Recent content by nic05

I don't really know the answer to your question, but I think there are a lot of daytraders on ET in similar positions. If shorting was banned altogether, I think many of us would be getting out our resumes. But I think that is pretty unlikely, at least on a permanent basis. A whole lot of...

A lot of traders are paying high fees like this every month, but if you are only taking home $24k net on gross $264k there is definitely something wrong with the deal you are getting or you need a new strategy.

I pay 0.00015 commision to my firm which is usually around $2k a month. I generally have another $18k+ in fees as well. My fees are extremely high because I make a lot of small trades every day, and punching in and out a lot = high fees. Overall, I pay in fees about as much or more than I make...

Totally agree with everything Bespoke said...there are prop firms that will let you trade remotely but most want to know that you have some experience or someone is willing to mentor you. I work for world trade and trade remotely, but my office generally prefers traders to come in. In my case...

Thanks risktaker!

Thanks for the quick reply Kinar ...that makes sense about the upload, but wouldn't the download then suffer? Could I be noticing such a major diffence in speed here simply because I am out East?

My office is replacing the business cable line with a dedicated service line due to speed issues. I typically get about 6000-8000 kb/s down and 400-600 kb/s up there, but that doesnt seem to be enough and orders seem to go in very slow/slow quotes etc. I know it is the internet and not just the...

newly listed stocks (similar to the NYSE euronext IPO showcase page) ?

I think women are generally better suited to trading in a lot of ways or at least just as capable as men. I've been trading for three years and I've only met two or three other women traders during that time. I would say that that the ones I have met, and myself for that matter, tend to be a lot...

Im with WTS but I work out of a branch not on a mini card. They haven't changed our fees at all and I have been quite satisfied with the company, as was the OP in previous posts. The mini account fee wasn't nearly that high a few months ago, so if it is true, hopefully the OP and his fellow...

I know the new rule came into play today, but I thought only about 19 big firms would be affected. Today I couldn't short half of the stocks I normally do like URI for etc. Anyone know why? http://www.nypost.com/seven/07192008/business/sec_eases_short_rule_120574.htm

"Hey, this is just an open ended question to everyone who's been kind enough to respond to my thread. When you guys first started or if you are just starting, did you have sweaty twitchy fingers when you switched to the live deal? I look at my hand and it's sweaty and twitching, and I came close...