So you are saying that if you have the uptick rule in place, the velocity of the downward movement in stocks will be minimized. But then I say that all shorting was banned on financials not too long ago and still the financials got hammered. And then you say I am an idiot. Please reread the...
What crap. Why don't you and Cramer go have your own "reinstate the uptick rule" party? It is just complete garbage. If the uptick rule was so important, how come financial stocks got hammered after shorting was declared illegal on them?
Nobody knows for sure who was in the position that blew up. However, one thing is for sure is that price manipulation to the upside is celebrated like it is some great thing, while price manipulation to the downside is considered evil and reprehensible. Get real.
You don't know who is being taken out on the Volkswagen trade. Most likely nobody that you have a personal vendetta against. Volkswagen is just showing the inefficiencies in the German stock market. Some people's lives are forever changed because of the trade, for no rational reason.
Illegal.
Plus what if somebody pennies your buy order right before your buddy sends his sell order? Or what if your order is on ISLAND and somebody pennies you with a hidden order?
I completely disagree. The way for IB to go insolvent is to call each person having margin issues and trying to work the problem out with them. Meanwhile, who knows where their positions trade to. I could care less if customers at IB go insolvent, I care that my money is safe with IB (i.e., that...
I appreciate the fact that IB auto-liquidates. It makes me sleep well at night knowing that the safety of my account will not be affected by the actions of others.
Well, he was disfigured when he was tortured. That being said, some of the split screen images of him during the third debate will give me nightmares for the rest of my life.
I would say the ultimate party in the wrong here is ARCA as the exchange itself crossed this order even though DNDN was not trading. This must mean that IB just sends the order to the exchange and it is the exchange's responsibility to return an error if the security is halted. As for trying to...
What is the opposite of "Buy high dividend yielding stocks on this retest of the market, but don't use any money you need for the next 5 years, but I really don't like this market!" Huh? :confused:
No, no, he says to wait 5 days before buying anything he recommends, that is unless what he recommends shoots to the moon on his recommendation. In that case, he will take credit for the big move! Win win for everyone involved! :confused:
Yes, "right" if you wait 5 years and the market doesn't recover. Because he said you should pull out all money that you would need within the next 5 years, indicating he thought that indices would not recover in price for 5 years.
He is such a complete moron or he just ignores parts of what...