Recent content by Josef K

I haven't used IB, however there are plenty of threads about them that you could find using the search function. I used Scottrade a long time ago and their platform wasn't great. You might want to check out thinkorswim. Very good platform and I believe they still have a per share commission...

Not true. Some of us have: http://www.elitetrader.com/et/index.php?threads/why-is-the-obvious-not-so-obvious.151802/page-354#post-3793977

That's not correct. You are limited to three round trips total in any period of five trading days. The limit is not three day trades per security, it's three day trades overall. So if you have a margin account and you make four or more day trades during a span of five trading days, you'll be...

You are correct that the $25,000 rule does not apply to cash accounts. However, you need to make sure that you don't use more than your starting day trading buying power on any given day and that you don't engage in freeriding. See this SEC notice...

Marketsurfer lives! Glad to see that you're still with us, Surf, I was afraid that the mods had killed you off for good this time. I didn't know that you had returned with a new nic. By the way, fantastic call! Even better than your DJIA top call back in May!

Yeah, move to the U.K., where the kids will be white and civilized and never commit a crime like this. http://www.huffingtonpost.co.uk/2013/04/15/teenagers-homeless-man-sentenced_n_3084307.html This thread is probably the most blatant, stupid, ugly outpouring of self-serving, right-wing...

Incription? Really, Mr. Journalist?

<iframe width="420" height="315" src="//www.youtube.com/embed/Gbfnh1oVTk0" frameborder="0" allowfullscreen></iframe> http://en.wikipedia.org/wiki/Rocket_88

Yes, as I said, the options will be exercised unless you instruct your broker not to exercise them. Depending on who your broker is, you'd need to call them, or send them an email message, or use some platform feature in order to inform them that you don't want a particular position exercised...

Exactly. If you buy options, your risk is just what you paid for the options. By keeping your dollar amount risked the same as what you'd be willing to lose by buying the underlying, the risk is the same. There's one important exception to this. Options that are in the money at expiration are...

I'm pretty sure EqtTrdr was joking here, folks. http://www.elitetrader.com/vb/showthread.php?threadid=10172

Study a foreign language, practice playing guitar, research the markets, exercise, meditate, whatever it is that you'd like to do and could do while still keeping an eye on your charts.

Get into endless arguments with marketsurfer. Or maybe not.

Thank you, piezoe, it's always nice receiving a compliment that sounds like it was written by me!

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