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I admit it, I've been wondering, too. I think even more (potentially) risky than iron condors... are the huge amount of retail guys who've been piling into VIX futures recently. I've heard from, I don't even know how many people, that shorting VIX (or more likely VXX) is a sure thing. I...

< dad mode on > Why? What's the advantage of starting early? The markets will still be there in 10 years, when you hopefully have more capital to put to work. And more importantly, hopefully you'll have more life experience to choose between the multiple excellent other careers out there...

Fed doesn't need congressional approval, and are largely immune from election politics.

Clearport = OTC trading. You aren't trading OTC if you don't have $10 million+ in assets.

Right, because GDP didn't happen last week. The debt issue had a huge impact on currencies last Friday, but minimal impact on equities. All it did was inflate implied vola. Assuming the deal gets done, i say ES jumps up 15 pts by the open, but trades flat (and maybe even down) from...

Minimal. You could take a very aggressive view on the default risk and not "bet the farm". FX futures options, gold, etc. I don't agree with half the fire and brimstone on that site usually, but Tyler Durden et al are very sophisticated traders. Theres no way they just maxed out in a 3x...

Hey Roi, Sorry, gave you incomplete instructions. Run CORREL over both series (like, =CORREL(A1:A25, B1:B:25)). The result should be a single number between -1.0 and +1.0.

FYI, I would find it interesting (and others probably would as well) if you ran correlation with S&P weekly numbers. Just paste your % gains/losses every week into a column, and calculate S&P weekly columns in another. Use Excel's =CORREL().

No, it's not becaus of "over confidence" at all. I've worked thru all sorts of possible scenarios, including illegal physical access to my hosted servers that run my code. I'm well aware of the risks. I've already talked about the reasons why I'm not concerned. First, thee markets are...

I actually used to care quite a bit about this topic, since I run a fully automated strategy with good results, and trade around 10000 sides a month. The longer I think about the issues, the less concerned I am about any sort of casual copying. I'm still weary about running managed...

I guess that means you didn't want to answer my questions.

Unless you are running a fully automated strategy with zero discretion, I don't see why that matters. Even then, so what? How much size is the broker going to have to run for him to affect your fills?

Why do you care? First off, I don't think it actually happens. Second of all, assume its happening... So what? How is it affecting your pnl for someone to follow your trades? (Frankly I love it when people move the market in the direction I just entered). There's a reason regulators are...

Are you sure this applies to self-directed IRAs? I'm not a tax preparer by any stretch of the imagination, I trust my accountant... but I was under the impression the 20% withholding requirement only applied to employer 401Ks.

That doesn't make any sense to me. The distributor does not know at time of distribution what you plan to do with your funds. You have 60 days to rollover into an IRA at a different custodian with no tax consequences, if you so choose. If you don't roll over into another IRA, then you...

Very cool, thanks. I've now found these on my trading platform of choice... its after market now of course, so I'll have to see whether there are actually markets being quoted tomorrow.

But if they're in EOSTrader, then there's a plan to make them available electronically...?

Hi, Anyone know anything about the NYMEX daily options, listed on Globex? I don't recall coming across a press release about these. I've heard they're traded OTC... but I've never seen them on Globex before. Using EOSTrader today (with the strategy builder), under instruments, I noticed...

I'm kind of doubtful it will be a big negative open. I think everyone knows DC is (potentially) just a handshake and phone call away from a deal... A deal that everyone insists WILL be done in time. Why would you sell if that's the case? If anything, seems like a good chance to bottom pick.

Uh, the only way to separate your trading taxes is to go with a C Corp structure, which also means you'll be paying a second layer of taxes in addition to your normal obligation. Otherwise, if you form a LLC/LP (and pay according state fees), then request a TIN, any broker will let you open...