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  1. L

    Oanda just another bucket shop

    Straddling and otherwise. Oanda was (and still is... go figure) Felix's choice for his news-trading service. Wise choice... NOT. And he's apparently got thousands of subscribers. Using the most conservative assumptions, that's got to be close to a yard (10,000 lots) of single pair orders...
  2. L

    Oanda just another bucket shop

    "Lower liquidity" in this context refers to depth of market (DOM), rather than to daily volume. Have you looked at an intraday futures chart lately, with volume bars on it? Currency futures daily volume is concentrated disproportionately during the US session. Total daily volume doesn't...
  3. L

    How much different Is forex from the stock market

    They do. On multiple time frames, no less. Coincidentally (or not...), those TA tools happen to present a considerably greater programming challenge when it comes to computer testing -- let alone ATS design -- than most indicator-type TA tools. However, they seem to be custom-made for a...
  4. L

    Oanda just another bucket shop

    Those are typical EBS spreads? Hard to believe... they're actually wider than most dealing desk market makers' (fixed) spreads. And more than double Oanda's for some pairs.
  5. L

    Blog - Road to $1million Trading Options

    In general, sure. However, if the $30K starting risk capital represents only a fraction of his total trading (risk) capital -- and I'd be very surprised if it doesn't -- then I'd say such an ultra-aggressive approach in his (and anyone's) separate "home run" account is not only reasonable, but...
  6. L

    How much different Is forex from the stock market

    Morty, as I'm sure a forex trader with your experience knows very well, % win rate is not what matters, when evaluating a particular method. (Other than psychologically, in terms of its fit with one's personality.) What matters is the probability distribution of various trade outcomes...
  7. L

    How You Make Money Trading Forex

    Your post was no less self-contradictory the first time around, and an obvious question remains unanswered.
  8. L

    IB - half of the order executed 36 pips lower on Ideal!?

    Ever think of running for a political office? You've got one of the primary qualifications down already: presenting own negatives as positives.
  9. L

    Burned twice now by TWS and RTH flag

    Caution: in this context, i.e., for the purpose of the IB's RTH check box, RTH refers -- as you may or may not expect -- to NYSE hours, M - F, 9:30 - 4 ET. It has nothing to do with the trading hours of the instruments you are entering orders for.
  10. L

    12% short-term capital gains MA State Tax

    If you are going to be / file as a MA resident (which I was for 5 years), I don't see how you could escape the state income tax on most of your income. Regardless of what form that income takes or what business structure you set up and where. Since you trade remotely, what is the reason for...
  11. L

    on eBay: Nick Leeson's Barings Bank trader jacket

    Going... going... not gone. An anonymous sniper makes a well-timed bid with 10 seconds to go, but fails to meet the reserve on the purported piece of trading history. A relisting to come, no doubt.
  12. L

    on eBay: Nick Leeson's Barings Bank trader jacket

    "Purported" :D to have been worn by NL... stored with other [identical] jackets for some [12] years... no guarantee or warranty as to title (hey, I'm just a liquidator... what's a certificate of authenticity?)... private bids (relax, it's not like there're ever any shills on eBay). Psst...
  13. L

    michele malkins

    You're averaging 1 misspelling per word in your title, OP... good start. And thanks for skipping premises and reasoning, straight to the foregone conclusion.
  14. L

    Who said drugs don't rot your brain?

    Good to see that even Keith Richards knows that a healthy nutritious breakfast is the most important meal of the day. Unless that's a Tequila Sunrise in his hand... whatever.
  15. L

    What to do with a gerat method......

    Hold on... what exactly do you mean by "admittedly had the benefit of hindsight"? Hindsight and testing are usually not a good mix.
  16. L

    Is this the same volente_00?

    Hah, I was thinking more Brian "Natty" (pronounced "nutty") Hunter of Amaranth's fame. volente, you're in great company! :p Not even VN ever pulled off such beautifully symmetric, supersonic launch and crash landing.
  17. L

    Joost invitation, anyone?

    Oh, I understand that important legal distinction. I still have major problems with Joost's fundamental business model, in terms of privacy as well as profitability.
  18. L

    Joost invitation, anyone?

    Yeah, that's one of the "couple dozen" online TV portals I referred to. Incidentally, Bloomberg is available (legally) from bloomberg.com, in broadband and dial-up, recordable mms: streams, full-screen or less. Almost no commercials (most 2-minute breaks are filled by various global market...
  19. L

    Are you ready for a huge influx of the nigerian 419 scam?

    Bring it on, I say. Let's join together as one family of nations and triple the funding for this urgent, worthwhile, humanitarian project. Any email user, anywhere on this planet, who falls for a Nigerian 419 scam in this day and age 1) is asking for a financial loss and 2) needs to have his...
  20. L

    Joost invitation, anyone?

    I don't believe a free, targeted advertising business model like Joost can succeed. Not the way it's described. Also, there are already any number (at least a couple dozen) of free Internet TV portals, showing hundreds of basic, premium and PPV cable / satellite channels, all at no charge...
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