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And just for balance... To point out one of the MANY positives about Interactive Brokers... "our interst of amounts exceeding $10,000 is exceptional" Thsi is an understatement, if anything. IB actually pays interest on your short position. This is entirely voluntary... A Fair Play...

Simple methods... for simple enterprises.

Just to provide an example of the IB Religion gone haywire... IB no longer accepts bank drafts, money orders, or paper of any kind... ONLY electronic transfers. Now this does not affect me... But it's another example of REFUSAL to provide a basic service... One could list a dozen...

It's impossible to provide a quality feed for $50/month... Or all those Pro Traders paying $300,$500, $1500 and up for Enterprise Level feeds are fools. You get what you pay for... And discount vendors will just lie to you if there is a problem. There is no "bad data" coming from the...

Recently... 18 months ago. MSFT is not the competition... GOOG giving it all away for FREE is the competition. A personal example about GMail... Switched by business email to GMail over one year ago... It's fabulous and FREE... And after 15 months... I am getting about ONE spam/day...

In complex software terms... 200K is chickenfeed. You might get 3 guys in their 20s for one year. That's just to clone something... Not invent and evolve it over many years... And keep it running and evolving to "stay ahead of the curve". You are really talking PER YEAR. Your average...

Sorry, Don... but this is untrue... pure baloney. I interviewed with Bright Vegas a while back... And the Vegas "manager" showed great interest in my very sophisticated trading methodology... Stated that he was going to work closely with me (to learn exactly how I do it)... And then, of...

I'm an overachiever... and it's not BS. "Random walk" really means... financial markets are "too efficient" to exploit. All very liquid securities are "too efficient" to exploit (99% random)... Many isolated or complex market niches are quite inefficient... and are profitable (80% random)...

If this guy's story is accurate... The way IB handled this is comptempuous, scary... and "not in compliance". But it's not surprising. IB owe's me a dividend... And I will have to make 3-4 phone calls to the Institutional Desk where they will assume I'm retarded... Then more calls to...

Your advice must be targeted at the smuck trading a $10,000 account in his pyjamas... And who would care much about his 10K anyway? For most sophisticated trading operations... Each trader will be running at least 3 networked PCs and 5-10 monitors... And at least 5-10 complex real-time...

To oversimplify... a good "pair" of securities: (1) Have an expected, rational, long-term close relationship... with correlation > 0.900 (2) Are usually of the same class of securities. (3) Are illiquid or exotic enough... that one can exploit short to medium term market...

This is not a "pair"... And this is not an example of "pairs trading". It is a directional bet on medium caps and tech stocks versus large caps... But, really, a pure gamble... due to the efficiency and randomness of market sector and indices.

Anyone who has spent > 12 months in the business world... Learns that no one will EVER read a 10-20 page letter... It goes right into the file or gargage or shredder... So, really, only a ranting idiot would write one. Rule: ONE page, TWO pages MAX. I feel sorry for the folks... that...

Why is it "horrible"... for a "pure discretionary trader"? I see a more level playing field as good for everyone... except Market Manipulators.

Funny thing... I reconcile my accounts every day. Any unauthorized trade would stand out like a herpes sore... Could not come from my IP address because I have a good firewall... And would be quickly reversed. Can someone post more than idle speculation? Can someone post a link to a **...

As a pure, computerized Quant... I am growing inceasingly optimistic. My firm is successfully adapting to increasing market fragmentation (so far)... And our volume and profits have been rising the last 6 months. I think the NYSE floor will be gone sooner than anyone is predicting. The...

From pdf: > Conclusion > It is not the Commission's task to > ensure NYSE ** specialist > profitability levels ** by maximising > their proprietary trading > opportunities. > It is the Commission's task to enforce > applicable law strictly, to put the > interests of public...

I said 1000s... ** plural **... it makes a big difference. Also... no one addressed my point: Only ** productive work ** can contribute to economic growth = prosperity for all. Goverments do not build extremely expensive universities for "religious reasons"... They do it to produce...

It's not just about tax money... gambling hurts the economy... Because NO/NONE/ZERO productive work is done by the casino industry... It's a giant leech on the rest of the economy. Vegas is the Bugsy Seigel/Meyer Lansky social model. Nevada is a giant parasite on the other 49 states...

This guy is right. One can argue that hegde funds are MORE heavily regulated than mainstream securities... Because rich people and entities can ** afford to litigate **... And customers that can crush you in court.. are the ultimate regulatory mechanism. People who promote regulation...