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Ergo.....making calls and trading have zero to do with each other. You just said it all. One can say that the market is heading south, but get decimated trading that idea. Like you did last week. Sure at some point you can be right. At the end of the day you can come out anytime 24/7 and...

Funny how this old trader guy cherry picks when he shows up....only after Surf's "call" is in the green. Very weak on his part. Hard to believe he was some pit guy from the old days. Do they have simulators in the pits as well?

I still read this thread. Is still entertaining. But once it became obvious that Surf was doing all his trading on a simulator I lost interest in talking trading with him, and posting here. I can't talk trading with guys who aren't traders. Traders are people who back their calls with real...

Get the book offered by The CBOE. Is 150 or so pages and very straightforwards. Honestly...if you spend a week going through it and take the practice tests (online...comes with book) you should be fine. I started to prepare but then got a waiver. The material was not that hard at all. As...

Yeah....I hear ya....am goin on 6 yrs myself with same one. Marriage thing comes up more and more. Luckily the football season is about to start so I can't be bothered with that topic until after the Super Bowl...

And you did it again :confused: Dude.....you are a smart guy....what the hell ?

I agree about the quote stuffing and flash orders. Both practices are are wrong. The quote stuffing guys can get away with it for most of the time, but once in a while you will see them putting up a fake bid and getting hit by someone faster and then getting rolled pretty good as they look to...

Cool.......seriously though...while I have no love for the HFT guys, I couldn't give a rats arse what they are doing. 1992....back in the days of those green screens (Quotron right....think that was the name).........fast markets in stocks......and me trading US Surgical everyday.....and...

Outside of my first marriage, my worst trade/loss involved me trading a 1954 Hank Aaron rookie card for basically a box of cards of average everyday players, and 50 bucks. Back in 1980, 50 bucks bought me a lot more cards so I took the bait. What a dumbass. I think back then the Aaron card was...

It's kind of ridiculous all of the whining about HFT. Trading comes down to developing strategies, being able to scale/manage position size, having discipline to wait out for the right set-ups, controlling your emotions, and most importantly....money management/risk management skills. If you can...

What surprises me is that people on here flip out when they hear this and actually think it has a chance. Anyone who has been paying attention to this whole idea for the last few yrs knows it aint happening. Add in the fact that Marketsurfer thinks this is going to pass and have a huge...

+1 Finally a voice of reason.

It won't man. They have been bringing this concept up for years and it doesn't even get out of the starting gate. These dopes in France/Germany are just bringing it up. It won't go anywhere. Germany and France will never get backing from the rest of EU. They could try and make a go of it on...

Go do a little reading about what happened in SE Asia when they tried this. Then get back to me. Was a disaster. It will effect every trader if they impose a tax on the value of the trade. Not just the HFT guys. If you buy 1000 shares of AAPL you will be taxed on the value....$380,000 or...

It has zero chance of happening here Surf. While it is an easy way out, is not going to happen. Hell.....the Dems can't even agree on it. Even if they did, the Rebublicans would never let it happen. This tax has about much chance passing as you and I agreeing on trading methodolgy...

The difference is...taxing cigarettes...gambling will not have an effect on the majority of people. A short term transaction tax will effect everyone. You drive traders out of the stock market and watch liquidity plummet. The stock market will drop by an enormous amount. Will effect all...

Just curious? Are you a trader? Doesn't seem like it.

Maybe over in France.....but over here. No way in hell it will even come close. They have brought it up a few times over the years and it couldn't get enough support to be taken seriously in the U.S. As far as the HFT tax thing? I would lose no sleep if they did something like that and wiped...

I call em like I see em..... and in this case it is beyond obvious that he is a simulator jockey.

They are proposing it. Like every other time this tax is introduced (in many different countries) it will get shot down instantly. They tried it before twice in the past (I believe somewhere in Asia) and it was a disaster in the stock mkts over there. The second time it was cancelled within...