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I don't have any more time to try to educate the uneducatable. You can rant and rave your nonsense without any more comments from me.

Total nonsense. Do you really believe that the cash market prices for crude oil, gold and grains will collapse because futures margins are jacked up? You are also ignoring the fact that every long contract in the futures markets has to have someone short the same contract. How are the shorts...

Oh great, another financial genius. How do you know that raising the margin requirements on oil to 50% from 5% wouldn't force all the shorts out and jack the price up 100%.

You use smurfs.

Ever bother to read Scottrade's SEC Rule 606 Report ? Scottrade sells 100% of its order flow to the third market. I'd rather pay IB the $100 and get decent and timely fills.

VDM was delisted from the NYSE and now trades as VDMHY in the Pink Sheets. Better cover your short sometime soon before your broker does a buyin at an unknown price to cover your short when the forced conversion of the ADR happens.

Stay away from VVR, unless you understand the risks. VVR is a floating rate junk fund that has gone from 9.09 down to 5.77 in the past year.

Fed Funds are at 3.00% (and heading lower) and the yield on the S&P 500 is 2.35%, so you figure it out.

If you are ugly, power hungry, controlling, sanctimonious and have multiple personality disorders you have to pay up or you don't get any.

No one with only $500 or $1000 should even be trading. Wait until you have at least $10,000 and try again. Better yet, wait until you have more than $25,000 and can avoid the PDT rule for stock traders. Undercapitalized traders have zero chance of making money. What kind of straightforward...

I do my own taxes because I've always done them myself and I like to understand the tax laws. Trading futures makes for a easy tax return and gets the tax break of 60/40 treatment.

Futures expiration is exactly one day earlier at the normal morning settlement for the major contracts. Full information is available at the CME website.

The activity statement and the transaction report are separate and distinct. The activity statement is not available until the next business day. The transaction report is available the same day. I think you should look at your TWS audit trail file for Friday and see what it says about any...

If IB really wanted to get aggressive they would lower their futures commissions and put major pressure on their competitors.

Did you do one side or a round trip? What about your transaction report for Friday, what does it show?

IB has plenty of credibility, you have zero. There is no way IB can be making money off of pikers with only 5K or 10K in their accounts. At year end 2007 IB had 95,000 customer accounts with $8.8 billion in equity - an average of $93,000 per account. Please do IB customers a favor and stay away...

If you would take the time to read the IRS instructions to brokers for 1099-B reporting you would see that brokers are not required to report option transactions.

I never heard about Gary Williams and his overpriced courses before, so thanks for the information and review. This guy is really under the radar, the only other useful information I can find about him is in a single blog. The vast majority of people don't realize that options trading is for...

If you want a 2 hour commute to NYC then just move to Philadelphia. There are more than 1,000 people a day commuting from Philadelphia to NYC. Most use Amtrak, but some use SEPTA and New Jersey Transit trains or drive to Trenton, NJ for the trains. I have also heard about people from Wilmington...

Now I found the Bloomberg story on TWA and ABK - large buy orders on the close, probably shorts covering before the weekend. "March 7 (Bloomberg) -- Ambac Financial Group Inc. and Thornburg Mortgage Inc. surged on the New York Stock Exchange after investors traded blocks totaling at least 10...