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What about a melt-up like Jan 3 2001 when the fed dropped rates?

Just open a $2000 account and leverage it to the hilt repeatedly until you either make $1 million or Ameritrade goes belly up....

Not a bad idea, I'll definitely look into it thanks. I don't mind a net debit (since it's what I've already been using) but I'll have to price out your idea (using the IB historical bid/ask data). Definitely worth exploring, even if I have to get more of a debit by buying a further out of the...

I've attached a 30 minute chart of the S&P 500 from Tradestation. SSB

I buy one put for each futures contract I'm holding long. I go for ES about 100 points out of the money although I'll adjust that depending on the prices. It usually costs about a point or two each. Once a month that's about $75-100 per contract, or $1000 - $1200 a year per contract. It's...

I use way out of the money puts (futures option puts) to hedge overnight longs, but I guess they could also hedge intraday crashes. I mean way out of the money, for example now I'm holding ES 1180 puts. Not a perfect hedge...but better than a stick in the eye....

I hope I speak for everyone when I say I'm really looking forward to letting the guys in the pit front-run my orders and run my stops. Is there some way to just pay them "protection" money up front to avoid having them screw me later? Then I can at least estimate my slippage up front :D

Yikes....it really depends on what you're doing. A moving average is pretty simple....highest high functions are not too bad, but other functions can get more complex. Depending on the complexity of what you're doing, you might consider using Amibroker, QuantStudio, or something similar (there...

<i>On Monday, February 13, 2006, there will be an industry-wide change to the trading session end time for equity options and narrow-based index options. The new session end time will be 4:00 PM ET (formerly 4:02 PM ET).</i> Is this so the MMs can screw us in some different way? Or do they...

Yes, at least that's what I've heard. An acquaintance set up an LLC and had to move to MB Trading to avoid pro fees despite the fact he was not a pro. I just wanted to make sure if I add an LLC as a sub-account that I won't be forced to upgrade to pro fees. SSB

It's no different than lying about pro status -- I could lie on my application and say I'm not a pro and avoid the fees but if I get nailed then I'm in trouble. Same here you could abuse it -- but if you're really a pro then you're in trouble....

I'm waiting for futures on my regularity.....

MBTrading has a per trade fee. So do many of the other brokers, ETrade, TD Waterhouse, Scottrade......

Step 1 : consult an accountant Step 2 : see step 1 I am not an accountant...but I don't think they can force you to file them. And what's with "didn't need the deduction"? If you have that much money, would you mind sending me some? :D :D :D

I let it run unattended but I do monitor it from work on and off all day. So if there were a significant problem it might be an hour or two before I noticed....potentially there's some risk there but I have redundant ISPs, two routers, RAID disks, etc....not that windows couldn't crash but so...

A relative has an LLC they use for trading and they would like to open a sub-account under my FA account. I will still be trading their account. Would having an LLC as a sub-account require switching to professional fees (even though I am not charging anything to manage their account)? I'd like...

I do the exact same thing with a F&F account. I agree with what ceftrader said -- as far as I can tell they're the same except for the fact I didn't need to register. SSB

Maybe it's checking the version of TWS so it can give you those annoying popups?

I used scottrade -- they were fine for stocks but mutual funds were another story. Everything is manual -- orders disappeared on several occasions. Given the cost structure there's no reason not to move to IB (I was previously prevented by my job -- when that changed I moved all my accounts to...

Why aren't you using IB?