Search results

Surreal, massive predatory attack in CL, in a deep lull at 6:18PM after the re-open had settled down. Market bullish (and now higher than before the attack). Everyone Long with a stop-loss was robbed of all of their contracts at a huge 50 cents of pain ($500/contract). Behold the criminals who...

Yes. Bear in mind new rules require you to make 1% repayments on the principal each month.

Remember, banging the close is legal if they do it, a crime if you and I were to try.

I've never had $1 added to an Energy margin. And even big clearers add to margins. I don't short options so I had no idea about the "Daily Exposure Charge." I apologize about that. I've never heard of it, let alone pay it, despite routinely holding futures positions to expiry and thru IB's tier...

The VAT starts out as a wealth tax, taxing the creation of value as opposed to the subsequent disbursements (to toil, as rents to capital, etc). But every country with a VAT then retained income taxes, etc.

The most economically efficient form of taxation is on wealth, not income or consumption. The problem with wealth taxation is governments who try any variant of it invariably retain the other taxes as well, defeating the purpose. Unless you are wealthy, in which case you can agree to pay back...

Half dozen quotes, but I will guess only 2 at most are actually daytraded for any size, namely Brent and NBP. $85 isn't necessarily a lot of money, but I agree it is the most annoying market data charge. It used to be the case CME data were comped by everyone using a "trick." CME is now a big...

I added XOM's all-in costs per barrel, Tillotson's comments and the Gasoline crack. You "added" working Eric Holder into it- you get a "95" score at Fox since you forgot Benghazi. The biggest lie by speculators has been the overstatement of production costs. Some trailer-trash have even claimed...

I think there is a "politics" forum for loaded right-wing trailer-park ideology like this.

Crude Oil prices, while low, are not actually at an "extreme" and are not the victim of speculation. The oil companies remain very profitable at these prices. XOM's all-in costs per barrel are $20 and Tillotson said just today on CNBC that they would be fine with WTI at $40. Speculators do talk...

Great questions. It's impossible to attack when there is a thick stack of limit orders from other parties. The attacks always occur during "lulls" of some kind. Note the market is now much thinner than in the past- many human traders have left the business, especially at banks. So we have lulls...

Oil is dropping because USD is strengthening- the Carry Trade in crude futures is being hit. I have no view on any stock. But as a company many in the Oil space are great: STO, RDS, ...

Alex, IB passes on CME margins without any increase at all, one of their very best features. CME's maintenance overnight margin for NQ is $3600, same as IB's. I doubt anyone has $500 intraday. IB are very legit about margins, executions and costs. IB has the best API in the business. But, IB's...

Investing.com is a free website., including 15-second delayed exchange data and a very comprehensive news service with global coverage (I was alerted to Brazilian CPI this morning, to give you an idea). The free android/iPhone app has the same free market data. I also have Reuters so I didn't...

I don't know much about the stock, but STO has the best franchise of any oil major, in that their Natural Gas business is remarkably protected..

An 15-cent attack in Crude Oil, just completed. Note the second attack, 10 seconds after the first. If trying to fade these moves by hand, I advise always waiting for a second attack. Also, note Crude Oil is now 30 cents higher than before the attack. That was the point- it was going to be...

There is no constraint on focus- it's separate computers that never get tired or distracted.

Wow. So, you pick stocks like AAPL, with a tight spread, and buy and sell 1000 shares instantly, paying 1 cents each + $10 times 2 trades, or $30. You pick 10 or so stocks to do this with. Total cost $300. Then, whenever you have a realized gain elsewhere in your portfolio, in your core...

So, when short sales are restricted, the Exchange would recognize a sale as a sale from length? Wow- clever.

You don't actually "hold" both- your holding is zero. You may have limits orders you are willing to execute based on earlier distinct Buys and Sells, but your holding is zero. You may be Long 1 on conviction with a Target $1.00 above the current price, but want to make a quick daytrade Short...