Recent content by jlancaster

You may want to do more due diligence on deepdiscounttrading. I've never traded with them but you may want to take a look at more credible brokers who have been around for a longer time? Just my opinion. I've traded with IB and Cannon Trading. IB is pretty big and I know they do a good job...

PFG customers have only received a portion of there funds after PFG's fall. But I believe after PFG fiasco, the NFA has gotten a lot more strict where now the NFA has access to the FCM's online banking...The owner of PFG doctored bank statements when they were audited.

Wow those are some really horrendous experiences. Why haven't you reported any of these brokers to the NFA or SEC or FINRA even?

Many futures brokers do not charge an "overnight fee" but they may charge a margin deficit fee if you do not have enough in your balance to carry the position overnight. You may want to call different brokers to see what their policy is.

@Brennan Ross What are you looking to trade? You have to be more specific. Stocks, ETFs, Futures/commodities? All US brokers and pretty different and provide different services and platforms.

@kuhnbt Hi there! I'm not sure if you're also looking for a broker who houses both stocks and futures accounts because both TD and IB do but you may want to look for a broker who only specializes in futures. I've been trading with Cannon Trading for more than a few years now and I know they...

I definitely agree. Hone in on one specific sector and put time there into learning about the different markets, how they move, what factors affect them etc.

Since I've been trading, I dabbled with selling options as well. Didn't stick with it though. But I did sell options with Cannon Trading my current broker. They are very accommodative with margins, information and the platform I use was easy to sell options.

I have a decent size account and for "staying in the game" I keep a daily loss limit and profit target in mind. Because trading is not my full time gig I usually use the ratio of 10% account risk for 17% return. Ive seen some guys trade for ticks here and there but why even entertain trading if...

Wow this thread really got to a new level. CBC, I've had an account with Open E Cry before Gain bought them out. And although Gain is a bigger company than of course Open E Cry, I still think that they do a great job processing requests. I responded to this thread initially because Cannon...

YES I 100% agree. No trade is better than a bad trade. If the trade doesn't feel right, don't take it and move on from there.

Yup, my friend uses CQG Q Trader and I've been thinking of making a switch. You can trade exchange traded spreads on the DOM and you can chart them. CQG Q Trader is a really a great platform for a low cost.

Unfortunately you can't catch all the good trades. Journal it and move on to the next trade :)

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. –Warren Buffett

I find it difficult to find all in commissions when looking at different introducing brokers websites. When I say all in I mean including all fees, exchange fees and clearing costs. I know when brokers advertise .49 a side, it doesn't mean the bottom line though. Can I ask what the average or...