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While most financials are banned, not every one is, and a lot of non-financial stocks got smoked off the open. Could've also been long ZION- see that thing trade? Point is, he certainly could've been long overnight, but he could've also made that trading pre-market and/or shorting the open.

Not really, could've just been short a lot on the open. Things came in points, even non-financials.

You do realize that MA and V don't issue credit, don't you?

Only the start of what?

It's actually more than you'd think. I find it odd myself, but I know a few group leaders who have had guys trading under them for several years without making any real money (not Bright traders mind you, I just mean in general). I think the main point of his statement was "intraday". It...

When you send market on open orders to the NYSE, you get the first print on the NYSE. Those prices you are talking about are the first prints on NMS. If you go back and look at time and sales, you should be able to see this. You're getting the right price.

The NMS open was 9.49, the NYSE open was 9.36. It's almost certainly the same issue with your other fills.

As long as you're entering market on open orders before the open, you should be getting the exact opening price, not even .01 away. It sounds like maybe you're just entering market orders (not market on open), or you're looking at the NYSE open vs. the consolidated opening price. What stock...

I'm pretty sure he was talking about Muni's, not the savings account. Yes, most of them have minimal risk, if you hold them to maturity. If you need the money prior to that, they fluctuate in value, so you may have to take a loss that would at least partially offset the higher yields. Just...

Really? :confused: Less government means less spending (waste) means lower taxes (in theory).

Exactly. Unfortunately, someone who supports a fair tax system most likely cannot win. Even though it is fair, the majority of voters benefit from the system being unfair.

Well, neither is going to promise that, and one of them will still be President! :p

You act as if the rich are the only beneficiaries of the defense spending. I don't want to get into a whole thing about it, I agree we spend way too much on defense (and tons of other places), but it's not just the rich who benefit. Why exactly do you think the riches should be taxed more...

And why is that? Just curious how you came up with that number. It's not like it's resistance, it's at new all time highs. I see the "+" now. So if it goes to 300, does the "+" cover you? :D

Once it's on briefing.com, it's public information. This says they were getting it before it was public info.

I didn't word my initial response correctly, but that's what I mean- the OP said he's starting a sub-LLC under Assent, and getting overrides doesn't fly in that scenario anymore.

Are you sure about that? I'm pretty sure an unregistered LLC can not charge commissions. Assent themselves can charge commissions because they are a registered BD. Joe Blow LLC can not.

Yeah, why would you consider starting this now, when almost every one else is getting out? I'd be surprised if Assent even allows this anymore. Actually, it's probably the reason sub-LLC's haven't been paid in months (if that's true). Did you research the TUCO situation? An individual cannot...

The main benefit is leverage. Most traders need (or at least would benefit from) greater leverage than 4-1. If you don't need the leverage, no real reason to get the 7. I guess if you ever left trading and wanted to get into another financial field that required the S7, it would be good to...

This isn't going to get very far if you continue to just respond to very small parts of posts while ignoring the bulk of them. I know what you do (at least what you say you do), that wasn't the question. FYI, it doesn't make the way you do it the best or only way to trade. Why not quote and...