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Excuse me? Forces you to sell high and buy low? It seems so easy. Theoretically! The problem is you don't know what is "high" until you are already at the low. You don't know what is "low" until you are already at the high. We didn't know that Dow 14000 was the "high" in 2000. People...

The futures traded a little lower after the US markets closed today. Comes tomorrow if the US markets still go lower (or big gap down open), I think it's due for a technical bounce. Then I would take advantage of it to ride the Dow/S&P futures up.

You are kidding me right? You have £759 as your trading capital and you were able to draw £1,1000per month profit (you had an extra zero it looks like) from it to pay off your living expense? You have been making >140% profit a month trading? With that performance (if consistent) you...

For that matter, you can share folders (and files) using Windows XP or Vista too. Why buy an extra gadget for that? Designate one of your computers as the "server", sort-of. Either use the harddrive that's on it, or hook up an external USB hard drive to it. Create a "shared" folder. On...

I have Schwab StreetSmart Pro (Desktop) too but I have a very different experience. I use it everyday. StreetSmart Pro is crap! I like it a lot more when the software belonged to CyberTrader. Since Schwab bought out Cyber, this software quality went down the drain. The major problem I...

Unlike the Mao years, China is not isolated no more. It is tightly connected to the rest of the world. USA is the biggest country China ships its products to. Now with US being in a recession, consumer spending slow down, China's manufacturing is deeply affected. The raw material companies...

Whether naked or not, short sellers are typically blamed when there is a big market decline. The shorts can't cause the decline alone. They take advantage of the bubble bursting caused by other people/factors. Shorts are vultures not eagles. The prey has to be weak or dying first. If SEC...

The overnight up-run of ES futures provided a good fade this gap-up opening. 714 or so back down to 694. Perhaps a lot of margin calls kick in. Thanks to the die-hard longs who borrowed to bottom-fish.

Same for me. I use RealTick via MasterTrader.com. They told us the NYSE-ARCA route is down.

10 years? Highly unlikely. You know how much it takes (effort and money-wise) to change the existing infrastructure to support it? Diesel is a more efficient fuel than gasoline. How many gas stations have you seen that sell diesel? And how many vehicles have diesel engines? How long has...

I have only used TradeStation so I don't have any comparison of its speed/quality to other brokers. It serves me well. Here is picture of my computers and screens: http://www.elitetrader.com/vb/showthread.php?s=&threadid=43661&perpage=6&pagenumber=428 I have 3 TradeStation logins...

Sorry I missed that experience. I must say while I use TradeStation everyday (mostly for charting), it is not my primary trading platform. No need for sarcasm. I am only presenting my experience. You apparently have very different experiences with TradeStation. Why don't you just present...

I heard that Matress Bank is getting popular. LOL

Why are you taking a tax loss now? You have a different fiscal year? Not following the calendar year? SPY and DIA will be considered different instrument. No wash-sales restriction. In an IRA account this is immaterial.

I use TradeStation. I love it. Trade 5000 shares a month to have the platform fee waived. 1000 shares = $8.00 (First 500 shares 0.01, over 500 it's 0.006). They charge per share. So basically $40 commission worth in trading a month, you can use their platform for free. The data...

You can definitely sell any time. Just can't buy again after selling on the same day (day-trading) for 90 days (unless you have enough cash to cover it).

Unfortunately it seems we are heading that way. The government taking over the banks. Taking over car companies. May soon take over airlines, Walmart, Home Depot, Coca-cola and McDonald's. In a way everything will be run by the government now. The government will take good care of you. The...

For a minute I thought you were just cracking a joke. But if you are serious... This is a ridiculously simple linear equation. Besides, what does it mean "average bank stock price". What does it mean "average housing price"? Those two components are ridiculous enough. The market...

I don't think it will be today. My guess is it will half-heartedly holding the 702 level. Unless the White House calls for an emergency press meeting at 3:30 pm and say something, like "don't panic"... :)

No. But it will kill me if it touches 700.25 and then starts a rally.