Search results

Are you serious? I got to 30 or 40.

This statement brings back memories of filing my 2002 tax return. I spent countless hours on preparing a statement in place of hundreds of Schedules D1 to report my $4000 (or however much it was) gain from stock transactions, and then I used my calculator for about one minute to figure out my...

This brings back memories of JNPR. I held 200 shares from 50 to 30 in 2001 when I was just starting to get interested in the stock market. I still consider selling at 30 one of the best decisions I have ever made, especially considering how I knew nothing about trading at that time. Anyway, I...

Another thing, When I happened to tune into CNBC yesterday during a commercial break on Star Trek or Tom and Jerry, Bob Pisani (or was it someone else?) said something about index fund managers having to sell the S&P500 at the close. And indeed, right around 4:00 pm EDT, the ES fell a couple of...

I don't know the details of those rules, but let me tell you this: When I started playing blackjack, I was living in Austria. All casinos there have rather unfavorable blackjack rules, use 6 decks and shuffle continuously. My only edge back then was that you would get ATS 300 worth of chips...

There is no "proven edge". The markets consist of hundreds of thousands of people, and nobody knows how any one of them will behave in the future. If a system has worked every day in the last 30 years, it could still stop working today and never work again. Happens all the time.

Dude, unlike in penal matters, it's not how big your hardware is, it's what you do with it! You sound like the kind of person who would use Windows XP, so I'll customize my answer for that case: 1. Turn off all unnecessary services. There are several sites on the internet that attemt to...

I'm not sure I understand. If you trade stocks, you will need $25,000 to open an account. I'll concede that. But other than that, you should be fine: If you make an average of 1% per trade before commissions, and we assume you trade 100-share lots through IB and your average stock trades at...

It is safer to buy options than to trade futures, because you know with absolute certainty that you will not lose more than what you paid for the option, but I'm afraid the probability that a newbie can be profitable buying options is even slimmer than trading futures.

When you discipline a child you can do either of two things: Ground / beat up / scream at the child whenever he does something wrong or explain it to him. While either approach seems to have its advantages and disadvantages, as well as depend heavily on the particular child, I find the...

Exactly. If you don't know how to get on the right side of a listed stock, why not just: 1. hire a trader who can do it for you or 2. trade NASCAM

It's certainly worth giving a try. However, I'm not so sure NYSE will get the worst rating. Have you forgotten ARCA? Or do you define "exchange" only as a venue for trading stocks with more than 20% up-time?

I hate to disrupt this thread again, but I have a question for lindq: Why did you stop at "grammer" and neglect orthagrofee?

You have said what I believe everyone here knows: If I have a system that can turn $2,000 into $1,000,000 within a few months, why worry about selling it? Surely you can come up with $2000 somehow.

Now this might sound a little naive, but: If you have a person outside the US, can that person just open an account with interactivebrokers.com (on the US server) and use the foreign address?

Ok. Let me raise my bid: I will pay you 10% of all profits I make in the first 12 months using your strategy.

I wouldn't be so sure. I think someone here should be able to figure out the strategy I used for this trade: Today in the early morning (NY time) I did this: BOT 1 NQ DEC03 Futures 1396.50 GLOBEX 20030919 02:43:28 SLD 1 NQ DEC03 Futures 1400.50 GLOBEX 20030919 04:38:17

I might not be the average joe, but I bid $0.01.

Sure, those poor institutions are too shy to complain. It is pretty obvious that there are lots of individuals (members of the "public") who specifically prefer to trade NYSE stocks for the way they are traded. And the other question is: Exactly how will it benefit the public if one...