Search results

You need to dig deeper on that "worst rated service" aspect. Here's a hint. There's not much the medical system can do for inner city people who are bound and determined to kill each other in gang turf wars, pass along debilitating conditions like HIV through unsafe sexual behaviors or eat...

Those who oppose HFT should post what you think your profits will be like once it's banned. 100%/year? 1000%? 10,000%? Since you know that it's HFT and only HFT that puts you in the losing trader category, you must have some idea of how big a winner you'd be when it's gone. Please...

You can try asking the market to adapt to you, of course, and see if that works. Maybe if you ask real nice.

While we're on the topic of "logic", I'm always interested to know why these guys who believe in manipulation don't just buy-and-hold in the direction of the manipulation. If the market is being manipulated, it's going to be manipulated in one direction for an extended period of time, otherwise...

No way, man. Once HFT is banned, emg will be starting threads titled "95% of small traders win! They just win!" If I were one of the traders who just knows for a fact that without HFT in the markets, I'd be profitable, I'd go out and buy a nice Ferrari in anticipation of my soon-to-be wealth.

Gonna be interesting to see what the failures blame their failures on next.

I would think these activities engage two different parts of the brain, so, yes, that would mean that you could excel in one and not the other. One thing you need to make sure about your "helper" is that the person you choose has to be OK with standing up to you after a losing trade and will...

If you were trading SPY options at that same time, you'd have been "steamrolled" in them too. Ultimately the correlation between liquid SPY options and ES futures is 1. And you want to talk about slippage or non-fills, the SPY options, if you are holding overnight, are impossible to get out...

From what you are trying to do, i.e. make money off of short-term directional moves, you are probably better off with futures because then you don't have to deal with the Greeks. That said, if your timeframe is short enough, the Greeks won't matter that much to your results anyway. Also, come...

Well my definition of "sick" is someone who looks at what others has and says "I deserve some of that" despite not putting in any of the effort to acquire it. One of the few places in the Old Testament where an idea is forbidden, rather than an action, is in the commandment against coveting...

Man, it just kills you people that somewhere, someone is making a dollar and you're not getting a taste. If you people put as much effort into making your own money as you do into getting a cut of others', the sky's the limit. If someone told me as a child that adults are willing to misdirect...

Having only traded the ES before this year, now that I've added other contracts to my mix, like CL, are all futures contracts considered 1256 contracts with the split long/short term capital gains rate or just some? If it's just some, is there a definitive list of which are which?

That's true enough. That's why I say give them an incentive not to reproduce. Obviously, this kind of person is very short-term oriented, so the promise of a steady paycheck for no work will probably be enticing enough to get them to not have children.

Right, it's not just about intelligence, although that's what I mentioned. The world literally looks different to someone with a bold vision of what they want out of life than it does to someone who voluntarily cedes over his agency to another. We need to weed that latter trait out of the...

Another classic fallacy "the more complex society becomes, the more we need government to make our decisions". In operations, the more complex a system becomes, the less you want that system to have a single point of failure. The more of the economic decision-making we run through the...

They're more likely to find him eating a chihuahua. The best option, from a political perspective, will be divided government. Of course, Obama's fondness for executive orders will enable him to enact more of his agenda than divided government would allow via the regular legislative processes.

Yeah, I have grudging respect for the old-school Russian Communists. They were hard men, for sure. Obama's a Westernized pansy Marxist by comparison and most of his followers wouldn't last a day under real socialism. The perpetual crisis mode of socialist production means that if you don't...

What I think would be a reasonable idea is to limit the growth of government spending to some objective metric like population growth. Anything above that rate of growth would require a supermajority in Congress. It's not that government shouldn't grow as the economy gets bigger, it's that...

What can I say, it's what I do. I spent my youth studying the Classics (Plato, Aristotle et al), so I have little patience for modern stupidity.

Another thing that's always interesting is to see what emotions people like you attribute to me. It's like a mirror into your souls. Also interesting is that you assume I'm white. What, no non-whites make 6 figures and live in NYC? How do you know I'm not a non-white who just doesn't buy into...