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    Took out a loan to transition to full-time trading. 24 years old.

    Brilliant! That about says it all folks, no need for 44 pages.
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    RegT or Portfolio margin.Question.

    The short answer to your question is no, PM is not the holy grail you seek. Long answer is IB will arbitrarily jack your required margin around far more and far more unpredictably and irrationally with PM than Reg-T.
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    The patent office evaluates a patent on it's merits, not the the people who sign their names as contributors. That's really just a prestige thing. If he wanted a CEO could have his name put down on every patent his company issued even if he had nothing to do with the actual research. Most CEOs...
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    To everyone on this thread, let's agree on some basic facts that are beyond dispute because there are some pretty huge misconceptions here. Shkreli acquired Daraprim which was a medication developed 1953. He had absolutely nothing to do with developing it. While there is an infinitesimally...
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    Helps if you actually read the discussion, hard to have a conversation if you ignore what has been said before. This has all been very enlightening in a twisted kind of way. It's fascinating to know that at least some people idolize those who are assholes and criminals simply because other...
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    How you people continue to get sucked in by narcissists over and over while they screw you and you continue to adore them is....well an interesting study in human psychology to put it nicely. First off, you do realize that insurance is a risk pool and "shoving a stick in insurance companies...
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    I simply said he did nothing to contribute to that drug, a link to results of a trial does nothing to dispel that assertion. Sorry, but this jackass didn't self-teach to the point that he developed a ground-breaking drug and he clearly went into niche drugs for rare conditions solely because he...
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    Confused about Real-World Farmer's Commodities

    The EU agreement I was thinking about was this one http://europa.eu/rapid/press-release_MEMO-17-1903_en.htm Completely agree with the volatility statement!
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    Percent of trading profits for software development

    The value of your time is very different if you're working for a wage vs working for a potential payout. If I offered you $100 an hour to do a project for me, or something that may be worth $100 an hour or may be worth nothing and in either case it won't be paid for months or years, the rational...
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    I'm a big fan of Quora. But you have to realize a single post, especially one posted by someone who describes themselves as "Lisa Whisnant, Martin Shkreli is an interesting fellow and friend." isn't necessarily accurate. Shkreli has BBA in Finance and Economics. He isn't a "researcher" and he...
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    Exactly what clinical trials did he sponsor (answer-none)? He's done absolutely nothing to make the world a better place, and lots to make it worse. It says a lot if you think anything positive about this asshole, he's really done nothing worthwhile in his life.
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    Pharma Bro jailed after judge declares him a ‘danger to society’

    That's not what he was tried for.
  13. S

    Percent of trading profits for software development

    You're a pretty rare developer then! May I ask how long you've been making a living doing software development? As a break into the industry strategy or a side project for fun strategy what you describe is fine. As a long term strategy to make a living, well you'll find out how that works out I...
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    Is penny stock day trading the most profitable in the market?

    That's singularly unhelpful advice, I must say. Do you also recommend buy low and sell high?
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    EFX

    Not a lot of love lost on these guys is there. They seem to be less popular than the IRS!
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    Confused about Real-World Farmer's Commodities

    I have traded ag futures but as you surmised I found it so difficult to model because of the noise from trading that I wasn't successful and stopped (still do trade SPX FOPs though). So your assertion of "as a trader, not very useful" was spot on! I'm completely with you on the BS of a...
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    Confused about Real-World Farmer's Commodities

    You have to think about what the marginal price driver is and how much you can substitute a commodity from one part of the world to another. For example, natural gas is expensive to liquefy and transport. So a temporary shortage in Texas isn't going to impact prices in the Ukraine until the...
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    Funds availability for deposited checks. Is anyone worse than IB?

    That's a welcome change, maybe they listened to my rants after all! It could also be that they just don't follow their own published guidance (https://www.reddit.com/r/investing/comments/4rvc8g/interactive_brokers_40_days_hold_on_ach_funds/), wouldn't be the first time they abdicate all...
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    Shkreli at court

    Bet that hurt him more than any other penalty he's faced so far!
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    Funds availability for deposited checks. Is anyone worse than IB?

    Military commissaries are the worst for that! It's funny because I think most of them use checks because they think debit cards aren't "secure", but don't realize that their bank account number and routing number are printed in plain sight on the front of every check!
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