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In what country?

As fas as I know online gambling is illegal in US.

It's very hard to make a fortune by competing againts other intelligent individuals. There is so little edge in that if any. I don't think that any serious trader/investor who is keen to make a living off the markets will fall for this idea. The financial markets are so much better instruments...

I think fighting the market is stressful enough on people. Why would someone want to aggravate the pain by competeing against other people?

No comments before I see it myself.

What's the link?

cef - central fund of Canada, invests in gold and silver bullions.

I personally don't understand this concept of stock ownership turnover. So does it work: pick up arbitratrily any day, add up the volume cumulatively starting this day until it equals to the float and you get yourself change in the stock's ownership and therefore change in trend direction? This...

Can somebody please give insight on tax basics & bookkeeping of this strategy? If options are held until expiration are they taxed as regular interest?

Those people are rare & they do not like to brag about their profits.

http://debka.com/

Yes, etfs are traded as regular marginable stocks. This includes selling them short on margin. You cannot short in retirement accounts because retirement accounts are not marginable.

I guess you gyes mean that we are still in a downtrend, right?

So all the German prime-ministers were anti-american? And all the Japanese prime-ministers were anti-american too? As for exchanges shut for years - then the banks will be shut for years too. Every asset is going to lose its value. Nothing is relevant any more.

Switch to swing trading

pxn - powershares nanotech etf.

In my mind you don't have to do it yourself to be a sucessful investor. There are many good high quality professionals out there - warren buffet style - you can trust your money with. But in any case you have to read a lot & educate yourself a lot to find those people. The learning process is a...

I suggest you find a broker first that will allow you to do a demo trading. I believe IB has it. Because of the size of your orders it most likely will be broken up into smaller orders and each will be filled at different prices. Only this way you can be sure that the strategy you had...

By the way how did you do your papertrading? As fas as I know only IB offered papertrading just recently. No other broker has it.

My advise to you - go with cheaper option. If you strategy does not depend much on the commision cost it should not depend on all other factors either. If you are going to buy at market price than execution time is not a factor. Maybe even scottrade will do it for you.