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    What if in 100 years, robots can do all the work.

    How many hours a week did your grandparents work? Did they enjoy 40-hour workweeks, and did they get to enjoy 20 years of retirement as most of us do today? Technology and productivity improvements have improved our lives dramatically. My prediction is that this trend continues and that in...
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    Exercise Call, Buy Stock and Sell Immediately

    Automatic exercise would come to play, if you ended up ITM. If the stock is shortable, you can sell short at any point (or price) you'd like and "lock in" your exit... you don't need for expiration. When your call is exercised into a long position, it automatically cancels out the short...
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    Deducting trading expenses?

    Jim, Very much appreciate the insight. I do make significantly more from my regular job... sounds like I'll have to setup some kind of corporate entity (next year?) for this. I've been contemplating registering as a CPO forsome time, so maybe I'll go after both birds with one stone. As...
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    Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

    Uh, why would I assume his tip was based on insider information? On the other hand, when the head of Intel Capital's treasury department tells me about an investment venture that's about to close... when I pay an associate at Moody's for information about an unannounced acquisition... I would...
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    Dalian Commodity Exchange, China

    Don't mind me, I'm just going to use this thread to collect some online stuff I've always wanted to research. Downloadable trading software front-ends, courtesy of CITICS, China Futures Co, Ltd.: http://www.cfc108.com/Service/SoftDown.php
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    Dalian Commodity Exchange, China

    According to Sohu, most popular commodity contracts in China include: http://money.sohu.com/s2008/7282/s257735449/index.shtml Dalian - Soybean: A, 10 tons/contract, priced in RMB per ton, 5% margin. (Clearing fee: 4 RMB) Dalian - Soybean Meal: M, 10 tons/contract, priced in RMB per...
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    Dalian Commodity Exchange, China

    I'm very, very interested as well. The volume they're doing in soybean is also catching up to Chicago.
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    NYMEX floor broker?

    Thanks guys, very helpful. I was given numerous references, and have already found someone able to take my trades. Give-ups are in place.
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    Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

    Wow. Reading through the complaint... it's ridiculous how completely widespread the insider trading is. And it's clearly not limited to just this guy. It makes Gordon Gekko's Rolodex look weak by comparison...
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    Deducting trading expenses?

    As would my wife!
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    Deducting trading expenses?

    I think the Fairmark link above presents exactly how many CPAs, including my own, see the trader election issue: "Many individual investors . . . want to take the position that they are full-time traders for tax purposes so that they can deduct their expenses and elect section 475(f). . . ...
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    Deducting trading expenses?

    Awesome feedback, much thanks.
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    Deducting trading expenses?

    Hi all, I've been trading "full-time", but not really for the last year. I have automated code executing 24/7, and trade about 1000 contracts a month. However, I also have a full time job in a different career. I've been told by my CPA (who seems competent, but doesn't specialize in...
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    OJ Calls

    Cocoa has a pretty nasty b/a spread. There are also few locals in the pit, and relatively low volume... so if you want to get filled, you can never split the spread. I've had to hit the bid/ask more than a few times, even with time to work. Sugar has a nice tight spread. Coffee's alright...
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    NYMEX floor broker?

    Just typical products... CL, HO, RB. I'll PM ya, thanks.
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    NYMEX floor broker?

    Hi there, I asked a question similar to this regarding CME/CBOT a few weeks back... didn't get much love. Let's see if you energy folks are friendlier. :) Anyone willing/able to share their NYMEX executing floor broker? I'm looking specifically for someone that I can trade with over...
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    NYBOT versus NYMEX

    Is this action going on OTC? Because I thought ICE published volume details on all exchange-traded instruments. This is what I've been looking at: https://www.theice.com/marketdata/reports/ReportCenter.shtml?reportId=35&productId=253&hubId=404 Based on trading volume looks like...
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    NYBOT versus NYMEX

    And another mystery from a newbie... why isn't there more exchange-based trading volume in other often-used commodities? Coal QL, for example... it looks volatile enough on a month chart. And it's certainly heavily used in the "real" world... why isn't there more trading going on?
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    NYBOT versus NYMEX

    You're right, I just realized WTI = CL. Wonder why both are so liquid? Why would one choose to trade one versus the other?
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    NYBOT versus NYMEX

    Okay, so I'm starting to figure this out. They have the same contracts, but really (nearly) all the volume is on only one exchange or the other: - heating oil, rbob volume is all NYMEX. - WTI, brent, gasoil are all ICE.
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