Search results

Well.. if you have enough $$$ and power, with enough "contributions" to your friendly congressmen you just about pass any law you want. That way, you can technically get away with any type of moral or ethical crime maybe even more. Not to mention that you can get the proper legal and accounting...

nah they will probably pull an enron deal: ..Enron's last-minute bonus orgy Days before filing for bankruptcy, the scandal-ridden company rewarded some executives with million-dollar bonuses as laid-off workers were denied severance packages...

"misplace" money? Try this: CBS NEWS -- Defense Secretary Donald Rumsfeld said the Pentagon is unable to account for large sums of its budget, reports CBS. "According to some estimates, we cannot track $2.3 trillion in transactions," Rumsfeld admitted. The admission comes as the Bush...

No prob. :) I was referring to many of the posts in this thread. Our perception of reality is always relative to a point of reference. For example are we an advanced species, or just animals? Relative to what? Let's look at time frames: Relative to 1000 years ago we are far more advanced...

leading to the top of the bull market. 1996 to December 31, 2000 http://www.aros.net/~vlyon/index.html Could it be that reversing some of the logic, and economic waves, would point to the bottom of this bear market? Josh

well said. Our reality is only defined by our perceptions. Our perceptions are extremely limited, but still a part of the whole. For example, our human vision only perceives a very small subset of the total electromagnetic spectrum. Just because something is not seen, it doesn't mean it is...

At least to some extent the fed reserve does, and whoever is behind it. How much? not sure. But it can pump huge amounts of liquidity into the system and also remove it. It's more of a global influence than just local. http://heart7.net/mcf/federalreserve.htm Josh

Catoosa Well said ! check comments on http://www.elitetrader.com/vb/showthread.php?s=&postid=63838#post63838 Josh

So for some that are complaining, maybe many of the problems are the result of always asking for "more" and more. Many did this and still keep on asking, without realizing that the basic requirements such as stability, speed, effectiveness. and reliability could be compromised in favor of fancy...

InteractiveBrokers, used to have another trading workstation version 3.0. It was discontinued October 2001. Some of us traded it until the last day. It was the most reliable fast and easy to use little execution program that I have seen for remote trading. I think it was written in C++. It...

OEX http://www.cboe.com/Common/PageViewer.asp?SEC=4&DIR=OPIndexComp&FILE=snp100.doc Josh

On the light side, For some it is elaborate charts, raw computer power and analysis to the nth degree. For others it's intution a simple laptop, no scans. Under the influense or not, it is irrelevent. As long as the trader is consistent, profitable, and enjoyes the game, heck even tea...

If you lost 50% of you initial capital, you must keep in mind that you need 100% on the remaining just to break even. If you started with 100k and lost 70k you now need 333% to just break even. Not the easiest thing to do, staring with a significant damage both in capital and possibly in...

Not too familiar with OTC trading, but what is LSPD? Josh

If the trader thinks that market is a living entity, then the market doesn't know who the trader is and really doesn't care. All the battle takes place inside the trader's head. But it need not be a battle,...why fight the current? just flow with it, you get to swim further with less effort.

Yes there are advantages with electronic networks, speed, some transparency, but also there dangers, some were mentioned above. Market makers, dealers, specialists, do provide a function, and do soften the impact even as little as it might seem at times. But do not forget the "bid juicing"...

...he who takes a quick stop and runs away, lives to trade another day... Josh

On above post it should read If you have a position long ES offset with short SPY.. etc Josh

A simple way to offset a position if Globex goes down, is to have an equities account, even with another broker. E.g. if you have position long ES you can offset with long SPY, NQ with QQQ, YJ with DIA, etc. You may incur some minor extra commis and maybe some hassle of moving money...

It is quite interesting, that the majority of traders are caught in a " death spiral", bad trades, violated rules, that result in negative emotions, that effect proper mindset, that lead to even worst trading, and the whole thing amplifies on it self. The process may take variable lengths of...