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But depending on how legitimate your broker is, you might not get filled on those limit orders until the real market makes them clearly underwater.

HFT "liquidity" is illusory and is much worse than what it was a decade or two decades ago.

Once you learn the basics of programming, you can transfer your skill set to any language you want to. So really what you want to do is learn a programming language that is easy to use, easy to read, and has high-level programming concepts. I would suggest that C/C++/Java/C# are not ideal fits...

SE tax does not apply to a sole proprietor with trader tax status. But then you can't fund a retirement plan.

I barely qualify on the 20 years requirement. The one thing I can say is that unless you are trading a very liquid security, the spreads today are much larger and the amount of shares you have access to at any instant of time are much lower. It is like night and day from then compared to now. I...

Keeping it simplest, never reboot your router/modem unless forced to. I don't want ISP pushing crap to me anyway - I want a stable system without any surprises. It is like not upgrading to the latest TWS until IB forces me to. Why screw around with something that is working? As a side note...

I think you can't use the same account on two different instances of TWS no matter if they are on the same machine or not.

As I recall, I think he was pretty pro "let things fail" until everyone started wetting their pants after Lehman. Then he changed his tune and "fell in line".

Life isn't fair. The thing is, if you give a black and white definition of spoofing involving high cancel rates and no intent to fill every order, then HFTs should be just as guilty as spoofers themselves (and probably more so). I don't see how any court of law could actually prove someone was...

Why do you think "price manipulation is low" during extended hours? I could be wrong, but I would think that the illiquidity during extended hours would exacerbate price manipulation.

No inflation, except for everything I need to live, like food and health care. People who claim there is no or little inflation have no effing clue what they are talking about.

Well if you pay me to take on debt, then I will take as much as you can give me and just hoard it. Can I do that anywhere in the world currently?

Are you suggesting people who can't read and write will be employed in the nuclear and airlines industries?

Even if Bernie gets elected, there is no way he'll be able to effectively realize his goals because of checks and balances. So maybe only a quarter of what he is saying has any chance of becoming real.

Yes.

If held in a separate account, it certainly makes proving it easier. However, if you document each long term stock position appropriately, I believe you can comingle long term positions with your trading account. But for clarity and simplicity, having long term positions in a separate account is...

We are better off today because the prudent must consistently bail out the reckless, and are told to be happy about it.

Everytime you don't execute a trade when you should have, just do some self-flagellation. Pretty soon you'll be taking all trades.

By the title, I assumed this thread was about Cramer. My bad.

http://www.zerohedge.com/news/2013-02-02/winners-new-world-circa-february-2000