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  1. J

    The Anchor DeFi ponzi collapse journal

    ANC price dropping like a rock, at 1.119 UST down 42.29%. Yield reserve down to 176,450,789 UST. Doesn't look good.
  2. J

    6 more rate hikes ahead, they will be lucky to squeeze in 3!

    The Fed is so far behind the curve on inflation that it doesn't even qualify as a sad sick joke. No one in government today has the backbone and courage that Paul Volcker and Ronald Reagan had in defeating inflation in the early 1980s. That winning battle against inflation set up the economic...
  3. J

    Risk for $500k+ assets in single brokerage account?

    Not me. I only split up my multi million dollar fortune to protect from technology disasters preventing trading at a brokerage firm. Do you think that Warren Buffet worries about SIPC coverage for his $300 billion in stocks and $140 billion in cash? The only traders that need to be very...
  4. J

    Electric bills go 3X

    You didn't even bother to read the article you posted. Rates are going up 50%, not tripling. "in April when regulated prices look set to rise by more than 50%" Here in PA my electric rates went up 7% this year.
  5. J

    Why are exchange and broker fees quoted per share?

    Fee per share pricing goes back to the old fixed commission pricing of the NYSE that set the commission per 100 shares. What fees add up to over $100 for 10,000 shares of a $1 stock?
  6. J

    IRS Requirement to Report Stolen Property

    This IRS rule has been around for many decades. It mainly trips up embezzlers who have been stealing money for years. Even if they pay back the embezzled money one year they still owe taxes on the money embezzled in previous years.
  7. J

    Strange Order Fills

    Looking for an explanation of strange order fills. NYSE stock below $4.00, order to buy 5000 shares 4 cents under the bid placed just after the open. 2 hours later 4 fills for 2 shares, 1 share, 1 share and 1 share. 3 minutes later 4 fills for 798 shares, 799 shares, 699 shares and 799 shares...
  8. J

    does hidden order that provides liquidity receives rebates from exchange?

    You clearly don't understand how PFOF outfits like Citadel operate. A buy order that is a limit order at the current bid or a sell order at the current offer is quite valuable to Citadel. Citadel gets to lean on those orders. That is why when a stock is 100.00 bid and 100.01 offer you see...
  9. J

    Is Gessler, head of the SEC, trying to end zero commissions?

    Which "old line firms"? Name them. Is IBKR an "old line firm"? Isn't it better to have all the costs of equity trading fully disclosed rather than hidden? Isn't it better to have all orders sent to the public market where they can interact with each other? No PFOF in the futures markets and...
  10. J

    I cant speak english. Any stock broker that not require a call to withdrawal money ?

    IB speaks French in Canada. Pour plus d'informations sur IB Canada, veuillez contacter notre bureau canadien situé au : 1800 Avenue McGill Collège, Suite 2106, Montréal, Québec, H3A 3J6 Canada 1 (877) 745-4222 Toll free 1 (514) 847-3499 Direct dial
  11. J

    Any DRIP stocks offering dividends at a discount

    You question makes no sense. No company offers dividends at a discount. Some companies offer stock at a discount with a DRIP.
  12. J

    Cash secured put + call?

    Long a call and short a put at the same strike price is identical to just being long the stock. I agree with the advice to "Just buy the call."
  13. J

    CRF Cornerstone Total Return Fund

    I'll guess there was a big seller. CRF is a nut job closed end fund that trades at a premium to NAV. Huge annual dividend is a return of capital. In a raging bull market NAV has dropped from $18.69 year end 2015 to $10.15 year end 2019. Looks to be a horrible investment.
  14. J

    Robinhood Got Additional $2.4 Billion Bailout Over The Weekend; IPO Plans "On Hold"

    Robinhood's big problem is that they went to self clearing too soon (October 2018) without enough capital to clear large volumes of volatile stocks. Saving pennies only to lose millions. Promoting stock trading as playing a video game only made matters worse.
  15. J

    DeepFuckingValue refuses to bank profits

    Are all of you vision impaired? Look at line 3: Cash Total $13,817,295.47 If GME goes to zero DVF is just fine.
  16. J

    A new broker/ FCM

    The NFA website states that SCORE PRIORITY CORP became a FCM on 10/15/2020.
  17. J

    Burned on TSLA Put, please help me understand wash sale rule

    You are taking on too much risk. TSLA is a volatile stock and has high risk for option sellers. If you had manageable risk you would not freak out when a position goes against you.
  18. J

    Burned on TSLA Put, please help me understand wash sale rule

    You have it all wrong. If stock goes up then put price goes down. Short a put makes you money. At expiration if the stock price is above the put strike price the put is worthless. Put sold = you pay the difference between the strike and the close if it is BELOW the strike price of the put you...
  19. J

    Burned on TSLA Put, please help me understand wash sale rule

    You trade to make money. If you make money you have to pay taxes. Focus on making money. Don't let the tax tail wag the dog. TSLA is at record highs. How could you be losing money on a TSLA put you sold?
  20. J

    A Winning System!

    Daytrading TQQQ is daytrading the NASDAQ 100 Index. The only sensible and cost effective way to daytrading the NASDAQ 100 Index is NQ futures. Futures brokers such as AMP have $1000 day trading margins for NQ futures. You don't have to use minimum margin and can put up $2,000 or more a...
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