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I will be almost exclusively intraday, most positions between 5 minutes and a half hour, I believe. Sub minute scalping is something I might try down the road a bit, but not initially. Multi day or week swing trading doesn't really interest me. One minute and five minute candles I think I can...

Helps a good bit, actually. I hadn't thought of it in terms of percentage of trades that should stop out. Naturally some should, some shouldn't. Too many stop out, and there are simply too many small losses and too many commissions for trades that failed. Too few, and those losses while fewer...

Wow a light bulb just came on there. Thanks for that. So, I want to do what everyone else is probably going to do, but before they do it instead of when they do it or after they do it. Definitely sounds like a strong factor in making ANY order of ANY type. And stop out earlier rather than later...

So many ways to decide where to put an initial stop order, that all make sense. A percentage of the last charted up or down movement? A percentage of the difference between the buy in and a resistance or support or VWAP or an average? Maybe a closer stop if the entry is at a suspected rather...

War.

Awesome observations. Hope the OP takes them to heart.

RISK MANAGEMENT. Essential in both endeavors. Understand that the markets are somewhat manipulated, and orders are not always executed in time to achieve your objective. Think of it as trying to get a bet in the pot but it just won't go, and you finally get the bet in on the next round, at...

Wow Padu that's pretty awesome, that you were able to make a go of it, trading with $200. Seems like commissions would have crippled you at that level. Good luck with the $7k account!

Dead easy! The installer is a real hand holder. Mint is probably just as simple. Debian is not just for ubergeeks, either, actually. I am loving Ubuntu, me. I have drank the koolaid and it is good. I will never go back. Tried Red Hat in the early days. It was a nightmare, then. Ubuntu is easy...

Scuse me for speaking out of turn here, having zero experience and all, so take this with a grain of salt FWIW but my observation is day trading, particularly day trading in equities, is NOT a zero sum thing. Day traders are not insulated from investors, swing traders, or fund managers. We are...

I think almost any decent desktop from a big name brand made in the last 5 years, with only a few mods such as SSD drive, plenty of RAM, and a good graphics card, will do you just fine. The trick is to keep the software from crippling the hardware. Something WinDOHs isn't very good at. If your...

Now I don't feel so left out. I wanted to give them a try but they don't support my operating system and I would never use WinDOHs or Mac even on a dare. But I bet your problem gets fixed soon.

The fact of the matter is it is a criminal offense to enter this country illegally. Period. America has bent over backward to accomodate enonomic refugees, even going so far as every or nearly every administration giving once and for all, last time ever, this is it, amnesty to all illegals...

Okay thanks for those replies. Hope nobody looks at my questions as hijacking the thread. Now I think I have a better understanding of what happened and why.

Oh. Too bad. Looks pretty good for WinDOHs users, though. Thanks for the reply, Robert. I looked, but didn't find it in the LightSpeed FAQ.

Linux? Both ToS and TWS run natively on Ubuntu Linux. How about LS?

The Dell laptop I am typing on works fine with Ubuntu 16.04. It even enables the touch screen which I discovered a couple years ago by accident. Only the touchpad is a bit sensitive and senses my hand hovering nearby and does crazy things like moving the cursor while I am trying to type. I am...

Going cashless might be convenient and efficient, but it also generates a lot of data that can be used or even misused, that I am not particularly comfortable with, speaking for myself anyway. This is totally beside the point that many of the poor do not have credit or debit cards, and with...

So what would make the account eligible for a PDT reset, besides a deposit to bring the account balance up to $25k? Or the passage of 90 days since the offending trades?

So just to clarify, an underfunded trader can make HOW MANY day trades? I thought it was four in one week. Is the open and close of a single position in the course of a single day regarded as one day trade, or two? Let's say I buy 200 shares of WXYZ, place a stop order at 20 cents below my...