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Thanks for the clarification David! Kirk

I apologize if this has already been covered in another thread and I just missed it. But for some reason, I can never get a straight answer on this. Am I reading this correctly that daytrading buying power will be the SUM of all opening positions during the day, regardless of the current...

Something else I just thought of. Would there be a way to indicate on the main page if you have any private messages in your inbox? I always forget to go check it and then find out several days later that I had a message. I suppose I should just get better at checking. :) Kirk

Hi Baron, I am still digesting all the new changes...they are great. I like the buddy list feature. What about a live chatroom? Just a general room that everyone could pop into when they are on the board. It seems like I read somewhere here that you used to have one, but that was before I...

Wait 'til you graduate...the income potential in the lucrative field of Roman History will be hard to turn down. :) (I am only kidding of course.) Perhaps, but I would rather set my hair on fire than work for Avon or any other MLM scheme. Its not about income potential..at least not for...

Ha! If it was up to me it would be the death penalty...but I am probably a little biased...:D

Hitman, I have had a similar search, and always thought one day I would be trading many instruments, stocks, futures, forex, etc. Basically running my own global hedge fund, just not with anyone else's money. Who knows if it will ever happen. I just want to be really good at one thing now...

Exactly. This is a pet peave of mine. I dispise most trading "vendors" because so much of what is out there is completely worthless. I know because I've tried much of it. I think it is a type of initiation for new traders as they search for the "holy grail". I was no different from anyone...

Yes, Yes, Yes...excellent posts...all of you. This area has always fascinated me, because all of my college economics and finance professors told me I was crazy to want to trade. We debated the EMT ad nauseum until I finally gave up. I think, with the exception of Wet (he being the only one I...

fast, If a market is perfectly efficient, it is implied that all participants have equal and total information with regards to pertinent information about that market. So, if you argue that unsophisticated investors participate in the market without the same information that "sophisticated"...

gerry, I use IB and have had absolutely no problems with them. I know a few people have mentioned that their stops have gotten lost in the system, but I don't use their stops so I can't speak to that. I have my buy/sell limit orders set up on hotkeys, so when I need to buy it takes 2...

Vikana, Thanks for the reply. After a lot of research since I first started this thread I have decided, for now, to stick with futures. I agree with your advice 100%. My main attraction to an office was to be around other traders throughout the day, for the comraderie and the ability to...

LOL LOL LOL! Baron, that's the best laugh I've had in weeks!!!

tymjr...nice to know there are others in the same boat too...thanks for the kind words. Kirk

Excellent post neo, my sentiments exactly. The other thing I like about futures is that there is only one execution route. You want it, you just buy it. While managing execution routes can be an edge to a good trader (see many of Turok's posts), I hated it. I always felt like I wasn't...

Yes, I love the changes too! I really like how you can click on the number of posts a member has and it will pull up all their posts with the text...no more hunting through miles of threads to find that one post that I wanted to re-read...this is great! Thanks Baron, Kirk

While I don't disparrage Hitman from trading every day the market is open, I don't agree with shortnfool that you have to trade everyday to be a "real" professional. Taking a day off or a week off or the summer off to relax and refresh your mind can do wonders for trading performance. Don't...

LOL...They won't be able to afford Stewart :) I wonder what CNBC and the like will fill their ad time with now? At least we had good commercials in between all the talking head blather scaythe. Kirk

I don't disagree with you tradecourse, but there will only be interest disparity, and no $8 bucks a trade or payment for order flow a couple times a day...that will have to hurt. Certainly more than the arrogance of Ameritrade's spoksperson would lead you to believe. And if they can't trade...

EC...yeah, that one is funny. I also thought this quote from Ameritrade in fast's post of the WSJ Online article was just plain stupid: "She acknowledged that some of the Omaha, Neb., firm's other customers may be surprised to learn that they are day traders under the new rules and face...