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For years I had struggled to make a living from trading. About seven years ago, I luckily found and joined the Denver Trading Group. For $60 at that time per year, we had seminars, meetings, etc.. with the best traders in the world stopping by. Since many of them were in Denver to 1) ski 2)...

Having 4 accts with IB, they aren't too bad. Problem is technical desk, is a hit and a miss. No one seems to be able to answer why I have discrepancy's with three data streams and IB's that is never correct, or at least in unison with the others, 8-12cents makes a difference. Also, refresh...

I used to listen to CNBC, mainly as background noise while trading. I was captivated by the humor, comedy and total outrageous recommendations by the pundits of the day. I want to thank CNBC for early morning workouts where listening to OBAMA Allah and sycophantic musings of most of the...

I also heard the dog and pony show yesterday. What was surprising is my invitation came from SFO, and normally most readers don't need Futures101 for the first 1/2 hour since they are quite atuned to Futures. Secondly, disappointed with the tacit approval of Ninja, since I have Ninja and have...

I don't recall in the announcement how they first wiped out stockholders equity, and secondly treated the bond holders the same. I have never purchased GM, and I will not start now.

IB will supply you with schedule D /D1 without a problem, actually I dowloaded directly to Turbo Tax. My problem is using Penson/MB, and I have MB trying to work out the details. The download from Penson to Turbo Tax was incomplete without Date Acquired and Amount Purchased or basis. It has...

Problem is 4 pages of D & D1 information with 2 minor accts with MB/Penson Financial Services. Getting incomplete electronic 1099 without DATE purchased and Total Amount Purchased. Trying to import information to Turbo Tax: Options are to go directly to Penson which is the only option, since...

Buy two computers, it doesn't matter what speed, your data will only bog down the system. Yes you can add more memory, yes faster video card but in the long run two computers will be better and less problem backing up. I am in the process of building my second trading computer, due to...

Since last entry 3/15 does this mean this is over. I am looking for a chat group of like minded individuals for support, advise, and above all to drown out the noise of CNBC, etc.. Looking at 4 screens all day, plus the occasional cigar still makes for a long day and trying to keep sanity plus...

As an FYI, I trade for a living, I am running 4 IB accts, 3 MB accts, 1 futures, yada yada, etc.. bottom line, use two computers, I don't care how fast, the great warranty, this and that, specs bla bla. All it takes is one problem and if your down, you lose whatever cost saving you have had ...

Ib has various 3rd party chart vendors. I have used ensign, although has its share of problems, but I find the learning curve for another system, too much to hassle with. I have used various programs with both equities and futures, and settled with ensign for real time and telechart for EOD...

IB is the way to go, although you will need a realtime charting package. Since I use ensign, the only problem is data will only handle up to 100 symbols comfortably. This is a slight problem and can be modified within ensign. Actually I am surprised no one has mentioned that IB has eliminated...

Unsure from the thread if you are talking about HR1068, which will effect all of us. The 1/4% tax on all $$$ transactions will limit trading, lower the thin margins we presently have. I trade easily $100K per day, expecting 2-6% based on 3x ETF's, $100K trading which is fairly easy ...

Taxes isn't a problem with IRA's. In the past I had "trader status" and considering going back for the brokerage accounts.

As an FYI, find something that is comfortable, and very much dependent on your discount broker especially without T+3. I trade the 3x ETF's, and SRS, EEV, SDS, etc.. I trade FAS/FAZ at $10K per trade with 1 minute chart, fibs, 8-10 period moving average, RSI. Next to FAS/FAZ I have Nasd, SPX...

He is probably asking this question since many of us are getting K-1's in early March, mid March, and today. Actual LTD (tax shelters, and PIGS Passive Income generators) partnerships have been coming in late Feb early March. Just because its an ETF , doesnt mean it isn't an actively traded...

This will kill all traders livelyhood, and retirement funds will become stagnant. The buy and hold group that have losses of 30-40% a year are now able to mitigate there losses with subpar performance. For a small trader like myself, profits and margins are slim, and it is easy to trade $100K...

I am posting a reply ,only since I am considered a junior member, haven't had too many opportunities to contribute to threads. Unfortunately, as a junior member, I can't rate IB (which I have used and still use for the last 7 years, or MB (for the last 4 years) or go back to Schwab, Harris...

Stock Trad3r, Are you getting your information from kiplinger, CNBC, or Money Magazine. Duh, inflation isn't a factor, What do you think will happen, oh Im sorry the dollar is backed by the full faith of the US Govt, everything is okay. I consider myself smart, educated and lucky to be...

I expect the DOW to be @ 14K by late 2009, off course at the same time, plan to pay $10 for small fries, hotdog, and small drink, and not in Manhattan. Everything will go up as an adjustment to inflation, so why shouln'd the DOW & S&P.