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    front running from pit noise

    or maybe as a hypothetical example E: Get your analysts to announce upgrades and higher price targets on the stock based on fundamentals and revisions. Take financial reporters to lunch and slip some ideas to buy on the hush hush. Send out an email recommending the stock and then send another...
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    Who was tipped on central bank intervention ?

    Do you think that the government departments who goose markets don't pre-trade and setup profitable situations so they can trade ahead of their own information releases? Do you think they don't let market makers know ahead of time for maximum effect? Don't forget that insider trading is only...
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    CFTC Rule Revision

    Because commissions don't pay the bills for these business models. They are too low compared to the average frequency trading. Same is true with discount brokers. Almost all have rather obvious alternative sources of big income. Many financial business models are a lot different than the...
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    What is the optimum tax rate on the wealthy?

    While I don't care, since I can adjust given enough time, I do wonder why you refer to wealthy which is based on net worth or assets and talk about an income tax. Aren't income and wealth different things?
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    Option Market Makers vs Stock Market Makers

    The fear and excitement most people feel doesn't actually come from outside, but from inside. So you are absolutely correct I think. Believe it or not, market makers suffer from the same emotional demons that we do. Their pressure to trade is tougher for them. Look at their burnout rate. The...
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    Option Market Makers vs Stock Market Makers

    I did not mean to imply that this month is an aberration. I meant to say that professional traders are having trouble (look at bank records), some hedge funds are having trouble, and most retail I talk to are getting slaughtered. Another thread (Who is really making a living trading...
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    Option Market Makers vs Stock Market Makers

    The stock market is either negative sum (zero sum minus commissions and other costs) or positive sum (real wealth is created over time) depending on how you look at things. Market makers don't always win. No system, no method, no secret can always win or there would be no market. Who would...
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    MF Global: 1.2 Billion missing

    This headline makes me wonder what went on under the covers at the previous places he worked at. Or were they all shining white knight companies?
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    I gotta tell you - these markets are too insane for me

    Your points are very well taken. For myself, I don't care what others claim here or anywhere. I need to do it for myself to use what I read. Even if there are people questioning my comments that I am pretty sure have no clue at all, I listen and if their point interests me I use it after I...
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    I gotta tell you - these markets are too insane for me

    I agree with your comments but just be careful where your thumbs are first. :)
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    I gotta tell you - these markets are too insane for me

    Not sure what the number of years has to do with things but almost three decades. How long have you been trading? And what does that have to do with the question? I note that people complain through good times, bad times, happy times, sad times, etc. etc. So you make a good point...
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    I gotta tell you - these markets are too insane for me

    A super trading idea - we could do paper trading arbitrage against a live feed and make millions in paper money! Of course even the currency is paper money. This comment is not directed at stock777, but just my observation on other threads: Isn't it odd that those who can't do it are so...
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    I gotta tell you - these markets are too insane for me

    Respectfully, these markets don't "feel" totally normal to me. They are exhibiting multiple numerical statistical anomalies so it is not just a feel. One of my daily input information sources has confirmed exactly what is statistically odd several times this year. I will note that just before...
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    I gotta tell you - these markets are too insane for me

    Some traders like volatility - when it is predictable - but step aside when it is not. If you are emotional in your trades, then staying out is the smart path to take. I am a discretionary trader and I am having lots of fun in these markets currently. My position trades are pretty much...
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    Intelligence? Talent? No, the ultra-rich got to where they're thru luck & brutality

    There are similar stats on website posters, why should banks get a free ride. Did you know that 81.4% of statistics are made up on the spot with no facts at all behind them!
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    Intelligence? Talent? No, the ultra-rich got to where they're thru luck & brutality

    "chimpanzee flipping a coin." Does anyone know if that chimp has opened a hedge fund yet? Sign me up! I think every trade is a mixture of luck and skill and in the long run the luck cancels out and only the skill is left. The problem cited is that we can't know if luck or skill is driving...
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    well, all puts are turning into smoke today

    5 figures? you mean like 325.86? :) I read zerohedge but I have alternative sources for more a more neutral slant as well. Their negativity can affect me at times. There is a lot of joy in the world as well.
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    Why Capitalism Is Failing

    Interesting comments Grandluxe. Thanks for the input.
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