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    1/4% Tax on all stock trades pushed in NY Times today

    Britain did something close to this. In late 2009, they added an additional 50% tax to bankers' bonuses, making the total tax larger than the actual bonus. The government allowed the companies to pay the tax, and the goal in part was to encourage the companies reduce the bonuses. The result? The...
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    Tim Sykes Sues StockTwits

    It's nice that Timmy is taking his money-making cues from Rambus-style litigation now. Is there a way I can short his company?
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    What is the best Day Trading Brokerage?

    If you day trade more than 3 times in a given 5-day period in a margin account, and those trades are more than 6% of your trading activity, your broker *has* to label you a pattern day trader and you have to have more than $25K to trade. It's the law. The amount of your margin you're allowed...
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    Partial-filled Straddle Order

    Exchange fees are also a factor in commissions. For options listed only on PHLX, for instance, PHLX charges you .35/contract whether you're adding or removing liquidity. http://individuals.interactivebrokers.com/en/accounts/fees/PHLXoptfee.php?ib_entity=llc
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    Interactive Brokers TWS Bug Thread

    When TWS loses and gets back its Internet connection, the trading window mostly returns to the way it was. Except these lines disappear: (a) lines for orders that had been set up but not yet transmitted and (b) lines for orders that were partially filled and then canceled (by me).
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    1/4% Tax on all stock trades pushed in NY Times today

    Maybe I'm reading your numbers wrong, but it looks like you're basing your conclusion on the fact that your capital remains at $100000 all year. How much money do you make on that $200000 you trade each day? Don't you make at least 1 or 2% on every trade?
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    Pandora

    http://dealbook.nytimes.com/2011/06/14/pandora-prices-its-i-p-o-at-16/?hp IPO prices at $16, valuing the company at $2.6 billion. Revenue last year was $137.8 million.
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    Jun 11. Netflix gets a big thumbs down.

    Netflix has 23.6 million subscribers. If only 2000 of them post complaints about a new user interface, that seems pretty positive.
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    Mee --> Anr :-(((

    You should also have received $10/share in cash.
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    Howcome my shares are not sold although mine is cheaper?

    After you placed your order, was the quote for best ask equal to your limit price? One time at E*Trade there was this one stock where the price of my order was never displayed, both when I bought and when I sold. It was for 200 shares and no special conditions. I placed the order inside the...
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    Age discrimination

    Is age discrimination illegal in this instance? It's not an EEO situation.
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    Maximum daily price fluctuation limit

    Which country are you interested in? In the US, some commodities futures have per-day limits, but stocks and options on stocks have no limits.
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    Groupon

    2010 revenue was $713M, gross profit was $280M of that, but net loss was $389M. What did they spend $670M on?
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    IB account management login

    I don't install flash or acrobat. But when I have to use sites that require them, I run Google Chrome, which comes with the latest versions built in. I don't use Chrome for any other sites.
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    Option Spread Greeks in IB

    In the settings panel, go to Display/Ticker Row. Tick the boxes next to the two "Show last known quotes..." lines.
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    sun java on Ubuntu with IB TWS

    I gave up on java on Ubuntu 10.04. TWS and Ameritrade's Command Center app kept on killing the window manager. I now run them in a Windows XP virtualbox session. Virtualbox has a nifty feature where it can hide the Windows desktop and show your Linux desktop, so it's almost like having your...
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    PNSN Penson Thread Deleted

    Can these rules be placed in the help section? If people knew the rules before they posted, it would save them, and the moderators, time and effort.
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    Overnight Jobs - Turn on via BIOS or OS?

    If your computers, after powering themselves off, can be powered on by turning the incoming power off then on, an easy way to do this with a customizable schedule is to use a networked power strip (aka switched PDU), such as those from APC.
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    Question about Mobile Platforms and Emini's

    Bandwidth can be a consideration, but many trading platforms are designed to work even with dialup-speed connections and are conservative in their data usage. According to the Traffic Monitor feature on my McAfee AV, I'm currently using an average of 60 kilobytes per minute. I'm connected with a...
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    Question about Mobile Platforms and Emini's

    It'll cost more, but you can get a USB device from your current phone vendor to allow a laptop to use the cellular network. Then you don't have to worry about the limitations of trying to trade on a cellphone.
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