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You're mistaken on this one, all the MLPs and most commodity ETFs issue K-1s (https://www.yahoo.com/news/etf-tax-tutorial-complete-list-130037114.html). It can be a pain if you hold them in an IRA as there are some obscure rules about how much your total distributions can be with some tax...

Corzine lived in a world where his reputation and the powers that brought him was worth far more to him than money. He had all that skin in the game and lost a lot of it. He wouldn't have done anything differently if 75% of his net worth was tied into MF Global.

So jet fuel has somewhere between 60 and 120 times the energy density of the best lithium ion batteries we have today. That's before you take into account the significantly increased weight of an electric motor over a jet engine, a typical turbofan is 10KW/kg while a Prius motor is less than...

From Nadex time and sales I see you laid on a whopping 4 contract position, so you put an entire $107 into this. You either don't have much faith in your superior knowledge or have yet to translate that superior knowledge into much money...

Agreed. Everything you've said is foolish, or at the very least unsupported and unsupportable assertions or worthless aphorisms, so the sooner you stop talking the better off we'll all be!

We all understand your point. We simply disagree with you.

You make a good point about more complex orders, I only ever do simple vertical spreads for which I think the COB is almost universally better. However if you're doing some crazy iron condor with a broken winged butterfly in its mouth combo it's very possible that no-one will be quoting you on...

Given that you're trying to do it all instantaneously, I wouldn't think you'd ever do worse on the COB since any difference between that and the individual legs would be instantly arb'd away. I suppose there might be a situation where there are big spreads on both the legs and the COB and you...

You've got a lot of maturing and learning to do my friend. It pays to know your own limitations. I highly recommend you read the book Fooled by Randomness, as you clearly have been.

Cob is a complex order book, essentially your combo is traded as a combo there vice as individual legs. I can't see that you'd ever be worse off trading a combo if you want a combo all traded at the same time, and you could end up much better off.

I guess it depends on the product, but for anything with a cob or equivalent, for sure. Plus you don't have leg-in risk and you don't need a huge margin cushion to trade something like a vertical spread that requires full margin for the first leg of you're legging in.

Any claims that Nadex is manipulating prices of the underlying indexes they price their options on to take out your $500 position are complete and utter BS. If you can show me a index price on Nadex used to show that your option closed OTM that you think doesn't conform with the underlying...

I swear I've seen SPX spread prints that are way out of whack with the market, I'll have to look and see if I can find a specific example. Maybe they were still inside the spread and the spread was just really wide.

I've noticed that you see option price prints pretty frequently that don't make sense but are part of a spread that presumably did. For whatever reason they come up with random prints on the underlying components of the spread. As long as you got what you wanted overall it should be all the same...

What's your problem? Is it all about ego's and how much of a tough guy you are with you? Java is simply telling you to go knock yourself out, be the big manly man about town, grab your balls and spit. We'll both be happy to be the counterparty to your trades!

If you've ever played baseball, or any sport for that matter, what you're describing is a game. I don't think I ever had shaky hands, second guessed myself, or became super emotionally involved in any practice except maybe tryout day. You? Again we could go all day with the analogies, but as...

It wasn't clear to me that they actually got in trouble for the autoliquidation, or simply that they misidentified that a human entered the trade instead of an algorithm. If it's the former than IB ought to be really worried. If it's the latter than it's more of a yawn.

The area around the Sydney Harbor Bridge is smack downtown Sydney in a very expensive area, equivalent to the Marina/North Beach/Russian Hill in SF. To compare that to what you can rent for in Hayward or even Foster City isn't anywhere near an apples to apples comparison, and as such is entirely...

They must have been using the term "Bay area" pretty liberally or the "shock" was faux (no, those shows aren't real!!). Median 1 bedroom price in San Francisco is $3,590 (https://www.zumper.com/blog/2016/03/mapping-san-franciscos-rent-prices-march-2016/).

Isn't gambling legal in the U.K.? I'm not super familiar with the law there and I know you are; why wouldn't they just embrace the gambling aspect, move over to being regulated by the same entity that regulates sports betting and horse racing, and keep on operating as they are? Do you see that...