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    Warning signs before MF Global went under

    When you say FL do you mean Florida? I have to ask because the idea that a Florida based broker is somehow automatically corrupt is so absurd that it can't possibly be what you meant? Are you the guy who's all concerned about the country where the CEO went to college as well...
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    Corporations may dodge billions in U.S. taxes through new loophole: experts

    Well, like I said, some concepts are nuanced and complicated and can't be covered in a one sentence pithy reply or a childish name calling exercise. One might actually have to read a couple sentences as well, I know that's tough. Welcome to the adult real world, it's a scary complicated place...
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    Corporations may dodge billions in U.S. taxes through new loophole: experts

    First, I've started two successful business, you've started none, so you don't get to call me a "commie" or anything other then "successful capitalist". Now that we're done with the childish name calling, let's talk about what it takes to start a successful business based on actual experience...
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    Corporations may dodge billions in U.S. taxes through new loophole: experts

    Stealing doesn't imply use of force at all in the business world; I talk about stealing my competitor's customers all the time and I'm certainly not planning to physically kidnap them! The point that requires a little subtlety to grasp is the asymmetric engagement of an Ireland to a U.S. It can...
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    Most forex retail traders lose money. Why is forex so difficult?

    Would love to read those papers if you have them, sound very interesting.
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    Brokers that are doing badly

    I'm just curious what relevance the country in which a firm's CEO was educated in has to do with anything? Perhaps you're focusing on the wrong evaluation metrics!
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    Most forex retail traders lose money. Why is forex so difficult?

    Exactly. Equity traders fool themselves into thinking they're responsible for their profits rather than the upward bias of equity markets. Forex traders don't get that benefit, so statistically you would fully expect the vast majority to lose money even in completely fair markets when you...
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    Corporations may dodge billions in U.S. taxes through new loophole: experts

    Nothing like gross oversimplification to completely misunderstand a complex and nuanced topic! The fact is that if you can set up a low enough corporate tax rate you can get a bunch of multinationals who otherwise would have jack to do with your country to invert there and you get big bucks you...
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    Trading for living and estimated tax payments?

    Maybe trading electricity in Puerto Rico is where it's at!
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    FX Latency Arbitrage

    To call them brokers would be charitable. The type of outfits I'm talking about are the counterparty for all the "trades" and it's more of a casino with the forex market as the random number generator. As a result, they have a casino risk management perspective vice a broker risk management...
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    FX Latency Arbitrage

    In my experience if they have an API they've got enough expertise to use relatively fresh quotes and reject orders if the price had changed even if they hadn't disseminated the new price, at least at the decisecond level I was playing at. It wasn't a mispricing game but a latency game. There...
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    Trading for living and estimated tax payments?

    I stand corrected, I've actually cited that caveat before and should have known better than to use the "no way" modifier! Somehow I think DeltaRisk wasn't thinking of that route though.
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    FX Latency Arbitrage

    They don't usually reverse anything, they just make life impossible moving forward. Mostly they spend weeks "approving" your inbound and outbound funds transfers, which kills the strategy because you end up with one account at 0 in a matter of days. In one case they just fired me saying I was...
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    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    In SunTrader's world he can do anything he wants on his property. In your world you can't "agress" on someone's property, not sure exactly the word you were looking for but assume it was something about impacting their property. But almost everything I do on my property impacts my neighbor's...
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    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    So you want the government to control companies but not people? So I can build my septic system so it empties to my neighbors yard, as long as it's me who's doing it and not a company? I can punch you in the face when I feel like it? I can sacrifice goats and let the carcasses rot in my yard...
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    Keynes' interpretation of Hayek is still relevant for today's economic policy makers

    I agree, I want liberty as well. I want the liberty to build a coal power plant next door to your house and blow the exhaust directly into your yard. Don't like that, well you're against liberty my friend. I want the liberty to play my metal music at full volume directed into your yard, surely...
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    Trading for living and estimated tax payments?

    Keep in mind that in general paying the estimated taxes on Jan 16th isn't going to help a lot, since the IRS will divide the amount you owe by 4 and assume you should have paid 1/4 in each quarter, charging interest based on that date. So even if you paid the entire estimated amount on Dec 31st...
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    Trading for living and estimated tax payments?

    This is 100% wrong. You're conflating the requirement to pay FICA taxes with the requirement that you withhold at least 90% of the income tax due or meet the safe harbor requirement. You're correct that you don't have to pay FICA tax, however that in no way relieves you of the second...
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    SIPC coverage for Interactive Brokers UK accounts

    Take a look at this chart for a well known broker: The market is clearly telling you something is wrong, no? Or how about this one: Again, clearly the market's telling you something is wrong? The first is an Interactive Brokers chart and the second is a GS quote, obviously neither...
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    Index Futures vs. Currency Futures

    Could it be because index futures have a positive bias and currency is neutral? Are you long more than you're short?
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