Recent content by JORGE

I understand their desire to protect people from fills away from the market, but no excuse for IB's failure to recognize the current market on a highly liquid stock in the extended hours. I know nothing about programming, but doesn't seem like it would be too difficult to fix this with a few...

I was trading VRTX aftermarket and I was able to put out a short around 80 , but then the system wouldn't let me cover. Was on the phone with IB for over an hour before I was finally able to enter a trade to cover. NFLX was pre-market. I've been trading gaps in the extended hours through IB...

I had the same problem with VRTX two weeks ago, NFLX last week and NTE this morning. I expressed my frustration with IB this morning on their inability to take care of this problem. Was not given a satisfactory explanation and informed that I will continue to have this problem with stocks...

I can assure you that no one posting on an internet message board shorted 12,000 shrs of a stock with only 3 million shrs outstanding. It is usually next to impossible to get a locate with these small float high fliers. I trade through IB and have a backup account with Ameritrade, I can...

$12 Million rev run rate, but they can now manufacture their syringes in the US instead of China. Definitely makes UNIS worth $500 million.

I was asking for this information earlier, as I believe it could open Cramer's eyes and force him to speak out strongly against the tax. If you subscribe to his "Action Alerts" he claims to post every trade. Judging from his comments I would guess he turns over his portfolio at least 5 times a...

Are there any "Action Alerts" subscribers here who could give us the turnover in Cramer's portfolio? It would help to show him how this would impact his performance.

If you are a MTM trader you report your gain/loss on Form 4797, not Sched D. If you report income on Sched D they will come after you for SE tax.

Most of the trades I make are very short term and not scalable to more than a few thousand shares. There is no way I could make the same types of returns managing a fund. I also can't stand the idea of being accountable to anyone but myself. I could go through a prop shop and pay less in...

I have no need to be a "trading god," just letting people know that you can make a living at trading. There are people on the P/L thread who do much better than I. I trade equities with news driven volatility, about 200,000 shrs a day, 500-2000 shrs at a time. I rarely hold overnight. I...

I never said this is success, just making a progressively better living. If you look at the numbers I have plowed less than 10% of total profits back into the account, leaving me plenty of money to live on.

Results of a retail trader using IB, sweep profits couple times a month. Yr. Starting cap. Profit 02 35k 61k 03 28k 47k 04 29k 39k 05 28k...

You can not open new postitions on the GM options, closing trades only.

Was thinking the same thing, if Cramer and CNBC would have explained in detail how the banks were a house of cards, they would have been accused of taking down the whole system. I remember Cramer facing lawsuits and investigations the couple times he strongly urged people to sell a stock...

Stupidest thing ever, but changing my occupation from trader to investor actually helped, even though I have never held anything longer than a week. I also had to write a letter to the lender explaining what I do.