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If I'm reading this correctly, this shouldn't apply to traders as our gains are already taxed at the short term capital gains rate, which is just the regular income tax, and not at the long term capital gains rate which is what this tax increase covers. Someone correct me if I'm wrong.

I can't find my tin foil hat!!!!

shadowstats is only slightly more accurate than using a magic 8-ball to estimate economic data.

Here's some real advice. Find another strategy or move on. You'll never get anywhere trying to scalp thick semi conductor names like Micron using common technical analysis. And Level II these days is beyond useless, I basically ignore it unless I'm looking for some large size to take...

After a record 2008, 2009 was my lowest earning year since I started trading full time in 2003, and I suspect this year will be even worse. Opportunities are fewer and moves are become more unpredictable. This is a time to survive and wait for better markets. Your hyperaggressive gut-feel...

As a full time trader for the past 6 years, I've followed this thread with interest. Neke has a very discretionary trading approach. A combination of market timing and news plays. This style worked quite well for much of 2008 as the financial crisis resulted in alot of forced liquidations and...

Take a look at his mug show...really went downhill. http://www.thesmokinggun.com/archive/years/2009/0327092sham1.html

The real question is not if IB is safe, but rather which firm would be SAFER than ib? I can't think of any that works for an active retail trader.

Praetorian had a number of big scores in penny stocks back in 2003-2006. It looks like all of his positions simultaneously collapsed in this current market cycle however. I remember him to be quite a good intraday trader as well. I wonder how well he could've done had he merely stayed with...

An update: Praetorian recently shut down his institutional offshore fund after huge losses in 2008. The unique thing was since he owned so many illiquid penny stocks that he couldn't sell, he gave those shares directly to his investors. I suppose its better than getting nothing...

Thats not what the news reports are saying. It looks like the his entire asset management biz with about $17bil was one big ponzi scheme and only a couple hundred million is left. Not sure where the $50 billion number is coming from though.

This seems like a pretty big news story, the reason why the ES futures are down 10 in afterhours. I'm not familiar with these guys, but according to the news reports they are a big stock market maker and the fraud is in the "billions". Anyone with more info?

Can anybody explain the technical reason why the DUG etf, which is supposed to be twice the INVERSE of the oil and gas index as had such huge tracking error? The etf is near the lows of the year. What exactly are the actual positions this thing holds?

I was wondering my my accrued interest was staying flat, and then I checked the website and saw that the US benchmark rate is now 0.12%. Thank you fed.

A strong year end rally? Thats what alot of the pros are calling for, perhaps too many. It seems like EVERYBODY thinks we've seen the lows of the year. In any case, keep your eye on crude. If it doesn't move above $50, this rally will not last. I also find it interesting the euro and pound...

Flash, you've been posting about your trading troubles for years now. This may not be what you want to hear, but it might be best financially and mentally for you to just let trading go. All trades have a stop loss, including your career.

95% get great results. 5% have serious noncorrectable complications. the worse your vision, the higher the risk. http://www.lifeafterlasik.com/patients.htm

The risks of using the CME to clear credit swap trades would be more than offset by the opportunities it presents if retail traders are now able to trades these products.

Wow, statements like that make me think you're just trolling the internet message boards. And I thought this was going to be a serious discussion about gold. I'm outta here.

Yeah its been a lot of press lately. Its a good idea in theory but the problem is that almost all the participating banks are small community banks. You need to pick a primary bank to handle all your transactions, so you won't get the huge nationwide network of a chase or bank of america...