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If you have a margin account you do not have to wait for settlement. You can make as many trades of $100,000 or less as you wish.

I believe the section of the SEC notes that apply is as follows: "(3) Day-trading buying power. The amendments limit day-trading buying power to four times the day trader’s maintenance margin excess. This calculation is based on the customer’s account position as of the close of...

I signed on with TAL recently. I've lost my connection to the server once but got kicked to another server immediately. Apart from that everything else has been fine.

Traderx Alas, you've found my secret. Time for me to go back to my old job.

I use Realtick for quotes/charts etc...IB for execution. Quotes from Realtick (direct feed from Townsend Analytics) are pretty much in sync with IB. Realtick is expensive but so far worth it. Haven't had any problems.

Predictor Please email me if you have any questions.

MJT Oops! I just realized that Elite is a seller of Appian products. I apologize for my recent couple of replies to Predictor and have removed my posts.

"....maybe I am bitter and sceptical and cynical...I have earned it. I see too many young people get into trading as it's a hobby and a casino. Don't get me wrong I love to gamble !!! I played poker, lived in Las Vegas, played stocks and traded futures on the floor. Basically a hard core...

To each his own.

Is there anyone who uses or has used realtick III directly from Townsend but use another broker for order entry. I am planning to use Realtick but will be routing my trades through IB (for the low commissions) while I'm going through my learning curve and trading small lots. I would appreciate...

I would be scalping/grinding, so I suppose I should start with the recommended 100 shares to get my feet wet and my execution skills honed and move up share size as I get comfortable.

I know that paper/demo trading does not really give a realistic idea of how well one would actually do in real trading. However I think it is a good way to get used to trading software and to test whether or not I am on the right 'track' as far as my ideas and trading style are concerned. Does...

I'd love Echo to open an office in Boston. Would you believe that there are only two firms in Boston area. One retail (Firefly) and one proprietary (Bright). There must be many experienced pajama traders looking for some daily social interaction.

Mjt I will be anxious to see if there are any responses to your question. I have exactly the same problem (2&18GB's). Are both your drives formatted the same or are they different (FAT & NTFS)? Does anyone know how to make this into one whole 20GB drive.

Eugene. Thanks for the info. I will be visiting my local Bright office next week to check them out on the same day that Bob Bright will be giving a free class. I managed to catch about 15 minutes of a Don Bright lecture at the recent Online Trading Expo. I see what you mean by eccentric...

Does anyone experience very little slippage. If so, is it because of execution skills, trading style or broker/platform or a combination?

I live in Boston and would be interested in participating. As a newbie, I would definitely be interested in learning from some more experienced traders in my area.

There are 2 trading firms that I have found in the Boston area. Firefly Trading on Beacon St and Bright Trading in Hingham. Bright is a proprietary firm so you would need to have Series 7 etc.. I am also in Boston and will be starting to trade full time within the next month. Due to the lack of...

I just got an email from MB. "At this time the MBT Navigator platform will not be ready for several more months."

Baron Are you able to use the Ipro function in real time or are you using a delayed quote demo version? If you have used Ipro to execute, how fast and reliable have the executions been? Would you consider this a good order entry option for a newbie until they have mastered better execution...