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  1. K

    Why do people trade ?

    A job is different, you do your job and at the end of the day you are paid. Doesn't work like this in our line of work as you know. Now I say if you make money effortlessly and lots of it and reasonably expect it to continue for some time then great , but we suspect there may be only a few...
  2. K

    Why do people trade ?

    Why do you guys even trade ? If you are a US citizen you pay 35%taxes on stocks or a blend of long term and short term rate for futures, with the odds of making money against you to begin with , why waste your time ? I trade because I don't pay taxes , if I had to pay 35% , pff I would just...
  3. K

    where does YG trade ?

    thanx, I get quotes now but this product is dead, no trading taking place in the April and aUGUST CONTRACTS
  4. K

    where does YG trade ?

    wtf is NYSE LIFFE, Do you have to pay for data ? If you do ,this product is dead ! Such a shame, looks like I will only be trading GLD from now
  5. K

    where does YG trade ?

    on NYSELIFFE? wtf ! I am not getting quotes and it looks like the trading venue is no longer ECBOT but NYSELIFFE. Did they just kill a great product ?
  6. K

    How little capital could you make a living off?? ;)

    this thread is obviously for newbies by newbies. No way you can make a living with this kind of money . Yeah you can make a living for a while maybe but that's not enough to build on. Then there is the luck factor, sure there must be some traders out there who parlayed 30k into millions, but...
  7. K

    Where do all the newbies come from ?

    what's the deal ? There have been mini accounts since 2003 when I got interested in FX, it's pretty much pocket change , you can make lots of it but a living ? So micro accounts ?
  8. K

    Where do all the newbies come from ?

    One question comes to my mind when I started lurking on here after some time away... why so many new registered users and how did you get started ? Haven't you heard trading is a losing game yet ? And hasn't every inexperienced trader involved with stocks got crushed in the past 12 months ...
  9. K

    Any FOREX retail traders still alive after 3/18

    CRAZY MARKETS, THEY SHOPULD REALLY GO BACK TO FIXED EXCHANGE RATES, THESE GYRATIONS ARE SICKENING FOR EVERYBODY. IN THE MEANTIME I AM FORCED TO SPECULATE IN CURRENCIES AND THANKFULLY WAS LONG EURO AND AUSSIE , BUT AFTER BEING SHAKEN OUT OF A BIG CHUNK OF MY POSITION AT THE BEGINNING OF THE MONTH
  10. K

    Hugh Hendry blows up

    He's not blowing up at all, what are you talking about ? If anything he's up huge today with his treasurys holdings. And he's been right about shorting gold til today, my bet is h'es covering right now. He's a great investor and very entertaining to listen to for sure, he just sucks at...
  11. K

    Why does IB stock keep going down ?!!

    I am not so concerned about the dollar amount I may lose on the stock, I kept some shares so I wouldn't lose sight of their stock performance. Obviously I am concerned about the health of their business. That said, if I were one of their fans who put part of their portfolio in the stock I would...
  12. K

    Why does IB stock keep going down ?!!

    Whats going on with their stock ? I still own 50 shares that I thought I would keep to monitor their health but frankly even at 50 shares I am pissed off at the loss. Even MF is going up these days! What is behind this continued grind lower ? And does IBKR have any edge in the space to...
  13. K

    Anyone else think they'll suspend mark 2 market to force a bounce?

    uptick rule ? why not, ain't gonna solve all the problems but there shouldn't be such rule, or else a downtick rule as well. M2M needs to repealed in its current form imo, it's bringing down the system thereby creating a self fulfilling prophecy
  14. K

    Flame all you want but I've started buying...

    I suppose you are aware of contango in crude , heard there is a better vehicle, USL. But whyn buy crude now ? Same with Russia, they are untouchable imo . Own some in my portfolio, never again . With the KGB man in control, anything is possible.
  15. K

    My solution to this mess

    Mark to market has created a self fulfilling prophecy. All markets have collapsed following the credit market turmoil , credit ratings were destroyed further with the stockmarket collapse, and the credit crunch got worse, companies went out of business sending thousands to collect unemployment...
  16. K

    Why do people frown upon goldbugs?

    coz they are a bit sick in the head or come across as such
  17. K

    My solution to this mess

    I am just sick and tired of this market that keeps going down, this is big scam just as $140 crude oil was. Market is very near being most oversold ever . According to Dick Bove, the default rate on subprime is only 3% and 1% or so for the rest. What's going on is a wholesale liquidation of...
  18. K

    Credit card crisis looming?

    These COF people are crooks. Does that mean all your balance is charged a 29% interest ? Glad I live in Europe where this is not allowed. Just wait, Obama is gonna make this illegal expecially if there is any chance it will affect the economy.
  19. K

    IB TWS too complex

    TWS is way , way too complex. The people who have worked on its design or made the decisions in the past 3 years are obviously idiots.
  20. K

    IB relocated to India ?

    that was a joke obviously ! But I wonder why someone in Europe would be dealing with IB "India" . Talking about India, I recently ordered $600 worth of stuff on Amazon A to Z stores and got only $200 worth ofgoods and Amazon went dead after they reimbursed me for one of the item , the least...
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