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Suppose the lender has cash of 100K now. With annual 26% compounded, their money grows 1) 100*1.26^30 = 102592.7K after 30 years 2) 100*1.26^50 = 10435836K after 50 years Therefore, you should make them rich, for the next 50 years. If they continue the loan of 26% for the last 100 or 200...

I mean, although McDonalds is proven best so far, one should always open BurgerKing and Wendy's as an alternative choice. No one knows what will happen next 5 or 10 years.

For your comment "You've wasted your own time, and because I'm an idiot who is trying to help you, you've wasted my time as well." Last few weeks I spent my time in C#, crawling, selenium, DOM, etc., with my helper charging fair labour to me. However it is NOT a waste of time at all. At...

Besides tax matter, China main market where foreigner cannot open account to trade now, may open in the next 5 or 10 years to FOREIGNERS. China tax rate decreased recently from 0.3% to 0.1% for stamp. Of course China has NO CapGainTax, if I heard correctly. If so, some trading logic can...

You may have better idea for crawling. I like to learn an alternative method, next to API. At least, even if I have no complaint on McDonalds, then still better to try BurgerKing and Wendy's as a second choice. For your comment "This will take a long time. Much longer than dealing with an...

Of course, I agree 6 months or 12 months may be the least length to learn.

If I heard correctly, html is mid 90's and back then not much thing to do regarding crawling as much as today. However, current HTML5 may prosper another 10 more years, as global standard. If so, web-trading might be the safe choice. My understanding might be wrong partly, however I won't...

Thanks for replying.

Every choice has its own disadvantage. If some broker intentionally change web page, then I do NOT use it any more. Except the possible webpage change, would you accept advantage of web-crawling, such as Robinhood with NO API provided(?)? In fact, there are lots of cheap brokers with NO...

Thanks for kind reply. 1) Since webcrawling is pretty new technology and most do not know it yet, there might be some (non-free?) tool proposed, to handle (scrap) many broker in ONE SYSTEM. I have tried to hire IB API man before, but he asked too much. 2) As a hypothesis, let us suppose IB...

Dear- Instead of using IB API (under Python or C# ???) , did anyone have experience to use SELENIUM to 1) download current holding equities, from IB webpage to csv file in local PC 2) upload order delivery, from local PC to IB server. ************************************************ Please...

Would you please use plain English? I cannot follow you due to my short understanding.

For example, after 30 or 50 years later, please never say "I won 1000K but after paying fee+tax of 800K there is only 200K left, which is less than the index performance." Suppose there has been annual 6% compounded in THE INDEX, then initial seed should be 1.06^50 = 18.42015 times...

Recall that there has been 400 years since stock market was open in Holland. How much they paid for the commission and tax FOR THE 400 years? IMHO, traders paid more than the current prize pool (1000 in above example). For short summary, I like to say "Please find a strategy with as little...

I mean it is NOT half of traders, BUT half contract (money). Absolutely zero-sum game with respect to index. (before fee+tax) For example, suppose there is 1000 (trillion or billion) in the market and fee+tax is 50 every year (in average). Then after 20 years, 20*50=1000 is all gone to...

Basically, trading is zero-sum game before fee+tax. Therefore roughly half can be winners, relative to the (market average) index. However, after fee+tax, it is known that ONLY 5%~10% can be winners, after fee+tax in the long run

I did NOT mean to suggest or recommend BAC. The article on the BAC (in the OP) was randomly clicked during my surfing. Furthermore, many bank stock has been bankrupted historically, such as the biggest "Bank of United States" at the time of 1930. Roughly 2000 banks have bankrupted during the...

Maybe google provides longer chart than yahoo, isn't it? However, if I heard correctly, yahoo provides adjusted chart, but google does not.

Hi, [botpro] Where did you find the chart for 40 years? Can you see the chart at 1920 too?

Dear- The following link shows the result of 30-year investment of a major bank BAC. http://www.investopedia.com/articles/markets/031316/if-you-had-invested-right-after-bank-americas-ipo-bac.asp?partner=YahooSA Suppose you bought 100 shares of BAC at $6.84 in 1986 IPO and current price is...