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If you don't want the rights, you can sell tomorrow and rebuy the common later, or you can hold the common and sell the rights once they start trading.

How much of a daily fee are we talking about, and roughly how big is the account?

Freedinner - you have a lot of good ideas, but your model has a single point of failure. How many times have some technical glitch shut down some exchange for a few hours? If that happens across the close, all sorts of people will be unhappy. Multiple exchanges have their problems with...

If it's a big enough hole, you'd be worth something to an heiress as long as you stopped trading.

The old rules were low rates on long term gains only. The newer rules apply to both long and short term gains. Beware of gains accrued before moving, but that doesn't matter much for traders.

I did 100. I think my preference was first for consistency (on a short term scale, small fluctuations), and then secondary factors were things like smaller/fewer drawdowns, consistency on longer scales (fewer periods of chop vs modest profitability), and, when there were larger periods of...

If you were selling a long position (not selling short), the uptick rule shouldn't have applied anyway.

Retail people lose money and complain, media picks up sob stories about Evil Banks and their complex ETNs that are "designed to fail", and FINRA feels the heat. Like most regulators, their logic goes like this: Something must be done! This (regulation) is something. It must be done...

Your understanding is correct. IB's margin rates are much much lower than any of the retail brokerages, and they drop for higher margin balances. For example, over $1M in margin balance, IB charges 0.58% on the marginal dollars borrowed. When I have a sufficiently good opportunity, I have...

You think they need our small time strategies when they can tap the phones of world leaders or eavesdrop on major merger negotiations?

The top ten earners for 2013 - where $25M is a rounding error.

When 6.6x isn't enough, its time to open your own brokerage. Then you can give yourself 100 to 1.

Haven't used it, but looks like you can customize it to take or not take, how big % of volume, etc. https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Forders%2FvwapAlgo.php

Margin debt is way up lately. Previously that hasn't ended well. http://www.advisorperspectives.com/dshort/charts/markets/nyse-margin-debt.html?NYSE-margin-debt-SPX-since-1995.gif

Read the details from the paper, not the media summary: http://www.elitetrader.com/vb/showthread.php?t=282362 The academics found numerous examples of blatant violations of the SEC trading policies, as well as good statistical evidence that insider trading was going on despite the...

Not much has changed since 2009 when two high profile SEC lawyers were caught red handed trading against SEC policy: http://www.cbsnews.com/news/sec-attorneys-probed-for-insider-trading/ Four years and no disciplinary actions later, not much has changed. New FOIA data shows SEC employees...

Taxes. Or did you want a list of all the things they get wasted on?

Single stock risk is always there - sudden good or bad news, etc, that someone else knows before you do. The best you can do is diversify across stocks. Broad market risk like the Fed, up or down markets, etc, can be hedged with other instruments pretty well.

Kinda fun, are you supposed to do any particular number of trials? I was doing quite well for a while, and then reverted towards the mean possibly from lack of concentration or bad luck. Ended up with a bit over 0.6 in maybe 30 charts.

If you don't like the way they round for interest purposes, take the other side of it. Sign up for IB's stock lending program and get paid double what you expected.