Recent content by sectrader

Hi, I am trying to go with prop firm, but process is long, convoluted, but moreover they will see my trades with them and likely monitor trades with other brokers. I am somehow afraid of somebody in prop firm to study my trades and follow my system. I've survived with 2 retail firms, but my...

I need more than 2:1 for overnight positions. And it is limited at all brokers by Regulation T.

I am looking for a higher margin than Reg T. I now understand that prop firms have capital which they can provide for traders. I am established trader - don't need training, mentors, etc. I am basically looking for the way to somehow get bigger loan than Reg T. Prop firm look like a...

I was offered margin 6:1 or even 8:1. Till now I've had only Reg T margin 2:1. I've heard about portfolio margin which is coming or already available but I thought that it's not much above current Reg T. Have you heard about brokers offering substantially higher than Reg T margin? Can you name...

NYSE specialist fees go down? I had seen some brokerages that had increased NYSE transaction prices or had fees for NYSE GTC orders. But look like new NYSE fees are not that expensive: Transaction fees on NYSE-listed equities will be based on a fixed rate of 0.00025 per share rather than the...

"You only have to pay a paltry $3.50 per stock trade after 40 trades a month, up to 10 trades a day." What happens after 10 trades? $3.50/10 new trades? Or do you hit day limit and no more trades?

Yes, I bought on 2 occasions shares sold from corporation. Total amount of shares involved less than 200. So, you think that this was actual reason for freezing and than closing account?

I was with this broker 4.5 years. Generated tons of commissions and interest payments.

Hi, Here is the situation. I recieved email from broker compliance dept. to explain minor infraction. Problem was related to small amount of money and shares and was related to my very small unintentional error (one of my accounts bought very small number of shares the same time as other...

NYSE stocks. So far I found Cybertrader looking best. Most of people agree? Other choices? Can I try Cybertrader software before money start coming in?