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He already has. His new one is called "Stock Market Wizards: Interviews with America's Top Stock Traders" I haven't finished it yet, but it has been good so far. I really liked the interview of Mark Cook. I agree that it would be interesting to know what has happened to some of those...

Basically, the new rule proposals claim to seek to limit off floor market making (as def mentioned), but in reality do much more. The criteria they propose to qualify a trader as a "market maker" are: 1) simultaneous or near simultaneous entry of limit orders to buy and sell securities 2)...

def, Thanks, that must have been the problem because all is working fine now. I like this much better because I don't have to keep a browser open. It may not make a big difference, but it just seems more stable. regards, Kirk

Dustin, Have you tried it out? I downloaded the program and when I ran it I got the regular login box. When I entered the info I briefly saw the dialog box "Login in Progress" and then it disappeared and began to flash repeatedly every 5 or 6 seconds, as if it was repeatedly trying to...

Dustin, Futures are automatically marked to market each day, so I do not believe any special election is needed. I think it is treated as short-term capital gains for tax purposes, but no itemization of trades is required. There may be others here who can better clarify this, but that is my...

def, In addition to Dustin's question, do you know where I can get data for the HSI futures? I have Qcharts and couldn't find any symbols for non-U.S. exchanges. I, too, have a futures only account with IB. The HSI sounds interesting. What are the market hours there? Is it electronic...

icarus618, Well said. I hate to be cynical, but since most individuals don't have the resources to influence the political system, our wishes will frequently take a back seat to those with plenty of cash to contribute. BTW, great word, concomitant, I will have to use it sometime, lol...

DtSec, Most of the traditional discount brokers I've used in the past have allowed for the minimum $2000 to have a margin account, not $4000. So I expect that $25,000 will be sufficient under the new rules, and not $50,000 (people are mad enough over the $25k requirement as it is). With...

Cesko, I agree with you that the original writer of the contract does not really care whether or not it changes in value, only that the risk is no longer theirs. Even if they sell the contract and it goes straight up in value until expiration so that the trader makes a profit, the hedger...

This has been a very interesting discussion, so I have to throw my hat into the ring too. As ArchAngel so eloquently described, long-run games are not zero-sum if new entrants can participate and the life of the game is theoretically infinite. Carl J is right that futures are zero-sum...

For anyone who is interested, Here is a link for contacting your congressman: http://www.house.gov/writerep/ And your senator: http://www.senate.gov/contacting/index.cfm Kirk

Hi all, I received this from BE today. $40/month for end of day data, what a bargain! But, hey, for the "savvy" of you out there, you get 10 free trades with Ameritrade...the deals just keep on coming! This letter makes it feel like an honor to have the privilege of paying them. I guess...

Squirrel, In his books, Tony Oz gives many of the screens he uses for finding stocks. On his website there is a page ( http://www.stockjunkie.com/companion.htm ) that goes over how he uses BigEasyInvestor, a free end of day scanning program. The page is intended to be used along side his...

I am not aware of any vendor that offers the futures a la carte, but there is a list of all CME data vendors at http://www.cme.com/market/vendor.html. Perhaps one of them will have what you need. I still suggest using the e-mini quotes unless you are planning to trade the full contract...

mmuloin, What software are you currently using? Most data vendors can get you futures if you sign up and pay the exchange fee. However, there are some who don't like WOW I think. If your data vendor doesn't offer it and you don't want to subscribe to another data source just for the...

Ruler, Are you aware of any other firms like this that pay a salary and allow you to trade their capital? Have you traded with a firm like this? Are there better setups for someone without their own capital? You seem to have some inside knowlege of this. I am just amazed as I have never...

andrasnm, Thanks again. If the opportunity were good I would be willing to relocate. I noticed they have 2 offices in Atlanta, not sure if there are any other firms like that there, but I would guess there are. I have already planned to move to Atlanta in the summer when I finish my MBA...

MGB, Qcharts is real-time, but you will have to sign the exchange agreements for the real-time data. I think you can do it online and after they are processed, data will be real-time. If you already did that, then you just have to wait. I know it has taken as long as a day before real-time...

Baron, Here are some more: Daytrading: Electronic Day Trader's Secrets - Mark Friedfertig Electronic Day Trading Made Easy - Misha Sarkovich The Market Maker's Edge - Josh Lukeman Tools and Tactics of the Master Day Trader - Oliver Velez Electronic Daytrading to Win - Bob Baird A...

Could someone explain how a firm like this works? I went to their website and couldn't find much information on the details. I have always thought that in order to trade at an office you had to have your own money, even if you received higher margin capabilities by pooling capital. What...