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I was going to come on here and say don't trade with FXMC but I have decided to let this paid sponsor come on here and explain himself. Could you please answer these questions. When a customer gets a fill how do you offset the risk to your firm? Do go into the futures market and buy a...

I am going to stick with my prediction of a high around 1245 on ES for the year but I thing we are due for a bit of a pull back to say 1228-9 or so before going higher. However it would be very scary to be short the broad market this time of year.

Sampson, You have always sounded very knowledgeable on this forum, I would have assumed that you had way more than 24k(maybe you do in other accounts I don't know-I am being complementary). Volume has picked up on ES options in the last year so you may want to consider trading futures...

A strategy that I have considered for excess margin is buying Canadian bank preferred shares and trading bear credit call spreads against it. I have mentioned it to a few people and they always say "there are no options traded on preferreds". However, the price of the common shares has a high...

The US dollar is only one part fiat money. I the gold at Fort Knox and the Fed Banks safes give a large part of the credibility that makes the world's reserve currency valuable

I am under the impression that as the ways of getting credit increases it becomes harder to measure money supply. The increase in the use of hybrid home loans will likely make it more difficult to organize money supply into neat categories and harder to total up money supply as a whole. I think...

I think by "loose" he meant "perdu", Cut the guy some slack english is his second language.

I have been critical of IB in the past but as far as cash currency trading goes it has happened to me many times where I will get a fill on the smallest sized lot and within five seconds I will be in a position to punch out at a profit. I would say that often you will at least split the spread...

I would wait until the new year to short the board indexes. I can see both January and February being big time down months as the fed raises rates and energy prices go up. I think we could see ES around 1180 or so down from December's peak of 1245.

I have been doing some research and it seems that every tuesday when the oil inventory report comes out the Canadian dollar does about a twenty pip "wiggle". Does anybody out there play this? Also does anybody know what US$ inventories are like for Canadian firms? I know the specs are trying...

A short put is the same as a covered called however your broker will require you to have enough cash on hand to buy the stock if it is "put" to you som it is sometimes known as a cash covered put. For the new trader you may want to look into trading KOSPI options as they are very liquid and...

If you like economics and politics and you trade with a good broker like IB or maybe Hotspot then in my opinion the odds are a little better than even as trading forex is a two dimensional game. If you "just want to make money" and trade with a bucket shop (like refco, FXCM, oanda) then you...

I think that in the long run we may be at closer to ideal inflation rates right now at somewhere between 3% and 4%. I think a target of 2% is too low and invites deflation. If you want to know about deflation just ask your Great-grandfather(or somebodies Great-grandfather)

Just a quick heads up for the IB crew. Everytime I try to pull up a chart for "QM" future (nymex oil) my computer freezes and I have to restart it. So far it really just been an excuse to take a break but it would be nice if it worked.

I would recommend trading the smallest amount possible. For example with your JDSU play only 100 shares would be better. Why are you trading instruments that are governed by the pattern day trading rule? Futures are a much more level playing field.

IB Doesn't have any backtesting software per say but what I do is pour over chart of the same slice of the day (say the US equity open until noon) on different days going back over time. To do this I call up a four hour chart, click on the icon with a red left pointing arrow, then change the...

Is there a stamp tax on Japanese shares?

You Americans have no idea just how un-free you are. You economy is full of subsidies and pork barrel spending for business that distorts market economies in the worst way. Such things are not tolerated in Canada, where along with other British parliamentary systems like New Zealand and...

All Rydex does is take you position and offset it in the futures market and then charge you a management fee for their troubles. If you want a super leveraged position in the S&P then the mini futures is the way to go.

I remember back in my university day some prof say "but remember futures are a zero sum game, for every winner there is a loser" Lets consider a farmer who has wants to grow grain. To buy seed and fertilizer he has to borrow money from the bank. In order to get that loan the bank manager set...