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What is the exact date that the new SEC rule goes into effect? Beginning of Sept? End of Sept? I've heard that Sept. 28th is the exact date. Is this right?

Thanks a lot Def, Hopefully you're right about BEST. That would be awesome! I guess we'll find out next Monday. Keep us posted if you learn anything new regarding this.

Def, (or anyone else who knows) I have a quick question. You said in your post: "SuperSoes will be the NASDAQ's primary order routing system". Currently on IB's TWS screen, when you enter a stock and pick the order route, you can either choose soes or nasdaq (among others). How will...

My .02 cents, IB has literally saved my trading career. Fast executions and cheap commissions were what took me from a break even trader to a profitable one. I can't begin to tell you how happy I am with IB. (I was actually introduced to them on this board--thanks everyone). There are of...

Thanks for the replies. I'll have to check out ETG. Does anyone know if there is such a thing as "remote proprietary trading". I would imagine if a firm is going to let you use their money, they would want you in their office to keep close tabs on you. Of course the problem is that you have to...

I've been reading posts on elitetrader about proprietary firms and I have a couple of questions. I don't want to beat a dead horse (I know there have already been several threads) but I haven't found the answer I'm looking for. I'm confused about how losses are handled. So far from what I've...

A couple of questons. How many offices does worldco have? I can't seem to find any info on the web site. Are they planning on opening several in diff. parts of the country? Do they have any certain biases on what they want their traders to trade? For example, NYSE only. Also, how do they...

I've been using best ecn for a few weeks now. When it first came out it really sucked. It has been a lot better though lately. For the most part I can usually save a few pennies on each execution over island (depending on the stock) but I've noticed if the stock is really moving it is a bit slow...

I scale out of positions about half the time. It all depends on the market. If the market goes against me and I see my stock weakening, and I don't close the position all together I'll definitely take partials. I think it's probably a toss up over the long run. I often times leave profits...

Ah, the age old question. Genetics vs. environment. My opinion on this is two-fold. I think genes do have a lot to do with the equation, but I think that environment is much more important. Someone said earlier that men are created equal. Unfortunately that's just not true. We're born equal...

Tradermike, It seems to me that you are trying to accomplish one of two things. 1) Hype your website. or 2) Create a controversial thread just for fun. If number two was your goal, then you certainly accomlished it. Congratulations. I hope you got your jollies off of it. Based on the fact...

Question for: Praetorian2. I've been trying for several days to access the "Great new pattern" live chatroom on yahoo. I signed up and can see the messages posted but no matter what time of day I go to the site it says "0 members online now". Are you still using this room? If so I must be...

Klaorman, Thanks for the post. I'm reading "Trading in the Zone" right now too. Great book. Trading is all about emotions isn't it! Hey, I was curious which chat room your with now? I'm with mtrader.com now. So far I'm very happy with them. I tried millennium-traders.com for a while too...

Keep the stories coming everyone! This is a great thread. In answer to Qwiktrade's questions: 1) Yes, I have considered trading with Bright or another firm. Echo looks good as well. I'm studying for my series 7 right now. I think a professional firm will help me take it to the next level...

......and then people start jumping out of buildings, and off of bridges, and then there is blood in the streets, and then people rob the dead bodies, and then there are riots, and wars, and anarchy, and we'll have to go to marshall law, and then the government will collapse, and the Russians...

Thanks for your post Traderkay. It takes guts to tell your story. Since you did, I'll go ahead and tell mine. You'll probably get a kick out of it. Maybe we can all learn from each other's mistakes. We should change the name of your post to "TRADER CONFESSIONS". Not that we should dwell on the...

Has anyone ever tried the strategy of dividend capturing? (Buying a stock right before the ex-dividend date, collecting the dividend, and then selling the stock). I've heard that right after the dividend is payed out the stock will trade that much lower the next day. Is this true? If it is...

What is CTCI?

I'd be interested in swapping Tony Oz's second book for his first. I own "The stock trader" and want "Stock trading wizard". I'd also swap Van Tharp's first book for his second. I own "Trade your way to financial freedom" and want "Financial freedom through electronic daytrading". Both books are...

Hitman, I'm curious who your firm is too? I'd love to lose someone else's money and not my own. Not too sure how that would work. There is a "Bright Trading" office in my city that I'm considering switching to. They require a $25,000 deposit and all losses come out of that. You can use their...