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I would think you can only take him to court in the state where he lives / his business is registered. If you don't have an address, you're probably out of luck, maybe you can fake interest in a business opportunity or something else to get his mailing address.

Provided you have the necessary capital for the margin requirement, what keeps you from offsetting your futures position using the QQQs if futures are halted?

Exactly my point. If you buy the whole block you would definitely be better off with the eminis. Take this: The spread is usually one tick, which corresponds to 1.25 CENTS ($0.0125) per share of QQQ, plus if you want to trade the equivalent of 10400 shares of qqq, you can do that by trading...

Even better, you can do what I did: Just keep you Win98 and install Win2000 ON THE SAME PARTITION! No need to reformat or anything. As long as you have enough space, Windows2000 can just live on your FAT file system. It says that is not recommended, but in trading applications you should...

It's kind of like this: Of all the say 120 trades that happen to take place for a particular stock in one second only the one that happens to be reported just before the TWS updates its data (which happens approximately once per second) is displayed as "Last", which means you get interesting...

Could it be that you mean buying/writing options while volkl151 is talking about buying/shorting the index?

As to whether SPX cash options or emini options are more suitable for you, I have no idea. But if you are thinking about selling a strangle, consider this dismaying observation: Since volatility has been extremely low for quite some time now, options are also relatively cheap now. Traders...

Cool! I will certainly be following your trades with great interest. By the way, is there any reason (other than the admittedly nice-looking logo "QQQTrader" on your website) that you trade QQQ and not emini? Is it to give the average Joe an opportunity to join you in your strategy with...

I have had the purple screen on my futures account probably between 3 and 10 times in the last half year, and don't remember more than one instance where it lasted longer than half a minute. Of course, that experience is very subjective since it depends on your internet connection and/or the...

Actually, they sometimes do warn a few minutes before the connection is going to go down, but obviously only if they have to take it down on purpose. Think of it this way: How much would it cost you to have another broker to offset your positions in case IB goes down? If it is in the...

Let's see... In America you probably gross 15000 in 6 months, income tax on that would be somewhere around 1000, living expenses 4000, so roughly half a year if you work hard. In Europe you probably gross 20000 in 12 months, income tax on that would be approximately 10000, social security...

Exactly, and the funny thing is, if a stock comprises 10% of an index then it seems to lead the corresponding index future 10% of the time and be lead by it 90% of the time.

To quote CNBC's chief economist, "That's exactly right." I would say, when scalping stocks and eminis, the two biggest misconceptions you could have about the eminis would be 1. to think the eminis don't lead the stocks and 2. to think the stocks will always follow the eminis' lead.

Halcyon, You should make sure the broker you eventually choose lets you trade ENRNQ, KM and the like without extra cost. Sometimes they charge you more for penny-stocks or don't offer them at all. (I am assuming that your focus will be on penny-stocks since you are planning to start...

OK. I retract anything I have ever said about SOES, since I have no way to prove it. It might well be that my experiences had nothing to do with SOES, I was just assuming that because I know it would be highly unlikely for an ECN to produce the results I have experienced and I always happened...

But you can call the post office 24/7. I know, because I called them 5 times last year and spent hours on the phone with all different kinds of people to try and get a simple change of address to work. To this day, exactly ONE letter has been forwarded to my new address...

US markets are closed today for Bad Friday.

Level2 is 50% fake orders to lure you into traps anyway, so why bother paying for it. I agree with you on that point. If you need some measure of market depth the ECN book that you can access for free at www.tradearca.com will do the trick just as well, if not better, but again, there are so...

AFAIK, the rules (or brokers) never prevent you from liquidating any position.

or you could try to get back in, if the move is really strong, you sometimes get another entry point right after the exit. No shame in that