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The term bucket shop has an extremely negative connotation, perhaps to you it simply means that the market maker owns the exchange but to most it implies a much more shady operation. Even if it only meant that you're always trading against the house, that's not the case at Nadex. Nadex has at...

So do you want crappy factory jobs back or don't you? Sounds like you, as sadly is the case with most populists on either side, haven't thought things through and have an extremely shallow, black and white view of the world. This is why populists seldom create or improve, only criticize and...

Do you disagree that you can sell as well as buy options on Nadex or that they're regulated by the CFTC? That's all I said, and as far as I know that's 100% accurate, am I wrong on any of that? Nadex has plenty of issues, spread being one of them. However I don't think they practice any...

Why not just do backtesting on an AWS instance or one of dozens like it? You can get far more computation power than you could ever put together on a home computer for a couple bucks.

You can sell options on Nadex as well as buy them. And Nadex is a CFTC regulated exchange, exactly the same as CME.

If you think assembling iPhone's is a dignified middle class job you either haven't the first clue what that entails or your definition of a dignified middle class job is in another universe from mine!

In the last few weeks, none at all. It's funky with the interest rate impact which in turn is impacted by how far out you are from expiration. At times it's been in the 75% range though, so still of some value.

While I agree with much of what you said, however wanted to note that the PDT rule applies to options as well.

Recreated the wheel and coded it in myself, sadly.

If you have working capital of $800K you presumably earned it unless you inherited it or won the lottery? Anyway, you're right, my point isn't about what income is or isn't reasonable. My point is that anyone who thinks they can get significantly greater than risk free returns without the...

Everyone's utility is different, some people become monks after all and voluntarily live in a cell. It's just that this question presupposes that the person is both young and has made over $800K. I'd maintain that the kind of person who fits that demographic isn't the kind of person happy to...

Just to clarify, you had stock in company that no longer exists (autotek) and want to deposit it with a broker and them to magically make them Alpine4 shares for you? And let me guess, this is sub $100k, probably sub $10k worth of stock? You need to get Alpine4 shares from Alpine4 if you want to...

Well first of all Trump cares about no one but Trump. Second, the vast majority of the value in any product in the U.S. comes from and stays in the U.S. because the design, marketing, sales, and service for nearly any product make up the vast majority of that product's value chain. That's a...

I guess a decent living is relative, most people who've made $800K and are still well short of regular retirement aren't the the kind of people who consider $80K a year a decent living. And 10% is 5 times the risk free rate. You need to take on 5x the risk to make that or assume that there is...

$200K, seriously? What do you plan to live at the poverty level or reliably return 50-75% returns year after year?

Rough life running a sub $25M fund, unless it's just you in your basement that's barely enough to cover costs.

Another thought on that is that after 2008 a much higher proportion of the home owning public is on a fixed interest loan. So they aren't really impacted by rising interest rates as long as they're staying in their house, and rising interest rates will eventually bring inflation and income...

Even then it's not necessarily a problem. If you make $50,000 a year and take out a $75,000 mortgage on a $100,000 house, are you in a better financial position than someone who makes $500,000 a year and takes out a $200,000 mortgage on a $400,000 house? If you're just looking at debt you'll say...

Interesting philosophy, you need to have billions to ask someone to clarify a completely inane point? That's right on par with your idea that kids dying of polio is a good thing because one might be the next Hitler. You're suffering a critical deficit in critical thinking skills my friend, you...

I did. You assume that all use of margin is high risk. That is an incorrect assumption.