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    How to start a hedge fund?

    The key element for starting a hedge fund is the legal structure of the fund. This should cost you about 60K-100K with one of the top three law firms in NYC. You could find someone who used to work for the top three law firms that could probably do it for 35K-50K. The important thing to...
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    Online Trading Expo

    rtharp, Did you see that babe in Richard Rueb's booth? I bet my four-month-old grandson would love to have lunch with her, or is it have her for lunch :) I must have cruised by the DTU$A booth at least 15 times on Sunday ... Bill
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    Tony Oz Real-Time Scans now available in RealTick

    Hey Tony, great to see you here. The scans show in the TAL list on my MB Trader, however I'm being told that they do not know when they might be live. So far they do not work for me. Are they working for anyone else right now? Thanks, Bill
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    MGB: Journal

    and ........ 1400 shares in total volume, no wonder its flat ;)
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    MGB: Journal

    If your average win was 5075.45 and average loss was 4889.64 you'd be up $38,501! You have to do your math gain ;) If you had 23 wins and 16 loses and you are up 185 then I'm almost certain that your average loss is much greater than your average win. Nevertheless, congrats on surviving...
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    Question?

    I use http://www.sortwizard.com for scanning with RealTick. I run the scanning formulas from Oz's Wizard book which I tweaked to my style of trading. Gotta run catch a plane. Be back in a month. Now that I'm out of the game, feel free to make tons of money, but when I come back, you better...
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    Question?

    Personally I like Watcher much better than Redi+. I do use RealTick though. Watcher is faster, but I like RealTick charting and scanning capabilities. Bill
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    Question?

    I think they are worth reading, but ... The Wizard book is outdated! The scans are worth the price of the book to me, but I really can't recommend spending 100 bucks on that book. It is a beginner level II type of book. The Stock Trader Book is good, but it gets very technical at times...
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    ECHOtrade's solution to new daytrading rule.

    You win, I lose end of story. Good luck soliciting business on these boards. Seems like you are doing a great job, by your own admission of the emails you are receiving. It's too bad you have financial interest in the readers here. But as you said yourself, "You don't work for free." Why...
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    ECHOtrade's solution to new daytrading rule.

    Hitman, With all the respect, if you can't back up a claim with proof, simply don't make it. When you say things like: "ABSOLUTELY STUPID ... ABSOLUTELY IGNORANT" suggesting that you are way above everyone, you should be able to handle what's going to come back to you. Your choice of...
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    ECHOtrade's solution to new daytrading rule.

    Hitman, First, not everyone is as smart and talented as you. I think you have managed to make that point clear to everyone on this board. You suggest that there is something wrong with me, and I will tell you that my ex-wife would probably be the first one to agree with you. She is...
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    ECHOtrade's solution to new daytrading rule.

    LOL, I'm sure you can handle an old fart like me ;) JB made an interesting point about age. I should add wisdom/experience to it. Put my age and my experience as a detective together and you get someone who can see the glass both half full and half empty at the same time. JB...
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    ECHOtrade's solution to new daytrading rule.

    I challenge you to name ONE firm that went bust and as a result all the clients lost ALL their money. Name ONE! Next, you said, http://www.elitetrader.com/vb/showthread.php?threadid=1446&pagenumber=2 Can you explain what, "I work for ..." means. Finally, professional margin is for...
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    Power Conversion

    Hi everyone, I have to go to Europe on business for a month or so, and I was hoping that someone can help me out with the following. I have a Sony Vaio Laptop. I want to take it with me, but I realize that the power in Europe is 220V. My battery charger works on 110V. Is there any thing...
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    ECHOtrade's solution to new daytrading rule.

    Scott, I feel the same way about Tim Zhu's crappy software as you do, but then again I feel that there are some posters here with financial interest in the prop firms who are pumping them, so I wouldn't expect them to agree with what we are saying. I know many who are in the business and...
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    ECHOtrade's solution to new daytrading rule.

    lol, and how big is your unit :) I guess all those who traded at Harbor were SMART according to you. Is that a good enough argument? No need to reply. Bill
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    ECHOtrade's solution to new daytrading rule.

    TraderJim, Do you have any financial interest in Echo? Bill
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    HOLD BROTHERS

    LOL, It was a joke. Buy, Sell or Hold ... Hold Brothers... get the joke. LOL I never thought anyone would take it seriously. Bill
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    What is going on?

    ktm, There is no such thing as pathetic setup. My setup is two monitors also. Everyone, I too believe that keeping things simple is great. I am just curious to see how you setup your charts, background colors, level II etc. Remember, As a private investigator, I have a license to be...
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    ECHOtrade's solution to new daytrading rule.

    Great Post Jim! However, a few points I disagree with. Some were covered by Icarus. You say, "Now, lets compare that to a regular non-pro firm. From what I understand, anyone can open one of these firms with $5,000 in equity. $5,000!!! That's why on the internet every Tom, Dick, and...
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