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Rockfish is right. With the fragmented markets created by decimalization... And becoming even more fragmented this year due to Reg NMS... There is ** no way ** one can make a living using a flat rate commission structure. I hedge and scalp Listed stocks very successfully... And with...

I bought one computer/year for 6 years... And there were significant problems with the last 3 deals. Dells are actually very reliable... So it took several years for me to learn just how proprietary their systems are... (For example, each of my 6 Dells has a different, non-compatible power...

I shouldn't even bother... but: (1) Random entry means your sole edge is the size of the bid/ask spread relative to your costs. (2) Even taking into account ** super simplistic ** things like general market direction of a sector... Would surpass random entry. (3) Using even...

Absolutely yes. One classic form is to lock a large customer base into proprietary technology... And then charge 200-300% more for parts and service. Dell is a master at this. For a power supply that costs them maybe $10 wholesale... And maybe $50 retail for equivalent at any computer...

Don't you people ever get tired of the poker/trading debate? I would put it this way: You cannot run a successful trading business... And be a professional level poker player. Both worlds are so competitive... That they require a total commitment... and many years of experience...

The best, simplest, cheapest solution is 2 new internal SATA drives... Plus one external USB 2.0 drive like the Vantec NexStar3. Your motherboard must support SATA... IDE is 2-3 years out-dated... And you may not be able to boot via a SATA PCI adaptor. Use Casper XP every 2 days or so...

lescor is right. Been trading for a living for over 10 years. (1) If you trade for a living... capital gains do not apply to you. Period. (2) Creating a one man corporation may allow you to defer taxes... But in the end you will be taxed exactly same as the personal rate. A man...

There is no general, correct answer. It depends on what return you can get... on the equity in the property. If it's 5-10% then owning is the way to go... If it's 30% (like me) then real estate is not attractive. Also... A property often becomes a millstone for the owner. Instead of...

I started watching CNBC around 1996... And Cramer was a guest about once a week... And Jim Rogers was a guest about once a week. Both guys presented themselves as serious money managers... And both stood out as men who "think outside the box". I prefer to remember Cramer as he once...

I have 5 Dells on a network... With an old basic Linsys router and cable broadband with static IP... Of which 3 are fast, modded, front line Dells... That work hard all day to help me do 150 trades. I run 20-30 software programs... Many custom coded between 1990s and yesterday... So I...

It's actually "Google Pack" that includes 6 months of "free Norton AV"... http://pack.google.com/about.html By then Norton will have invaded and taken over every single proximate nook, cranny, and orfice... And will be virtually uninstallable... So many will end up paying through the...

As a general principle... Backtesting should be used only to verify market inefficiencies that ** can be rationally explained **. Otherwise... You are just practicing "data mining"... Meaning applying brute force scanning to random data... Which will, inevitably, result in you finding...

(1) Dell customer service has become a complete fiasco in the last few years. Once a corporate culture becomes corrupt... it can never, ever be fixed. (2) All Dell computers are very proprietary. I have 5 Dells and all 5 power supplies are different and incompatible. (3) When I needed a...

"Haircut" is an official NASD term from the NASD regulations section called "Net Capital Rule". Go to the online "NASD MANUAL". The Net Capital Rule only applies to NASD member accounts not subject to Regulation T. The Joint Back Office arrangement is a loophole allowed by the NASD. With...

I run 3 front-line computers to trade on a daily basis... And while it might be "ideal" to strip out everthing non-trading related... This is just not be optimal for many. A good middle of the road solution: Get rid of Norton, Macfee, etc, now. Period. Turn off all Windows firewall...

I understand the problems of scale... But Warren has only matched the stock market last 10 years. Buffett is, first and foremost, a carefully constructed cult. http://quicktake.morningstar.com/Stock/Diagnostics.asp?Country=USA&Symbol=BRK.B&stocktab=interpret&pgid=qtqnnavinterpret...