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  1. 1

    IL state income taxes to go up 75%?!?!?!?!?!

    When the original Anglo-Texas population is finally overwhelmed by newcomers, the state will go to hell as has already started to happen with "sanctuary cities" and the like. Folks, demographics are destiny. Don't let liberal fools con you into believing otherwise.
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    IL state income taxes to go up 75%?!?!?!?!?!

    Detroit was destroyed by "white flight" and African leadership. So far as I can see Chicago is not suffering "White flight". As they have shut down the downtown the "projects" and distributed the African population throughout the suburbs (creating a new crime blight in once peaceful areas)...
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    Does IB hunt stops?

    This perplexed me at first too. As you realize though, it is easiest enough to change the default setting.
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    Does IB hunt stops?

    The entire universe of successful short term traders are in one way or another hunting stops. Why bother blaming IB?
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    Of the complexity of trading

    It has to do with motivation: Where a person is on Maslow's hierarchy of needs.
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    Why do people believe day trading will get them rich quick?

    It depends on what you mean by "quick" If it means sit down at a computer and with low capital, no experience, no knowledge (other than reading market wizards) and then print money, well that is so improbable as to be realistically impossible. If it means become wealthy to extraordinarily...
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    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    Tons of good ideas worth considering resulted from the contest! I added some stocks to my list and might buy long dated calls on a few of them.
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    A social networking dot com worth $50,000,000,000????

    U know what I would like to see? Something that did social media using a Wikipedia-like or even craigslist type model. In other words, intentionally NOT exploiting every last ounce of profitability. Keeping user data 100% rock solid. No intent and no desire to whore up the site with...
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    A social networking dot com worth $50,000,000,000????

    I think many of us have a hard time understanding this stuff because we are not a part of the mainstream consumer economy. We are detached/not interested in what the majority of people are doing or wanting. We do not have a secret desire to be "whore for a day" and thus are not...
  10. 1

    Suppose you know you are an idiot, what profession should you choose?

    From what I have heard, civil-service union jobs are the absolute best of all possible worlds for near-morons or total morons.
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    A social networking dot com worth $50,000,000,000????

    Women. My understanding is Men and women have completely different online profiles. men: Sports, Stock quotes/business, Porn Women: Shopping, Shopping, Shopping.
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    Goldman to invest up to $1.5 billion in Facebook, let the pump begin

    I heard it has 2B in sales. 50B valuation = Price to sales ratio of 25. I am curious how badly the big firms fleece their clients with these deals? I would bet that any time you are given, "exclusive access" that strokes your ego on average you are about to get FLEECED. I will stick...
  13. 1

    A social networking dot com worth $50,000,000,000????

    Though I generally wish success to all, I admit I would love to see this slimy company crash and burn!
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    What would/should the "small" investor invest in?

    Best thing for a small investor is to get a risk free 5 - 6% (minus tax deduction) and pay down your mortgage ahead of schedule.
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    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    Folks, with the new year approaching, we have much to think about in terms of planning and getting focused so that -God willing- we can make 2011 our best year ever. The contest is a wonderful opportunity to do some macro-brainstorming or fundamental stock picking for the coming year and to...
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    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    It might be that when the current year's positions underperformed, it is easier to want to start fresh in the next year with a clean slate. When the current positions have worked well, however, one just wants to let it ride rather than let the tax man take his cut prematurely. Perhaps...
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    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    Get your entry in by EOD tonight! (31st!!) Prize up to 4k now!
  18. 1

    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    If indeed Thoreau is Mr. Niederhoffer (Rather than one of his associates?) He has already contributed his ideas. See the third, fourth, and fifth paragraphs of his post on the contest. ...And you would buy any dip in what? How do you define a dip? Any rules for re-assessment or taking...
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    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    Kinggyppo, This is not Mr. Niederhoffer's first contest. In fact, I won one of Mr. Niederhoffer's contests years ago for a submission I wrote in to his site. I received a personal check in the mail from him shortly after he declared a winner. My guess is that the winner of the...
  20. 1

    Niederhoffer's year end contest! ($2500 prize for 3 best 2011 trading ideas)

    Thoreau777, I did not respond to the snide remarks because I have noticed that responding seems to only contributes to the thread-clutter/troll poop. The thread's purpose was to draw attention to the unique and interesting contest that Mr. Niederhoffer generously created, that is all...
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