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Anyone know what is included in the Optionshouse trading levels? I just received confirmation via email that my account is open with the following trading level: Your MARGIN account is approved for Trading Level 2 which includes: •Purchase stock, options, and mutual funds •Trade...

Its not hard to make $150/day trading a $20,000 account. It is hard to make $150/day trading a $2000 account (10%). If your goal is $150/day you are going to need a bigger account or be willing to take on a ton more risk (not advised unless this is just play/discretionary money for you). If I...

Ah!!! That was it. Thanks!

Can someone please tell me the VIX symbol on Optionshouse? I have tried everything and cannot seem to find it... Know it is a lame question.... :)

No updates for the last month...is the journey still alive?

If trading is your sole income...this might be right. My CPA has recommended a LLC or Partnership to help with my W2 earnings...i.e. being able to reduce my AGI. So ironically, if my CPA is giving good advice, it might be more benefical to create the pass through entity if you can justify the...

Anyone have any issues with speed of order execution with Optionshouse? Also, I keep reading lots of negative data concerning a three day settlement on Optionshouse trades that prevents many from executing additional trades based on the "wait" period. Can anyone shed light on this before I...

Apologies in advance if this is the wrong forum. In another topic I stated that I am opening a pro trading account per my CPAs advice. I am running into some issues understanding a topic he brought up...basis. He is essentially trying to reduce my tax year AGI through a trading entity and/or...

Thank you for all of the responses. One last question on this topic...Optionhouse. On the Optionhouse website, concerning pro traders, there is just a statement that says you will be charged $100.00/month for realtime quotes. I could not find any additional data on it. Does this include...

Holy smoke...I just did a quick compare on the data. To meet the "free" data individual traders get I would need the following: AMEX - $30.20/month NASDAQ Level I - $25/month NYSE Level I - $127.25/month I found a reference on the Schwab site to NASDAQ total view - which on the IB site is...

Would I need to do the same thing with TOS or OptionHouse? Or do they provide the live data for free? Anyone familiar with what data feeds at IB would be equivalent to the one data I am getting from Schwab on the Streetsmart platform?

I have setup a general partnership to trade through per my CPAs advice (has a lot to do with my W2 job and taxes...). I currently trade Calls/Puts/simple spreads through Schwab streetsmart and Jpmorgan (online and through advisor) and want to move. Streetsmart just isnt doing it for me and...