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I have a stupid question perhaps. If you own stock through the broker of another company, isn't your money technically in the ownership of the company. So does it matter if IB were to go under in that circumstance?

I wasn't referring to using standalone applications. I was referring to linking to open source libraries already available. MySQL is a standalone database. I didn't get the impression that the open source libraries he was referring to were standalone applications. I got the impression he was...

I agree. Hopefully it doesn't sound like I'm trying to drive a stake through his idea. If the OP has a real motivation to do this, then they should go for it. I just didn't want him to have any unrealistic expectations.

Ok, if he isn't expecting the partner to do the coding, but is strictly needing them to add to the investment, then that is a different story. My point is simply this. The software development is going to be far more expensive than what he thinks it is or what people are telling him. I've yet to...

btw..open source doesn't mean "free". If you plan on selling the platform, you'll have to pay licensing fees to use the software. Additionally, you are required by the GPL to release your software back to the open source community. So unless you don't mind releasing the source code for your...

Well then what's the point of the "25K" for contributing to software development. A software developer is either going to be a partner and basically work for free, or they are going to charge a fee and the fee will be well over 25k. Unless he plans on buying third party tools to assist in...

Well I've been a software developer for about a decade now. So let me rephrase this. You might be able to get a "hacked" version for that much money, but you aren't going to be able to have a well developed platform for that much money. What you are asking for would probably take 2-3 developers...

Not gonna happen. What you've just described that you want is probably at least 100 grand to get it done.

btw...what the hell are you talking about with "chart tearing spree"? Do you have me confused with somebody else? I have no clue what you're implying there.

Scared? Can you not read? You asked for proof of whether we are in a recession or not. I gave you proof directly from the horse's mouth. Where did I express fear of any kind? What is this fear you speak about? I think you've confused rationale with fear. They are two seperate devices. You use...

I wonder if the president of the National Bureau of Economic Research is "imagining" the recession. I haven't read this entire thread, so I'm not sure if anybody has posted this yet: Whether the country is officially in recession is determined by the National Bureau of Economic Research, a...

argghh...you see...this is exactly where you are demonstrating your ignorance. The "technical" definition of a recession is not what economists really use. You can be in a recession and have positive growth. Your "real" growth may be negative while your growth numbers show a positive growth...

btw Hedgefundtrader, don't take this the wrong way. But you sound like I did in 2001. I saw the first spike after the bear market started and started preaching to everybody about why all the bad news "didn't matter". I didn't understand economics, I didn't understand fundamentals, so frankly, I...

We are in a recession. Deal with it. I'm mostly long myself (because I'm not really a fan of shorting), but I also manage risk by keeping a few shorts and use time diversification. I don't live in a fantasy world. I will use the recession to my advantage. I will buy when the fear is the worst...

Because a good portion of the ETF is derivative based, the farther the "swing" past normal volatility, the less volatile SSO will probably become. It's probably the most "sensitive" right around the normal double volatility of SPY. As it moves violently past the "threshold", the volatility would...

SSO is not going to give you double the money in the long run. It is "double" the volatility, but in the long run, the returns will probably be close to the SPY.

lmao...I was thinking the same thing. There's a whole "bunch" of people talking in circles, but my gut feeling is that it is really only 1 or 2 people in "reality". :D Maybe they're all "remote viewing".

"Contrarily" I think FXP is a great buy right here.

Well then that "fundamentalist" didn't know how to read a balance sheet and a cash flow statement, because if he did, he would have moved his foot as the steak knife dropped and asked the waitor for a new steak knife. :p

Oh...absolutely. I agree.