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Thank you for that NoBias.

I am a newb. Not in its purest sense as I have traded on and off for years but the only reason it was on and off was to recoup losses. If your friend came into the market today with your $25K and no experience and insisted on trading something, what would you tell him to begin learning...

I made a bill payment to fund my account through Wells Fargo but it will take one more day. Can I begin paper trading before my account is fully funded? Any tips?

Thank you for that info. Did a little investigating and also found on that options are actually counted as stocks in this case.

No one knows about this part of the setup process at IB? I thought it was quite common.

It has been some years since I last traded with IB or anyone for that matter. I was flagged for day trading last time but this time I opened the account with only 20K so..... I would like to not have any problems until I can raise at least another 10K. In the past I traded both stocks and...

I found this video today. Please watch it and then tell me if this happens more often than not. What is the risk involved and am I on the right side of it by trading? http://www.youtube.com/watch?v=_KaDWkz1ooY

Can I get some clarification on this setup. If you use TWS to execute the trades, do you also have a real time quotes from IB or just Kinetick? I'm just trying to get setup also and need to know what additional services I need from IB?

So you use multi charts for your charts? If Ninja trader charts are free, then why don't you use them? I have not heard of multicharts. How do you like them? Also, are you paying IB for real time quotes? Is it worth it do do so?

I have to say that of all of the investment choices out there, Forex is probably the one I am most leery of. I would have thought that just trading how currency moves would be straight-forward but the more I read the more confused I become. Bots, trend lines; there is so much information...

You seriously do not want to do this in WA. I cannot speak to the investing side of things but B&O Tax here is crippling IMO. All income is taxed with NO deductions. Even the cost of doing business cannot be deducted. I certainly agree with the other poster in contacting an accountant in the...

I used IB years ago but it has been some time so now that I have opened a new account, I would like to get it set up correctly. In the past I think I used Ninja Trader, button trader and I think that's it. So first, what percentage of people use just IB to trade and no other skin? Is it a...

I opened a new account with Interactive Brokers last night. It's been about 3 years since I closed my last one. In the setup it asks if I want to sweep and it also gave me an option (but I forget what that option was at the moment). On the site in parenthesis, it says that if I plan on pattern...

bump

I have used IB in the past and it has been okay but having paper traded with Think or Swim over the past couple of weeks has me thinking. Anyone else exclusively trade the YM? If so, what broker offers the best platform for the cost?

I just wanted to thank you guys again for your help. Today I realized that I can't do this. When I am reading the books or studying online, I am in control. When that bell rings though, I become a different person. I have the same problem in Las Vegas. I can read books and practice learning...

Thank you so much for this information. I have read it over and over a dozen times. I did a google search on "price action on the ym". Not much useful information is available in learning what to look at. For the past couple of days, I have just been staring at the YM chart, tick by tick...

I'm using IB primarily focused on the YM future. Which would you choose?

Can we talk more about this? What does it mean to read price action? Are you talking about looking at charts and watching trends? Will learning charts like the MACD and others help me in creating my own system? I have heard many say I am not ready to trade. I believe you. I tried it for 6 months...

Well, I certainly appreciate your honesty. The plan you describe doesn't sound exciting. Honestly, it doesn't even sound like I will make any money for quite awhile. This advice must be contrary to popular opinion because in reading it, all of the sudden I feel as though I don't get to go to...