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You have to ask yourself this--> Do you want to be right, or, do you want to make money?

That's a very funny comment. When you get noticed of intent to deliver, you get a warehouse recipt, or warrant, not physicals, which the broker is obliged to settle. You seem to be more concerned that your customers lack the knowledge of how deliveries work and that you will have to liquidate...

That seems pretty strict. But it gives others great info as to when forced liquidation will occur. Thanks!

Its not a big deal. You can always EFP into the next futures month.

It wont replace SYMC. Its the equivalent of a bank's auditors working directly for the people they audit. Too much risk in having your OS and your AV made by the same folks.

QG is infamous for its moves. Be watchful of those positions.

I dont see why commissions matter. If you pay $50 RT, but make $1,000 RT due to the research you get, isnt it worth it? If you pay $50 RT but can sleep at night knowing that your FCM wont go belly up in the middle of the night, isnt it worth it? If you endlessly beat up your broker on...

Or, "For those too stupid to read the NYT"

I read his stuff. I'm happy to go buy his stock and hope for a massive short squeeze. As a rational investor though, I need to see him putting out facts, and backing them with more facts. Not relying on guys like you, or other anonymous posters, bloggers etc (which the website you posted is -...

I read the email exchange and found Byrne's answers to be antagonistic and not giving out real details a person can latch on to. But the other thing that really struck me, is that here is a CEO billionaire, who can pick up the phone and pretty much get any head of any broker on the phone and...

The OSTK 'everybody hates us' crowd loses a lot of credibility by not posting actual confirms and emails proving brokers cannot/ will not deliver certs. Prove your claims and folks will listen. The endless 'trust me' stuff is getting old.

I think you may mean third party risk - where, another customer blows up on a massive scale, and impacts the broker. Yeah, thats an issue too. I prefer to pay for a brokers balance sheet and strong controls, which I know is a pain, but its easy to lose your own money, I dont need someone else...

Maybe with all the very similar problems and all of us being told its us, our equipment or the best line, "No one but you has complained about this,", shouldnt we all just start emailing our sales reps with copes to customer support? If a sales guy thinks a techie is gonna reduce his...

Experienced, veteran traders dont talk like steve. They simply recoqnize silly comments as such and let the person learn on their own. The world can remain illogical longer than most accounts can remain liquid.

jimR- IMHO, a website is purely an advertising medium for most companies. Some terms which have very specific legal meaning are used incorrectly on many sites. I remain firm in my opinion, that if you have serious concerns, you need to talk to a securities lawyer. Dont forget the...

Its info flow for me. Some fo their calls are good, some awful. You have to look at their ideas on a chart and make your own decisions. If I can focus on QG/QM and pick up 50-60 cents on a few thousand share a day, I do it. You also get access to their subs which is better. One good call was...

You really need to talk to a securities attorney about this topic. Relying upon brokers or employees of any firm to explain why your money is safe, is not a good practice. If an employee of any firm tells you he speaks, uneqivocally, for the firm, ask for it in writing. Also, get the firms...

"...The only thing is that the Asian savings glut is on 2 levels - 1) the consumer, who is buying gold to preserve the new found wealth that they have never had before (you might too in such a circumstance) and 2) the foreign governments who are buying US treasuries to finance the national debt...

Old-timers when hearing these discussions would turn around and say, " You want to be right or you want to make money? Dont fight the tape."

I think the world has moved beyond economic theories to reality. There is no shortage of vultures who buy depreciating asetts and can hold them until the cycle turns up again. I think gold has turned up as its (1) an illiquid market, with few large players, allowing orders which would hardly...