Search results

He needs to switch to my broker; we have much better execution.

New linkage: http://www.govtrack.us/congress/bill.xpd?bill=h111-4191

Meh, don't confuse having a degree with having marketable skills.

Hey dentist are your trading UDN directly both long and short? Or are you alternating between UDN and UUP (the corresponding bull fund)?

"Best" depends on your personality and what works for you. Some traders make a living day trading stocks, some futures, some ETFs. Even options can be day traded.

Old news is old.

What you talkin bout willis? Sweeping statements like that are almost never true.

I hope you've been stocking up on beans, rice and ammo. :D

Since the NFA rule change disallowing hedging (i.e. you can't be long and short EURUSD at the same time) for US customers, there have been all sorts of creative work-arounds. One is the use of correlated pairs to offset the risk of a position. For instance, say you're bullish EURUSD so you...

So the transaction tax will drive traders to higher-risk vehicles in an ill-fated attempt to have the same returns as they had before.

No one knows the mechanics of how this transaction tax will be implemented, if it ever is. How would this reduce your transaction tax burden?

Well said, Komrade.

That guy's hair is obnoxious.

One thing you didn't mention is the IV of the legs of your calendar. Calendar spreads are vega sensitive, so if IV collapses, you lose. Look at the IV chart for the options and see if they're historically low or high Also, the relative IV's of the legs can give you an edge. The old adage...

This kind of thing is covered in gory detail over at forexfactory. mataf.net is good for finding correlations between currency pairs.

What we need is a good old-fashioned global depopulating event.

Depends on what "cheap" means. A new decent computer (box only, no monitor) still costs over a grand, plus it's obsolete in 2 years anyway. That's $50/month plus all the maintenance and fussing one has to do with their own computer. With a VPS someone else is handling the drudgery of OS...

I don't use one myself but I do know someone who does. Commercial Network Services This fellow uses the el-cheapo plan for $30/month for MT4 hosting. I don't know if it's the cheapest around but they cater specifically to traders.

OK, I don't use one myself but I do know someone who does. Commercial Network Services This fellow uses the el-cheapo plan for $30/month for MT4 hosting.

Interesting. I imported hundreds of trades from IB into TurboTax with no problem last year. It was mostly option spreads and long and short stocks.