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There's nothing government loves more than inflation. Hell, Keynes himself pointed that out. Government is always a net borrower and inflation allows it to pay off debt in depreciated currency. Of course, inflation has the effect of taxing the entire population, robbing them of their...

*sigh* I'll say it again.... for the past two years the SEC has been restricting who can trade what and when. It's also been taking away market maker exemptions so that market makers can't provide liquidity without taking on massive amounts of risk. To top it off, the SEC has been...

What's the matter? Couldn't find anything more idiotic to post?

That will be an Obamacore duty for good pioneers.

he he! Except you eventually run out of other people's money!

Yes, it is. Oh joy. I think this country has 10 years - 15, tops. That's how long it will take medicare, medicaid, social security and Obamacare to turn the whole country into Greece.

Yeah, but at least in France they can have non-taxed offshore accounts and you don't get taxed if you don't live in france for more than six months of the year. We're worse than France now? That's really saying something. Maybe we're Greece in the making.

Nobody ever really benefits from big government. For a while there is the illusion that you do, but then you find out it's just a mirage. These state employees will learn soon enough. Just like the Greeks. The productive will continue to flee this country.

The value of the untaxed bribes these guys receive rises as they reduce the amount of disposable income you have. No disposable income? Then you have to get everything from the politicians. That's how it worked in the good old USSR. Get used to it or rebel.

I was looking for the truth and I just knew I would find it on Elite Trader.

Yes. That's what the pricks want. Fucking pricks.

Yep. The Europeans have it all figured out. Why, just look at how sound that European Union and it's currency is! Oh...hang on...

I would be shocked if this were "engineered by Wall Street". Wall Street is a big place with A LOT of firms. The problem with collusion is that it never works because the interests are too divergent and the temptation to cheat too great. This is simply the consequence of the SEC killing off...

Thank you. A voice of reason. No liquidity provider is obligated to blow up his firm and his investors to provide bids for you shmoes to hit. The reason you all need liquidity providers is because the SEC has imposed so many rules, the liquidity has been sucked out of the market. Over...

Where did you get that picture of me?

Yes, that's true. But sometimes even good traders can get hit by bad luck. A lot of these small options guys are long vega, get screwed (so many didn't make any money at all over the past year), they short vega to make money and then...this happens. Trading is not easy for the pros. I...

Since market makers are forced to provide you with a two sided market at all times, they have an exemption from locating. So, my guess is A LOT. Any idiot who was just shorting trying to manipulate stocks is now no longer with us. This "naked shorting" thing is the way the powers that be...

Totally agree. But if your goddamn black box is too stupid to know when to stop fucking selling, then you should eat the loss. Why should their trades be busted? Why are good traders (and good black box makers, for that matter - the good ones know when to stop) have to subsidize the idiots...

I agree. The exchanges had a big meeting to decide what to do after the close. It seems the not so great black boxes didn't know when to stop selling today. Those guys should totally eat their losses. This "fat finger" B.S. is something dreamed up by the old moron brokers on the NYSE...

Our exchange just told us that some MM(didn't say how many) blew up today. As in, RIP. Will not be trading anymore because they are well below their net capital requirement. We thank God we're not one of them, but our hearts go out to them. Bad time to be short vega.