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Are you really serious? I hope you're trolling but I'll explain it even though it has already been shown in math already. Btw, we are assuming the total value of the futures contract is what is being taxed. So let's take a .1% on a $60,000 contract, that is $60 a a trade or $120 tax a round...

I don't know much about the fundamentals of what is going on but if you are that sure, shorting wheat outright would be the most profitable. If you think the market can be irrational for awhile and want to hedge, do a spread of corn and wheat and then when you see it going your way or have...

So instead of coming up with an actual counter point, you make a random statement that has nothing to do with the points I made. Who said Americans weren't smart? Like I said, if being a lawyer was so easy and all of them make so much, go and do it.

The rich will always have access to better lawyers as money will always get you better service. The question is how to bridge the gap of the quality of lawyers available to the poor versus the rich or how not to overburden public defense attorneys to the point that they give bad quality work to...

Tort reform, you guys make me laugh and know nothing of what you talk about. Insurance companies are the ones that make out big when caps are put on. You also get shit doctors getting off free when they do shit work. So yea, cap what people can get in a lawsuit. It makes plenty of sense. Oh did...

I love all the people hating on lawyers. If it's so easy, become a lawyer. I mean all lawyers must do barely any work and make shit tons of money, right? Most lawyers are not rich and most lawyers don't make that kind of money that quickly. Who are you to say how much one should make in a...

I'm not saying it has a good chance of being passed. What I'm saying is that if it gained traction over here, don't believe for one second the big banks are on our side. They won't fight for it to not happen but to fight for an exemption.

No, you can stay logged in as long as you like. You may get disconnected on Saturday/Sunday morning, but no trading goes on at that time anyway. If you don't need all the different instruments IB offers, you should go somewhere else. DDT has superb customer service while having risk limits to...

That's exactly what was passed in France, and what do you think the U.K. Stamp fees are? None of the big firms pay that tax.

This assumes that banks and other big professionals are not exempted. The banks would love this to pass with them getting an exemption. All other market makers would be put out of business which would allow them to control the market and spread. It would widen a bit but not by too much, allowing...

Are you asking the difference between the Euro Currency and Eurodollar futures? The Eurodollar is dollars held in banks outside of America with 3 month hold time on the futures contract. Eurodollar is an interest rate instrument, kind of like LIBOR I believe.Just going off memory so my mistake...

Oldtime is completely right on this. All this information is available on the cme site itself and probably already been asked on ET. People are insanely lazy when it comes to finding information themselves. If you don't have the initiative to google basic information, I doubt you have what it...

Sorry to break it to you but HFT don't trade off a 5minute chart or use stochastics. By the way, I thought you were making so much already that you had assistants? Why would you want to venture into the rip throat world of HFT? Just size up the trades you already do.

To protect traders = to protect ourselves.

Yea, when I said customizable, I meant the chart itself and not the studies. I actually just emailed them about it, and they said they are working on a spreader and customizable charts but don't know when it would come out. The treasury curve has interested me, but I use CTS for now and like we...

I wish CTS let you chart treasury spreads. They have NOB, BOB, etc charts, but they are useless as they always reset to zero. Maybe they will work on adding more flexibility to their charting as you can only chart the obvious spreads. If CTS had customizable charts, I wouldn't think of switching...

Just being able to overcome commission and fees to be breakeven makes a person in the upper half of traders. Making a living on trading puts you on a higher tier. If you are able to make 5 handles or more on the ES on a daily basis, well you should be quite the millionaire. Using a 100lot...

Higher education is not the answer. A lot of those super traders in the big banks are actually horrible traders when you take away their ability to constantly average down and better information they get by being in a bank. I'd be a pretty <del>fuckin</del> amazing trader too if I had $200...

The only problem I see is the lack of being able to export nat gas to Europe and Asia, and the fact that we still refuse to widely use nat gas in our country. I would've been long nat gas at the $2 area, but I really don't feel like dealing with that contango. Very easy to destroy your position...

I don't understand why anyone would want to use margin with a broker who would liquidate you on option spreads. Either get personalized care from a broker or go to one of the smaller firms that actually care for your business. They might have a few good customer service people but overall its...