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    All market gains since 1993 have occurred after hours

    Actually the study doesn't say that at all. Everyone here is getting frustrated with you because you're not grasping what the data actually says. How about we do this, I will find a single week in the past 25 years (in your referenced data set) where the market gains during that week all...
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    All market gains since 1993 have occurred after hours

    Sorry to go in somewhat of a tangent, but a question has been asked a few times here and never really answered about how much of the theta of an option decays throughout the 24 hours of the day. This would seem to indicate it should decay more during the close to open period then it does during...
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    Weekly vs Monthly Options

    Actually I just wanted a pretty good hedge and got a not quite as good one when I first discovered this back in the day. Luckily it was a cheap lesson in both settlements and learning about what you don't know you don't know!
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    Weekly vs Monthly Options

    As long as you aren't holding into expiration and more importantly not hedging something else with it you're right, it's a second order issue. It really bites you if you think you have a perfect hedge and you don't.
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    Stupid PhD

    You don't "get practice" doing an M&A or programming low latency embedded programming or managing other people's money without having proven you have the intellectual horsepower and willingness to dedicate yourself to that pursuit. A PhD or MBA are convenient signaling of that ability. And you...
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    Weekly vs Monthly Options

    I'd recommend reading the settlement process. Basically they take the first trade price of every stock in the index so if a stock doesn't trade until 20 minutes into the session and the index has moved alot, that stock (and others like it) will lead to unexpected results on the settlement price...
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    NADEX Trial

    Actually max you'd need would be a shade under $5,000 only if you bought something way in the money for binaries.
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    NADEX Trial

    Were you trading more than 50 (or 200 for one market maker) contracts at a time? If not, and you don't anticipate doing so, then no worries, it won't impact you. If you are planning on doing that though, just be aware that once you burn through whatever the MM has on offer/bid they open their...
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    NADEX Trial

    Keep in mind when you go to live that nearly all the Nadex volume comes from market makers. So if the market is 50 on each side, that's all you're going to be able to get at that price. If you hit the 50 that's there, they open up the spread. You won't see that on demo.
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    Weekly vs Monthly Options

    And "AM settled" doesn't just mean it settles in the AM, it also means they use a potentially non-intuitive method of settling which means the settlement can be a price that the index never trades at that day.
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    Internet Outages

    Depends who your broker is. You might be on hold for a long time, since they generally don't really need to be 'old style' in 2019 so they don't have rooms full of brokers manning the phones.
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    Stupid PhD

    I say this without judgement and as much humility as possible, quit drinking. Seriously, I did about a year ago and it seriously boosted my productivity during the 95% of the week that I wasn't drinking (not to mention the 5% when I was). This is operating on the assumption that you're not an...
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    Towards A Globalist Utopia: "Negative Rates Are Coming, Whether You Like It Or Not"

    I stand corrected! Thanks. I must have been just been paying attention to the ECP program:D
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    Towards A Globalist Utopia: "Negative Rates Are Coming, Whether You Like It Or Not"

    So to be clear, IB doesn't charge you to hold Euros or CHF, right? If you opened a Euro or CHF denominated account and parked your Euro's or CHF in that account you wouldn't be charge any more than the regular account fees. If you want to hold a long Euro or CHF and short dollar position they...
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    Interactive Brokers’ Stock Yield Enhancement Program (SYEP)

    If there was actually a market that allowed you to buy SSF's, then absolutely. It's one reason I wish they'd give up on this whole asinine "we don't want liquidity" bullshit that they seem to have embraced (based on what their rep here has posted) and try to actually be a functioning market. As...
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    Interactive Brokers’ Stock Yield Enhancement Program (SYEP)

    Except that if it's hard to borrow you could generate a synthetic position with options that got you the entire borrow rate and ensured that you got that rate instead of depending on IB to choose to lend it out. And you lock in the rate. So it's really IB (and every other broker to an even...
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    Towards A Globalist Utopia: "Negative Rates Are Coming, Whether You Like It Or Not"

    "But there exists a splash of humble wit folks floating beneath the starry sky delighted by the victory of each one and beaten down none." A conspiracy theorist who thinks he's a poet...how precious.
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    The ETF Tax Dodge Is Wall Street’s ‘Dirty Little Secret’

    Not sure what it would get you? It is a way for the ETF itself to unload appreciated stock without triggering a tax liability for the ETF. It doesn't benefit the bank who takes on the stock, except that the ETF essentially owes them a favor for it. Not sure which part of the transaction you'd...
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    Theranos - fraud

    I got your point. I'm calling bullshit on your completely unsupported assertion that Stanford has "female quotas". First off, it simply doesn't, and I'd welcome any experience or evidence you have to the contrary? More importantly, think about what you're inherently saying there. Stanford...
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    Six biblical truths about money...

    Let's see here https://www.elitetrader.com/et/threads/apple-remembers-ge-issues-credit-card.331158/page-2#post-4831695 https://www.elitetrader.com/et/threads/six-biblical-truths-about-money.331077/ Do I need to go on? As many posters have pointed out, reading comprehension isn't your strong...
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