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    SP Trader - Huge returns...anyone invested with them

    Their equity curve looks too good to be true. You could bet the ranch on a fund with a Sharpe ratio of 5 and quickly have all the money in the world. Why would they even bother to take outside money with a record like that? Much less pikers with 6k minimum accounts. Traveler
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    Anybody own a house?

    The tax free aspect of trading your personal residence is pretty strong. But you have to compare it to capital gains tax on stocks which is only 15%. Traveler
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    Anybody own a house?

    I own a house with my partner. I own a rental house in another city that I'm selling. We are renovating a French Quarter house and will move into it when it's done. The house we live in now will be rented out for as long as it returns positive cashflow. As for the buy/rent decision, it's not...
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    what is the single best way to protect home value?

    Get someone to sell you a put on it. Or short housing index futures if they have your geographic area. Or the simplest thing. Sell it to someone and rent it back from them. Traveler
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    True story of sacrifice, what life is like with brains, balls, but without bucks

    These are all great ideas. The basic theme is get a higher paying legit job and keep your expenses as low as possible. That's going to have to do unless you can find a firm or relatives willing to stake you. I always thought someone should develop an exchange for disclosing plans and staking...
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    Private Messages

    You are using free forum tools hosted on a computer that doesn't belong to you. You should not have any expectation of privacy. Traveler
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    Institutional trading cost

    If anything many of them pay more (per share) than you do, but get in return various services and better access to information flow.
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    Anyone who buys this book shouldn't invest in hedge funds

    This has got to ba a contrarian indicator just by its existence. http://www.amazon.com/Hedge-Dummies-Business-Personal-Finance/dp/0470049278
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    NETeller Founders Arrested in London

    Glad I cashed out in October. Too bad the US won't mind it's own business.
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    Managing money for others

    There are probably people here, myself included, that are looking to place money. Wonder if ET can be a clearinghouse for this activity? I would be interested in talking to anyone who has a good track record and method. I am probably not the only one. Traveler
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    Even Simpler Profitable Method

    Panzerman, Don't let this discourage you. Keep coming up with ideas, but find a way to test them first. Traveler
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    Spring Cleaning Sale

    Got some gambling/investment books for sale if you guys are interested. No more room on the shelf, so they gotta go. Traveler http://shops.half.ebay.com/ws/eBayISAPI.dll?HalfSearch&seller=gozer123athome.com
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    Where's The Professional ET Forex Traders?

    We should really only allow traders to quote returns on the notional underlying rather than on margin. Then the account size comparisons wouldn't matter.
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    Trading in a Different Country

    If you're making 80k or less you can use the foreign earned income exclusion, which is intended for US expats who are paying taxes in their resident country rather than in the US. If you reside in a country without tax then you pay tax nowhere. You will have to find a way to turn trading...
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    How much cash to draw from your stratgies

    Are you talking about fixed Kelly, in which you resize bet sizes downward as your bank lowers, but you remove profits rather than raise bet size as you win? If you're doing the original Kelly you would raise/lower your bets as your bank increases/decreases in proportion to your edge. I...
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    Idem Cbot Lease

    I didn't think Timberhill wanted to clear for anyone but well-capitalized institutions. They take on a lot of risk agreeing to clear *all* a member's transactions if they are an local without a lot of money. Traveler
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    How much is 'A Good Living'?

    A good living is different for each person. It depends on your lifestyle and to some extent, the lifestyles of other people in your peer group. If you are making enough money to not worry about money, you're making a good living. Might be 20k or 500k a year. Traveler
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    Prediction: RIMM Will Be An Extinct Company By 2010

    These devices are a social version of stopping to smoke a cigarette. A little time waster if you're sitting by yourself somewhere and don't want to feel like a loser. Sending text messages to faraway people rather than interacting with the people next to you. Traveler
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    Best wireless provider for trading

    Verizon allows VPN. It is a way around their restrictive AUP. Talk on various message boards is that 10 Gig a month is what gets you kicked out. You'll get a warning first. Traveler
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    EFX Group

    Can you arb these guys against each other or can you never get a fill on the bad quotes?
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