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Sure it is, for the traders they want anyway. A lot of people might like no fees, no catches like ameritrade advertises, but IB has the lowest commissions in the industry, and they should be pushing that as hard as they can. Sure, IB has some fees and catches, like you have to cough up $10...

No, it's not. It's a waste of money.

The US has no way of legitimately paying the 9 trillion $ debt. The only way out is to inflate it away.

Nevermind.. I can't edit it anymore, lol. I ended up getting: Case: http://www.newegg.com/product/product.asp?item=N82E16811166004 CPU: Intel E6600 GFX: BFG 7900 GS Hard drive: 4X 250 GB w/ RAID controller ( http://www.newegg.com/Product/Product.aspx?Item=N82E16816131003 )...

I already ordered my parts. I'll edit my main post w/ what I got.

I leave my machine on all the time. Thunderstorms don't concern me, I use an APC RS-1500. It comes w/ a gaurentee that if lightning or other electrical problems damage your equipment, they will pay up to $25000 worth of damage, and my equipment isn't worth nearly that much.

I see buying a $1 lottery ticket as throwing 50 cents in the garbage. I know I have no chance of winning. It's like buying deep OTM call options, why bother?

I only got a 100 share allocation unfortunately (bid on 300). I was hoping for a nice run up, but I saw it starting to tank and dumped at 33.25. A few seconds later it was under 33 All the hype was for nothing :(

I used to, until I started understanding expected value. After that, I've never seen a situation where there was positive value in buying a lottery ticket. After calculating taxes, etc.. Your return on investment on a lottery ticket is < 50%, even w/ a huge jackpot, the ROI is at around...

Can you do it at IB?

Implied Volatility doesn't mean shit when there's something like an FDA decision that makes or breaks a company. Shorting strangles on DNDN is suicide. It's just too easy for you to get royally screwed on this.

arbitragers can use MANY tools to arbitrage futures price descrepencies. Options, do a synthetic long/short with those -- that's equivalent to a future, EXACTLY equivalent, with just pin risk if it's a stock, if it's an index they're cash settled, so it's totally risk free. For the S&P...

Just wondering, how come IB's commercials don't mention the fact that you can trade with practically no minimum.. just $1 / trade. ESPECIALLY options, no ticket charge, and just 75c / contract. Because honestly, you guys make the biggest point of the commercial that you can trade all kinds of...

Well, I'm glad I dumped my shares at 10:43. I think this IPO will end up trading in the 30 range, with a market cap around 11 - 12 billion, just like every other retail broker. The hype was all for nothing :( The stock isn't going to tank to the low 20s though. This isn't some shitty start...

Well, I was dead wrong. So i dumped at open. It's not like I'm going to sit around waiting for it to hit $50 :p

Actually, they left $120,000,000 on the table by giving a 10% discount to the $33 real auction price.

I dumped at 33.25 after it started to tank.

about 7 million shares changed hands in the first minute btw. then about 1 million in the second minute.

Oh well, could've been worse.

yeah.. what a shitty IPO. Only got 100 shares too, waste of my time >=(