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  1. bone

    (Poll) Those who make more than USD 100k p.a. trading, how much trading capital did you start with ?

    No, I don't think that really gets to the heart of the matter. Trading strategy and the quality of the trader and his system dictates capital requirements. Net income is simply the end product. This thread is like saying: "How much capital does it take to net $100K growing organic...
  2. bone

    China economic sanctions over human rights abuses

    Tell ya what, let your Country be taken over and permanently annexed by the Chinese Communist Party - without your consent, and let’s see if it doesn’t change a damned thing as you say for you and your fellow Countrymen. You are tone deaf and naive. Things are changing radically for Hong Kong...
  3. bone

    CBOE aims to eliminate HFT

    This will get gamed sure as sugar. There are very clever traders at DRW, Citadel, Goldman who are already scheming... They live to exploit the peons working at the trading exchanges.
  4. bone

    China economic sanctions over human rights abuses

    Your sense of proportion is seriously warped. Do you believe that the Holocaust was real or was that also an exaggerated US/Israeli fabrication?
  5. bone

    China economic sanctions over human rights abuses

    "The invasion of Kuwait on 2 August 1990 was a two-day operation conducted by Iraq against the neighboring State of Kuwait, which resulted in the seven-month-long Iraqi occupation of the country." - The History of the World According to Everyone. Please adjust your aluminum foil hat, the...
  6. bone

    (Poll) Those who make more than USD 100k p.a. trading, how much trading capital did you start with ?

    This query is just as vacuous and useless as the previous one. There are traders that can make $100K per year with a million dollar account and there are traders who can make $100K per year with a $50K account. You are making no effort at all to appreciate or understand the time and effort and...
  7. bone

    Gotta love ZERO RISK in the SP500 = $$$

    As horrific as the second quarter GDP was, the S&P off 12 and change was a bit bullish IMO. It also drives home the absolute carnage that coronavirus lockdowns and quarantines has on American lives.
  8. bone

    Gotta love ZERO RISK in the SP500 = $$$

    I gotta kinda agree with Elon Musk on this one. To hell with the "package" and just cut every single American a check for $6,000. The malfeasance and corruption for both political parties is just mind numbing.
  9. bone

    (With a Poll) To those who trade for living, how much trading capital did you start with ?

    This is really a somewhat worthless question IMHO. If your intent is to start trading with no experience or validated trading system, and pay all of your bills and living expenses from said trading account - make it a really big one. If you have a "day job" and don't have to draw money out of...
  10. bone

    Biden to Urge Federal Reserve to Take on Racial Wealth Gap

    So the candidate whose signature political career move was jailing a disproportionate number of black Americans through his crime legislation, and then ripping their faces off with 25% credit card interest rates and stricter bankruptcy laws skewed towards shielding high interest credit lenders -...
  11. bone

    Kodak Lands $765 Million U.S. Loan in Start of Medical Supply Chain Fix

    Kodak Lands $765 Million U.S. Loan in Start of Medical Supply Chain Fix Onetime photography leader is shifting into production of drug ingredients using a loan provided under the Defense Production Act Wall Street Journal Eastman Kodak Co. has won a $765 million government loan under the...
  12. bone

    China economic sanctions over human rights abuses

    There’s been considerable academic research from a variety of sources on this topic. The conclusion is generally the same: That the Allies were not in a military position to materially mitigate the Holocaust in terms of intervention. But your point about the US taking in more Jewish refugees...
  13. bone

    Economists on the RUN

    They are no doubt responsible for the current state of affairs making it just about impossible for local governments to fire bad police officers. This is a bit off topic but it is a truth.
  14. bone

    So I got this email from a "wealth advisory firm"...

    Are they registered ? Supposed to be.
  15. bone

    NY wants to try a FTT

    No way that Schumer and Pelosi give the FTT any more than lip service and your usual lefty platitudes. They will completely support it until it comes time for it to leave committee. Wall Street has bought and paid for the Democratic Party power brokers, especially the Obama alumni that will...
  16. bone

    Opening both long and short trades

    1. That’s an entirely different scenario than opening a sub-account for the purpose of making it more convenient to lie to yourself about your P&L as was posited earlier. 2. I trade futures, and I have GTC and OCO buy and sell orders working all the time simultaneously in the same product.
  17. bone

    NY wants to try a FTT

    Slick way of saying that she won’t support it.
  18. bone

    'Made in China' on the nose as push to tame Beijing gathers pace

    Over the past year, Biden’s position on China has undergone a tectonic shift as he takes tougher stance on China’s human rights violation and strategic competition with the United States. Both presidential candidates are looking to make China a central feature of the race. ..."the escalating...
  19. bone

    'Made in China' on the nose as push to tame Beijing gathers pace

    Biden threatens new China sanctions if elected National security law is 'death blow' to territory's freedom, presidential candidate says https://asia.nikkei.com/Politics/International-relations/Biden-threatens-new-China-sanctions-if-elected
  20. bone

    NY wants to try a FTT

    Cuomo's spokesperson is correct - the tax would just move trading and firms and infrastructure elsewhere. It's a digital age, and the City of New York does not have a captive resource to tax in the form of financial transactions.
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