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I agree. Screw the business card. I used to care about what my relatives, friends, and people I met out thought about what I do. Nine years later my house cars and lifestyle speak for themselves. I could care less about what the sheep think about daytrading. It works for me and that's the...

Quad core dells can be found for as little as $800 on their refurbished section. Throw in an outlet coupon which appear every month or so and you have a $700 computer that would have cost you $3000 a year and a half ago. Seriously though the any new computer with 4 gig ram and a dual core...

Day7793 you are pathetic. See stockturder and increasenow are probably 18 at most, you on the other hand are an old idiot. Who the fuck cares if a recession takes hold. It's part of the economic cycle. Would it be so bad to have a few companies wiped out and the unemployment rate rise to 7-8%...

How old are you man? Everyday the same shit on et with you asking dumbass questions. Yeah go ahead trade futures with $500 and see what happens. Compound it with sct and you will be a worth a mil in 2 maybe 3 months tops.

The fact that Jim Cramer is yelling at him everyday tells me all I need to know. He is doing a good job. If you want to talk about idiots who don't get it look at that congresswoman today calling him the ex ceo of GS. I really couldn't even watch, kinda like a George Costanza moment.

Basically although I can not quantify it (actually I probably could) through the 200,000,000 shares I have traded in my life this works for me. I guess its the tape reading intuition I have acquired in my life, but in practical terms it's just nice to not get run over when you put a bid in for...

God man I could give you a hundred setups but you would still lose. Anyway I will give you something better than a setup. I am a daytrader. When I enter say rimm for example on the long side with the intention of a 5000 share postion I will probe the position. So even if I love the setup I...

If you are right I will leave the game. See the thing is since I started doing this in 2000 almost all the traders I knew are gone. Somehow the fact that I made it through 2003-4 after the vix went to 10 makes me think I can make it in almost any environment. Now if you tell me the vix is...

I agree 100%. Give me that specialist back. Anyway I have always been a nasdaq trader at heart so adapting to hybrid which is still really just a slow nasdaq has been fine. Pre hybrid I use to be able to buy 5000-10,000 of a nyse stock, now that process invloves me using 100 lots that refresh...

I have had some small problems last few weeks with bats on schonfelds platform. They will just pull the ecn and I cant use it for a few minutes until they put it back up. I had NYSE problems this morning with slow quotes. I have also seen more of the ecn crossing lately. I then have to log...

Amazing fade. Bernanke is losing control. Not long before he is gone. I would love nothing more than a limit up day in gold that says F U bernanke.

Those were great days to be a trader. Fortunate for me I started trading right at the nasdaq top in 2000 and learned to short alot and move in and out quickly. Alot of the real succesful guys prior to 2000 had a hard time adjusting to that bear market. This time will be no different.

Sure they are games. But do you really think newbs sold off about a million es's from 2:30est. ?

It makes me think I would never have a lot of money at a retail broker like IB. IB has probably tens of thousands of accounts where alot of them are not active. Some customers might leave after the fiasco but IB will be fine. A prop firm doesn't have this luxury. If that shit happened at any...

Redraw your chart my friend. Predictions are futile, thats why I daytrade.

Mark to market election allows you to go over $3000 I believe. Irs rules on daytraders discusses this.

How are you going to get demand to increase over the 2005 levels where loans consisted of 105's, option arms, no money down 15x stated income loans? 2007 has ended and inventory where I live in Suffolk County,Ny is climbing rapidly. I do not think long island is an isolated case. I wish my...

Muppet, Read my posts. There's not many of them over the course of my 2 years plus on elitetrader. Most of my posts focus on trading, data feeds, etc (the real meat and potatoes of trading). I do indeed trade full time and actually pay my bills with my earnings. I don't on the other hand...

I second the muppet comment.