Search results

My experience is in less liquid markets, even their normal account execution is pretty bad. I normally trade against their own algo and immediately afterwards see a print few pennies better somewhere else. They make a spread off me every time. Schwab's execution is much better. Prob because...

Low fee index funds will blow up the market. Active managers kept the market efficient. Without them market is just a function of fund flow. It's going to be ugly and inefficient.

Nothing beats the stock market returns! Haha. I remember this back in 2007. My biggest investor took all their money out year end because I grinded out 10% in long vol strategies and his other funds made 20% just by being long the market. They got out at the worst time. 2008 and 2009 were my...

Thanks! 8-) I guess everyone here is too busy starting/flipping tech companies!

Hi there, Getting back in trading after a 5y hiatus. Are you guys still around? How was the last few years?

Anytime. Are you on the east side?

not really for tax purposes, but to look at all the positions at the same time, being able to do portfolio analysis on a real time basis, instead of logging into separate accounts individually.

Does anyone here know a service that consolidate IB acct with other brokers such as schwab or fidelity? IB is never available on any of the consolidator websites. Thanks.

Definitely keep your TOS balance under SIPC limit. When her shit blows up, someone will be left holding the bag. Let it not be you!

Anyone know why all the solar stocks are getting a big bounce?

I used to trade stock and derivatives in Brazil. But that was many years ago before the recent bull market in emerging markets. From what i hear the volume is still good and people are doing very well. Compare to the US, there is a limited number of instruments you can trade. Pairs trading might...

Just like you I am a market addict and retired close to a year ago. I have been doing prop trading in investment banks/HFs for 10+ years and decided enough is enough. Finance is just not as sexy as it used to be 8-). Part of the reason we moved to Seattle area is to get away from the markets for...

Anyone still around from this thread? New in town, looking for some traders in Bellevue/Seattle area to socialize!

Hi guys, Anyone still around Seattle/bellevue area? I just got here a few weeks ago and would like to hook up with some experienced local traders. I've been in the stock/deriv trading business for over 15 years, both on the buy and sell side. Give me a pm if interested. Thanks! ---Tom

Hi, Is anyone familiar with the B&O tax in washington state? I am thinking of setting up a company for my trading activities. Do I need to pay B&O tax? if yes, what's the rate? Thanks.

It's good that you have interest in trading different products/strategies. Just make sure you size them correctly. On any new strategies or trade ideas, I tend to put on the minimal amount and follow the trade for a few month until i understand the risks and see positive pnl. If it doesn't work...

You guys should try living in Tokyo! We got higher taxes and higher prices. You can not live a decent middle class life without 400-500k a year. Just had this conversation with my wife last night..... What a joke! Time to move back to the States where everything is at least 50% off. Well, maybe...

or the paranoid... You have to have a 6th sense for the impending disaster around every corner...

see my post on page 3. last one.

It's better to just pay the stamp duty and trade on the exchange. If you trade CFD, you need to unwind through the same dealer. That's when they will try to get you. HK maybe slightly different in that I think the market makers are exempt from paying the stamp duty? So they can pass some of that...