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  1. lindq

    Legal Question Regarding Trading Other People's Money

    The pressure you may feel from trading a loan is nothing compared to the pressure you will get from trading other people's money.
  2. lindq

    IB - New Feature

    IF you trade with IB, I would appreciate your help in voting for a new feature on their New Feature Poll. As you know, TWS offers the option of closing an open trade at a particular time. But this option is not available for the CLOSE ALL order type. Many, including me, would find it...
  3. lindq

    Michele Bachmann Is Gorgeous

    As one who spent years in the TV/Film business, I can promise you that 90% of the "attractive" women you see on the tube, you definitely would not want to wake up next to in the morning. Professional makeup, hairstylists and lighting directors can do wonders.
  4. lindq

    The Only Way to Turn US Economy Around

    Very simply, any U.S. registered corporation that assembles goods overseas for sale back in the U.S. should be taxed on those products to the extent that it will encourage them to assemble here in the U.S. The U.S. congress has the power, but not the will, to make this happen...
  5. lindq

    Hey Traders: what is the other side of your trade?

    That's a good question. The other side of my best trade is someone who's selling to me in a panic.
  6. lindq

    1040 tax form Occupation?

    Self-employed. IMO, best to keep it general.
  7. lindq

    How to improve your laptop performance?

    Use Google's Chrome browser.
  8. lindq

    Cut mortgage-interest deduction: Fed official

    My wife, who is a Realtor here in Scottsdale, tells me that it's nearly impossible to sell a mid-to-upper priced home in current conditions. Can you imagine the market if mortgage interest deductions are erased? Yikes! End of the world pretty much sums it up.
  9. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    There are people who profit off day trades, and there are people who lose. It is a two-sided market. And because it is a two-sided market of buyers and sellers, the more there are, the closer the matching of prices to buy and sell. Thus, the less volatility, and the more efficient movement...
  10. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    You are making a common mistake of lumping together high volume or high frequency traders with derivatives trades. In what way have high volume or high frequency traders harmed your investments? An efficient marketplace is one in which there are a great number of players. An...
  11. lindq

    How bad is the slippage at IB?

    7 years, no problems. Some people will complain about anything.
  12. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    I would be careful here about positioning yourself as against "nurses" in any form whatsoever. I would not use the word nurses at all. Come up with something else. I would also be careful about using the word "speculators", as in speculators are good, helpful, etc. Very simply, the...
  13. lindq

    Evolution debunked in 1 paragraph.

    There was once a Beetle named George. (Could have been Ringo, I dunno.) George lived with a group of about 50 other Beetles about 300 million years ago. They had a good life. But they did have one enemy. The dreaded Scorpion, who regularly attacked George's little group of friends...
  14. lindq

    Questions a new trader should ask

    Or...how about exiting at a small loss and entering again on yet further weakness? Or...how about entering half now, and half on further weakness? Or...how about entering half now, and half on a show of strength? Golly Aunt Bea, there are so many ways to do this, how am I ever to...
  15. lindq

    trader status?

    My pleasure. And another benefit is that your wife will naturally be responsible for all losing trades. Not your fault. :p
  16. lindq

    trader status?

    With your fulltime job and solid salary, it is likely that the IRS will have problems with you filing for trader status. But...you might consider giving your wife the trader status, if her part time hours don't conflict with when trades are being entered, as the IRS can check if you're...
  17. lindq

    Theological discusssion

    It didn't evolve by chance. It evolved by human intervention as soon as we stood upright and began to speak. Look around you right now. What about your environment is natural, and has not been created or manipulated by man? You eat synthetic food, wear synthetic clothes, take synthetic...
  18. lindq

    U.S. debt rating downgraded to C status by Weiss Ratings

    There's always Ebay. Free shipping under 60,000 tons.
  19. lindq

    Trading Long Straddles

    As with a number of options strategies, straddles are fine as a tool for special situations. But as a regular trading strategy, forget it. Death by a thousand cuts. Very, very seldom a payoff that is anywhere near the cost or effort, as the underlying has to scream in order to overcome...
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