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RC, It appears that you have generated many "POLL" threads in the recent past. Will you be posting a consolidated list of the findings, or are these random ideas?

30 trades @ $9.99....why would you want to keep that platform? $300/month... open an account at IB... you may be able to avoid the 25K by position / swing trading. Probably will need the 25K if you are more active... quotetracker, good charting program and free...

Thanks Brownsfan, Excellent advice and spot on, I do have a portfolio of the corresponding ETF's in my charting software which I use to apply TA for position trades on the short term and set emergency stops on my long term portfolio. I believe in the power of compounding and avoid capital...

the previous poster was correct, you must use the search function to obtain the answer to your most basic questions. Once you have shown your due diligence and have developed more focused questions, many people will assist you. This is not to discourage you, just helpful advice... you need...

Thank you for an honest reply. You may consider reading some of the above referenced books, it may put the Hedge fund book in perspective. IMHO, for a newbie trader, it is imperative that he gain a thorough understanding of the risks involved, discipline required, psychology, history and...

Could you please expand on the benfits to futures. I read elsewhere that they are taxed 60% long term capital gain and 40% short term (or vice versa). Is this correct? Thank you, I personally prefer the positive P&L :)

To add some credibility, could you state some of the other books have you read? How they have influenced your trading? What other 4 books you would recommend to newbie traders? Quite curious phrase "I am pretty excited about my trading career". Does this imply that you are anticipating...

The intent is not to get you banned, but to keep this a trading forum and not a political podium...

In addition, to the above: 1, Candlestick Course, Steve Nison (updated from his earlier books) 2, Encyclopedia of Chart Patterns, Thomas M. Bulkowski 3, Trade Chart Pattern Like The Pros, Surri Duddella Not a personal fan of Cramer, definitely left to the individuals discretion.

For long term investing you can't beat index funds; low mgmt costs and portfolio turnover also help keep taxes low, another hidden cost of mutual funds. Vanguard pioneered low cost index funds, equivalents are also offered by fidelity. To follow is a moderate risk well diversified Vanguard...

CY, How does tradestation compare for securities. i.e. position and swing trading? Thank you,

Very good question, I was of the understanding this was a forum on Financial markets, trading and investment strategies. Not a platform for politics and religion.

Must agree, I moved to Europe and liquidated a majority of my real estate assets in the US just prior to the market softening. I am currently renting, due to the tremendous disparity of land values to rent in Paris and my investments provide a much greater return than I would realize purchasing...

Hoof, Broker assistance will not overcome inexperience. IMHO, if you have no experience trading, obtaining a broker at this stage may be pre-mature... you will need to paper trade for quite some time prior to trading live, more importantly your time would be better spent, studying and gaining...

Probably one of the best decisions you made in your life... The market will always be here. Education is one of the greatest treasure's in this life, next to your children. Congratulations...

IB = $.005 - free data (level II extra) tradestation = $.01 plus platform and data feed (platform fee waived for minimum trade activity) TOS - geared towards options, however, I believe you can negotiate fees for high volume stock trading.

Up and running, Absolutely wonderful... what a pleasure on the eyes... Only downside, all aps gravitate towards the big screen and I tend not to use the 20's much, I just ordered a second 30", wifee and son just inherited my 20's, their eyes are both younger... :)

How can there be traffic if no one is driving?

I must agree with you as well. 90% of what I have gleaned from ET and other forums, were lessons in discipline, risk management and psychology. It was reading posts such as yours which described the risks, dangers and obstacles to overcome which have provided me the most guidance. I for one am...