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    Why does my broker want to know my net worth and do I have to tell them (Oanda)

    When a broker has a compliance issue on a CFTC or NFA audit related to customer issues, the regulators require them to institute a detailed program to make sure that the problem does not occur again. Probably some customers had credit issues that showed up on audit, so Oanda was required by...
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    trading for two accounts at IB (IRA + regular)

    This article explains how to use a tax-haven UBIT blocker corp as Romney did. http://www.nytimes.com/2012/02/08/us/politics/romneys-returns-revive-scrutiny-of-offshore-tax-shelters.html?_r=2&
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    Best ES futures broker? lowest slippage? pls help

    I am fairly sure you can see it within the IB platform but I do not use IB at the moment .....someone else will likely post where it is in TWS.,,,,
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    Best ES futures broker? lowest slippage? pls help

    Probably the bid-offer has just moved in a fraction of a second. Maybe several people using an analysis similar to yours see the same opportunity and issue orders just before you. Some get filled and some not. You can check that out by getting the Time and Sales. I think IB updates quotes...
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    Best ES futures broker? lowest slippage? pls help

    IB and all futures brokers just send the market ES order to Globex, so execution will be the same at all brokers (unless there is a delay transmitting the order, which is unlikely). You can look at the time and sales data from the exchange if you want to investigate individual fills on your...
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    Options on Futures

    Another major thing to keep in mind is that when market makers sell options, they continually delta hedge their positions. Let's assume for now that market makers are profitable on the options they sell. But this profitability may be only with the benefit of delta-hedging, in their case...
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    Options on Futures

    It is not clear to me that selling options even has a positive expectation overall. I would like it to do so, but I have to be skeptical. Two books that found, using empirical testing, that selling did not even have a positive expectation, at least without adding filters, or only a minimal...
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    trading for two accounts at IB (IRA + regular)

    Sure - by all means let us know if you find out anything different.....but meanwhile it may of of interest to search on "UBIT-blocker corporations" which are a major reason that every major non-profit foundation and hedge fund owns a subsidiary in a tax haven. Mitt Romney did the same in his...
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    trading for two accounts at IB (IRA + regular)

    There is no way around UBIT (other than setting up a UBIT blocker corporation in a tax haven, which is what large foundations and non-profits do) so the idea of using margin in a 401(k) makes no sense.
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    Interactive brokers: pending orders in excess of IRA account net liquidation

    It depends how you are trading - frequency etc. Just calculate the percentages out. Assume say 1% connection problems. How would that affect your trading? How quickly do you need to react to the market? What are the consequences of a communications failure? Ultimately you may be...
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    Options on Futures

    You will get a better response if you post your own experiences first. Also selling naked options is generally inadvisable anyway and is roundly denounced here by many every time anyone mentions it. Even part from risk, it is an inefficient use of margin and capital compared to selling...
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    Cash a/c and options

    I do not think cash accounts are viable anyway because you will have to wait 3 days for settlement in a cash account after you sell anything before you can use the proceeds.
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    Is option trading really profitable as a stand-alone trading practice?

    He says: "Prices listed above are those received and confirmed by the participating auto-trading brokers. Trade results account for slippage, but not for broker commissions, exchange fees, or interest on cash." It looks as if he is trading about once a week. I think you might have less...
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    Is option trading really profitable as a stand-alone trading practice?

    I think it can be with extensive back testing but much that is taught by the educators and in books is too simplistic or vague as to how to apply it. The books do not really disclose how to trade profitably. They are more like valuable background and hints at best. Here is one profitable...
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    Any retail brokers w/Athens Exchange?

    Yes I linked to them earlier above (although not to that particular page) as you probably saw. It looks as if Swiss Quote, like InvestorsEurope that I mentioned earlier, does accept U.S. clients who certify that they were not solicited, to conform to the SEC non-solicitation provision...
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    Any retail brokers w/Athens Exchange?

    I doubt it, at least for U.S. residents: http://www.schwab.com/public/schwab/investing/accounts_products/accounts/global_trading does not list Greece. I do not think Greek stocks are approved by the S.E.C. for offer in the U.S. They conceivably might do it for non-U.S. residents.
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    Best of both: All futures broker incl. live cattle and segregated accounts as well?

    It is a nice idea but I think it may not work fully for the following reason. Your foreign broker that offers segregated accounts (some do) will still send all of his clients' U.S.-related-futures funds to a U.S. Clearing Broker, such as say Crossland or whoever (since most futures are U.S...
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    Portfolio Margin in 401K

    You cannot trade stocks or stock options using leverage in any form of retirement account or you fill have to pay UBTI account on any profits derived from leveraging. UBTI is a tax on profits from debt-financed leveraging in a qualified plan. It does not matter whether you pay interest or...
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    Broker with Good Spread of International Markets

    Right but for U.S. customers, these are only the limited SEC list of approved foreign exchanges which have obtained SEC approval. Also, (almost) no foreign stock options are approved by the SEC. U.S. residents cannot even trade most Canadian stock options. The SEC requires that each...
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