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How smart is killing the goose that lays the golden eggs.

Central banks are socialist institutions. Government institutions in a socialist economy exist to protect the interests of special interests, for example the communist party in the URSS, and greedy stupid bankers in a fiat money economy.

My guess: the RUT hasnt exposure to the broker-dealer category, exactly the stocks most people are avoiding like lepers. The NDX wasn't too bad either early this morning, it was just 4 pts from breaking new highs from its monday lows.

From the horse's mouth: http://www.cbot.com/cbot/pub/cont_detail/0,3206,1123+48850,00.html This bulletin is a reminder that current e-cbot functionality includes Host-based Stop orders and Request for Quote (RFQ). Please review the sections below which describe the functionality in...

What's IB policy when a customers balance goes negative? I guess recent huge swings made prompt liquidation very difficult, causing a lot of daytrading accounts going red.

$300 margin? What a joke. Go long ES... market drops 6 points in seconds ... oops money gone.

Newbies should not start with futures. Period. I suggest SPY QQQQ IWM DIA and no leverage. Gains and losses will be microscopic, but the point at the beginning is to learn how not to lose your butt. Most methods for ETFs will work for futures and viceversa.

e-CBOT has native stops since last year or so. Works great. ER2 has best bang for the buck for margin, but it's so jumpy, you have to allow wider stops so its risk/reward ratio is not much better (if at all) than ES or YM.

What these 'geniuses' fail to understand is that, all their sophisticated phd-designed portfolio selection models do, is to extrapolate the past into the future. I think they were overweight on small caps, trying to exploit the historical small caps long run outperformance, but guess what...

Mary Jane is exasperated. "Why has the SEC made it so difficult for me to trade foreign equity options for my high-net worth clients?" "That’s a tough question," Bob responds. "I guess that one of the reasons the SEC used the institutional QIB approach was to avoid undercutting the...

If you really want to trade these options you have either to move out of the US or open an offshore institutional account. http://www.futuresindustry.org/fi-magazine-home.asp?a=960 Trading Foreign Options: Rules of the Game by Anthony Leitner and Edward Rosen The hypothetical...

Transformer explosion. Pffft

So that's why the NQ is making new contract highs? Furious false alarm short covering. Thanks, couldn't figure why all the volatility AH.

I thought iwbank http://www.iwbank.it/ was popular in Italy. The Luxembourg branch http://www.iwbankspa.lu/ has lower commisions, here's the list: http://www.iwbankspa.lu/index.jhtml?ID_NODE=DERIVATIVES They do offer options on mini futures: mini S&P, mini Dow, 2 euros per contract, 10 euros...

Solution: 1. Badmouth your system on every trading forum on earth. 2. Tell everyone that the guy is a fraud. 3. Discredit the strategy with some "trend following doesn't work", "astrology is for nuts", "TA is fraud" or "Elliott wave is a joke" BS. 3. Claim that you lost money trading the...

bestfriend: having a second citizenship is ALWAYS a good idea, if you acquire it from the right country. On the other hand, RENOUNCING US citizenship might not be a good idea, but you don't always automatically lose or have to renounce your US citizenship if you get a second one (or third or...

Yes, but i wouldn't follow any lawyer's advice blindly. Many of them are trying to sell expensive setups, many times unnecessary and sometimes illegal. Even KPMG, an otherwise excellent firm, lost a tax shelter fraud lawsuit with the IRS. Some lawyers recommend bureaucratic structures with...

Hi Surdo: you mean trading from the Dominican Republic by a non-US person? If that's the case then the same advice I gave to Daal. Otherwise, for US citizens, the only difference (wrt trading from the US) is the 80K expat exemption. But even if you're US, Dominican Republic citizenship and...

Not reporting your account might work if you live in a country with no tax treaty or exchange of information with the US. Tax Treaty countries: http://www.irs.gov/businesses/international/article/0,,id=96739,00.html

This is illegal, and in western Europe you'd get busted in no time. In other countries with lax law enforcement, this might work. Geez in some countries they don't even know what a "stock" is.