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There is no grandfathering of securities licenses. If you have not been registered with a member firm for 2 years, you must retake the exam. If a firm can get you grandfathered, they know some mighty powerful people at the CRD. Good luck.

If you're lefthanded, and use a mouse driven OES, tape a thumbtack with the point facing up, on your left mouse button. I've had many students do that, and it worked well for them and me. You'll think twice before you hit the mouse button, and you'll need the discipline to leave it there, and...

Marriage: Don't rush, and don't let anyone rush you Make sure you marry your best friend. Much better chance of staying together. If marrying a woman, look at the mother. If marrying a man, look at the father. Thats what you may have approx 20 years later. The total price of...

Great thread. You're absolutely correct, the "stable" is just as important as the "race". I have two "stables", one for scans, and another for compelling stocks. Rather than use scanning programs to find opportunities, I stick with these stocks. I'm comfortabel (not complacent) with these...

I began trading with one monitor, tried two monitors, and I'm back to one monitor. If I was successful with one monitor, what are 2,3 ro 4 monitors going to do. Yes, can see much more, however, I believe the more you look at the less you see. With that said, I must now minimize ET so I can go...

Couldn't have said it better myself, Tea. Smoke and mirrors, most of the retail chop shop bolier rooms had offices that should have been in "Architectural Digest".

I prefer Nasdaq equites: 1) Been trading them for a long time, and used to it. 2) Most transparent of any market. 3) Much more control of my orders. 4) Can trade with fractional pennies. Very important for chiseling when daytrading. 5) The core of my "stable" are Nasdaq, I know more about...

Great stuff.

You can go directly to NASD's site http://www.nasdr.com . Yes, the firm must be registered in the state where you trade. The costs to become registered (take the exams) will be somewhere in the range of $600, which does not include the study material. You can get the study material from...

Thanks, Candletrader.

You will not be able to go direct to a 3rd party lender. Such parties will only talk to B/Ds

Trade em as you see em!

Keep in mind that the number of daytraders declined because of the new PDT rule and definition.

All money deposited with any BD is first backed by the clear thru, and then SIPC is clear thru shuts down.

Thanks for that post. As we know, there are many other options.

There's alot of newsletters out there, and many of them are giving "no strings attached" trials.

Check out eSignal. I have worked pretty closely with the team over there. As Chuck mentioned, they have alliances with several broker dealers. Give it a look see.

Bear Stearns has also made this report available in it's entirety. I have not been able to find it on their site, but they will mail it to you if you call.

Another way that I have seen many traders go with buying a home: Get a "no income verification" loan. This will save you alot of aggravation, but you will pay points. Make sure that there are no penalties for paying off early, some banks will make you hold the loan with them for a year. Then...

LOL!! And capital diminishes with inexperience.