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The regulations on the securities side is multiples of that on the future side. It doesn't matter if they back guys or not. The regulations are there regardless. It's only on the futures side where you get a break if you are backing guys vs the deposit model. It's insanely expensive. Not to...

I think proficient daytrading requires a technological edge, not a strategy edge. Market makers have that edge. HFT's have that edge. Order floor traders have that edge. The quality to noise ratio is so high intra-day it's deafening. Not to mention your risk to reward ratio is way out of...

Sorry, you asked me about this awhile back and I never got back to you. I think it's a horrible business model for stocks. I think ultimately more advantageous for the trader but between all the regs and the insane amount of capital needed to fund it, I don't see how Patak or anyone else would...

I hope you are aware that you are paying the carry on that ETF. Not that big of a problem if they keep dropping like a rock, but if it stays range bound you will bleed.

Honestly, if the guy can't figure out a platform that was made for a 5 year old to be able to trade, he has no business trading.

Bonds confirmed for me around 142 to 143 on the 30 day and we got nice follow through on that confirmation. That confirm also coincided with the break of the QTR A down. I said this on another thread I think but I thought or predicted or mused that all assets would go down together just as...

A few things here. One, don't worry about what "Mark" likes to do or doesn't do. He is playing with a few hundred million, you're not. You have to trade the way you feel comfortable with. Second, how you use time stops depends on so many variables we honestly can't list them all here...

So a couple of things about the ISEE and analyzing any kind of data in general. One of the things I have noticed about the ISEE is that you need to be careful when readings jump from one extreme to another in a short amount of time. I have the found the ISEE to be the most reliable when the...

I actually have a buddy that runs a firm that is offering .35 a contract with TOS. To be honest, I have no idea how he is doing that. And you would be REQUIRED to open an account through his advisory firm. Which means you WOULD have to pay some sort of annual advisory fee like 1.25% annual or...

It's personal preference. You want your OR to center around liquidity. That could be 7:30 am central time on econ data or even earlier. The length is dictated by how you trade, i.e. momentum, fader, scalper, etc. I would not want a 45 min OR if I was a breakout trader for example. Nor would...

How do you figure? Front month VIX futures are trading 17.50. This implies a 1.10% daily move. The 20 day historical on SPX is around 1.20%. VIX futures are trading at 10bps under stat. No dude, they are right in line. If anything, VIX might be a little rich here. September VIX is around 19...

How many aliases does Stock777 have on this site and is his combined total post count over 50k? I'm not even sure there is medication to deal with this sort of pathology.

Yeah dude it was. I remember watching Ben Young's interviews 13 years ago when it came out and he talked about Belfort. http://en.wikipedia.org/wiki/Jordan_Belfort "In the 1990s, he founded brokerage firm Stratton Oakmont which functioned as a boiler room, and developed a hard-partying...

Surf, the movie "Boiler Room" from 2001 was loosely based on this.

EqtTrder, Makloda and Stock777 are all the same person.

No, your understanding of this stuff is totally flawed. Long vol products don't go to zero because of the contango, they go to zero because of persistance. Why do you think FAS lost 95% of it's value in 2008. There is no "contango" in financial stocks. These products don't work when long...

Yeah the demo risk manager liquidated his positions. He said even for a demo account, you can't lose that much money in a day. Firm policy. :)

I knew you were on that webinar King! :)

OK, let me try to "help" you. First of all, I think atty and the rest of us get annoyed by the intellectual laziness that permeates this entire message board. Yeah, sell premium. Nice. It wreaks of total lack of effort towards finding a real edge. So you can expect to get some harsh...

You're going to have to try harder then that Brad. I've got my eagle scout badge from P&R. That was pretty weak. Come on Brad number 10, take a deeper breath and square those shoulders. You need to drive with your legs. I don't mind getting insults but this is ET, the bar is pretty high...