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I do think there's a real estate bubble in China, and many speculators + developers will be hurt when it finally corrects. But that said, I think it's a minor story at best, and will absolutely NOT emulate what's occurred in the Western economies in 2008. The conditions on the ground are...

So, can we call time of death on this product yet? The spread gets wider and wider, and fewer months are being quoted. March is currently quoted at 9.75/12.80. That's real useful.

I think the investor sentiment of "buying on a draw down" is one of the most unscientific, pointless axioms ever. Few of them phrase it this way, but they are essentially saying they think managers are negatively auto-correlated, that there's fundamental mean reversion. Gains will be more...

Oh really? What's the name of that different country? Go ahead and research, I'll wait. I seriously question whether Paulson has persistent alpha as well, but that's a different conversation. Your rant just reads like sour grapes that he's found "gullible" investors. If he has, he's not...

John Paulson lost his pants? He still has tens of billions lying around, I suspect he can afford to buy a pair. Money talks, and internet swagger walks. Regardless of why or how, anyone making hundreds of millions and or billions is pretty impressive in my book.

I haven't thought about it, but I think it's time to explore. My other concern is the cross-margin issue... if I'm trading CBOT options but hoping to hedge with ICE futures... is there any way for the FCM to know the two should balance each other out?

Yea, I really don't get it... since pit open used to be at 9:30 AM CST, right? What's the point of opening electronic trading at 6:30 AM? I guess to match up with equity open...?

As of last fall, USDA reports were moved to noon EST. I haven't seen anything to suggest they may reconsider that.... Anyone else?

Lame. What about USDA hours? It's still being released mid-trading day, no?

You can get access to them for free thru: http://www.cmegroup.com/globex/introduction/features-and-functionality/eos-trader.html

I'm not a lawyer, but I question whether that's really true. Is it more complicated splitting between "rights" for part-owners in a LLC, versus the more obvious division between general partners and limited partners in a LP?

Yea, I would be the first to tell you I'm a bit of an exception. (Doublet83 kinda falls in the same category though, based on what I've seen.) We're trading this prop for our own money regardless, and any operational expenses are just a small percentage of the strategy's overall performance...

I personally have a hard time with the assertion that Windows has a better development environment. I think the *nix ecosystem is far more powerful and sophisticated on every level. And from a stability point of view, I regularly use *nix systems that are >20 years old without any issues, and...

Of course you can. They made $1 billion with a $24 billion account... In other words, 4% returns. Anyone on this site can do that. Retail day traders only blow up because they hope to make 1000% a year, and think super-leverage is the key to success.

Note that you wouldn't trade "under" a LLC. You would form a LP, and your investment would be in there as a limited partner. Your LLC would now be the management company / general partner for the partnership. Self-employment taxes or what not would only apply to management fees earned (if...

Yea, I had it... but it was set higher, since I *do* occasionally trade up to 50-60 lots in that market. In this case, I actually did it to two different strikes before noticing which made it worse. To answer gmst's question... these weren't market orders, thank god. They were limit orders...

That's crappy, but not quite a fat finger. A fat finger is trading 56 contracts (rather than the 5 I was hoping for) in a very thinly traded / wide spread gasoline options market.

sf631: ... that was more like my initial thought, just sort of a loose affiliation for sharing investor leads + operational efficiencies. But I agree with Epic that that approach isn't super compelling... not a lot of need there. rallymode: ... I've been telling people max capacity of $200...

There is definitely "value" in doing things the official way, now. "Audited" private accounts are better than nothing, but they will still be discounted by investors in terms of how convincing they are. For all I know, you had 10 different trading accounts... and you just cherry-picked the one...

In this particular case, he made over $1 million last year in trading profits... and is now trading with a $1mm+ account this year. I think a $25k investment in his business is perfectly reasonable. (Btw, my costs were roughly $15k for full service startup, $1500/mo for admin, $25k/yr for...