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This has been beaten to death on IB's own boards. It's called freeriding and is explicitely prohibited by the SEC. You can't trade in a cash account with funds that haven't been settled. You can trade that way with a margin acct but still can't daytrade >3 times in 5 days unless you're at 25K...

I quoted from AllenZ himself. Allen could you clarify, please? Also an inside bar is usually a technical non-event. What's your opinion? Thanks -

FWIW I've been getting pretty good fills on IB using TMBR for the ETFs

Well, he has a PhD so that settles it. He's got one of the three degrees required for financial commentary: BS - bullshit MS - more shit PhD - piled higher and drier

inside range bar

True, but they're usually goaded by the newbies.

Suggestion for Baron: How about a 15 or 30-day waiting period from the time a newly-registered user signs up until s/he can post? They can read anything they want in the meantime of course. This would cut down on a lot of the multiple personalities that have pervaded many of the decent...

Never knew that. What's worse, their tech people never mentioned it. It was always switching between sunnyvale sterling and boston servers. It had a few features I liked like highlited background colors on quote lists. When my annual's up on esig I'll give it another look.

I'll vouch for that. I trade the SPYs all the time on TMBR and get filled almost instantly.

It's an old computer term: Read the F*cken Manual

That new 'you're in control' Spyder ad with the DMV employee is classic.

Walter, I can't tell you how many times a decent thread turns into an infantfest by a few miscreants. And people wonder why 90% of all traders fail? I'm surprised it isn't higher.

I'm a better trader today than last year. It's a continuous learning process as you tweak and refine your strategy.

(o) All of the above

Well in that case I saw this picture elsewhere on ET (credit to whoever first posted it) and this may solve your short-term trading problem.

Hey - there's a black and yellow diamond-shaped sign that appears on the charts of many of these tech stocks: GREAT SHORTS AHEAD :D

% Winners: 41% % Losers: 59 Gain/Loss Ratio: 2.55:1 The gain/loss ratio is far more important. For every dollar I lose I make back 2.55

I was referring to stocks, not futures. It is such a damnable mess this whole thing. As for other types of income, my wife works and we also have interest income so that's what I meant by ordinary income.

What is Jasper?

I tried qcharts 3x over the past year and a half and each time I was switching servers constantly and dropping connections. This on a cable connection. The software was pretty good but the datafeed sucked. Esignal's datafeed is great but the software is buggy. Maybe if we can combine the two...