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  1. L

    Should the USD be abolished?

    This argument doesn't stand scrutiny. Think of an export-based economy such as Czech Republic. With exports making 58% of the GDP and imports at 53% of the GDP the country has a free-floating currency that isn't closely linked to the currency of any of the major trade partners . Exporters...
  2. L

    Best island or place to trade from?

    An important prospective is taxes... In no particular order these countries are quite popular: 1) The UK. People coming from abroad pay no tax on the part of their income from abroad they don't bring to the country. After 7 years they can opt to pay year £30,000 "bailout" fee to keep it this...
  3. L

    Should the USD be abolished?

    No, because the US is more of a single state than the EU. Each EU country has its own taxes, budget, army etc... About half of EU countries have their own currency. European countries are more culturally diverse. People speak, write and watch movies in different languages. There is...
  4. L

    Automate a simple system

    1) NeoTicker (platform) 2) IB TWS (broker API) With NeoTicker you can even use indicators in Excel.
  5. L

    Crazy airport security theater affecting travel & economy?

    I'm sure there are miracles of design among small plains as well as large plains. My point was solely that you don't expect this kind fo luxury in every model of small plain while in large passenger jets these come as standard. No testing absolutely guarantees absence of defects... or airplains...
  6. L

    Crowd-Sourcing is working for VC, do you think it could work for trading accounts?

    I don't think it is the current trend. The inflow of new brokerages is offset by brokers going out of business or being a victim of acquisition. If anything, with ever tougher regulatory requirements the number of brokers is getting lower.
  7. L

    Should the USD be abolished?

    This is a moot question as it is not happening in the foreseeable future. A more interesting question is whether dollar is being abandoned as a currency of choice in currency reserves as we speak. If the Chinese relax currency controls Renminbi is bound to become the dominanat currency in...
  8. L

    Should I pull the trigger on Sheridan Mentoring Program

    I like how the proposed logo as a moustache. Is facial hair essencial to being an effective shill?
  9. L

    Crazy airport security theater affecting travel & economy?

    The problem with small airplains is most of them are not designed to fly at high altitude. This means there is no mechanism against ice covering wings in flight. If in extreme weather conditions icing does occur, an airplain may fall down like a stone... unless the pilot does something they...
  10. L

    Crazy airport security theater affecting travel & economy?

    No, it can not... as long as the paasenger knows where to hide stuff. Watch a video I linked earlier in this thread http://gizmodo.com/5454626/naked-airport-body-scanner-sees-everything-but-the-bomby-parts
  11. L

    Crazy airport security theater affecting travel & economy?

    Only if Ron Paul's piece of legislation comes through. Currently, they are immune to prosecution.
  12. L

    Ninja or Tradestation or what else

    NeoTicker, OpenQuant, MetaTrader, MultiCharts...
  13. L

    Warren Buffett "George W. Bush, I give him great credit for leading"

    However, White House administration IS responsible. From "Predatory Lenders' Partner in Crime: How the Bush Administration Stopped the States From Stepping In to Help Consumers" by Eliot Spitzer in The Washington Post (link): For conspiracy theorists: this article is the likely reason...
  14. L

    SEC: Hedge funds must open up their books

    You are nitpicking. In the context, "surprise" probably means the audits won't be regular. "Surprised" by advance notice. That kind of thing...
  15. L

    Wrong code ? Someone explain please...

    Hahaha! I was puzzled with the thread title till I read this explanation.
  16. L

    Wrong code ? Someone explain please...

    High frequency systems tend to have very thin margins. Lag without expensive colocation ot retail commissions would render a system unprofitable.
  17. L

    Crazy airport security theater affecting travel & economy?

    Sadly, it's simple psychology. Having to go through sacrifices (such as going through airport security) convinces people that (1) the threat is serious and (2) something is being done about it. A few links: People's experiences with TSA Hundreds of body scanner images leaked online...
  18. L

    Rino

    From yahoo message boards http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_R/threadview?m=tm&bn=99413&tid=30326&mid=30326&tof=20&rt=2&frt=2&off=1
  19. L

    QE2 to destroy EUR and EU

    That's exactly the reason weakening of the dollar against Euro or Sterling or Yen is not good for the US. US exports mainly goods that are either unique or purchased from the US for political or geographical reasons... and there is little proce competition for such goods. On the other hand...
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