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Don't minimize making ONLY $200-$300 per day especially in a profession where maybe 20% at most make money. In this economy making $250 per day multiplied by 250 days a year is $62,500. If you happen to live anywhere other than the high ticket areas like LA, NYC, where else can you make that...

What you said about the manual being like learning Chinese ... is really funny. I was laughing my ass off. Anyway, I don't use ESPL but in reading through their website, it seems to me that ESPL is a derivation of Delphi / PASCAL. My suggestion is to go to a library or Barnes and Noble...

Hi Andrasm I don't think it is a legal issue at least with the securities regulators. After all, volume rebates are normal in this economic system much like Avis and Hertz probably get discounts or rebates from the big three car makers. I think it could be a potential IRS reporting issue...

In your illustration above, you would have a better chance of making $ on the first 2 trades and losing $ on the last 2 assuming the stocks have similar volatilities. So the expectation would probably be still negative since you'd be making little $ on the first trades (wider stops) and get...

Hi. I am currently a stock daytrader and was a futures options floor trader for 5 years. I am contemplating a switch to options trading in stocks since my exposure to stock daytrading has enabled me to have a better grasp on stock 'movements' and I think that that skill coupled with my option...

Hi All. I am thinking of moving from a prop firm to a retail firm to trade options and have been investigating different DAT firms. IB seems to be a decent firm which offers no-frills,reasonably stable platform. One of the questions I can't find an answer to in these boards is about taxes...

Hi All. I am thinking of moving from a prop firm to a retail firm to trade options and have been investigating different DAT firms. IB seems to be a decent firm which offers no-frills,reasonably stable platform. One of the questions I can't find an answer to in these boards is about taxes...

Hi All, I just emailed RQ inquiring about their plans and they said that Mitch found a buyer and that details will be announced shortly. Hopefully, they won't jack up the price too much. So stay tuned. same bat time same bat channel!!

Hi All Since RQ seems to be a goner in a couple of weeks, can anyone suggest a good scanner? I currently downloaded a trial version of linn software's Investor RT. Anyone use this product? Seems very complicated. Thanks

MikeDip Hi. Any plans on making it available to NYSE stocks? If yours can't ,can you suggest other scannig software systems Thanks

Can anyone suggest a rock solid quote pacakge as well as sotkc filtering to save me fromlooking at 20-30 charts nightly? The good ones AT Financial, ILX does'nt seem to have that module. That is why I am looking for something much like what ravenquote had? Thanks

I agree with your posting re: quotes. I trade between 800k to 1.5M monthly and am consistently profitable with Ravenquote. I was shocked to hear from users in other threads that quote.com is not " professional". Due to the numberous comments re: quote.com. I am starting to have a "maybe I would...

There are a couple of firms out there that might get you on board without a deposit or at least a small one.(i.e. around 5K-10K). The usual and customary deposit 1 year ago was $25,000. Nowadays, whether it their magnanimity or competition some have allowed $5,000 or $10,000. HOWEVER, remote...

By the way. If you enter 30 orders below the current bid and there are not limit orders or market orders to fill you and he does'nt want to sell you from his own inventory, he'll put you in the book and move on to the next order who might have a higher bid or lower offer and so on. So you...

Hi Lone hand: I have to verify with people who worked on the floor. But it does make sense that there is a queue because think about this scenario. A stock is being offered at $50 100,000 shares. how many times do you see it starting to trade there and here I am trying to buy it putting in a...

All I hear from worldco is the negative article about their affilication with the hedge fund ptjp as well as negative ratings about their execution systems being down all the time. Can anyone who used to work there or currently working there offer a counterpoint re: above? Given the fact...

Definitely !!! Ex. If I am long a stock and it starts to tank, I submit a limit order to sell .20 cents below bid and often times unless I am REALLY wrong, I get filled above the current bid after about 5 -15 seconds of nail biting.

There might be several reasons why he is not improving the market with your quotes. Maybe he has'nt gotten to them yet. If I remember correctly when I toured the NYSE floor and spoke with a specialist. He said that there is a queue and they can only see the 1st 30 orders. MER and MWD are busy...

I was a floor trader for 5 years in the soft commodity pits and am now a stock trader in an LLC. so here is my 2 cents re: futures vs. stocks. Floor vs. Off- When you have reasonably fast market conditions day in day out, there is nothing better than being on the floor-the excitement, the...

I feel for you, for I too was not far removed from your situation about 2 years ago. I traded a $25K retail account down to $14K and stopped for 1 year. I went at it again and am able to grind out between $250-$400 daily trading remotely with a professional firm. Here is how I was able to turn...