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  1. O

    Best futures broker

    We must get a few people a week who come on these boards bashing IB, for one thing or another, only to find out that it's their own damn fault! You'd think people would be a little more careful before accusing someone of something in a public forum. At least you attempted to correct the damage...
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    Pro Poker Player + Pro Trader?

    Thought you might be interested: I went to the "search" function, typed in "poker", and got 100 pages or so of posts with the word "poker", some 2400+ posts in all. OldTrader
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    IB Lowers Futures Commissions

    Look guy, it's real simple. You can pay the bundled rate. It's one flat rate, all-in. You're simply given an option with the unbundled rate which can benefit you IF your volume is high enough. OldTrader
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    The king of real estate's cashing out

    It would be important to know whether this 20% return was cash on cash, or leveraged. The article doesn't say. But if this guy started out with $100mm, he's now got about $1.5 Billion. I doubt if many people beat that!LOL. Keep in mind, that over the period of 1990 to 2005, the median...
  5. O

    Refco Account Security

    Rockford: Here was what I said in my post: Now here's my question to you: where did you get the idea from my post that I think someone should "wait until the last possible moment and then discover your funds were gone"? It seems that you have the propensity of jumping to conclusions...
  6. O

    Refco subsidiary (RTS?) freezes customer accounts

    Rockford: Well I have to say I'm surprised to see such an extensive post in response to mine, coupled with another extensive post on another similar thread elsewhere. I'm sorry to see that I have not lived up to your prior opinion of me. First, you state the following: You know, "lie"...
  7. O

    Refco Account Security

    Perhaps it's on the 50th page because it wasn't the problem at Refco. The problem did not have to do with trading losses. It had to do with fraud at the holding company level. There are all kinds of risks pertaining to futures trading....but not all are applicable in this particular...
  8. O

    Refco subsidiary (RTS?) freezes customer accounts

    Rockford; I've read all of the threads regarding Refco as nearly as I can tell. I think Apex has done a good job of correcting the imbalance created by the MANY emotionally charged and inaccurate statements made regarding the situation. Personally I applaud him for this effort...
  9. O

    Refco Account Security

    Thanks for the numerous informative posts both here and in other threads regarding the Refco situation. Good to see that at least someone pays attention to facts...a rare quality these days. OldTrader
  10. O

    Big Move Up Imminent

    "On the horizon" eh? Keep those kind of predictions up and you may have your own investment letter one day. OldTrader
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    Prudential shutters TA dept and......

    I was with Kidder, Peabody back in 1980 or thereabouts when Kidder hired Ralph. Prior to that they had no technical analyst. After sufficient experience with Ralph and his techniques, we dubbed him "Ralph Makeupora". Very nice guy though. And in fairness, I have not followed him in recent...
  12. O

    Unfeasibility of Rebuilding New Orleans

    It doesn't look like you read the article. If the article is to be believed, the "port" of New Orleans is on borrowed time. The Mississippi is moving west. According to the article, this move could easily be accomodated, a new port built, but not where NO is. OldTrader
  13. O

    Unfeasibility of Rebuilding New Orleans

    Just thought I would point out that "Halliburton" the company, is spelled with 2 "L" unlike the author's name which is spelled with 1 "L". OldTrader
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    Tax problem with daytrading futures in Roth IRA?

    Just a few thoughts. The vast majority of traders fail to make money as I understand it. Upwards of 80-90%. So it seems fairly unlikely just on this basis alone that the IRS is going to have many "test cases" for trading futures in an IRA! Let alone situations where someone starts with $4K...
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    Interactive Brokers Launches $400,000 Electronic Trading Olympiad for Colleges

    Why don't those of you who think IB is "ripping off" the contestants by paying them $400K, simply start your own contest, and pay more? OldTrader
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    Tax problem with daytrading futures in Roth IRA?

    OrderBlaster: The last thing I would want to rely on in making a tax decision would be my "logic". There is a great deal about taxes that isn't especially logical. My suggestion to you would be to check with a qualified tax advisor and ask your questions to them, rather than decide based on...
  17. O

    Missing money at IB

    Since you have paid such huge taxes over the last 18 years, I'm sure you must be aware that in order to take a loss, or to offset a gain, you have to enter it into a tax return. Further, in the case of gambling losses they can only be offset to the extent of gamblings winnings, and then only if...
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    Missing money at IB

    What an idiot! Sheesh! Let's straighten a few things out here. First, the IRS didn't "decide to withdraw" some money from your account. They SEIZED the money when you failed to pay your taxes. This happens AFTER considerable notice to you, opportunity to dispute, pay, resolve, settle...
  19. O

    not another scalping thread......!

    This more than meets my definition of a "scalper". What else would an average hold time of 10 minutes be called? OldTader
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    IB Forcing Upgrade to new TWS 851

    bali: I show "pre-upgrade.wsp", "post-upgrade.wsp" and "Default (Current Workspace)". My version is 851. Don't know if it has anything to do with it, but I've been upgrading all along. I'd try hitting "restore settings" under "file", see if that does anything. One other thought...you...
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