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I was just teasing. You are right. There is a supply side problem with this that has nothing to do with the cost of money. I wanted to throw that in anyway.

I'm in a similar situation and I can afford to buy. I just choose to take advantage of the large spread between the cost of renting and buying. Additionally, as a professional trader trading from home, I write off $1,300 per month in office rent. This is almost equivalent to the interest rate...

Big no-no. The individuals MUST be trading the seat owner's account and must have no money at risk. The individuals in this case would be executing for the seat owner and must be proprietary in nature. Otherwise, everyone would be doing this. Penalties for doing this include re-computing the...

I'm a member of the CME yet they don't seem to release that info. Current expiration is Dec 2006. Original expiration was October 2005. I am not sure if this will be continued or not. I believe, from a business perspective, the exchange will either have to provide some creative leasing options...

Consider what that chart will look like if adjusted to the US$ index or to the price of gold. I think that provides a more accurate perspective. Any thoughts?

I use the UniCare 2000 plan. It costs me about $700 per quarter for my wife and I and 2 kids. The deductible per person is $2000 per year, but the plan includes 4 regular doctor visits with a $30 deductible each and a prescription discount. I don't use or need dental insurance (I use a discount...

I did this computation recently for a friend who trades the ER2 contract. I amortized the total cost of the seat (best GEM offer lifted + app fees) at 7% for 2 years and the compared it to the cost leasing a seat at the current rates. It is a simple comparison, but the result was that if you...

Interesting... I guess that's another way to gauge inflation. You have to pay twice as much for the same book now. :)

My comments earlier were exactly to address this. The fact that right now in many major markets, it makes more sense to rent. It is clear now that everyone should have bought and built equity into their home 2 or 3 yrs ago. The environment is not the same any more. I know this was probably said...

I have to agree with you. I considered buying here in the DC area when I moved March a year ago. My plan was to rent for 6 months, find or build a home and take out as much as I can for a loan in the 10 yr range (a loan is essentially the same as shorting the dollar - it made sense at the time)...

Same in DC. The spread between buying and renting including 3% per year for maintenance, etc is around 1/2. When I moved here last year, I didn't buy.

I agree. The volume and volatility have contributed tremendously to slower fills and very slow confirmations. This makes it frustrating for someone scalping with a high frequency. I often have to go 3 ticks outside the last price to get a fill or be left behind. Amazing. I trade CME, CBOT and...

I haven't really noticed a major difference between VGA or DVI. I'm using nVidia FX dualhead cards with Dell 19" monitors. I have multiple monitors with some on VGA and some on DVI. I don't see a real difference in quality. However, DVI doesn't require any tweaking or adjusting. It is a...

I focus more on the frequency and size of losses than I do on a P&L target. I don't watch my P&L while trading and I don't like it when any of my traders does either. It is better to consistently stay in touch with how your are flowing with the market rather than what money you are putting up...

I have never, and probably never will, meet a full time professional trader who trades manually and who doesn't get angry and have outbursts. It sounds good in theory that one should always be self-contained, etc. However, the reality is that we are never in control of the market and sooner or...

A few questions: How far above 718.40 do you take your long position? Do you use volume or anything else to confirm your entry? If you are long at 718.40, where would you have your stop (where will you be proven wrong)? Thanks.

Thanks guys. I follow up on those ideas. I have never had to look at this aspect of investing before.

Hi guys, I'm running a small fund of investments and doing well. I am computing the return of the fund based on the initial balance at the beginning of the measuring period (say Jan 1, 2006). Let's say the fund is returning 16% so far this year. A client wants to add funds to the fund. I'm...

I am aware that I need to change it to on-calculate. I knew that something was wrong because it would only work when I first start it. Thanks for pointing this out. I will make the adjustments and let you know if it works. Thanks for your PM as well.

I'm very glad that you have been able to find something useful in what I'm sharing. I believe in karma and now know that I will find help when I need it. :) I will continue to chime in on the threads I have been following. Our paths will surely cross again. Best of luck and regards.