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I agree. But the problem is that once the boat is tipping over, you can turn it back. This entitlement unions/democrats circle jerks and the guberment handouts that began back with FDR have now gotten so big and out of control, there is no turning back. Half the Country pays no federal tax...

What needs to happen is for taxpayers to start to rally against these thugs. These unions are basically robbing and raping their private sector neighbors and friends.

Unions have become the biggest parasites and leeches to the USA.

You realize that this has all become about because of unions. And the union's and the democrats basically have been engaging in criminal racketeering for decades and the result is bankruptcy of cities and states. Unions vote dem's and the dem's give the unions big paydays. And it all comes...

So we need to tax the rich 95% and then the guberment will handle it better? ROFL!! The guberment is the BIGGEST waste of money in the history of mankind!! Liberals...please worry about yourselves instead and then exit the Country and go to france.

I guarantee you will be out of business with FTT. I swing trade, about 20 trades per month in 7 markets and this would put me out of business.

Which study materials you guys rec for Series 3?

buhwaawawawawa!!! Dem liberals who only read msnbc.com and watch mslsd just have no clue. But then again, it's easy to dupe the masses. I happened to pass by mslsd surfing the TV the other day...I about threw up how liberal and nasty that station is. They have this "Lean Forward" slogan...

Fox just showed a big gathering of nurses in Chicago for that NATO summit. Mentioned they want the robbin hood tax to pay for health care. Several hundred of them.

heech, so you charge your performance fee quarterly?

The whole union and democrat scheme is basically criminal racketeering. Even the beloved JFK warned about this. If someone in a private corp/industry did the deals that unions and democrats do, there would be prison time. The whole french election is going to get all the libtards and...

To buy and sell 1 ES contract will be $337.50 in tax. That's a deal killer.

You have a link to this?

Welcome to obamaonomics and the democrat's way of buying votes. The creed: 1. Racism. 2. Class warfare. 3. Circle jerk with unions. 4. Guberment handouts. It's all for the elite power of the socialists liberal dem's.

How do I handle this? Cash forex is treated as 1256 contracts (I made that election), but the IRS gets NO information on Forex P/L. So, when I report my futures P/L (1256 contracts) do I add in Forex P/L for a net number, or do I list them separately? And where do I do this?

Basically that article in 1999 predicted the future. And the other important learning lesson here is that Democrats have to buy votes in order to stay in power...this was exactly what they (Slinton and Frank) wanted with the easing of lending requirements....buy more votes.

All this crap started in 1999 with Bill Clinton and Barney Frank telling Fannie and banks to ease lending requirements.

After looking at ONADA's rates, and it doesn't look like they have tier levels like IB, they are much better than IB. That is my one complaint about IB, is the tier levels for Forex. Had a thread about this earlier: http://www.elitetrader.com/vb/showthread.php?s=&threadid=238580

While some brokers may offer better rates than others, it the tier levels and the +/- that determine the interest charge. And yes, the interest charge on cash FX is a big business to these brokers. Would love to see a comparison chart that incorporates tier levels so we get a level number.

Dude...get Tradestation, this is super easy to Code and you can backtest this going back to 1980 and you will see it is a big loser.