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I am at Coastal for 7 months now. So far I am very happy with the level of service that I have received. As for thier website I kind of like that it is not filled with all the BS fluff you see on most websites saying the same old stuff. It may be basic but I like basic. I opened my account...

I trade with Coastal as well. I have had no complaints so far. Rates are very competitive especially if you are a remote trader. They use Light Speed and Sterling platforms currently and are looking to add a few more as well. They are a relatively new BD but all the guys involved with...

One of the common themes of successful traders is that they are patient and wait for set-ups to occur. Then they take advantage. Many traders don’t reach professional levels because they overtrade. They feel the more they trade, the more chances they will have to make money. This is false...

NAZ is correct. You don't have the bio for a day trader. Focus your attention on learning a swing trading system. Swing trading can be done entirely on end of day closing prices allowing you to fucus on your "guarenteed" paying income job. Daytrading is a harder bizz and you need to be...

Just caught this thread tonight and read up on all the posts. Bentedges is dead on with what he has posted. This strategy is not for hitting home runs but it does grind out profits. The ETF strategy does beat the market over the long term while only putting your money in the market for...

thanks I-Bill. I have heard good things about Amibroker. I guess I am just trying to find the software that is most cost effective for what I want to do ( which I would think is relatively simple since everything is closing prices) Thanks.

Anyone know a BD that has a good Bond inventory? I am a prop stock trader but buy some bonds for my IRA accounts through Ameritrade. I was thinking that someone out there has to specialize in Bonds with better inventories. Thanks in advance.

I agree. EricP has a good suggestion. And I disagree with the 1$/mnth/ logon. That won't stop brokers who pose as traders but I could be wrong.

LOL:D

I am looking for a good stock scanner to identify stocks by multi period RSI and SMAs. if I could also scan for "x" number of down days in a row that would be a big plus. I only require my scan for closing daily prices not intra day ticks. I am not currently looking to automate just to...

No Prop (daytrading) firm offers healthcare (that I know off). And I have worked at several shops. They prefer to take the money your commissions generate and buy benefits for everyone in the back office and management. I always found it ironic that the "traders" whom bring in all of the...

If you have $25K and need 100k total to trade why don't you just open a prop account and get the added leverage? (unless of course you don't plan on doing this full time) -RT

Anyone trading actively in a retail or prop account in KC? I am thinking of a trading floor (maybe on the Plaza, downtown KC,or PL district) if I have a few more interested traders. I already have a BD and trading platforms in line. Let me know if anyone else is interested.

I trade with Coastal Trade Securities. Ratio Trader- I have also heard very good things about NINJA for the average "lower" frequency, retail, algorithmic trader. For more sophisticated, quant, high frequncy boxes, you would have to build your own infrastructure. For the low...

I traded on Anvil for 6 years. LS is almost exactly the same. I had allot of problems with anvil vpn. And Anvil often had crossed qoutes. I like LightSpeed MUCH better for remote trading. You can filter out all the crossed (bad) qoutes And there customer service from LS is MUCH better as...

I have acces to both Sterling and LightSpeed. I don't particularly like sterling but if it gets the job done for you it's about .0005/shr cheaper to execute trades.(for me anyway) I love and use LS for most of my trading. It's a great platform. I trade remotely from home office and I never...

LOL :D

Another thing to keep in mind is that the best traders ARE profesional gamblers. They look for an edge and capitilize on it when an opportunity presents itself. Same as a card counter does in black jack. The key is to place your bigger bets when you have that edge. Professionals Traders...

I agree w TRYKtrader. There are allot of disgruntled "piker" traders in these forums. Daytrading is a very hard business. 90% of those who try it fail. With that said it is a great business for those that know what they are doing and execute discipline in thier trading and do not let emotion...

I agree. "Plan your trade then trade your plan" and don't trade if you don't have an edge. If you do then trade it and be disciplined with your risk management and asset allocation. Stay consistant. You can be right 9/10 times but if you go BIG on the one that is wrong you can wipe out...