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TC2000 is a good end of day source to use directly in Metastock. It automatically exports in the Metastock format if you choose. It has customizable scans and great industry groups. I believe it's $29.95 per month for unlimited stocks and indices. I use to harvest new stocks every week or so.

From the posts here, it would seem that the specialist uses market forces (large bids say) to be his backdrop where he'll become a buyer. How is that any different than the Nasdaq ebbing and flowing to concentrations of buyers and sellers? I've always wondered if the specialist method is...

Please take poll at http://www.elitetrader.com/vb/showthread.php?threadid=2707 regarding this subject. Thanks.

Since it's hard to quantify the overall feelings regarding discussion of IB on the boards, and determine if people think it's a distraction, helpful, or neutral, I thought a Poll would be a helpful way to come to a consensus.

I found out about IB from this site, and am impressed with the company listening to opinions expressed on this public forum. If they were all private opinions others wouldn't benefit. Since IB is benefiting many traders, it is being discussed and others can get in on a good thing. If they...

I know about the boxing problem. I do go into a long and short position with the same stock in an emergency situation such as yesterday, but I don't sell the long to create a short position, so I would assume I'm safe. I would cover the short then the long in that order. If the SEC wants to...

I have two brokers for safety, but mainly for shorting stock. If I can't borrow it from one place I usually can get it from the other. Yesterday I put buy stops at my second broker to cover short positions I had at IB. None of them were needed luckily.

If you can't be there, I guarantee you'll like stops rather than buying the night before or on the open. All the false assumptions you miss (like today) will more than make up the small profit you lose setting stops at S/R. Think about it, for a stock to go higher it has to pass your stop, but...

Tony mentioned the close being in the lower 10% of a stocks range results in a high probability of it following through to the downside, this is also true the other direction. Have you ever watched a good market rally and at the end everyone scrambles to get in on the close? They know its a...

I think it's an awesome business model, with good risk control and hundred's of traders generating 5K-10K each per month, I'd buy in. It would be interesting comparing your revenue generation for the firm vs. everyone elses, not necessarily trading profits. They don't see much of your day...

First, why are you holding overnight? Why not wait until morning unless you have a high percentage chance of it going up the next morning. If a stock closes near its high for the day thats positive, and better yet if the market does too, with good breadth. It's too risky to hold overnight...

Hey Hitman, if someone made me $500 in commissions a day I'd buy them 10 monitors. You figure in 20 trading days that's $10,000 per month. I wonder what Worldco's net is? Punch Mrs. D in the nose for me.

Today is a good reason to have a backup broker.

First I'd like to say that IB is a great service and I have hardly any complaints. But, they could improve in two areas: 1) Show the shares available to short in one of the columns. This way you don't place unnecessary orders or have to login to the websites short list. Cyber does this or...

I sold short MSCC via IB yesterday (October 17th, 2001), but covered the same day. I tried to short again today and it's not available at IB? It's in a perfect position to short and its not available now? Why can't IB post the actual shares available to short like Cyber does, and why...

Same problem here. Back in now as of 8:00a.m. PST. Quotes are way behind my Qcharts though. Maybe they are getting a denial of service attack? I'm currently trying to cover a short position @ 8:38a.m. PST and it says rejected, can't value contract at this time. This sucks because it's...

How do you know so much about Hitman Doogie? You've only been here a few days?

Only disparaging posts and wildly off topic rants get deleted. Wareagle is the moderator, so it's his job.

Hi Alex, I noticed the high for your stock was only $22.85. You can't put sell stops above the stocks price or it will be invalid. You can put a buy stop above however. If you want to put a stop above a stock to sell it needs to be a limit order at the higher price. When a stop is...

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