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Not so. Skilled call option writers are still doing very well. Remember, writing calls is no more risky than shorting the equivalent of the underlying stock. If you get assigned, you either cover on a pullback or liquidate (usually for a loss smaller than the premium received) if you are...

Licensed in the State of Hew Hampshire? Sure, I'll trust his attention to detail!

SPY with prop leverage! Now you can leave the ES alone.

Why are you hearing it? I was convinced that sucessful traders ignored the news, and the very best traders don't even hear the news... They'll find an excuse after the fact for any market movement. The market went up for a reason. News wasn't the reason.

1. Stick a 100 lot limit in crossing the best bid / offer in front month 6E after 7.30 London time and see how you get filled. Be aware that if you do this with say 250 lots and trade the level out it will affect pricing in other venues also - as has been pointed out by someone more familar with...

I'm sure there are some insitutional guys who use the futures, but they are less liquid than the spot. The big guys have relationships with many large institutional liquidity providers in spot FX, and will either ask for a price in size for a long term position (which the bank trader will quote...

If you use your time wisely this is an decent plan. achilles28 - excellent advice, thank you.

It isn't just the poor. For the middle classes it is designer clothing, "status" goods, real estate aspirations, etc. Wealth is transferred by exploiting the vulnerable and the stupid at every level of society. Trading is another aspect of this. Who loses? Usually middle class professionals with...

1. You must do your own work. Asking for advice is fine. Asking for explanations of rudimentary concepts that you could research yourself is not inspiring. If I ever worked with someone, I'd expect them to learn all they could for themselves, and learn from me only what is specialised knowledge...

+1 True.

Interesting questions. I would agree with others that you should go the prime broker or EBS route if you can. It depends on how you are set up. On these ECNs, the liquidity you see is largely a function of who you are. IB does aggregated bank feeds. Hitting everything at the top of the book is...

"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because...

Governments don't have rights: people do. Should people have the right to enslave others? Of course not. Should a mob of people have the right to grant authority to others to practice slavery on their behalf? Of course not.

Welcome to the Internet, where men are men, women are men, and little girls are FBI agents.

Every trade has a buyer and a seller.

Check your premises...

"So Pfizer and the feds cut a deal. Instead of charging Pfizer with a crime, prosecutors would charge a Pfizer subsidiary, Pharmacia & Upjohn Co. Inc. The CNN Special Investigation found that the subsidiary is nothing more than a shell company whose only function is to plead guilty...

Wiped out you say? I must have missed the delisting notice.... ....ah yes, here it is: http://finance.yahoo.com/echarts?s=GS#symbol=GS;range=5y

True. Successful traders who choose to mentor aspirants select them based on other criteria. Ability to pay a fee isn't part of the equation. Sorry. If you are looking for mentoring you need to demonstrate your potential in other ways, which isn't the easiest thing to do on an Internet BB...

I quit when medicine was placed under State control, some years ago . . . . Do you know what it takes to perform a brain operation? Do you know the kind of skill it demands, and the years of passionate, merciless, excruciating devotion that go to acquire that skill? That was what I would not...