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SHAK versus MCD; overlaid by SPY

Rogue SPOOFER ! :D

I wonder if the organic types will use GM pot...

Hey, now you've got an oregano alternative for that pizza.

Monsanto Develops First Genetically Modified Strain of MarijuanaUSAgNet - 06/16/2015 Monsanto has announced it has patented the first genetically modified strain of marijuana. Global AgInvesting reports that the news has been welcomed by scientists and leaders of the agriculture business alike...

Well, we can probably conclude that Marex is up for sale not because they are making money hand over fist. There are at least a dozen Chicago futures prop firms specializing in automated strategies that appear to be doing well.

Can anyone say if IB has gone so insanely conservative in terms of risk parameters for legit exchange SPAN spread margin credits for spread positions in IRA accounts ?

Many of my clients end up at Advantage Futures. I receive absolutely no compensation or fruit baskets from Advantage so this is straight up. Having said that, other large established Chicago FCMs like RCG, RJO, etc. should also be queried by the prospective trader. In terms of intraday risk...

I am a big proponent for clients to clear FCMs that: 1. Offer TT or CTS on a transactional basis; and 2. Know how to apply the exchange spread margin offset credits or a reasonable alternative fix into their intraday risk management system.

There should be a "fast food" ETF if there isn't one already. Dibbs on the business methods patent.

Oh, absolutely. I've seen firms keep on traders for a couple years who could barely keep their heads above water in terms of "P&L".

No, prop firms will always ( as far as I know ) add a haircut to the commissions they are charged from the FCM (s) they use. So, for example, if you traded 60K RT's per month and the firm collected a 5 cent haircut that would be $3K in revenue for that month. Plus, they want a desk fee. If...

While I am inclined to agree with you, there are some traders making money "point and click" trading intraday. Based on what I have seen firsthand at Chicago prop firms I would say that they are fewer than in times past but I have no hard number empirical evidence to back that up. The...

Not sure that Latinos care to eat at CMG with any regularity or zest quite frankly. Nothing to back that up. But I will follow them to the more authentic local establishments known to have good food.

Good for Iceland. Personally, I have never found global comparisons or blanket value statements tied to homogenous Nordic countries with relatively static societal and economic makeups to have wider comparative value. And Krugman is a douchenozzle.

It's a hobby if you're losing money, but a job if you're making money ?? Just saying. And you can have more than one job and more than one hobby at the same time.

I just wanted to say something trendy. Longer time frame modeling.

Real winners trade whatever and wherever they find consistency.

Context, people. Context. By the time a person decides that some event or person is interesting enough to turn on their cell camera and record it, they have not captured the entire chain of events. Unless it's porn. There's a great deal of anticipation there.

I've had over 125 clients who are also ET Members, and maybe 5 of them post. When I ask clients why they don't post - the answers are universal: they don't like all the backbiting and personal attacks; they don't like the lack of decorum and professionalism; they don't like being hustled via...