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    Trade War brewing? :-O

    Fri November 21, 2003 07:25 PM ET By Adam Entous WASHINGTON (Reuters) - President Bush may end tariffs on steel imports as early as next week but keep in place a system -- favored by U.S. steel producers -- to license and track imports to minimize the risk of sudden surges, industry sources...
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    Trade War brewing? :-O

    US manufacturing jobs were lost to India, Malaysia, etc. first due to their cheap labor costs. Then, China beats them all. Putting quotas on Chinese products will not help the job situation, as more goods will be imported from India, Malaysia, ect. at higher prices. Hence, most retailers...
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    Trade War brewing? :-O

    EU has threatened to slap $2.2 billion of sanctions on U.S. goods unless the Bush administration withdraws steel duties that the WTO has declared illegal. Now, China may retaliate. This is getting messy ...... :eek: :eek: :eek: ============================================= Thu November...
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    ITM call & put on same stock

    Yes. That happens to me a few times. :p
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    Services of the programmer for your best trade!!!!

    IMHO: The problem is: How many people in the States come CLOSE to service such as this ? The sad answer is: not many. Hence, most programmers in US are expendable. A company can keep a few gurus in the States, and they can lead a team of IT people in India or China. Some investment banks...
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    Best college major for trading

    Agree. Some employers may think in the following manner: Getting good grades in exam is easy. Leading a good, meaningful life, establishing a successful business, collaborating with colleagues to finish a mission critical project on time despite all office politics, ect. are much more...
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    Combination order vs. individual legs

    I usually enter each leg of a strangle, spread, ect. as an individual limit order, using the One-Trigger-Other feature of optionsXpress. For brave people, the second leg can be placed as a market order to guarantee execution. I tried combination order before, but there is just no...
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    Time to go vega positive?

    That may be true. One disadvantage of selling premium is the margin requirements. Also, a lot of brokers have strict requirement for writing uncovered calls(eg. minimum account value $50 to $100 k). Trading spreads can help, but doubling the commissions and slippage can really eat into the...
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    Any drugs, herbs, or dietary supplements that improve trading?

    Tea and red grapes can slow than the aging process. Should be good for trading too. For temporary relief of depression symptoms due to a losing streak, chocolate will help. :D
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    Options as a hedge?

    IMHO: Futures are better hedging tools, as they have lower transaction costs and smaller bid-ask spreads than index options. :D
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    transitioning into an institutional career from prop

    Yes. There are. But you need to have good connections.................
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    Gdp 7.2%

    The CEO of Challenger, Gray & Christmas, Inc. just appeared on CNBC. He said that US companies have announced the cutting of about 172,000 jobs in October. :( :mad:
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    Countries which do not tax traders' capital gains...

    If I am making millions of dollars per year, most places on earth are like paradise. :p :p :p
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    Countries which do not tax traders' capital gains...

    Let's face it. If USA is that bad, how come so many people from Asia, Europe, South America, etc. are emigrating to the States ? Four months ago, I went to an INS center at Manhattan to get an application form. The queue was so long that I had to wait for four hours before entering the...
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    Countries which do not tax traders' capital gains...

    Yes. But I ***THINK*** the first $80K is tax exempt, if you stay in US for less than 183 days per year.
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    Countries which do not tax traders' capital gains...

    Hong Kong is another one, probably China too, but I am not sure.
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    No one is taking me seriously...Arghhh!

    Bubble gums are forbidden too. Also, there is no jury in a trial, only the judges. All of them are appointed by the government, of course. If you own some real estate properties that are in the way of a civil project, the government will buy it back at prices well below the market values...
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    Imagine that ANYBODY can become very rich ...

    It will be awful. No one is going to serve me lunch or dinner at the restaurants. I'll be starved to death. :( :( :( :mad: :mad: :mad: :p :p :p
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    No one is taking me seriously...Arghhh!

    I would like to borrow the following quote from one of GG's posts: "The ones who don't do anything are always the ones who try to put you down." - Henry Rollins
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    POLL: If you had to choose ONE bread 'n butter strategy which would it be and why?

    Well said. Trading is a business. I plan to remain in this profession for decades to come. For safety sake, I closed all positions that were not related to QQQ six weeks ago. QQQ can never drop to zero, but individual company can go bankrupt. If I short one contract of QQQ or DIA put...
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