Recent content by TakeAChance

How high is very high. Will 3,000 contracts a month qualify? If not what will that size get , ballpark wise?

You will only be taxed at 2520, if those are the only transactions for the year. Wash sale rule has no effect since you have a net profit. And you will not be taxed at 35% but rather based on your tax bracket. Short-term capital gains are taxed as ordinary income.

If I have an account with a company that's front news like this, I will transfer my account no matter what they say. It's your money, take care of it. Don't be the last one out the door.

WHOIS Scalptrades.com details: Domain Name.......... scalptrades.com Creation Date........ 2005-04-20 Registration Date.... 2005-04-20 Expiry Date.......... 2006-04-20 Organisation Name.... Dean Mohamed Organisation Address. 82-35 country pointe circle Organisation Address...

That's a hell of a lot of yield. I guess every hedgie makes this big returns. Wonder who loses? Oh yeah, Bayou is one. :D

Patrick, I am your father. -Sith Lord

Man, you guys are tough. :D

Why aim for NSX or for that matter MB E55. Those are boring cars. How about an ENZO? Granted you'll have to work harder but since you're aiming high...

He projected good earnings and tied improved guidance to oil sector demand for their specialized machines. Then recommended to buy before the earnings. I was watching his TV 'outburst', that same time CAT started a rally in AH. The guy has viewers!

I thought that would be so one can slip past the squeezes done by MM's. :D

Well, brokers have kids going to college. They need all the help they can get.:D

Yep, program/blackbox trading would be the best for this kind of money. I thought Lefty (or was it EricP) has, like 30M BP for day trading? Dwarfs that 20M eh?

You don't need a billion to control a stock, but this certainly is doable. Just look at how RIMM was manipulated up prior to options expiry despite negative news released on the same day. You don't even have to use all your leverage to control it. Have you ever pushed a bid/ask by one cent...

Cause back then we know how to enjoy life. Kids these days, all they can think of is money. I remember then the challenge was how to get laid without having lots of money. :p

Are you suggesting profitable day traders are like Santa? :D