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  1. rmorse

    RAM Issues

    How do you know your running out of RAM?
  2. rmorse

    To those that say trading is a 0 sum game...

    Either way, I enjoyed a conversation where everyone gave their opinion without someone turning into a 5th grader. (I think I just insulted 5th graders) Have a great weekend all.
  3. rmorse

    Question about futures brokers with continuous contracts

    Interesting.........thanks
  4. rmorse

    Question about futures brokers with continuous contracts

    No trading is free. I don't understand the question. Every trade has at least execution, clearance and reg fees. The cost of playing the game. I'm saying any asset class that acts like the underlying asset has internal fees, because someone has the cost. You pay it, or they do, then charge you.
  5. rmorse

    Question about futures brokers with continuous contracts

    I'm not a futures expert, but I believe there are live electronic markets for the monthly spreads. You can enter one order and not have legging risk. You would bid/offer for the difference between the too.
  6. rmorse

    To those that say trading is a 0 sum game...

    No I'm not. I was one. 25 years. I'm saying the gains and losses in a day can't be equal, even with no commissions and carrying costs. Everyday, there are winners and losers, and they don't balance. Everyday there is a net gain or loss of wealth in the "market."
  7. rmorse

    Question about futures brokers with continuous contracts

    I know I don't. But anyone that takes the time, effort and capital to create an asset class, they are doing it to get paid. For example, the GLD etf charges around 50bps per year to create this product. So, over time, it must lose value to the front month future and the cash market. How are...
  8. rmorse

    To those that say trading is a 0 sum game...

    It was still a net loss. There were not more shorts than longs. There are never more shorts than longs. And if that was possible for a short period of time, then it is still not equal.
  9. rmorse

    To those that say trading is a 0 sum game...

    OK. So on Sept 11, when besides the loss of life, the stock market fell, assets were destroyed, where was the balanced gain? There are not an equal number of longs and shorts. There was absolute loss of capital. If a stock reduces estimates and is trading 20% lower the next morning, who...
  10. rmorse

    To those that say trading is a 0 sum game...

    http://www.asktheharvardmba.com/2008/05/03/is-global-economics-a-zero-sum-game/ "World economics are definitely NOT a zero-sum game. Were that truly the case, you’d still be sitting around your cave with your buddies Thak and Grunt, snacking on beetles and grubs. Clearly, the world...
  11. rmorse

    Question about futures brokers with continuous contracts

    There must be a similar cost somewhere. No one provides a service for free.
  12. rmorse

    To those that say trading is a 0 sum game...

    For those that feel that way, please give me a simple example. If you always going to assume lost opportunity, that unreasonable. I believe you need a closed system, with no other opportunity to consider it a zero sum game, like my example of the poker game. $1000 in the room. For every...
  13. rmorse

    To those that say trading is a 0 sum game...

    I'm sorry, I don't follow the math. I'm not saying your wrong, I just don't agree. When the earthquake hit Japan, and there was damage in the billions, who benefited? If a stock opens 10% higher on the open and there are no shorts, wealth is created, where is the loss?
  14. rmorse

    To those that say trading is a 0 sum game...

    Futures would be a zero sum game if there were no hedgers or spreads, or inter market spreads. But there are. If I own a farm and hedge my crop in the futures markets, we can both make money. Without that hedge the farmer would have more risk, have problems getting loans and run his business. If...
  15. rmorse

    To those that say trading is a 0 sum game...

    Bob111- There is always a seller of the stock. If you read the prospectus, it will state who the seller is. Sometimes it is only the Company, sometimes insiders and sometimes both. Someone sold something that had value, someone bought. If an IPO is up 10%- 15% in the first week of trading, in my...
  16. rmorse

    To those that say trading is a 0 sum game...

    The sellers of the stock in the IPO. IF it was priced better, they would have sold their stock higher, or sold less stock. Although I would not make that statement, that trading is a zero sum game, it's not. The financial world is more complex than that.
  17. rmorse

    Why join a Prop Firm/JBO?

    I understand if a trader does not have the capital necessary to open their own Customer Portfolio Margin account (CPM) why they look for a prop firm. I don't understand why a trader with assets would benefit from the relationship. Your capital invested in a JBO is no longer “your”...
  18. rmorse

    orders on a tenth of a cent?

    They should be able to help you with you question at your trading firm, JC.
  19. rmorse

    Looking for broker with borrows for OTCBB/PINK

    Sorry, I did not intend to make a statement.Correct. That's why they would have to ask their Prime Broker. I was saying to use the service, the Prime would have to allow it.
  20. rmorse

    margin requirements when legging out of of iron condor

    Is this a portfolio margin or reg-t margin account? If it were PM, this is how some prime brokers do the calculation. Some add a premium to the haircut result: https://cpm.theocc.com/tims_online.htm
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