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It is obvious that these reviews are fake. If the perpetrator would have used different names I would say leave them but since it's so obvious (using names of professional traders who the author mentions in his book) I think they should be removed. Although I do agree that it probably won't make...

THIS BETTER NOT BE TRUE!!!! I thought the first rule of a $25k minimum account size was bad enough. If this is what the 4 to 1 margin means then I'm done. And so are thousands of other traders. Who are these morons making these rules? If you go flat at the end of the day who gives a damn how...

Armaniman, Could you elaborate a little more on your adaptive moving averages? Sounds like the best idea rather than just using a percentage or number of points for stops. I'm curious to see an example. What software do you use etc. Thanks.

I agree with mgregor. IB needs to do something different. At very least take our names and account number off of the statements! That shouldn't be too difficult. Don't be too hard on Def either mgregor. If he can get something done that we can't then more power to him. It's nice having someone...

Thanks for the replies guys. Sounds like those of us with accounts under $25k better get night jobs...he he. I'm almost there now and should be fine by Sept. but I'm still curious what happens if you dip below $25k. If you ask me, I think this is a pretty lame rule! I can only think of a few...

I know this subject has been spoken of before here but I can't find the info I'm looking for. Here's how I understand the new SEC rule. Please clarify if I'm mistaken. Accounts under $25,000 which trade more than 4 round trip tickets in any one week will be marked as a "daytrading" account...

Martingale strategies are the surefire road to the poor house. Whenever you think you are smarter than the market you will lose. The market is always smarter. Even if you did have an unlimited bankroll you can't count on a winning trade just because you've lost so many in a row. The market...

Does anyone know where I can get free average daily ranges quotes? With that, does anyone know if there are free quotes on the "average true range" from the last 'X' days. Thanks.

I know Echo trade is one of the few brokers which offers trailing stops. Does anyone know if you can set up different stops for the same trade. Ie: Buy 200 shares, set a trailing stop of .50 point on 100 shares and 1.0 stop on the remaining 100 shares? Sure wish IB offered trailing stops. If...

Praetorian2, Thanks for the replies. I'll pick a couple of listed stocks and start watching them for months to come. I'm assuming you rely heavily on time and sales?? Any secrets to be aware of? Do you know of any good books on tape reading? Thanks.

Praetorian2....I have some questions for you. You mentioned earlier in this thread not to go for big moves. "Don't look for large moves, they just get you into trouble........." I'm curious what your strategies are for this type of trading with nyse stocks. What kind of indicators are you...

I agree with Bryon Roberts. They say, if you can only break even then you're way ahead of the pack. That says a lot about you. Who is your broker? Try swithcing to Interactive Brokers or another cheapy if you're not already there. With 1 cent per share commissions it could make the difference...

Trading in a Roth IRA is a great way to delay or avoid taxes on capital gains. BUT...keep in mind you can only buy stock. No shorting allowed and no options. Covered calls are the only option strategy allowed. I've heard of some brokers allowing the purchase of LEAPS in an IRA but never complex...

In regards to Wade Cook, my advice is to stay away! I've read all of his books too, and that's actually how I got involved in trading. Let me tell you something. Wade Cook and trading are two completely different things. Wade Cook is not a trader. He is an ex-taxi cab driver who found that he...

I just opened an account with IB and can't seem to get a reply email from them answering my questions. I loaded the desktop version on my pc but can't get the browser version to work. My computer freezes up every time I try to use it. Is one version better than the other? The browser version...

Hi everybody. Today I bought 200 shares of JNPR at 55.83 on island. I was just doing my usual thing, trying to see if a new high would be made after breaking through the previous one, when I noticed a bid for JNPR on BRUT for 56.2. Just for fun, I immidiately hit the bid. I made a whopping...

Does anyone know when IB will start their "ecn only" order execution option?

I've been following millenium-traders.com for a while and have some interesting things to point out. First of all, if you want action this is where to find it. The two traders in the room "Thunder" and "Lightning" are making calls ALL DAY LONG! They make between 20-30 calls per day...

I've been doing a lot of research on which direct access broker has the best combination of cheap commissions and fast executions. I'd like to get any opinions on how these two brokers compare to each other before I choose one. From everything I've read,IB seems to be everybody's favorite...

Rocky, you rule!! I've enjoyed reading all your posts on this board. I like your attitude. I can relate very well. I like what you said about money. IT IS ALWAYS ABOUT THE MONEY. Let's face it, the world revolves around money like it or not. People who say they aren't here for the money are...