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Human nature. I try to think about stops like this imaginary scenaro: Your back in college, the professor writes your trade (entry) on the board ... Then he pops a quiz to his 100 students and asks them: "where do you put your stop?" He gathers the results and finds out that the...

Agreed. Like TASR. The best time to short is after it starts to consistently decline over time. (and when everybody stops talking about it ... keep holding your short all the way down.) No need to try and catch the top. Unlike TASR. Google trades many options. Looking at a few options...

You can trade Single Stock Futures electronically on a subset of equities that have high volume. This will get you 5:1 leverage on some individual equities (IB trades these). (the bid/ask moves nicely with the underlying even though there are few trades). Each contract is 100 shares. And...

5:50pm 10/20/05 [RFXQ] INTERACTIVE BROKERS GROUP BIDS FOR REFCO'S FUTURES BUSINESS ... just crossing. Bid was submitted last night.

I opened a Friends and Family account with IB w years ago with the same thinking (at the time I had 4 IB accounts). Unfortunately, at that time, the FFA account did not have the same capabilities as the Individual account. That was surprising then. So I closed down the FFA and setup...

http://www2.barchart.com/mktcom.asp?code=BSTK Here is a pretty good list of most of the US futures contracts. IB trades all the E-minis ... and most of the electronic ones (E). The volumes/open interest are posted and by clicking on a contract you will see all the front months/volume...

Technically, you are down 1.5 pips off the bat. Down another 1.5 pips when you close the position.

A few questions: 1. As an analyst, are you Fundamental, Technical, or other? What is your framework? 2. Why December? Are you graduating early? or late? 3. Why not an MBA?

Maybe you would want to buy a mutual fund? ... or a small cap stock? ... or a non-electronically traded bonds? ... some CDs? But, I agree with you that IB offers a very compelling IRA account (futures) and a very nice management fee ($0 or $120/year max).

You elected to declare yourself to the IRS as a "trader" (not the other way around?). Why?, so you can expense $250/month? ($3k/year)? plus what, another 2k for seminars, etc..? $5k / year? $10k /year? What am I missing? Have you done the math? By flowing the expenses thru your Schedule C...

You just lost ALL credibility.

I think trading is more like baseball. Batting more than 500 is unrealistic, but if you can bat 350 (35%) and drive in some runs when you finally connect or get a rally going ... you can do well. When you make an out, just try not to hit into a double or triple play. In golf, to put a good...

Trading is not a business. Unless someone is paying you to trade or you collect fees from a 3rd party. It is investment income as long as it is your own money. Go to town trading your IRA ... all you will get is 1099 form that is not reported to the IRS by your broker at the end of the...

MSFT versus Nasdaq 100 versus SP500

From these charts it appears MSFT was not a clear short n cover on Mon or Tue (maybe Wed). It appears MSFT just traded with the market (Nasdaq 100 & SP500) until Friday about an hour after open - then it deviated.

One way to quantify the average risk you would incurr on "day trading" AMAT or MSFT yesterday would be to use the ATR or Average Trading Range of that stock and multiply that by your position size. In your case, the ATR for MSFT has been hanging around 0.32 and for AMAT 0.34, lets use a 0.33...

The car is deductable for the portion used for business (rarely 100% unless you have more cars then drivers in your family). Even if the company bought it 100% ... you would still have to show 100% business use in an audit. Lets try an not think about the A word. ... but overall, I see...

What is the business purpose (SIC code) of your C corp? ... the IRS could make an argument that it is/was an unlawful tax shelter ... especially if it has no sales, has paid no payroll, and can not demonstrate business activity to justify the expenses. Also, on the car owned by the C corp ...

"In February 2000, hedge-fund manager James J. Cramer proclaimed that Internet-related companies 'are the only ones worth owning right now.' These 'winners of the new world', as he called them, 'are the only ones that are going higher consistently in good days and bad.' Cramer even took a...

Very curious ... Do you have any returns for the world's largest Hedge www.deshaw.com ($17B) ... ? Or the world's largest technology only hedge fund? www.galleongrp.com (maybe > $10B) ...? ... thanx in advance dan