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    Full Service Broker or Bank

    Not sure what your definition of a defensive investment is and don't know what their policies are on foreign accounts or even if this will be one but I've had good luck with Fidelity for this kind of account and investing. They have a seemingly strong financial position and offer a range of...
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    In 10 years oil will be $10 a barrel

    2018: Donuts declared antioxidant.
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    Short AAPL $620 I got 'em

    I think your insults here, despite what other people have said, are pretty weak. But if you learned something from your trade and the thread than you aren't a loser.
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    Short AAPL $620 I got 'em

    The lesson of this thread is that the best practice for shorting an individual stock is to not do it when it is in a clear up trend (despite what you 'believe' is going to happen; and if you do get a quick profit in that environment, take it), instead waiting until there is some clear sign of...
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    A list of all scam unregulated 3rd party educational vendors

    The thread was largely a witch hunt from early on and I agree with most of your comments. Rather than try and compile a list of people and orgs that are scam artists, I would say that everything that someone needs to know to have a decent shot at trading successfully is out there and...
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    I just won the Mega Millions...should I form a hedge fund to multiply my money?

    Yes, definitely. Or just put it all into NFLX. I won $20,000,000 playing poker last month and am using it to reverse pyramid long into large quantities of AAPL puts, as the stock moves higher and higher against me. Any comments welcome.
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    Short AAPL $620 I got 'em

    I see no evidence at all that AAPL has any significant fundamental problems relative to it's prospects and valuation. Since I trade it -- buy the dips until it's proven that doesn't work anymore and then sell the moves up -- frequently, I welcome the constant skepticism and top picking.
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    Short AAPL $620 I got 'em

    In a broad market sell-off, my money would be on TF going down faster than AAPL.
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    Short AAPL $620 I got 'em

    Questionable trade, could work though of course. AAPL is 'overowned'. If I was betting on a big correction -- and I'm not since I don't have a crystal ball and we are in a big uptrend; shorting this is not best practice trading -- I'd just short the Russell index; you'd still have some nice...
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    Apple to pay dividend to shareholders: Worst decision in years

    A simple search on the net will reveal the ways in which not only was the dividend a good decision, it was a necessary one at this point. They've also started it 'low enough' to allow for comfortable and regular raises, assuming their business keeps on a good course. And I'm sure they'd...
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    Botched 1099-B cost-basis reporting: The List

    GainsKeeper might be a good way to go also, have had good luck with them in the past but haven't used recently. TDAmeritrade provides complementary access to GK.
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    When does IB deliver it's tax forms online?

    They have a built-in implicit conflict of interest to make things as complicated as possible, to justify their fully staffed existence. :) No offense, IRS.
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    Is cash no longer fully insured in an IB account ?

    You'd think. One of the reasons I have moved most of my funds over to TD/TOS -- it sure isn't the commissions -- is this very issue and my perception that TD is strong financially. IB seems stronger than ever financially but I don't understand some of their business practices.
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    Botched 1099-B cost-basis reporting: The List

    Thanks - I think that this mess completes my transition to only doing active trading in the IRA accounts, with the caveat that I need to not trade the same securities/ETF's in the IRA accounts as in the cash ones, because of wash sale considerations between the two. In the big picture, though...
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    Botched 1099-B cost-basis reporting: The List

    Thanks for your posts Robert. So, are these 'error' tax forms something that IB has already sent to the IRS? If so, does anyone know anything about follow-ups from brokers to the IRS, to fix the problem?
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    When does IB deliver it's tax forms online?

    Congrats .... http://www.traderstatus.com/washsale.htm
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    Treat house mortgages just like Reg-T margin.

    At first I thought you were going to be talking about the unregulated mortgage derivatives that were created by the big cats; these things weighed greatly in bringing the whole shooting match down and are still largely toxic assets with a minimal market. As far as the 50% requirement for the...
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    Simple trading question about slippage

    The scumbag word should be used judiciously in forums, even if you get a less than polite response to a question. And not to be flip at all but consider trading an instrument liquid enough and a time frame large enough where slippage isn't even a factor. And yes, it can go for or against...
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    Do you believe in seasonality? (Trader's Almanac)

    The problem with seasonality is that it is an average and does not consider the more important current variables of market context, 'news flow', interest rates, corporate profitability and earnings guidance. Sometimes "sell in May" works, sometimes it doesn't, even if it does slightly more...
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