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    The bitter truth about Patak Trading

    Commissions do matter, but why should Patak pass the savings along to you? It costs money to run a business, and there is nothing wrong with having multiple revenue streams. They have negotiated their deal, provide volume to get it, manage risk, etc. If you are good enough, you can negotiate...
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    The bitter truth about Patak Trading

    I'm in agreement here. Mav's name has been good here for a long time amongst the charlatans and hucksters, so the personal attack was unwarranted. As far as Patak, it is a call option, nothing more. What's wrong with that? The fact that they are going to make commission off of you? So...
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    Prop Futures Trading Firm

    CTA's can manage many different programs, so you can compartmentalize your results by strategy. Of course this gets included in your overall results and you can't cherry pick or ignore bad results. All you need is a different D doc for each strategy. My CTA for example, does bring on...
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    Everything is gambling...

    Reuben pfeffer
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    Anybody Want to Talk About Forex?

    Maybe we should have just made a side bet and saved the spreads.
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    Anybody Want to Talk About Forex?

    Yep quite a few things. Gbp/jpy short that I'm a tad concerned about...
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    Lifestyle of daytrader

    I agree Stevo. Seems like my trading has gotten worse now that I put pants on again. But it does make the investor meetings go a bit smoother. I think that mark Douglas book pulls a like Jedi mind trick. Anyone who can make thru the ennui naturally contemplates the meaning, however...
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    Anybody Want to Talk About Forex?

    I wanna talk about forex, what would you like to know?
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    Progressive Consumption Tax

    Well I like the dual connotation of POS... Perhaps it could be put to referendum.... It would prevent the true scumbags from "serving", while at the same time acknowledging the genius and investment success of the Harry greids of the world
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    Jon Corzine is Considering Starting A Hedge Fund

    Evercore partners or any other investment firm that can defy the laws of economics and talks out of both sides of their ass because they're staffed by ex govt or Fed bankers.
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    Progressive Consumption Tax

    Well just because I'm bored tonite I'll throw my hair brained scheme into the mix: The Patriotic Occupy Success Tax, or POS Tax It works like this: A one time wealth tax where if you have a net worth over 10 mil or once you attain that, You pay 1%. If you made that money because...
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    Automated Currency and ETF Arbitrage Journal

    That's essentially $20 per million per side which is pretty standard. The key tho is getting the dealer out of the middle which sounds like is the case. Its been a while since I've seen what theyre offering
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    Automated Currency and ETF Arbitrage Journal

    Yeah that's not bad for a retail account. How much is the commission?
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    Automated Currency and ETF Arbitrage Journal

    Gotcha. Spreads in FX mean reversion strategies can be system killers. U should look into a true ECN broker for such a strat. Unfortunately, IB is just like every other bucket shop which means that you are ALWAYS buying the offer and selling the bid.
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    how do I get into the Romney tax program?

    Thankfully someone competent running for office!
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    Automated Currency and ETF Arbitrage Journal

    Interesting journal. Not the most popular of pairs and was wondering why specifically you have chosen the ones you are using? Good luck
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    Offshore Accounts for beginners

    There is nothing wrong with having an offshore entity in a tax haven, as long as u report appropriately to the US Treasury, as Bob Green said. Cost then becomes an issue, but there is nothing dodgy about it. Of course you could use an offshore brokerage that takes US citzens but don't be...
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    Looking for Pro firm

    Yep I'm with you on this, this is what I do as well.
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    Looking for Pro firm

    Actually it was the same. He totally got scammed and never saw any return and we used to laugh at him for that one. He was long since passed when we were contacted about it. It was worthless up until that day. I went back and looked at the threads, are we certain that this is "their" deal...
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    Looking for Pro firm

    Lol I actually made money on Florida swampland. Gramps bought it back in the day and was part of his estate. Developers came in and dredged the whole place. But that's a story for a different day. I guess nobody reads others posts here anymore. If you give ur money to someone else and the...
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