Recent content by NewTrader

I don't understand these. I thought you need to have at least $25K in account to do the day trading, no matter that you trade underlines or options. I use IB. What brokerage you use? Thanks.

Thank you all, anyway.

I was a salary employee before I started full time day trading years ago. I live in a very small town, where I really can't find a CPA or TAX specialist who is familiar with active trader' report using form 4797. I researched and read a lot about tax report. practically I still have a lot...

After equity trading one and half years, I started trading call options four months ago. Now I have one third of my portfolio in long calls, of which half are bank of America (BAC), expiring from Jan. 2010 to Jan. 2011. Now all my call options are in their all time low. I definitely...

Thank you very much!!!!

Anyone know why SDS suddenly drop to 75.6 in premarket this Morning?

Does anyone in ET subscribe IDAYO and really making 50% a year constantly? Thanks.

Is FSLR a buy today? Deutsche Bank downgraded it a few days ago.

So is Citi bank sell or hold? Thank.s

This is what I am afraid of. First, I won't sell in this market low if I owned BAC instead of Citi. I will still sell BAC in the next one or two rally, as I am convinced that bank stocks have long way to go down before recovered. However, I won't sell BAC if it is keeping going down...

First, I know I make a big mistake of holding 45% of my portfolio in Citi. I am now trying to do my best to minimum the cost of my mistakes. No I am not thinking about making my money back quickly, I am only thinking of preserving my capital, and not losing another 20% or more. When I...

Goldman Sachs has "convinced sell" on it. My average cost of Citi is $17.5 If Citi has really reached it's bottom, then of course I would buy covered calls. I really can't bear even just another 20% down, not mention it can go under $6 with government's bailout. Comparing Citi's Friday...