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I'm not sure I buy that. I suspect there's selection bias in these anecdotes we here. For the lucky few turning 100k into 200k... if they are lucky 3 years in a row, they're at $800k... and now they're likely to blame scalability when "luck" turns.

I'll answer that with a straight face. Yes, I think it's possible. See previous mention of heading to Vegas and betting on black. Leverage is all it takes to get 200% annual returns... once. As far as consistently getting 200% returns.. or even 100%.. or even 50% (unless your name is...

Wow. I looked at this thread yesterday, giggled, and then moved on. I assumed it was some random poser. Now that I see it's jinxu... I'm positively laughing out loud. I have to say, calling out a guy for a divorce is really plumbing new lows even for you, jinxu. Here's my system for a...

Difference between CME equity membership (requiring CME shares - anywhere from 300k-1 mil in cost) and CME trading membership... Which does not. I have no idea what you're referring to: 250k at risk, etc. Doesn't sound like a hedge fund structure, in any case.

It says it clearly on the CME site. Exact rule differs from exchange to exchange. In the CME, look at 106.H trading and 106.J equity memberships. It explicitly talks about funds and pools. CBOT would be 106.S membership.

Clear/Sprint 4g is flat rate.

Yea, it can't be possible to get individual fees while giving up to a corporate account. If that was possible, there would be no corporate members.. ever. I was just confused by language in the CBOT fee schedule that said "rights of individual executing the trade".

This *would* be tax evasion. Now, on the other hand, trading futures in an IRA is very straight forward. I've used both Equity Trust and Millennium Trust as custodians, and I strongly recommend the latter. Their customer service isn't great (get ready for long hold times), but they are...

I'm moving forward with the CME/IOM membership application... I'm just glad society has given me a chance to redeem myself after those fraud convictions a few years back (kidding, kidding). I'm still looking at CBOT. The "hedge fund" requirements are pretty steep... I have to own a B-1...

Curious, does anyone know whether the CME Audit Committee actually rejects corporate applications? From the membership form: "CME staff will consider the applicant’s business reputation, financial resources and member firm trading activity in approving the applicant. CME reserves the...

Been trading no problems since 6 pm EST, as usual.

An equity option = 100 shares... with a stock trading around $30, that's equivalent to $3000 face value. A soybean option = 1 futures contract... which, at the present, is around $70000 worth of face value. So, take that into account when looking at your commissions.

On my CLEAR 4g... At my house, I get a weaker 20% signal. 2.1mbps down, 450kbps up. At my in-laws, I got a nice 4 bar signal. I had around 3.5 mbps down, and still 500 Kbps up.

Good point. I'm actually still about 75% of assets, so paying out of pocket (thru management company) isn't a bad idea... That's the model I was assuming. I'll have to check with my accounting/legal team about having the fund pick that up instead.

They have $5b in AUM, and you can't put that to work in a single strategy. Like most other similar funds, they have tens of separate teams running their own book.

And let me also ask a question about ICE membership too... I asked ICE directly about this a year or so ago, and they basically said no one is buying ICE memberships any more. It's meaningless. But it looks to me like... perhaps I can still lease a license from an old NYBOT member, and take...

Hi all, Just for those who don't know, I'm from way outside the industry... didn't trade my first futures contract until 2 years ago. So, I'd appreciate input from those with greater experience. I'm contemplating exchange membership for my commodity pool. I'm trying to work through the...

One of the most liquid OTC derivative markets out there is in the trading of CDS: ChuckNorris Death Swaps. ... It's Friday afternoon, nothing better to do.

These guys aren't here to provide beta. If you want to beat the market on a strong year, then you can just buy/hold SSO. When evaluating these funds, you really have to look at risk-adjusted returns. You should look at these funds' draw-down in May/June, for example. Look at Millennium...

When he heard Chuck Norris was hanging around, vega jumped on the first bus out of town.