I think most people's definition of "adapting to the new market" is being able to profit as much and as consistently as in the old market. I don't know anybody who's adapted yet.
If you're new to trading, I wouldn't worry about details of leverage or the ins and outs of how the firm is run, as is so popular to discuss here. Just learn how to trade. Once you're good at that, some of that other stuff may start to matter.
Depends on how you trade I guess, but the passthroughs end up costing me another .002 minimum usually. So with a .005 commission at prop I'm paying alot more than I do at IB.
I guess they can get away with it because of the leverage they can offer.
Single stocks routinely make up over 20% of an ETF. Just a few examples: QCOM is 38% of the Broadband Holdrr (BDH). DNA is 38% of the Biotech Holdr (BBH). XOM is 22% of the Energy Spider (XLE).
Know what you're talking about before you call somebody's question pointless.
Seems like stock traders aren't doing as well so far this year. I noticed several of the guys making good money last year aren't posting anymore. I assume that means their numbers have fallen off.
I wonder how Maverick has made lack of followthru a non-issue. Fading the breakouts? Or just buying pullbacks above opening range and vice versa?
I'm trying to build an ACD system also Sponger. Let me know if you have some good ideas.
I doubt Jones has anything to do with those buys other than hiring the guy who made the decision. He's said before that he's not a stock picker -- "as far as risk in the stock market, that's not my core competency, so I'm really not a great person to ask. "
This article just sounds like an...
I asked about that and was told it's on their todo list. There's a roundabout way of doing it described here:
http://www.forum.qtusers.com/index.php?topic=221.0
Scott, just look at some of the charts from this morning if you want to see what we mean. DIA for example. On the 1 min chart this morning you can see all the spikes that were showing up.
I had bad quotes in esignal all day and couldn't see where most stocks were trading within 60 cents in the last hour.
IB seemed to have much more reliable data in the last hour when I switched to it, but still problems.
Did any data providers hold up today?
austinp, you think that trading an account up to $64K is comparable to what Jesse did? After the 29 crash he was worth $100 million -- inflation adjusted over $1 billion. So once you make another $999,936,000 you can come back with your assinine "jesse sucked" drivel and somebody may listen.
Esignal support is aweful i agree. I call and email them about problems and never receive any response. Somehow though they have plenty of time each week to send me 2 or 3 invitations to seminars to teach me to trade and buy their expensive products.
Lord Melbury, You really have $2 Million in assets or just a few briefcases full of bricks?
That was one of my favorite episodes.
Seriously, good luck dealing with your drawdown and illness. I sympathize with the depression. Trying to get exercise usually helps me somewhat with the ol...