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O'Leary was paid $15M and lost $9.7M, so he netted $5.3M, yet he continually talks like he's a big boy able to take his losses. He has not once shown any remorse for the million+ people he indirectly conned and continues to make it about himself. Worse, he continues to be SBF's puppet mouth...

If he has a stake, he'll promote it forever, even after it's dead, like Theranos.

I think he's talking about slippage, so I'm assuming he's successfully day trading S&P stocks, but he wants to move to options (more leverage, more moolah) using the same successful techniques. The problem is the spread and the liquidity.

It depends on your goals. In my case, I don't do system trading, I have a portfolio and most of my trading is off margin of that portfolio, so my IRR has to cover the margin rate (which is now increasing) and the market benchmark (S&P and Nasdaq). In other words, if I'm not generating alpha, why...

Takes one to know one.

Schwab's Streetsmart Edge has IV versus HV for free too. You can't customize the definition (days forward, delta), only the presentation (days in MA).

Robin Hood + Reddit + StockTwits and this entire GME situation have been great for the market. It's similar to online poker after Chris Moneymaker won, when volume exploded. Sure, how much you like it depends on what type of trader you are because the game has changed, but look at GME with its...

Isn't there an implied diminishing return for mining where energy costs grow, the ledger size and complexity grows even faster, yet fewer and fewer coins are available to be mined? If true, the value of BTC has to (must) inflate to compensate miners, otherwise the whole thing would crash. BTC...

Thanks for the response. They may cater to those types of traders, but they sure don't coddle them or try hard to acquire them. I first tried moving to IB years ago so I could put the purchase of a house on margin. They treated me indifferently and I instead got offered an asset backed lending...

I'm a long time Schwab customer but started considering IB earlier this week, primarily frustrated with Schwab's ridiculous margin rates in current rate environment. I primarily trade like a hedge fund, always have short positions, do a lot of options trading. The problem is, the IB demo runs...

Sig, thanks for the quick response, with the volatility in the markets this week, I feel I need to start making some moves right away. Personal, not corp. You definitely saved me margin interest or giving myself a big "short sale loan" since I won't consider waiting until 2021 now. That year...

I'm leaving CA at end of September, cutting all ties, and moving to Nevada at end of September. I was planning on harvesting losses so my broker statement will show zero year to date income on my September statement. I am paying cash for a house in Nevada so I would need to cash out stock...

That's a mature, bilateral viewpoint. Despite being raised anti-communist myself, after travels to China and Vietnam this decade, there's definitely two sides to every coin. That being said, I'm still in favor of Hong Kong, Macau, Taiwan choosing their own path, and I'm 100% sure that path isn't...

Free Hong Kong. If you want to live under communist rule, that's your choice. Let Taiwan and Hong Kong decide for themselves.

How do you short 35,000 shares of something, then ask a question like this?

Did he have a butler?

Here's a good point and counterpoint from Seeking Alpha and a good education on order flow. https://seekingalpha.com/.../4205379-robinhood-making-millions-selling- millennial-customers-high-frequency-traders https://seekingalpha.com/article/4205761-robinhood-villain-made I think RH is great...

Don't sell yourself short because I think you summarized it perfectly. Some guy on CNBC said to take the money and run for CELG at 87 because he thinks another big pharm will bid on BMY to invalidate BMY's bid on CELG. That makes little sense to me. If big pharms want to block the...

Most brokers disclose their price improvement and order execution statistics. The improvements may not wipe out the commission completely, but these brokers usually provide data, back testing, advanced charting, reports and services that would cost you separately. I prefer to know I'm getting...

Thanks for that link. I was wondering what was causing this big arbitrage. I already own a large position in CELG and was thinking of collaring by shorting BMY, while also selling CELG puts in my IRA to get the bonus 20% added to that when it converted. BMY has a 3.5% dividend too, so don't...