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China will never screw up their largest export market trading partner. They will steal IP from the US, and they will fill US landfills with crappy goods and buy our scrap metal to make more crappy goods, but China would never undermine the source of their power - trade. China understands that...

Your next generation US fighters, which are already being flight-tested in black USAF programs, will be unmanned and will be incredibly lethal in terms of maneuverability, speed, and loiter. The only other country even remotely close (Ha!) to the US in UAV development is Israel. And Iran's...

China's J-20 stealth fighter: 'design is 25 years old' http://www.telegraph.co.uk/news/worldnews/asia/china/8241968/Chinas-J-20-stealth-fighter-design-is-25-years-old.html

Fraud on a massive scale regarding the "science" behind the vaccine controversy. http://edition.cnn.com/2011/HEALTH/01/05/autism.vaccines/?hpt=T1

The day trade Nymex Member rate is 0.45 per side. Overnight Member rate is 0.70 per side.

Yes, my bad - pricing on forward implied vol curves for VIX, PS, and CS.

I have lots of contacts in Energy - PM me please.

Actually, trading the spread between the VIX and the ATM SPY or ES straddle is a great trade. For example, the VIX vol (which is 30 day implied vol OTR forward) has rallied the past few days but the historical vol (ATM ES or SPY Straddle) has continued to come off.

Deal directly with a major Chicago FCM for your best deal. Introducing Broker would be useless - they just take a vig haircut and give-up to a Chicago FCM anyways. Never take anything about taxes on an internet forum at face value - go to a CPA who has credentials and references in the field...

The important advantage is for regulated futures and not equities. With the futures you get blended capital gains tax treatment, which is capped at several percentage points less than the upper tax brackets for ordinary income.

Shortie, no disrespect intended. The VIX is implied vol 30 days forward. A straddle is historical vol - there is an important difference and you can't interchange the two. So, are you implied or historical?

You apply for exchange membership, and part of that process within the actual application is to specify a seat lease in lieu of a seat purchase - a very common and routine practice. All major Chicago FCM's assist their clients with this process - again, very common. If you are trading...

"In the meantime, just sell high, buy low." Whatever happened to trend following - you may think you are buying high in order to sell higher on a 'wing and a prayer', and a few months later in hindsight it turns out to be a brilliant move. There is this primal urge to time a reverse in...

Quote from retaildaytrader: "I am putting my reputation on the line with this post. " Well, the original post was a call for a top in the S&P when the market was trading 1165.32 on Oct. 11, and then he started a new thread and declared a top on Nov. 05.

IB really isn't the point at all in the discussion - it's paying Member versus Non-Member rates. You lease a seat. Sometimes a couple. I've done it since 1992. That's what makes ICE and Eurex so nice, at least the way their original business plan was set up before the greed set in.

I have absolutely no earthly idea. My kind of trade would be to do something like buy dollar weighted ATM IBM Calls and sell ATM SPY Calls as a relative value play on the market - very cheap capitalization, pure alpha generation, and staying power. For me at least, I just need better...

If you sold vol when you posted this thread you are underwater on the trade.

Everything you need to know is on the CME/Nymex website. The big nut is the Member versus Non-member exchange rate structure. Member/Lessee Day Trade Rate: 0.45 Member/Lessee Overnight Trade Rate: 0.70 Non-Member Rate: 1.45 NYMEX Division Reported Lease Information - New Leases...

I lease a Nymex seat for $1300 per month and pay $1.10 per round turn (buy and sell) all in - including FCM commission, exchange fees, NFA fees.

Another beautiful market timing gem on ET - I would imagine that the W/L record for fading the market timing calls on ET for these brilliant threads is far greater than 50%.