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    Is This Company a Forex-Trading Pyramid Scheme?

    Trading education and programs have gotten out of control, because there is some much marketing bullshit out there. As a retail trader who has seen a lot of bullshit, and has wasted money on a lot of bullshit, and knowing what I know now, I won't get involved in any of that shit. Further, if I...
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    Pandemic has killed globalisation, says Carmen Reinhart

    That may be true, eventually. But, how long will it take for factories to be completely retrofitted with AI, thus replacing workers? Ten years after the pandemic, 20 years, perhaps 40? Who knows? Globalization will survive in the interim, and well after the pandemic has been contained or...
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    Pandemic has killed globalisation, says Carmen Reinhart

    Lately, I have been watching NTD News and Australia's Sky News. If the accounts are accurate, China is a really BAD actor in the world.
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    Pandemic has killed globalisation, says Carmen Reinhart

    The global economy has a short memory. Once this pandemic passes, it will be business as usual. Comparative advantage still has value. First world corporations won't abandon third world labor markets and start making widgets for $5, when third world labor markets can make them for $0.5.
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    Popular daytrading account size

    That video was a classic. I am an IT professional (IT Support), and understand the software developer types-- arrogant, confident, smart, and very rules-based. Dude thought he could read books on technical analysis and trade mechanically. It makes sense from his perspective, because...
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    CME - Why Smart Money Trades Spreads

    I keep reading comments about small account size and large account size. Can anyone here define what constitutes a small account and what constitutes a large account?
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    CME - Why Smart Money Trades Spreads

    TD Ameritrade is one of the worst place to trade futures (spreads and outrights): 1. They don't offer day trading margin on outrights. 2. They don't offer margin offset on on intermarket spreads. As bone said, find an FCM. I only use TDA for charting. The charting is very good and simple.
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    Finding spread trading opportunities

    Arb Maker is now defunct. Does anyone here know of similar software to forecast mean reverting of spreads and butterflies?
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    Passed: $3T Coronavirus Relief Bill

    It's not excessive at all, especially when they are asked to risk their lives.
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    Passed: $3T Coronavirus Relief Bill

    Of course it is dead on arrival. It doesn't enrich big business in the form of grants and deep tax cuts.
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    Facebook Owes $52M to Moderators Who Developed PTSD

    PTSD over Facebook postings? Yep, Millennials. Talk to me when people have seen traumatic shit in real time (i.e., on the mean and squalid streets, or in a war zone), not Facebook postings. Facebook postings? Really?
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    Cares 2. Get ready for $10k per month checks for familes of 5.

    I will admit that people should not have kids they cannot raise properly. Livable wage should be pegged to the single person standard. Anything beyond that, employees are on their own.
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    Cares 2. Get ready for $10k per month checks for familes of 5.

    Follow the link tiddlywinks provided. I will add that a livable wage should be dependent on situation, and within an acceptable range of the CEO. It's ridiculous that for CEO to have a salary ratio of 271:1 compared to rank and file. The rank and file do the damn work. To put things in...
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    Facebook Owes $52M to Moderators Who Developed PTSD

    I was going to write an in depth opinion. Instead, I will just cosign your statement.
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    CFTC warns Oil can turn Negative again!

    Newbies should just find another contract to trade...
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    Cares 2. Get ready for $10k per month checks for familes of 5.

    If unemployment pays more than what employers are paying, then why would a person want to return to work. That's not an indictment of a person "being lazy." It is an indictment of greedy employers who want to maximize a worker's productivity, and pay them a non-livable wage while doing it...
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    Cares 2. Get ready for $10k per month checks for familes of 5.

    The idea of flying cars, quite frankly, scares me. A better idea is for the government use "imminent domain" and expand the freeways.
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    Cares 2. Get ready for $10k per month checks for familes of 5.

    Good idea. But did they forget that we live in a capitalistic system, and everyone believes they are a capitalist despite the fact that they have little to no capital.
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    Found that dude trading CL with an IB account

    And to think IB was ranked #10 out of 40 FCMs in 2017, and #12 in 2020: https://www.managedfuturesinvesting.com/wp-content/uploads/2018/02/2017-Top-FCMs.png https://www.managedfuturesinvesting.com/wp-content/uploads/2020/01/2020-Top-FCMs.png Perhaps the criteria needs to be changed....
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    Found that dude trading CL with an IB account

    Good point. I never considered that. However, when I think about it, discount brokers need fresh blood like Shah; hence, it's not in their nature to run away from traders like that, when they should.
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