Search results

No problem with VXX.

IB has it's own quirks, it charges cancellation fees.

The STT is a reason for market inefficiency because it pushes fast short-term traders out of the market. So inefficiencies tend to stay around in the market for longer time.

It defies common sense to think that STT does not affect in a negative way the volume of transactions. Especially with the tax as big as 0.25% on every transaction. And that I understand does not include the capital gains tax. How many traders you think left standing with such enormous tax?

It might be efficient in terms of it's simplicity but I doubt it's efficient in terms of the revenue size which should be the government's final goal.

Your bankroll is more of a poker player at $1 tables.

The regimes in Iran, Venezuela are corrupt because of oil. Fortune that falls from the sky and that is not earned through hard work corrupts people and their mindsets.

Agree. The less is political support for tax around the world, the better.

How facebook is different from ET forum (Sorry, I am not that familiar with facebook and what it can achieve that ET can't)?

Great news.

You can't judge by just one outcome whether a strategy is profitable or not. My guess is that the strategy is profitable over long time even if the spread between pairs won't change.

I have a bad feeling it will be different this time. I hope I am wrong.

Not good.

Just hold it til expiration and you'll get what you expect.

People should not delude themselves that if they trade leveraged products that should be exempt somehow from transaction tax. How about spread traders? Should they be exempt as well? I don't think those trading nuances are on regulators' mind.

Completely disagree. So what if it will hurt highly leveraged traders.

In this case no wonder the OP thought that this is a risk-free trade since the PnL chart shown is not taken at expiration but on some who knows what day.

Isn't the PnL chart taken at expiration date?

>>The current state unemployment check >>is about $300 a month, supplemented by $25 included in the stimulus act. Isn't it about $300 per week?

PVI.