Lol. No train wrecks this morning that I saw. Looked pretty good to me.
You can't beat the system by hiding behind an entity. But the new JOBS act is totally rewriting the rules in terms of what non-accredited...
The point is to gain exemption from the investment adviser's act. Previously, the SEC allowed such an exemption for anyone with less than 15...
Tomorrow will be interesting! Glad pit will be open, even though I wasn't counting on it originally.
LLC. Limited liability issue aside, you don't have to give out your personal social security number when people start having you fill out a W9.
Yes. But spreads suck (not IBs fault, obviously).
So far at least, this is what I've done for almost 3 years now. I've never been challenged or had my numbers audited yet... but my third-party...
Not quite. I for one don't charge a management fee. Anything going to the salesman comes out of the tail, performance-only fees I take out end...
I would have that as: Jan: 1.16% Feb: 7.62% Mar: 6.96% Apr: -13.23% May: 15.37% You might want to double my math, especially on May.....
There's a link in my post to their website. It's the Chinese government body which handles foreign exchange... deciding how foreign currency...
This sounds like it would be up the alley for these guys I talked about last year: http://www.elitetrader.com/vb/showthread.php?threadid=214586...
Equity markets are FIFO on orders. This is why HFT play so many games with order cancellation. They want to be first-in at every price level......
The problem isn't if the person is a citizen of the PRC. The US certainly doesn't care. And the PRC doesn't care whether you have overseas...
No exemptions apply to you, even though you're just starting out? 1) Trade off-shore money only. 2) Trade non-securities.. like futures!...
I'd really love to be Barry Bonds, power and average. Of course, if there was such a thing as steroids in the fund management business......
I just lightened up my portfolio quite a bit after the moves this morning... so that gives me time to post musings, and get some feedback from...
No, and that's generally because (given enough time) peak -> trough numbers will look like what you see in month/month draw-down, anyways. This...
"USDA releases the monthly and quarterly reports at 7:30 a.m. CDT (1230 GMT), so the earlier open would give pit traders 10 minutes to review the...
I'm not sure how you differentiate between "gross" vs marked to market. Is the former supposed to exclude unrealized losses/gains? Seems like...
PM. The PM is the architect, the trader is his subcontractor.
Separate names with a comma.