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"Where does everyone Trade?" I trade on the beach with wireless internet access. Oh, you mean which broker. Good, because I really trade in my parents basement.... I use IB. They piss me off at times, but I can't find anybody else who offers me what I need (automated Excel trading...

"Don't blame me, I voted for Kodos."

If you double your leverage, drawdowns will double. But your return will increase by a lesser amount. This should be obvious from this example: Lev X1 Ret: 100% MD: 50% Lev X2 Ret: 0% MD: 100% Your drawdowns will start to drag down your return and eventually your return will...

"-- Gov. Mike Huckabee is winner in West Virginia Republican convention, CNN projects."

I did some work in this area a couple of years ago. Here's what my sharpe looked like at different amounts of leverage. Just because the sharpe ratio reaches a maximum at a certain point, does not mean that you should use that amount of leverage. I actually looked at 8 different risk...

I got so upset with the qualified dividends crap and the Schedule D that I switched entirely to futures trading (I only did ETFs last year). I can't wait until next year when I only have to enter two lines in TurboTax (interest income and futures profit).

Kennedy is the most overrated President ever. Not that he was bad, but he was only President for less than three years. Best: George Washington Worst: John Adams (great man, lousy President)

Living in AZ, I have never voted for McCain. Knowing that the Dems will not beat him, I am free to vote libertarian or some other third party. Assuming McCain gets the nomination, I will do the same this November. While I dislike McCain, I would still prefer him over Hillary or Obama. But...

Love that headline: "Morgan Stanley to Cut About 1,000 Jobs, Person Says" Did a person really say that?

I should add that my work day involved taking a walk, browsing through the Wall Street Journal (old news), reading elitetrader, eating some lunch, and playing Diablo II..... I only trade at the end of the week.

Well done! My account is up $3,700. A pretty good day for me. One of the accounts I trade is up $13,400.

A 17% chance of a 100bp cut? Is the market crazy? The Fed has given no indication it will cut this much. I still expect a 50 bp cut. But maybe they'll cut the discount rate a full 100 to put it in line with the fed funds rates.

I can't believe this VIX. S&P down 1% today and VIX is actually lower. The VIX should be spiking higher before we hit the bottom.

Crazy!!! Markets down about 1% and the VIX is barely moving. Don't we need a spike higher in the VIX before we get a solid bottom?

Here's the code IB provides in TWSDde.xls: Sub setRefreshRate() Dim theRate As String theRate = Range(refreshRateCell).value If theRate = "" Then MsgBox ("You must enter a valid refresh rate.") Exit Sub End If Range(refreshRateLink).value =...

Romney won in Wyoming and finished second in Iowa and NH. He has been strong in every primary/caucus. Definitely the person to beat. That said, we'll have to watch Florida. Rudy Giuliani is going all out in Florida and was leading in the latest polls (before NH primary). If Rudy can pull...

The most efficient, lowest cost health care system may result in millions of people without coverage. Just like it does for cars, to use your example. To get coverage for everybody would mean a less efficient system. Now we can argue whether an efficient free market system or an inefficient...

I think Romney will beat Hillary. But that's not what I want to happen....

How do you go from "private insurance company" to "free market." You are saying that there are no regulations if you buy private insurance? I've already posted about the difference in insurance rules between different states. It's federally and state regulated, not free market. Even if I...

The master user sent in a trouble ticket last Friday and got a reply that IB will look into it. Three days later, no word from IB and I (the second user) still have no access to account management.