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Commissions are not your only transaction cost.

"Wildgoose" .. seriously.

Sick horse you say? Luxury ... http://www.youtube.com/watch?v=Xe1a1wHxTyo

Fools, liars and failed traders selling advice.

Partly because there are zero retail day traders with an edge greater than spread + comms. Excited retail day traders .. market maker heaven. One or two, it seems.

What he said. Also .. if you have a HUGE edge, that happens to skew the odds 51/49 in your favour .. but then you scale your trades by paying another transaction cost, and another, and another .. you will be diluting your edge. Commissions hurt your edge. Paying the spread hurts your...

Why no ADRs? Are we jus talking FX move issues [hedgeable]. Also, why is a wide spread an issue .. if you're receiving it :)

IB offers cheap comms & it has a reasonable API with a FIX interface accessible to retail. I think that's pretty awesome in itself. As for charts .. there are lots of specialist chart providers out there .. for those who want to believe that charts add value..

p.s. I meant drag-and-drop GUI design, within the IDE, to layout the screen controls..

You might find that network latency is a much bigger problem. 1 thread may do just as well.

While this thread is a bit serious, and somewhat disturbing, I will add this personal comment. *** It might be worth trading on a simulator in the evening, whilst working a regular job during the day. *** There are plenty of markets open near 24 hours – fx / futures etc, so wherever...

I'm going to assume that Timberhill does not use TWS in any way to make markets... JFreeCharts or not.

What about GUI tools for Java? Anything drag & drop out there, or would you say the C# IDE tools are easier?

50% - costs. Why is it assumed that cutting your losses and letting winners run works? Do you think this works for casino games too? Really?

If you are suggesting that you can tell "at a glance" whether a trend or a range will continue, then you will do very well.. I'd say however that all participants have a 50% chance of telling whether a trend / range will continue. Random, minus costs. Try your luck with some historical...

Along the same lines .. if your skill set is insufficient to get a job at a prop firm, HFT firm, hedge fund, brokerage or bank, then you're unlikely to have the background competencies to be successful trading as an individual .. not to mention that individuals have a negative bias due to comms...

Some examples. Moving averages: - When following a trend, buy when price crosses above the average, and sell when price crosses below the average. Works fine for long trends. Fails in ranges though, because when you're buying, price is about to revert back down below the average. Many...

Terrible advise. More effective to buy an ETF. You suggest to pay all those comissions instead? As stated before -- this is not the place to seek actual investement advise.

True that. It's amazing that so many discretionary traders believe that their art gives them a perceived edge... While so many algo traders show that discretionary trades add nothing to their demonstrated edge.

The puts will generally price in the dividend. No free money there. Also, in some jurisdictions holding puts over ex-div will effect the way the dividend is taxed.