Search results

  1. S

    WHAT IF the S&P increases over the next decade

    An S&P buy write strategy might be interesting, you can do it yourself or buy an ETF. Essentially you buy an index and write covered calls on the shares you bought. Historically it shows better returns with lower volatility than just buying the index.
  2. S

    Big U.S. stock exchanges ask SEC to hold off on fee cap plan

    My first company was an "unregulated marketplace", essentially an exchange for electricity environmental attributes. We found that the timed auction method of ensuring liquidity is far superior to a market maker method after trying both. Granted this was a very illiquid product, but I couldn't...
  3. S

    Quantopian Algo Community Grows to 160K Members

    Try looking at it this way....If you already have algorithms that are working, don't put them on Quantopian. If a platform like Quantopian allows you to develop 3 more algorithms that absent the resources and ease of use of Quantopian you wouldn't otherwise have developed, what do you have to...
  4. S

    Big U.S. stock exchanges ask SEC to hold off on fee cap plan

    So first off, we can't have a reasonable conversation if you insist that criminalizing is identical to regulating. The vast majority of us who support the decriminalizing of drugs also support the resultant drug trade being highly regulated, just to use your example. And as a hint, when you have...
  5. S

    1099b Questions, Please Reply

    When are platform and data costs ever reported on a 1099b? Have you even looked at the form, that would be a good place to start. Hint, there's no place to report anything like that at all, regardless of circumstance.
  6. S

    Big U.S. stock exchanges ask SEC to hold off on fee cap plan

    I really enjoy trading on all the unregulated forex exchanges. Without those parasites sucking up a fraction of a percent per share I make so much more money and feel so confident about the fairness of the exchanges and the safety of my funds. You?
  7. S

    IBKR's Petterfy says 'lol' to Bitcoin

    It comes from people who don't get the fundamental concept of the blockchain containing every transaction ever made or the relatively trivial effort required to correlate a transaction back to an individual. I think the various law enforcement agencies are quite happy that this misperception...
  8. S

    Quantopian Algo Community Grows to 160K Members

    I'm a disillusioned Quantopian fan. They had a ton of promise, and as a fellow entrepreneur I want to root for their success. I participated quite a bit in their early days, even won one of the first 6 month performance contests. Although I wasn't looking for funding I can see that they lost a...
  9. S

    IBKR's Petterfy says 'lol' to Bitcoin

    I like your summation!
  10. S

    1099b Questions, Please Reply

    Of course any loss is going to generate a 1099b, why wouldn't it? If you have a loss you're going to either net that against gains in other accounts or claim the loss on you tax return, right? Why wouldn't the IRS want to check that the loss you claimed matched what the broker reported in...
  11. S

    IBKR's Petterfy says 'lol' to Bitcoin

    The phenomenon you're demonstrating is actually so common and well studied it has a name, the fundamental attribution error. We actually all do it in both directions (over attribute poor performance to the person while discounting the impact of chance as well as what you're demonstrating...
  12. S

    Two tax questions

    Actually even following a written private letter ruling doesn't immunize you. But you are more likely to get good info with appropriate references from an IRS employee than from a bunch of jackasses on the internet.
  13. S

    World could run out of food in 10 years

    Stress isn't necessarily a bad thing, evidenced by a whole lot of people who live in cities because they like living in cities. For a big chunk of the world's population the sheer boredom of living in a low population density area would be a special kind of hell! Sounds like you were reading...
  14. S

    Looking for a broker to replace IB, any suggestions?

    CFD's aren't allowed to be offered to retail investor's in the U.S.
  15. S

    Any experience hiring a programmer? Where should I look?

    It sounds like you already realize this so I'll just provide you some outside validation; A 40 hour week for $1,800 comes out to $45/hour. That's a very good price for a full time programmer, let alone a freelancer who has to charge extra for the lumpiness of their workflow and to cover their...
  16. S

    The Wall Street Journal for FREE. Really. Google your story before paying 4 subscription.

    He is a rather sad specimen. You really have to feel pity more than anything for those types, their only joy in life is trolling and they're so insecure and telegraphing it so loudly without realizing it. Bet he's a popular one with the women as well!
  17. S

    The Wall Street Journal for FREE. Really. Google your story before paying 4 subscription.

    I didn't run around "scared" that's for damn sure. What did you do during your time in the service? I usually don't hear people who actually served or who are successful framing things in terms of "scared" or "loser"....
  18. S

    The Wall Street Journal for FREE. Really. Google your story before paying 4 subscription.

    I was a military pilot for over 20 years, including the 9/11 period, so please don't lecture me about being "scared". It's nice to talk in broad generalities, especially when you've clearly never run a business. It's interesting to hear someone frame everything around "losers", says a lot about...
  19. S

    The Wall Street Journal for FREE. Really. Google your story before paying 4 subscription.

    First off, you clearly value the content that the content owners produce or you wouldn't steal it. Here's how it works. When the content owners can't turn a profit they go out of business. That content goes away. You go from the kind of reporting and analysis you get from WSJ and FT to whatever...
  20. S

    The Wall Street Journal for FREE. Really. Google your story before paying 4 subscription.

    How many times have you gone through that process? It's time and labor intensive. Should a content owner be required to devote 5% of their profits to whack a mole in this pursuit? 50%, 110%?
Back
Top