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    Leasing exchange membership

    Thanks Riskless. However, I am not talking about a choice of trading the minis on the screen or on the floor. I am talking about having a choice of starting a trading business with a choice whether to trade an instrument such as emini or bund which could be screen based VS. start your...
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    Leasing exchange membership

    floor vs. screen If you had the choice of trading on the floor vs. screen based, which would you pick? Is being on the floor in an open outcry environment far better edge wise than the "sterile" environment of the screen? I am debating whether the floor edge is worth it-pain is the ass to...
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    Leasing exchange membership

    floor vs. screen If you had the choice of trading on the floor vs. screen based, which would you pick? Is being on the floor in an open outcry environment far better edge wise than the "sterile" environment of the screen? I am debating whether the floor edge is worth it-pain is the ass to...
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    PIMCO on Floor Vs. Screen

    If you had the choice of trading on the floor vs. screen based, which would you pick? Is being on the floor in an open outcry environment far better edge wise than the "sterile" environment of the screen? I am debating whether the floor edge is worth it-pain is the ass to apply 1.)$1,000 per...
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    Trading grains

    I heard from friends on the floor that sugar trading has been better lately. They squished the hours from 10-2pm to 9-12 due to space contraints. Check out the volume 20-30k contracts a day. Due to the hours, the trade such as brokers of Nestle, Coke, can't screw around and trading is regular...
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    Bright Trading NYC

    Read your llc contract. Most of them can hold money for contigent liability in case you had violations. I think few would invoke that clause though coz of the hassle and bad publicity. Unless you really piss them off they usually won't hold longer than trade + 3
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    specialist goin to the can

    Who is ogg?
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    Syria next ? You bet.

    Hey freealways, those are women !! Just kidding Peace !
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    anybody used MicroHedge option software?

    Bayoption has a very nice software called option RT. Problem is coder /owner retired or movd to a hedge fund so you can only get thru private sale. Good luck
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    If this spreads....

    meteoxx, Maybe not go to war against Syria like we did in Iraq, BUT a surgical strike into the hotel, go in take the bad guys fly out within 30 minutes. Been done before... at least in Rambo movies
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    Is being delta neutral worth it?

    I guess diff strokes for diff folks. The few guys I know who are retired below 40 are delta neutral traders 50- up on the futures pits in NY, get an edge then hedge. BUT... if I were to be either one I'd rather have a good underlying feel, since one can set up asymetric ratios to really pump up...
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    Is being delta neutral worth it?

    Natenberg's book deals with delta neutral trading ... One of main reason is to capture skew/smile inefficiencies w/o regard to underlying directional move. Maybe a judgement call on absolute vol levels as well as relative vol levels between strikes, bet months.Maybe arb opportunities?
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    Problems with McMillan's Method

    Before you emulate someone's method, make sure it works. Call that person up and ask him for his trading records sequentially not cherry-picked. Show me the money !!
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    America Spreading Democracy

    Nice article by Cavuto about our "friends" across the Atlantic ! French Toast Friday, April 11, 2003 By Neil Cavuto I remember reading this story years ago about a guy who was fired at work yet no one immediately around him knew it at the time. So he kept coming into...
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    Prop Futures

    that still doesnot make sense unless rules have changed at the exchanges. I was a memeber of a prop firm that trades ont he floor. I put up $0 in return for 50% profit split. We had 5 traders in oil, 2 on gold,etc and all of us had to get seats. If it was'nt structured that way, seats at these...
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    Prop Futures

    How can a trader who joins as a member of a prop futures firm avail themselves of lower rates (member clearing rates)? Doesn't every one have to lease a seat or own a seat in that exchange to get member clearing rates? I think futures exchanges don't allow "piggybacking" wherein 1 firm leases 1...
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    Do traders pay FICA?

    Accdg to IRS publication, anyone who buy/sell securites are exempt from FICA. See previous post. Does'nt make a difference whether you are pro or retail.
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    Warmonger Explains War With Iraq To A Peacenik

    To me having /possessing WMD is not material merely a pretext to bring forth to that farcial body called the UN. How can you take UN when they named Iraq to chair some sub-committee of disarmament and Libya of terrorism? I think leaders that have exceeded a certain threshold of "kills" need...
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    Expedia- holy s**t!

    I understand the implications ( I think) if the stock dies. The IB is hedged, the officers default on the loan, keeps the borrowed $ gives away the shares w/c are worth nothing.everyone is happy and public gets shaft. But what if the stock goes up? IB is short.officers pay loan?
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    Bay Options - OSRT anywhere

    Only way to get it is to find someone who is willing to sell it to you via ebay or something else. It is a great scanner/what if analzer,simulator,etc. Even though it has been gone for at least 2 years? it is light years ahead of current programs. Good luck. I think the people of have it and...
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