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    How does the UK do it?

    From some economics class I took in college, you can define 4 types of expenditures based on who pays the expenditure and on whom the money is spent. The possibilities are: 1) I pay the expenditure and the money is spent on me. 2) I pay the expenditure and the money is spent on someone else...
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    How does the UK do it?

    When I buy a house I pay for it. When I buy a car I pay for it. When I buy food I pay for it. When I buy clothes I pay for it. Who should pay for my healthcare when I go to the doctor. I should. It's that simple.
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    Broker for half decade with delima

    A lot depends on which city you live in. If you live in New York or Chicago, there are many opportunities. If you live in most medium-sized or small cities, sales is the only job in the securities industry. Get off your ass and look for a another job, be proactive, be willing to relocate. You...
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    My own personal FannieMae buyback program

    I just shorted some FNM Sep 5 Calls at $1.35. It seems like a low risk trade trade with the downtrend in FNM.
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    Former BSC banker, Harvard grad to teach cupcakes

    Personally, I don't think she'd make a good farmer ;)
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    SEC asset freeze of North American Clearing, Inc.

    Looks like they are closing shop. http://www.northamericanclearing.com/ ------------------------------ Important Notice Update from Robert N. Gilbert, Esq., Trustee of North American Clearing, Inc. July 31, 2008 In light of the recent financial difficulties facing North American...
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    McCain Wins By A Landslide !!!!!!!!

    Not yet. But this site has him at about a 2 to 1 underdog right now. http://www.intrade.com/
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    Risk $1000 to make Millions

    RiskFreeTrading and thn5625, thank you for your thoughtful and insightful posts. I appreciate you input.
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    Risk $1000 to make Millions

    Thanks for the post. You would not have to always be long. You could use a reversal system to switch between a long and short position, but never flat. Or you could trade multiple markets and be flat most of them and just initiate positions in markets that breaking out of their range (a la the...
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    Risk $1000 to make Millions

    My idea was to try to initiate a discussion as to methods for adding to a winning position. Fibo was used to get to a large position quickly. Nothing special about it. I just wanted read how others add to their winners and maybe compare notes. That's all.
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    Worst Slippage on Emini S&P

    Recommending a broker depends on your needs. Do you need: 1) specific front end software platform 2) ability to enter orders through a web browser 3) how many monthly round trips will you be trading 4) other needs I looked at 19 futures brokers and liked 2 of them, Velocity Futures and Go...
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    Worst Slippage on Emini S&P

    1 to 5 contracts
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    Worst Slippage on Emini S&P

    I use actual stop orders on the ES. Usually I'll get filled at the same price as my stop. Occasionally, I'll get filled 0.25 points worse, but I haven't had any worse slippage than that. Of course, it depends on the size and time of day that you are trading. I trade very small size so I can get...
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    Strategies to reduce leverage on futures?

    Simply take smaller positions. If you have $100K and you are long one Sep ES which is trading at 1270, then you are long $63,500 worth of ES futures and are not using any leverage because you have $100K in your account. If you are long 2 Sep ES then you are long $127,000 worth and are using some...
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    SPX at 1071 by the end of December

    With the SPX down about 20% from its Oct 2007 highs, at this rate the SPX will be around 1071 at the end of December. I think I'll sell my stocks, house and SUV, buy US T-Bills and live in a cave.
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    Forced to buy a banking stock...

    BBT. They just RAISED their dividend. http://finance.google.com/finance?q=bbt
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    SEC asset freeze of North American Clearing, Inc.

    http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20080623/REG/366156705
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    BB&T Bank, who's right?

    The regional banks have been slaughtered with banks like FITB slashing its dividend and planning to raise capital. Today the following news on BBT hit the news wires "Sterne Agee analysts Adam Barkstrom and William Griffin reiterated their recommendation to sell the Winston-Salem, North...
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    Am I a sucker like Buffet and Lampert in going long the banks/financials?

    No one knows, how low they will go. For BAC and FNM I think a better strategy is to wait and buy after they have rebounded 15% off their lows and average UP. If the stocks keep making new lows, keep waiting with you money safe in the money market fund. I'd stay away from FMD, the chart seems to...
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    Which brokerages can I use to trade index futures?

    I've used Go Futures for a couple of months and am happy with their service and commissions.
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