Search results

Yes, I own those blocks...seriously. Talk to me when you crack 7 figures. Yes, I do the math.......that's why I own them.......but still own them just for diversification, my trading %'s are 150-200 greater.

It's certainly an accounting program, but a general one....but I agree with all else you stated. If you trade sizeable volume, it's a godsend. If you trade little, it might be expensive (so get the lite version.) Tradelog can be found at Armen computing or thru greentrader tax accounting. It...

I've traded for 7 years, all profitable.....all as my only source of income/no other job. The true dedicated traders will always have the edge over part-timers...and will likely eat them for lunch. I agree that you have to have dedication to make it and save a ton too. I save 85-95% of my...

Tradelog is an accounting program that downloads all your trades from many brokers (including IB)...and computes gains/losses, commissions, performance, YTD/weekly/daily. It also creates the schedule D line item listing of ea. trade that the IRS requires (especially if asked to provide it). It...

This is very similar to my approach on the Sched. D. In the Details field I put in "details upon request"......and they can request it, and you should have every trade purchase/sale and gain/loss available for them....if they want it. This is an accepted method. I USE TRADELOG AND...

Tradestation isn't the only one with prob's today.......IB was down for 2-3 minute stretches twice today, confirmed on both DSL & Cable, Hawaii and Texas. There would be a bottleneck on the floor if you were there too, I'm sure, especially during those annoncements. Think about it, it takes a...

I pay a chunk out in commisions, especially NYSE..........but 40% gross..........no deal! Might make sense for some middle income traders, but come on , this is no deal... and I trade 5,000++++ all day long and its no deal, unless you need some very serious capital and figure that in too...

Good posts hayman! Yes, I agree with pretty much every point you've made about trading on the NYSE.......and the "pennying" that goes on there. I also agree with your "40% below what you should be making" gut feeling.....my "gut" estimate is also very close to that. It really is a crime...

Yes, Yes........we all know how market makers work.....and that they will "work" your order so that they end up profiting, even if the commission is less, it usually comes out of profits. THIS HAS BEEN BEATEN TO DEATH. POINT: My NYSE limit fills have been so bad consistently for months that...

During the last 6-8 months my NYSE fills on limit orders have been terrible. The specialist seems to penny you EVERY SINGLE time......just to prove a point. What's even worse is that MSE/CSE and Trimark are gettin' all the gravey fills at limit when your spendin' the phat commissions to...

There are 3 parties to a Short sale. 1)The short seller 2) the person the short stock is borrowed from 3) and the person who was the counterparty to the shortsale you made (the buyer of your shortsale). The counterparty to the shortsale (buyer) has the voting rights to these...

Superdot sent, but specialist filled....just like AMEX, but minus the liquidity.

Agreed, "It'll get ya -one day" ...may not be today, or even next year, but trading on large leverage with no additional capital to back it will come back to haunt you one day. The chance may be 1 in 100, or 1 in 1,000,000....depending on your risk controls. Unbelieveable market events DO...

Actually, I believe it's #10......I had another super small loss since the last post. It was just enough to tarnish the record.

Yea, it's great...just a laptop and a real broadband connection. Traded at the Hilton at Waikolo in Hawaii for a while, hanging out right over the ocean. Hope to tour europe next summer like this.

Why not simply state your average annual return or 1,2,& 3 yr returns and your corresponding beta - to account for the leverage....this would put everyone's risk adjusted returns on the same playing field. Then we could truly determine those positive alpha traders! 20+% drawdown...

IB does nightly maintainence, I believe, around 12:00-1:00 am EST. During which any day orders are canceled from the previous day. You can also not log in during this time. if you want your order to stick until tommorrow....then make it a GTC.

After using IB for tens of thousands of transactions I've found them to be about 99.99++++% accurate. When it is off, it's never by more than a very trival amount (cents) & usually due to some strange accounting event (fractional share sales, fractional dividends etc.) They always fix it...

I'm running the G200 mms and it supports 4 monitors just fine at the resolution you stated with only 8mb per monitor. I use Win XP home O/S. The set-up works great for quotes & trading. You might run into some problems if you also wanted to use the 4 monitors with only 8mb ea. if you did...

Back to the movie "HEAT"....... Every time I get a partial fill my alarm is "get some, get some baby!"-----From Full Metal Jacket (chopper scene w/ machine gun in background) Every time I get a full execution my alarm is "I do what I do best....I take scores" --Robert Deniro when pacino &...