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I've been an equity option marketmaker myself and most of the MM's on the floor were delta neutral. In the extremely liquid crowds, like the index, MM's usually hedge option series/constructions with another serie/construction. In the funds/equities that were not liquid enough to do this (which...

Hmmm... hedged ? I´m pretty sure that the costs of hedging would be more than the possible return on the carry trade itself. And if you leverage the trade, you also leverage the risk, that wouldnt be very useful I think ?

Not sure what you´re getting at, please explain.

An explanation that´s sometimes given is the carry trade: institutions borrow money in the USD, at 0% interest and let it accumulate interest in a country with higher rates. However, I find that hard to believe. Let´s say that in the best case, theres 3% to be made in a year. The dollar moves...

Schiff calling Bernanke "the devil" in today's VLOG: http://www.youtube.com/watch?v=hqEwFpXqbvg

the sterling API is optimized for VB and therefore you will attain WAY higher performance using VB (and it's also a lot easier/faster to program). I never really found out why, but it has to do with the COM implementation.

Every now and then I go to the casino to play blackjack, which I find entertaining. If you play perfect basic strategy you'll lose around 0.5% per hand which makes it one of the games with the smallest house edge. I've noticed how most gamblers hate players who dont play basic strategy since...

A wise man once said "Those who speak, don't know. Those who know don't speak". I think once people are really starting to make money, MOST people fell less motivated to share their knowledge. Come on, trading is war. What I teach you, makes you stronger and leaves less money for me. I...

I must say I do like this creative answer (not trolling this time) ;) But hey, nobody can always be serious, if a topic is just too plain stupid to be serious, then having a little fun is ok in my book ;)

Hehe and that's probably because I wasn't intelligent enough to truely understand your very important conclusions ? :)

Hehe. Since I am, unlike you, a succesfull daytrader, I don't think there's something wrong with my comprehension skills :)

Reading back this thread I only see the remark that you admit having failed at daytrading, is that what you're referring to ?

LOL, I'm not asserting anything, just feeding back something to the TO that's about as stupid as what he says. He might learn something (although I doubt it). And btw, since you're obviously such a smart and succesfull investor, what IS 20% of your net worth ?

LOL, Yeah, investing over the last 10+ years has really been good man, with the S&P and Nasdaq still below their 1999 levels and the Nikkei still even below it's 1985 level :D But of course, a brilliant 'investor' like you could easily beat the indices and you would have made money instead of...

I do like the 10% idea though. If they need to re-install that damn rule, then that 10% is a good way of easing the pain for us

Sterling is by no means perfect and god knows, we had our share of bullshit with sterling as well. However, I was just reacting to your first quote how prosper pro would be better. I'm glad you changed your opinion. If a GOOD system, like Lightspeed, would be a ferrari, then Sterling would...

Sterling isn't always top notch, but worse than prosper pro ? LOL, come on, prosper pro is way way WAY worse. Having traded several years on both platforms, I can say that only 2 or 3 times I had a moment that STerling didnt reflect my position correctly. This happened almost an infinite...

FED is injecting money into the banks but the banks are not lending it out to other banks/companies so there's your answer. Once they do that again, that will be the day inflation replaces deflation.

VERY dangerous assumption you're making here ! You're assuming that if inflation kicks in, the FED is going to raise rates to battle it. In normal situations, that would indeed be the case, but in some situations, there are bigger worries for the FED than inflation ! I'm damn sure that if we'd...

I'm also interested in this. I don't want to purchase ETN's, because of the credit risks (for example, when LEH defaulted, their ETN's became worthless). I guess our best bet it so go with an ETF like DBC ?