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Any time the media can whack the dumb and often evil Hedge Fund Mgrs it makes good headlines. I know many traders in the physical energy market having the best years in a decade, and they rarely speak to media outlets.

Wow, I didn't know one could trademark a color. What, Crayola was asleep at the wheel? :D I did notice the "O" Very clever Matt!:thumbsup: G/L

Trump has lost control of the narrative. Law of diminishing returns hitting bigtime on Donnie's tweets. Option flows are pressing their bets in slow, summer, grinding grizzly day Could get very, very ugly. Like down 4-5% Bring it! :sneaky:

Cool place (as in seriously fuxxing creepy) to visit while in Prague is the Ossuary in the village of Sedlec. Otherwise known as "The Bone Church." https://www.atlasobscura.com/places/sedlec-ossuary Trippy!

Dumb-dumb-dumb-dumb! Jeebus H Christo, normally I'd say I cannot imagine something so stupid. But from uneducated, frightened little legislators seeking wedge issues on which to rally the rabble to re-elect them and place them back in their precious little seats of power from which they may...

You are correct. TCJA 2017, otherwise known as the Trump Tax cuts ushered in the change you're referring too. You should know better than to talk taxes on this site. Have to actually have income to create a tax liability. :sneaky: Tax Cuts and Jobs Act (TCJA) 2017 is really quite insidious on...

I keep refreshing thinking this article is from 2003. Certainly, the days are long gone when firms like First Options & Spear Leeds had virtually unlimited credit lines to be there to make deep, liquid markets. Both of those firms got folded into Goldman Sachs Executive Clearing, who then...

$USD/CNH = Offshore Spot - Freely traded in Singapore, London, Lux...etc. $7.0891 as of 11:30pm PST. $USD/CHY = OnShore Spot -- official set today $6.9110 Unaware of any CHY Future mrkt. But, no idea why people would think Bejing would seriously try to defend the range of their self-imposed...

This is a good resource to familiarize w/Options risks. Learn the TIMS model. Perhaps the STANS model too if you're gonna Cross-Margin. Download their .xls file, play with it, changed it, customize it...etc. At least you'll know whether your broker is going by OCC or using their own risk...

TraderSV...wouldn't stand for Trader "Satoshi's Vision," would it? Bitcoin SV -- Craig Wright's (faketoshi) cockamamie scam scheme, which is a fork (BSV) of a fork (BCH) of Bitcoin (BTC).

Ledger Nano S here. I'm using Binance for now. Though since they no longer service US citizens as of September I'm on the lookout for alternatives. Gotta watch out for fees, stated and otherwise. Some of these exchanges, even US-based exchanges will fee people to death if they aren't careful...

LOL!!!! Dude that is :strong:! Can't believe you've got a SAW sitting on your kitchen table. You've really embraced the Great State's love for Class 3 Weps. Good on you on man! We may be back in the hood at some point soon. You know who is bugging me to get back there.

Chinese capital flight is showing up in $BTC right now too. Just in the last few days $BTC/USD has increased by about 15% or $1600 ~ $10,900 on Coinbase Pro as I write this Those who can't get their money out of any regime due to capital controls will always find some way to circumvent...

You're likely smart enough to know that you're gonna have to scale up a TON to replace your tax-adjusted income (large curve). Of course, when you do your returns are gonna come WAY WAY down, assuming they're still positive after all-in costs, from your penny-ante test run. (my guess is most...

Agree. One of the few fears I have. Class warfare that spins outta control. If it does gain serious traction in the U.S to point where it begins to affect my life I'll be hauling my narrow arse somewhere else. I started preparing for this since Clinton was in office. I never wanted to be...

This "Tobin Tax" idea has been circling the beltway in left-wing think tanks since 1972. It's currently DOA. Who knows what may happen in the future. Though, as has been rightly pointed out in this thread, if ever enacted it would massively drain liquidity from the currently organized U.S...

Yep. Though, even 25 is so well telegraphed I can't see it any other way. Three possibilities likely the same outcome. Not bad, just a skinned knee, perhaps a quick face-plant. Then up and off to the northeast. Powell is a pretty calm cat too. Plain language, cool demeanor. Nice...

It's all a function of feedback loops and iterations and time. Sometimes lot's and lot's of time.:) But, intuition is cool too. Often easier and quicker than correct analysis.

Read the letter, not the book. I like it. It's a very good idea to be able to capture, reward and benefit from the gig-econ. Tax relief for secondary or independent income is likely the best possible incentive to boost local GDP, at least the best workable incentive in the modern political...

You mean this guy? Apparently, he's CFA #600something of billions & billions now worldwide (all taught the same graham & dodd stuff that works every 7-10 yrs at cycle lows). Same nonsense force-fed into every b-school student's head. [As an aside: Salomon Bros Sales & Trading '90 class...