accounted For, Held by Brokerage http://www.bloomberg.com/news/2011-11-01/all-mf-global-funds-are-accounted-for-lawyer-tells-u-s-bankruptcy-court.html
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    Laptop RAM

    Go to http://www.crucial.com/ to verify the specifications of the RAM needed for your computer. Once you know the specifications, shop around a little online. Prices vary a lot. One place where I like to buy a lot of computer stuff is http://www.newegg.com/ Voodoo
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    100% Winners - Is This Arbitrage Stuff For Real?

    I don't know. I don't bet on sports. I'm just saying that you need to make sure your calculations are correct. I do know that for many trading opportunities that look like arbitrage at first glance, after you include bid-ask spread, commissions, vigorish, etc there's no profit left. And that...
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    100% Winners - Is This Arbitrage Stuff For Real?

    Any arbitrage opportunities would have to be large enough to overcome the vigorish. See http://en.wikipedia.org/wiki/Vigorish
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    Time is on Your Side - SPX Calendars

    Why not use the SPY weeklies instead. I prefer trading SPY options over SPX options because the SPY options have tighter spreads and more competition between exchanges. A few minutes ago I got a quote on SPX110416C1300 which was 18.00 to 19.40 with one routing choice, CBOE. Then I got a quote on...
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    Loss $1000USD when I deposit in Tradestation

    There are many places to convert one currency to another and it's the competition between these participants that can help you get a good deal. Before wiring that amount of money, I'd check on the fees involved and more importantly what exchange rate I would get. If not a firm exchange rate at...
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    How to Protect Your Income from Taxation?

    To compare countries in terms of levels of economic freedom, including tax burden, I like this site http://www.heritage.org/index/ The top 3 countries with the most economic freedom are: 1) Hong Kong 2) Singapore 3) Australia The United States is number 9. "U.S. tax rates are...
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    Schedule D

    http://www.irs.gov/publications/p550/ch04.html Straight from the IRS See the "Wash Sales" section
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    Market Order or Limit Order

    Actually the fills in this instance depend on how many shares the buyer wants to buy and how many shares are offered at each level. For example, if the buyer want to Buy 10,000 shares with limit of $10.26 or better and the following stock is offered: 1000 at $10.01 2000 at $10.05 1000 at...
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    Market Order or Limit Order

    Experience will be your best guide. Use your best judgment. You may want to use any one of those 3 choices. Your trading strategy, style, particular stock and many other things may influence which one you want to use. Experiment and you'll find some personal generalized rules that work well for you.
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    Market Order or Limit Order

    NFLX is a very fast moving stock. Buy at Market and Buy with a Limit equal to the Ask are not the same. Which to choose depends on your trading style. For me, I would only use a Limit order to Buy because I want to specify the maximum price I'll pay not let someone else decide the maximum price...
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    Market Order or Limit Order

    Both types of orders have their uses. It depends on your style of trading. For my swing style of trading, I use Limit orders 99% of the time. Why? Because when I use a Buy Limit order, I'm deciding the price I'll pay, with a Market order someone else is deciding what price I'll pay. Stocks can...
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