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Assuming it's not currently at 3 with a yearly range of 0.1, a daily volume of 100, and wasn't created with MS Paint, I might consider it. What the heck is it, some kind of straddle?

Well, if you actually do take the 0.1 seconds it requires to cut and paste the link in to your browser, you'll see that it's pretty much as described: a journal describing some trades and methodology. I didn't see a hint of anywhere I could click to part with my hard earned cash. Is it chock...

Read up on money management as that tends to be the last thing most people focus on when they start out (it was for me). Tharp's book "Trade Your Way To Financial Freedom" has a good introduction on risk management. I also found John Carter's book "Mastering the Trade" a good read. These are...

From using IB (had an account for about 5 years), here's the pros and cons that I've found: PROS Trade almost anything under the sun(except mutual funds)Reasonable (but not the lowest) commission schedule/pricing.Customer support is not too bad (when I've had questions, they were always...

Very. You might want to look at the volume that was traded. It basically doubled for a profit of $0.07/share, which means you'd need a boatload of shares to make any decent money. I'd also be leery of where you got the tip to watch the stock from...those penny stocks are classic media for...

Could you explain how you are going to "arb" it? I'm not familiar with that terminology. Thanks

Same thing happened a few years back with the MSFT special dividend ($3). Option strike prices were adjusted accordingly, so, as was mentioned in a previous post, you can't get a free lunch.

If you have 5k for your account, my advice would be to start with the sim account to learn the basics of your trading platform. When you feel comfortable with that start with micro-lots or (better yet) find a broker like Oanda where you can trade as small as you like. This allows you to...

The Ninjatrader automated system is basically C#, so if you have any background with that, it might speed the learning curve. I believe it is $60/month or you can pay a one time fee of $995 for a permanent license.

Correct...if your fee is less than $1 on shares, that's what you will pay. I believe the basic US data is free (well, if you make $30 worth of trades, otherwise you are charged $10/month). I have never had a problem with executions/stops, although I only trade very liquid markets and I am...

You also don't need to run out and purchase Visual Studio to test out the Visual Basic/C# stuff as I think you might be able to do what you need using the free downloads of Visual Studio Express.

You can connect to IB in pretty much any way you like: C++, C#, Excel, Visual Basic, Java, etc. I prefer to use .NET and c# because my background is in C. There is example code in all of these (including Excel), but I'm most familiar with Visual c# and Visual Basic (little bit rusty on VB)...

The one advantage with using ThinkorSwim for those type of orders is that it is supported by their platform...therefore they are kept on the TOS servers rather than your PC. Since IB doesn't support those natively, any method you use to implement them will be at the mercy of your computer setup...

Yep, this trade is going to go through and maybe it's worth $100. If that's the case and it can be manipulated and those who can manipulate it know it's value, why would they buy it for $100 when they could drive it down and get it for a better bargain before running it back up? Just because...

ThinkorSwim will allow you to do this quite easily, although I think if you want the sequential orders to have sequence chains as well you might have to edit those individually. I've never taken it that far. Here's a screen shot showing 4 orders, each of which will become active when the...

An even lazier option is to just export your executions to an Excel file (since ET supports those uploads). I think most brokers support that as well.

Do you have a basket of stocks that you pull from or do you grab whatever meets your screening criteria? Are you primarily a smaller-volume stock player? Just curious as most of the tickers never pop up on my radar. Thanks.

Jeff, perhaps you could just post a quick screen grab of your executions for the day? That's nice and compact and doesn't take much time (or share any unwanted information).

I expect it to pass, if it doesn't, then it would probably really tank, but I'm taking a shot that there could be some near term weakness that pulls it back down a bit. This is not a long term trade by any means. I've given it a little bit wider stop at the beginning (position scaled...

Thinking of going long Jan10-90 Puts. Target is somewhere in the recent gap (ideally the close of the gap, but we'll see how it responds). ProHuge gap up, lots of open profit on the tableDidn't participate in yesterday's run upDeclining volume over last 3 days. Smart money was long before the...