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    IB new forex spreads

    I think you mean a 1 pip spread. No spread means the bid and the ask are at the same price. Of course, this would automatically trigger a trade that would eliminate the "no spread" situation. The only time a 0 pip spread could happen is on a system with more than one level of credit...
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    IB new forex spreads

    London closes at 11am EDT. Cheers, TRADERguy
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    Attn: Wall-mart Shoppers

    To be the devil's advocate, Wal-Mart sales can go up when the public's discretionary income decreases. I was at the Sam's Club gas station Wednesday of last week at lunchtime and the wait was half an hour as the fuel prices were $.40 to .60 per gallon cheaper than other places in my area. And...
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    Will the FED Stop(or Pause) Raising Rates on the 29th Sept ?

    They will raise .25 again. They will want to signal an end to rate hikes before they do it. We may get some change in language but I doubt they will even signal a halt. Basically the hit to GDP is offset by the inflationary pressures of higher fuel prices. Also, the biggest economic sectors...
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    IB Downtime

    I guess I spoke too soon: I am showing bids higher than asks on book trader for the Euro on Globex (6E). The main window and the charts are showing the correct data.
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    IB Downtime

    It's working finally: IB TWS Bulletin Board 21:41:36 To GLOBEX traders: Sun Sep 4 21:41:35 2005 EST Resolution: GLOBEX market data is once again available.
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    Trading for a Low-Paying Living

    Sorry if the following point has already been addressed (I've only read pages 1 & 20 of this thread): at least for those that trade futures (not sure about the tax consequences in stock trading), those of us that plan on making a profit would never elect mark-to-market because it is...
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    IB Suggestions & Improvements

    Book trader needs more functionality; IB programers should take a look at the X-Trader MD Trader http://www.tradingtechnologies.com/xtrader.asp. We should be able to change the order size with the mouse and not have to use the keyboard. Cumulative daily volume is nice as is the ability place a...
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    Is there anybody here from France ?

    http://www.monte-carlo.mc/principalitymonaco/invest/tax_system_invest.html Individuals Persons residing in Monaco (except French nationals) do not pay tax on income, on betterment or on capital. For French nationals, two distinct categories exist : - French nationals who can prove that...
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    Is there anybody here from France ?

    There is tax and various fees when purchasing property but there are no annual property taxes. http://www.draffimmo.com/en/index.html Click "information" at the top http://www.monte-carlo.mc/principalitymonaco/invest/tax_system_invest.html
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    application for ib

    I have read one post where someone has said he was turned down by IB because he stated that he had less than 100 trades (it could have been 200 but I don't think so). I'm fairly sure that that post was on trade to win, not ET. Generally speaking, brokers are just covering themselves legally by...
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    Hit Bids, Lift Offers, or Work the que?

    dhale75, What contract(s) do you trade and how do you trade it (do you pick levels where you think it will reverse or do you read the order book to know where the next tic is going to print)? Cheers, TRADERguy
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    Matrox just announced a great card...

    Here are the specs for the Matrox product line-up (2nd page): http://www.matrox.com/mga/corp/products/pdf/lineup.pdf Cheers, TRADERguy
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    2-line corded/cordless phone with speakerphone

    I have a similar Panasonic phone (different model number) and I quickly found out it has a huge design flaw: there is no way to turn off the ringer. Make sure that the the model you are looking at does not have the same problem. Cheers, TRADERguy
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    Japan interventions in currency markets

    Also a couple of years ago the BOJ figured out that they get more for their intervention Yen spent (think bang for the buck, but from their point of view) during periods of Yen weakness than trying to fight Yen strength. Cheers, TRADERguy
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    Japan interventions in currency markets

    The Japanese economy is still export driven. The manufacturers may have been "counting" on 103-104, but that was just a reflection of the forward rates. A couple of years ago the exporting sector was screaming bloody murder when the Yen strengthened towards (dropped to almost) 115. The...
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    Good Tax Accountant

    I second the vote for Lenny. Cheers, TRADERguy
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    to corporate daytraders or to independent with tight pockets...

    http://www.elitetrader.com/vb/misc.php?s=&action=bbcode Cheers, TRADERguy
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    Refco/Mac Futures typical deals?

    They pay monthly and if you are in a fix you can get a check cut quicker. When I was there the amount you were required to keep in your account depended on how much you were trusted; management has changed so I would find out the policy from someone who currently works there. Cheers...
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    Trading for a living

    $75K is not a lot to start out with if your currently making $250K. You might think about sticking with the job for another year or two and saving an additional $100K-$200K. At least you would be able to see the light at the end of the tunnel which might make it easier to put up with the...
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