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The Rapid Fire Swing Trader ebook is nothing more than recycled Connors/Rasche stuff. Just buy the old TASC articles. It's also discussed in a few books as well by same authors. Save your $49.95. I think you may even be able to download that article for free somewhere... I didn't raise a...

Stock/Side/Day Charged at $25.00 Guaranteed Minimum - Trader is charged a minimum per share commission of $130 for each day traded (ie. 100,000 shares X $0.0013) [more fees...] Ouch!

*slaps Aphe some more* Common, dude, stick with your original plan! You've got a good technical mind so let your system do the magic for you!

Sounds like you are trading more like a 'gambler' than a 'trader' that is analyzing the probability and risk of every trade. What happened to that great algorithm you developed with such a strong edge after slippage & commissions? If you don't want to trade eminis with it, surely you could...

Bong, Have you tried using tick charts to see if they give you yet another differnet perspecitve? I'm curious what your stop-loss is and your % win rate.

The problem here is that at the moment in time that a new trader first contemplates the power of equity compounding through trading, they still have a helluva long way to go before they even learn to become consistently profitable on 100-share lots. It's like dreaming that you can run...

Or even bother posting on a message board except for pure entertainment purposes...

My guess is the % is at least half of what you postulate. Also, can't forget the multiple personalities and vendor shills.

IB is not limiting functionality in any way. The very basics of placing orders tells us that (when buying): - limit orders are placed BELOW the market - stop orders are placed ABOVE the market All a limit order does is "ensures that the customer will not receive an execution at a price...

Make 1% a day, make 2% a day, whatever you want, the realities of compound math are real. The difficulty is finding a method that will give you that kind of consistent results with a low risk of ruin. Not to mention you will hit practical limits of liquidity and sanity as your trade size...

Probably a lot less than his ego. But he might have a lot of that too... :D

You not only make money on the dividend for owning the stock, but you also make money because the 20.00 Call and Put are mispriced at $3. This is a European option which means it cannot be exercised until expiration (too late to get dividend), yet the 20.00 Call has an unusual premium...

I only got 184. :)

It hasn't happened very often, and I think outages will be fewer as online brokers and exchanges start adding more and more layers of redundancy. I like having two brokers just in case I need to offset a position in the event of an outage. Also, as a precaution I recommend that you are...

I dated a 10, married a 6, slept with a 4, and now wake up to a 2. Problem is, she's the same person! j/k :)

Yeah, unless you're a big customer. Every agreement I've seen involving any kind of electronic order entry puts the full responsibility on you, the trader. I've had similar problems in the past. That's why I have two brokers, so I can always offset in the event of a bad scenario like you've...

Regardless of the tone of the discussion, facts are facts. Facts can be proven or refuted. There were many people who commented on the issue who had nothing to "sell". Like Gary Smith, a well-respected all-around "good guy" in the industry. Joe Dinapoli was and still is a very popular...

Yup. Like I said many times you can learn anything from anybody, purported guru or not. I'll quote myself: In fact, sometimes even looking at a flawed idea or an idea with no real trading advantage to it can itself give me an idea. That's why as a trader you are always reading, learning...

Go to a book store and read it. Will take you 10 minutes to digest everything. It's nothing more than a trend following method in the disguise of chaos theory. His book has just one general chapter on very basics of chaos theory and that's it. It's as if he had just written a generic book on...

Having a link that will show IP address of poster also helps to reduce multiple personalities. Obviously a determined poster will get around it, but generally other message board have had success limiting multiple personalities with this technique.