Recent content by bent_prop

  1. B

    Best Brokers for IRA Accounts

    I busted my ass to sock away money in my Roth IRA over the years and now it's significant enough that I would like to trade it more aggresively. Transactions in an IRA are not taxable and there is no IRS accounting requirement BS - Nirvana! Problem is, many brokers require the most draconian...
  2. B

    Margin IRA?

    I think that the reason most people (including myself) are reluctant to go with IB is due to the trading minimums fees and other gotcha IB policies. I don't blame IB, it's their puppy, their business model, but it's not something I want to make a commitment to in an account that can...
  3. B

    Margin IRA?

    I've been really frustrated with the common 3 day wait so I looked it up in the SEC regs. (you know, it's all online now) What I found out was that its up to broker discretion wheather they require settlement. The SEC says the broker may extend the buying power prior to settlement if "it is...
  4. B

    Margin IRA?

    Any Brokers besides IB that don't require the 3 day settlement before buying power appears? IB is the only one I know of.
  5. B

    Retooling

    I've looked into TickQuest/Neoticker and they have a great deal for end of day. Have any of you worked with or checked out Wealth-Lab?
  6. B

    Retooling

    Greetings, I'm retooling for position trading and I'm looking for software that is really good with multiple time frames. Easy and quick to choose both intra and inter day time frames and good integration of historical and intraday data. I would also like the trendlines to be constant thru...
  7. B

    Assent Conversions?

    Those eminies are lookin better all the time!:D
  8. B

    Assent Conversions?

    I certainly hope something happens, but it's been my misfortune to mix hope and trading. I think it could be an easy argument to remove the uptick rule from issues that have SSF's as futures actions would certainly influence the cash market for these issues. Well, for the rest of them, who...
  9. B

    Assent Conversions?

    I doubt we will see much of any evolution in rules this year or possibly even next. This appears to be a tight political contest and no one (administrators) wishes to make any mistakes. Change will only come with dominant leadership. :(
  10. B

    Assent Conversions?

    The real problem is the uptick rule itself! This is just small minded protectionism and contributes to the creation of valuation bubbles and excuciatingly slow corrections. It's easily defeated with simultaneous long (uptick) buy followed by the short. So it's a joke! It may have been...
  11. B

    Assent Conversions?

    Single stock futures are another possibility. Maybe this is the SEC's objective. Push the traders out of equities. SSF have a little better margin, but the commissions are a little higher than Equities @ IB, but with the new bulk pricing, I duno?
  12. B

    A few reasons why I am shorting this bounce

    I smell a cat fight....
Back
Top