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    "Humble advice for Series 7 candidates"

    I just passed Series 7 exam this afternoon(Heha!) Hint: There were lots of questions about option & bonds. Actual calculation questions were less than 10. Total 260 questions in 6 hours limit I fininsed all in 3 & half hours Before taking test, solve lots of practice questions & make...
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    Margin allowance of Bright vs Echo

    Dear Ghansen, Do you prefer Echo or Bright? Why?
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    Favorite food for daytraders

    I heard from fellow traders who take Viagra before trade to spike up(in another word: energize!) :D
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    Margin allowance of Bright vs Echo

    Thanks for your respond abour Echo Anybody has any information on Bright's margin allowance?
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    Margin allowance of Bright vs Echo

    any bright or echo trader?
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    Margin allowance of Bright vs Echo

    I need to confirm these issue; 1. Bright allows a trader upto $1 million margin at starting 2. Echo only allows 10times margin at starting($250k) (both firm request $25k initial deposit) Are they all true?
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    Largest Daytrading firm in the US.

    What is the Momentum securities website address? Do they require Series 7?
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    Best book for Series 7 exam!

    STC has series 7 review exam(125 questions * 4parts). Do you think studying those 4 parts review questions are enough to pass the exam?
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    Where are we?

    Earth! I know that, but where is our economy going now? Recession, Recovery, middle of nowhere, etc....
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    Market Direction

    What is the most accurate way to judge the market direction?
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    Anyone started at Bright, Echo & World co?

    Anyone recently start trading with them? How are you doing? If you quit, why did you quit? If you are making profit, what did you do the right thing?
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    Best book for Series 7 exam!

    Which book is the best study material which shows almost identical Series 7 exam questions? Anyone interested in selling a Series 7 material CD?
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    Fairvalue Strategy

    Does anyone use a fairvalue as a market indicator? Tell us about how you use the fair value & outcome....
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    How low will it go down?

    it's safe to say we will see the S&P 500 at new lows, and we can probably throw the Nasdaq into that group as well Panics and huge down openings, historically speaking, tend to lead to short-term reversals. What we've had for the past several weeks has been a slow erosion down, so a fast-paced...
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    How low will it go down?

    The war is coming in short time How low the market will it go? What will it take to bring it up? We all know it will take time though....
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    Watch for Margin Sale Kicks In

    It goes down There will be more sellerst tomorrow.....
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    Watch for Margin Sale Kicks In

    Watch out before closing 1 hour. Brokerage firm's margin sellers will jump in with institution's redemption If we get through today, it will be ok, However,if it goes steep deeper down into closing session, there will be more sellers will follow...
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    Rate Cut!

    the Fed has just moved to cut both the Fed Funds rate and the Discount rate by 50 bp. The new rates are 3.0% for the Fed Funds with 2.5% the new Discount rate. The action indicates that the Fed is confident that a sudden reacceleration in the economy is no longer a threat, and another rate cut...
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    Must know before trade on Monday!

    NYSE confirmed that all the test has been completed. It is ready to start trade on Mon.
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    Must know before trade on Monday!

    the market will open down to an extent equivalent to foreign markets, or about 5% to 8%. That would put the Dow Jones Industrials Average ($INDU) at somewhere between 8,836 and 9,124 -- around the level of the April lows -- and the Nasdaq ($COMPX) between 1,476 and 1,559. this will not be true...
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