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Christ. Is there a country out there that's immune to this kind of stupidity?

They're not unreal if you have a genuine edge. It's just that having a genuine edge is statistically unlikely.

I own GLD. I see Sinclair's point, but where am I supposed to store bullion in NYC when I am a renter and am not allowed to have guns? Security is such an immense problem.

I would like to have him interview stock_trad3r

Yes it is, if you have fat fingers. "Oh $hi7, I put out a 1k share order in an illiquid bastard with a 50 cent spread that only trades twice a day and managed to "hit the hudson' by dumping my shares on the only one other dumb guy in the world who trades this stock."

If you consider Advanced GET to be good, anyway. 100% automated is difficult because of corporate actions, surprise dividends, delistings, etc. NYSE/Euronext has a steady stream of this crap almost all day long. Aside from the manual interventions like that, automated trading is very...

First they go over taxpayers and voters who refused tarp, and now they say that because they did tarp, they can nationalize banks? This is not America. Wake me up from this horrible dream. What have they done to this beautiful country!

Great post. It isn't buy and hold that gets me so much as it is mutual funds. Fidelity, for example, has some garbage 30 day hold or -1% penalty rule. Why put up with this crap when you can just buy/sell ETFs. With inverse ETFs now, it's a great way to make money in all kinds of markets...

$1000 a month is just not a workable deal in NYC. If you're paying $1000, you're either in the ghetto or commuting so far that it's just not worth it anymore. I've given up on cheap apartments. They've got roaches, negligent landlords, etc. In my building, the landlord more or less knows...

I'll likely colo my trade boxes in a datacenter and remote in to address any issues. I expect this to work within reason.

There's a few towns in the midwest giving away land if you commit to building there. Osborne, KS is one of them. They have high speed net. However, the jobs page on their web site is a bit lacking. (The web site is like 'discover osborne' or something. Check it out.) If you're going to...

He's laughing at madoff investors and my name has to do with the fact that my trading strats depend on sub-5ms latencies. Pure coincidence.

I just moved out of Washington Heights. A year ago, the crime was negligible. All of a sudden, in the past 6 months, women were getting assaulted on the streets. People were breaking into my building to steal jewelry. The police kept buzzing me at night because they knew I'd open the door...

I don't believe NYC offers security. NYC is going back to the 70s, and the poor in this city are arguably some of the most militant, violent, entitled people around. The city is becoming more dangerous by day. What makes NYC more dangerous is that the poor are effectively sandwiched into...

My personal view is this: I expect the US to fall into total chaos over the next decade. I don't think the stimulus will work, and I think we're looking at a real depression that's 5x as bad as the great depression. I feel as if the American population has become morally bankrupt, and that I...

What kind of truck am I looking at? My dad has a 50k F-250 that is a monster. I don't want to have to go as far as getting an F-250 to pull around my home. I'm hoping the lowest end 4WD drive I can possibly get. I've never bought a truck. How do I quantify what kind of power I need in a...

I live here, so I can tell you what the real deal is. There was a good chain called Burritoville that went out of business. Ruby Foo's in midtown is bust too. Starbuck's is still packed and people are ordering latte's, but the packedness is deceptive because the "consumption density" isn't...

My dad said that the diesel engine maintenance costs would screw me over, over the long run. Whereas, a hitched RV would have no such problems and would be usable for much longer. How much weight should I put into this fact?

What are the drawbacks? Tell me all the worst stories up front, don't hold back.

Please don't delete this thread. I didn't even know such software existed and have been manually going through this hassle. I hope more people response. Please, please leave this thread and/or move it to career trader.