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I didn't take any exam. No licence. Since, my overhead is about 50k to 100k a year if I calculate how much I would earn if I take another job etc, I am in the stage that I need more capital. I was told that there are only 3 loopholes to raise money without licence. 1 find clients willing to...

Stock Symbol: INFO http://finance.yahoo.com/q?s=INFO NasdaqSC SC should be like NM, right? Not like OTCBB or Pink.

I am male. I trade in a female client account. Not sure if a man named Susan Smith calling a broker to bash them will raise any red flag.

I am 100% sure it s not AON. Never use that AON anyway. I am worried, because Nasdaq pennies act more and more like AMEX. I am really not sure if that is because pennies are always like that or brokers start stealing more now, when there is no specialists.

i thought only AMEX can steal from me. now i lost money in NASDAQ too. i don't understand how this is possible. on NasDaq, the bid is 0.64 of 2k and ask is 0.65 of 5k. i placed 10k bid at 0.65. no fill for 20 minutes, no show on L2. i canceled it and reenter it. same thing for 20 minutes...

http://www.prophet.net/quotes/downloadQuotes.jsp?symbol=HOM&duration=1d&frequency=i1 HQuote said they will get intra day data from a site other than quote.com. Looks like they get data from prophet.net. prophet.net seems to require a paid membership to get access to the data. Does HQuote...

why do you pay for the software, when it is basically downloading data from yahoo or quote.com? you can write a program to do it within 5 minutes. just wonder if yahoo will ban your IP if you constantly hit them. i tried this in 2003 on dialup connection. working perfectly.

Why do most trading gurus, such as Larry Williams, make money off futures? Is it because of the leverage, or volume? Some stocks and most indexes have volume too. I constantly make money money in stock long. I know why I don't short, trade options, futures, forex. 1 short: too risky. i...

i need to transfer stocks between a margin accout and a cash account, mainly to take shares off the table from shorts. i hope there is a broker can allow real time transfers. it seems most requires some kinds of faxed, signed forms for internal transfers. if the accounts can be linked, then...

what i meant for 0 risk is "0 risk of losing in trading" because i always take a long position first then close it. The only case, that wil not work is it dropped below my purchase price, then i just move this position into my "INVESTING" position, and break even for this "TRADING" position. so...

a lot of good value stocks have very little volume. i always constantly trade them to reduce my average cost. i love those stocks. i have been very successful in those stocks. take a look at few of my past holdings: USEY, ZONS, PARL, SODI.OB, CTGI, HOOK. trading in those stocks have 0...

trade 200% of the volume means i trade with myself. trade 100% means the other small traders / specialists / market makers trade against my orders.

120% volume is from AMEX. the specialist doet not report all trades. example for a stock with average 2000 shares a day: there is no trade until 1pm the day, i put a trade for 1200 shares. it got all filled, but the market only reported 1000 shared traded that day.

got my vote.

In some low volume stocks, I have been the only trader in the stock. Sometimes, I trade 80% of the volume per day, sometimes 120% of the volume (the specialist does not report all of my trades) If you are a trader, what will you do? 1, close all positions, since there is no other trader...

What will happen if after getting the 1099, and my client reports nothing to IRS? I called IRS one day and spent 2 hour with them on the phone for my own account, since I am none-US citizen living not in USA. It seems the call answerer does not know anything but reading publications. I have...

Since I am not lisenced, I only managed my clients' money in their own accounts, one of my clients asks me if he needs to pay tax. Client profile, Foreigner, lived in USA, has a SSN but moved out now. The account I am trading has his SSN. Althrough, technically, he does not need to pay any...

no. never heard of overdraft fee. there is an overdraft interest which is like prime+1 to prime+10, if balance is carried overnight

(Profit - Labor) / (Risk*Investment) - PrimeRate is a good indicatior if what you are doing is really good or bad. Risk is calculated as (36 months / (Total profitable Months - total loss months) in the last 36 months). If you traded less than 3 years but more than 12 months, use the total...

I wonder if the firm charges you Interest on Intra Day margin/buying power? I think in bank world, there is no Intra day interest. So you can borrow from morning then pay back in afternoon. example 1, i have 10k in bank of america with over draft protetion of 10k, i wrote a check of 15k...