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    Yes more free money for Japan... Trillions of yen for everyone

    Since you refuse to answer the question I'll be happy to. When Japan's GDP per capita falls below the rest of the first world countries I'll be the first to say I'm wrong, or more importantly learn from the information in front of me and change my hypothesis to reflect what I know. Much like if...
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    Yes more free money for Japan... Trillions of yen for everyone

    The comments from der_kommissar and Maverick1 are the intellectual equivalent of a plumber pontificating on bridge building and what idiots those mechanical engineers in their ivory towers are with their equations and maths and all that. What I love about the anti-intellectual arguments from...
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    Yes more free money for Japan... Trillions of yen for everyone

    Nuance is what it's all about my friend, perhaps you're simply agreeing with my earlier thread in this post where I criticized a black and white approach? If you got that you might have caught on to why I included Greece in there as well, although I also happened to just be truthfully listing...
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    Yes more free money for Japan... Trillions of yen for everyone

    Pretty sure you missed my point. The sky has supposedly been falling on Japan for 25 years and yet it remains more prosperous than most of the rest of the world. Most of us change our thesis on something when our predictions don't come true for a few years, almost anyone would after a few...
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    Ruble undervalued according to the Big Mac index

    I'm curious what PPP actually is. Obviously the "Big Mac Index" is a little senseless since a Big Mac costs much less in BFE Kansas than in Times Square, and clearly a Kansas dollar isn't undervalued compared to a NY dollar. PPP does a better job of teasing out the data using the same underlying...
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    Yes more free money for Japan... Trillions of yen for everyone

    People of your opinion have been saying that since 1990. At what point, we're talking a quarter century here, do you admit that you might not be right? I mean with that kind of logic can I claim that whole democracy thing in 1776 was a huge mistake, we just haven't hit the hard asphalt yet.
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    Here's the Economist Whose Ideas Guide Trump

    It's funny, I remember exactly this kind of "they're Asian's, they have a long view that us Westerners just can't do" kind of hand wringing the last time we were sure an Asian country was going to take over the world economically. That was Japan in the 90's, didn't work out quite like that in...
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    Yes more free money for Japan... Trillions of yen for everyone

    And despite "peaking out" in 1990 it's a far more pleasant place to live and work than 90% of the rest of the world for the intervening quarter century. While the tough love imposed on Greece, Ireland, Cyprus... has resulted in a crippling of their economies and is pretty widely recognized as a...
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    Broker to bypass day trade rule

    Any broker who allows that is not someone you can trust with your money. Pretty sure the one you're thinking of was a honeypot that the FBI allowed to continue operations so they could amass more evidence. Yeah, you're getting yourself into that kind of situation all to avoid the PDT rule.
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    Quantopian

    I've used it extensively, it is far more powerful than most backtesting platforms I've seen. You can certainly do out of sample tests, you pick the timeframe for every simulated run you do so simply save some out of sample timeframes and after you've perfected/overfitted your algorithm you can...
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    Shorting Bonds - Question

    Every leveraged ETF I've tested has almost zero tracking error when you account for the management fee. If you read the prospectus you'll find that they promise to match 2X, 3X, or -1X of the daily return of their underlying index. Which they all do almost exactly with no tracking error. If you...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    Interactive brokers ended their lending program where you got most of the borrow fee and now the only option is a 50/50 split with no guarantee that your stock gets loaned. Do you know of any brokers who actually do share a majority of the borrow fee they get for loaning your stocks, would love...
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    I have a system. I want to turn it into an algo (robot trading) system

    If you're a good software developer you're making enough to drive around in a Lamborghini if you choose, regardless of what you're working on. No need to risk any money trading! Most just buy a house in San Francisco instead; the personality type the blows money on a Lamborghini generally...
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    Swiss Bank Refuses Large Cash Withdrawal

    Never said they did. In fact I'm pretty sure I said I was no fan of the Patriot Act and made no statement, subservant, subservient, or otherwise that the gubmn't should need to know for what you need your own money. Just to be clear, my point was that AML/Patriot Act laws and their poor...
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    Swiss Bank Refuses Large Cash Withdrawal

    I think almost every case of withdrawals made difficult can be traced back to know your customer/AML requirements and clumsy implementations of them by the financial institution's compliance departments or employees who are either scared of running afoul of the rules so they go overboard or just...
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    Swiss Bank Refuses Large Cash Withdrawal

    And again, if you actually read the entire BBC article you'd see it was a misguided anti-fraud effort that wasn't in accordance with actual bank policy. Interestingly there's some reports here that some brokers won't do an outgoing wire without you telling them the reason, have done so for...
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    EBITDA higher than or equal to gross profit!? D&A causing problems

    I'm guessing your data source has some errors. If you look at page 29 of the actual annual report (http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MzI2MTcwfENoaWxkSUQ9LTF8VHlwZT0z&t=1&cb=635925374196695676) it pretty clearly breaks down the operating expenses, i.e. G&A is $494.
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    Swiss Bank Refuses Large Cash Withdrawal

    Seriously people, you're quoting "news" from anthemvault.com, a private company engaged in that offers to "Buy, Store, Sell, and Gift Metals"? A company whose interests are directly aligned with making you doubt banks, and what do you know but they come up with a story that would cause you to...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    There is an amazing amount of misleading or just plain incorrect information on this thread. Leveraged ETFs return 2 or 3X the daily return of the underlying. All of them do this almost exactly with little to no tracking error and no "decay" beyond the clearly stated fund fees in the prospectus...
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    Restriction Placed on Account - Legal

    I feel bad for what happened to you, it clearly sucked. However I wouldn't recommend a lawsuit unless you lost several hundred thousand or more. Here's why: every broker has something in their terms and conditions that says they're not liable for losses you suffer because you're not able to...
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