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    Is there any IB branch to visit?

    The platinum tour was discontinued last month.
  2. P

    Legal Action against a prop arcade?

    That's good news that you are okay and trading.
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    We never learn - Auto Junk Loans

    The used subprime auto market is so lucrative for dealers it's not funny, used autos are highly liquid. And lots of these shops have a mechanic that does repair for set prices etc.. They don't care if the buyer only makes 3 payments. And with the new gps and remote repo systems it really...
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    We never learn - Auto Junk Loans

    These loans though are different In one way, they can keep repossessing the cars and keep reselling them for insane rates. So if a car the dealer paid 8000 dollars for is repossessed 10 times, but the average schmuck paid 1,500 dollars into the loan. They still profit.
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    Stock Options - Liquidity

    Best liquidity is the SPY options.
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    Probability of early call option assignment before ex-dividend date

    Most likely you will but I would not be worried. I have been assigned early, no big deal.
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    common roles of portfolio manager?

    Why not post the pretenders name?
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    Motivation and Encouragement

    You need to learn how to lose before you can win.
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    The 10,000 hour rule.

    I have to agree, I have been trading since 2006. And I am a much better trader than I was in 2006. It's like anything else, lots of time and learning from mistakes, lots of screen time and educating yourself. I keep a daily journal since 2006 where I put in notes etc,, what mistakes were done...
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    IRS tax for full time active trader

    Can I pay for them to handle my taxes. I hate spending an entire weekend doing tax work. It's a real pain due to my options trading etc..
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    Ex. Galleon guy blows 100 million dollar hedge fund in 4 weeks.

    I suspect the people handed him money because they thought he was going to do some insider trading for the investors since he came from galleon fund. Otherwise I doubt he would have been able to get funded.
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    Ex. Galleon guy blows 100 million dollar hedge fund in 4 weeks.

    He did not feel his returns were up to par, so it looks like he went long calls hoping to put some good window dressing for end of year reporting. But instead he ends up with 200,000 dollars left. Writes a letter to his 50 investors, that he is sorry. http://www.cnbc.com/id/102356275
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    Bitcoin Startup Coinbase Raises $75 Million From DFJ, the NYSE and Two Banks

    In 5 years Bitcoin will be a distant memory. It is the 21st century version of the Tulip bubble.
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    Miami Traders

    Reporting in here. Nothing like living in Miami.
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    FXCM LOSES ALL EQUITY

    Shit like this is what killed LTCM. people get complacent and BOOM! That black swan can undo 10 years of hard work in one swoop. People forget it and then get really complacent when it comes to risk, they start to believe they are the ultimate trader, let ego take over and forget risk management.
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    Did Interactive Active Brokers Honor CHF Stops Thursday ?

    I don't trade currency so I might not be giving the correct answer, but holding a 4x margin position overnight does not sound like good money management. That seems super high risk.
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    Interesting, 70% of Currency traders lose money in 2014

    Most of FXCM’s retail clients lost money in 2014, according to the company’s disclosures mandated by the CFTC. The percentage of losing accounts climbed from 67 percent in the first and second quarters to 68 percent in the third quarter and 70 percent in the fourth quarter...
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    FXCM LOSES ALL EQUITY

    Retail really should not be trading currency.
  19. P

    Who bought 4k MSFT puts on expiration day?

    Maybe its a closing transaction.
  20. P

    FXCM owed $225 million by customers who lost on CHF

    Wow! Probably a good idea to take your money and run before they go MF Global.
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