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He has to go, on the other hand not reappointing him and chosing someone else is fraught with dangers. Maybe they should bring back Volcker for one term.

Is there any serious alternative to QT ? It sure sucks that IB can't even come up with a decent charting platform a bunch of fools run TWS development.

So because you were born in South Central you are lazy, stupid and criminal ? ! I didn't know one could be so idiotic !

Most rich people get there out of luck, at least partially, it's no wonder many lose much of what they have when a huge crash occurs like last year. Most of them are clueless about what to do with their money, they have to rely on their "advisors".

They should institute a special tax on financial services workers, anyone who works in IB, M&A, trading, back office, mgmt etc.in a bank will see their top bracket go to, say, 85% for the next 5 years. Not complicated , why aren't they doing it ?

you don't train to be a trader, you dive in and you trade. You read stuff but what you read is like a college education , it's not practical on the job. and you will have to throw some of it out the window. But anyway trading is not a job, is not a way to earn a living . I am not...

That is the so called "sucker's approach"

From a non option trader : you need to know what they are, after that I found the only thing that you need to understand is delta and how it changes (gamma) and be aware that you own an ice cube (theta) and that vol can destroy you when it collapses (vega). Options outright on the long side...

I have been looking for the TV documentary "Traders", I believed it aired on PBS afew years ago. There was also another similar documentary aired back 01-02 also on PBS I think and which recounted the LTCM collapse and featured futures traders and the Nobel Prize winners that worked on LTCM...

I think this is getting very serious, even without the virus mutating when you hear about the rate of speed at which it is spreading you have to be concerned. Govt and WHO have already acknowledged they are completely powerless, there should probably have been a travel ban to all infected...

Fools can make money. A lot of dumb people make a lot of money in life . Even in the markets fools can make money (especially if they are a mutual fund manager ), as for tarders as long as they have good money mgmt they can be OK but most don't last long. As for the market wait until tomorrow.

Those who remain long now are plain fools . I am amazed at the stupidity of the longs in this market. This market is so messed up by liquidity, programs and God knows what, it should be shut once and for all and reformed. I don't know who is buying stocks because people must be completely...

wait , watch this...

If you haven't yet realized the truth of my statement then you are the ignorant and probably just another dope about to get a reality check

Of course it's all a lie. Corporate executives are professional liars just like politicians, only worse. We are lied to all the time. Lying is wrong only for the average citizen.

As a trader, you do not need any proof of this, it was obvious . I suspect those who claimed it was demand were just talking their books as always, the vast majority of people in the business said it was demand. Crooks and people talking their books, tell me something new ...

thanks for the link. Hilarious video so far ... but should be interesting

WTF is going on with Nasdaq ? My guess is it's summer's low volume and shorts getting squeezed and the sheeps going long and the dopes ... Same old circus all over again. Send your free money here , please.

this is simply a flawed strategy

Exactly