And another successful trading site was at bigmiketrading.com for quite some time (site sucks but not because of the domain name), so that kind of shows you how much domain names matter. If you think EliteTrader is where it is because of their domain name you've got a lot to learn about the...
I certainly won't argue in favor of monopolies but this isn't one. There are ETFs you can trade that track the same index (I get the tax treatment) and nothing is stopping another exchange from offering an identical basket of stocks or an IB from offering a derivative or note that provides the...
Good pricing is never based on cost to provide the service, otherwise MS Office would only cost a nickel. It's based on the price the market will take, taking into account the elasticity of demand to maximize your profits. In this case it seems they've not found it worthwhile to offer price...
If it's a big enough trade to make a difference to anything than its not just a market maker going about their business. A market maker who takes on a big one sided position would only do so if they had a conviction about something, and they probably know the market better than their...
I specifically demonstrated, to you, in this very thread!, that leveraged ETFs don't decay, they simply suffer path dependence which leads to unexpected results. At this point I believe the concept is simply beyond your grasp, I know that's an A-hole arrogant thing to say but I just can't think...
No, they don't trade like options and they don't have "high time decay", also known as Theta for those who trade options. In general if you look at the returns they provide exactly 2x or 3x or -1x the daily return of the index. If you rebalanced them daily, you'd get exactly 2x or 3x or -1x the...
That is an fundamentally and completely incorrect assertion. A leveraged ETF does not have theta and pretty much doesn't behave as an option in any way.
There is no "business" in the business of enforcing laws, that's an inherently government function. Of course Obama wasn't a businessman, never claimed to be and neither did Saint Ronnie or Eisenhower or Lincoln. On the other hand, Warren Harding, generally considered at least among the worst if...
When someone throws out a mindless rant completely unrelated to facts and then ignores everyone who points that out and proceeds to belittle them instead....hard to do better than to point out the juvenile nature of the behavior.
Worked to get him banned and his name and ideas associated with trolling. If you're just desperately screaming "pay attention to me, pay attention to me" like this chump and people pay attention to you then I guess he can say "it worked". If he actually wants anyone to seriously consider his...
Amazingly this strategy of insulting all potential readers of your post in your post isn't winning any converts. Who knew!
May I suggest you try some of this, you clearly need it!
http://www.dalecarnegie.com/events/how-to-win-friends-and-influence-people/
I stand corrected then, crazy. I think the intent was not for individuals managing their own accounts to file, per the last part of "In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities for its own account; or (2) a natural person or an...
I'm willing to bet there are exactly 0 individuals in the U.S. who keep $100M in a personal investment account under their name. If there are any, they didn't get their money from managing money well, as there are a variety of setups that are far more tax efficient. If they invest in these...