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  1. M

    Lifeguards in CA make 200k a year

    I think it all depends on how much is given to the politicians. Industries such as banking, weapons and farming that have bankrupted America appear to be immune from the teaparty outrage. For a trading board the outrage appears misplaced. America is a capitalist system. It not what you deserve...
  2. M

    Best grad school for active equities traders

    I quit a promising career to trade full time because I thought I had caught the trading bug. I've been doing this for more than 10 years. I started young right out of college, and if I knew then, what I know now, I'd take a completely different path. With the sheer amount of hours...
  3. M

    Best grad school for active equities traders

    Your gmat is above average. Military experience was in a command position? Get a admissions consultant and apply in round 2 for Wharton. Don't sell yourself short. Prop firms are dime a dozen and markets are not going anywhere. Learn to swing trade, more money less work.
  4. M

    H1B Visa program has already ruined this country

    Patently false statement. The other fellows remark was correct. Indians are incapable of innovation. The proper Asian trade is Massively Short South Asia. Long the Oriental Asians. India is headed into a world of hurt. The average IQ is only 86 and the population with Sub 60 IQ will...
  5. M

    Engineer looking to make a career change into trading

    Here's a couple of scenarios you should answer first before quitting a paying job. Scenario 1: I'll give you 10,000 to make a trade. The trade has a guaranteed 90% failure rate. If you make money on the trade, you keep it all. If you lose the 10,000 then you pay me back 20,000 Scenario...
  6. M

    Tax Free Trading

    Since I have or can procure citizenship in multiple countries, for me a better tax free trading vehicle is the Canadian TFSA, unfortunately IB in Canada does not provide this service. If IB provided the service, I'd stuff the account with 6 figures, pay the penalty, and be done with taxes for...
  7. M

    Wal-Mart: Our shoppers are 'running out of money'

    Things "are not getting bad". Things have been bad for the USA ever since the conservatives took over the US government and started borrowing money to spending it all on weapons that don't work in wars that have no ROI. One thing I have learned about those who quote or worship Ayn Rand, is...
  8. M

    Tax Free Trading

    Where is the best place in the world to open a Interactive Brokers account to minimize tax. Since IB requires proof of residency in the country the account is opened, it will have to be a location where residency is easy to procure and also a place where IB account can be opened.
  9. M

    Unbelievable: Jobless Rate For Young Is 25%—and Rising

    This thread epitomizes what some have called the Enronization of America. The welfare of the many has been trashed in the name of Democracy, Capitalism and Freedom, so a very privileged few can accumulate substantial wealth. Common sense rules and regulations made to help the working class have...
  10. M

    H1B Visa program has already ruined this country

    Hindoos perpetuate frauds everywhere they go. In the UK the Hindoo population is sucking the welfare system dry. They have regular jobs and yet most will play the system for a second welfare paycheck. By Hindoo I'm referring to the entire South Asian population. Regardless of their current...
  11. M

    H1B Visa program has already ruined this country

    A couple of comments on a subject I have experience with. With 1.5 Billion people, why can't India innovate anything? 1. Indians in general provide extreme low quality products. If you want quality labor and products, pay more and go to oriental nations such as Malaysia. 2. Poor Indian...
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