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Really? Are you sure? TradeStation lets me trade SSF in my futures account. Margin 100:1. I haven't traded it because the liquidity sucks.

Those who shorted GS this morning (because it had run up so much) were in for a surprise! I regret that I was too conservative and not long it at the opening gap down near 122.80. Bumped up to 129.60 now. No stopping. This goes to show: shorting a parabolic up-move is a dangerous game. Where...

That's right you can buy and sell over and over and over again within your DTBP in any given day. But in reality... unless you are very, very, very good and you trade every minute movement of a given stock/market, you would typically only do X amount of dollar volume. Your trading platform...

If you are flagged as a PDT (Pattern Day Trader) and you have more than $25000 equity in your account, yes you would have a 4:1 margin buying power. You may trade up to $100,000 worth of equities intraday. But note that if you hold position overnight, you will reduce your available buying...

One thing about going on your own: do you have access to the same (or similar) resources as you would working for an institution. For example, if your bank uses X platform to trade. When you are out on your own, can you still use X platform? Do you have access to the data feed from Y...

After over 20 years of corporate lives, victimized in 2 corporate layoffs, but survived many more and "living on the edge - never know when your company is going to have another layoff again"... I do trading for a living now. My sole source of income. The most satisfying aspect of it is...

musclext: TraderZones has been around for a while. I think if you focus your time not so much on jumping from one chatroom to another trying to locate one that is "good", especially one that is "free", or soliciting for advice from one forum to another, but instead focus your trading day on...

The "state income" loans are not the only problem though. They loaned out more than 100% of your home value (betting on house prices will grow 7-8% a year "forever"). Negative amortization - your monthly payment is less than the interest for the X-year/Y-interestrate loan. And the feeding...

Yeah, you must file schedule D along with your 1040 for year 2007. Simply amend it. Also note that you have lost around $10k. You can only claim $3000 for the year 2007. This can be used to offset your ordinary income (if any). The rest will be carried over for future years (2008, 2009...

The Pattern Day Trader rule is "designed" to save the inexperienced traders from hurting themselves. Why they changed the margin rule from 2:1 to 4:1 is beyond me. Not that I am complaining. I would love to see them change it to 10:1 or 100:1 (like futures).

Yahoo! LOL! Just kidding. There are popular ones. I don't think there is any "industry standard". It is not an area Microsoft is interested in, you know... (yet). I use RealTick and TradeStation. You should use whatever that pleases you and makes sense. Some people do...

I don't know which is worse: have a wino troll who comes out in the middle of night and challenge you to a dual, or a philosophy professor who comes out in broad daylight to talk in circles. I don't read ET to waste time. Unfortunately there are people in this world whose goal in life is to...

Yes, the SEC fee is only charged when you sell the stock.

Are we in a "philosophy" forum? After 15 years of "successful" trading, you still "don't know ANYTHING"? I don't know if you are being extremely modest or what. Exactly: What is the purpose of your post?

Just look at the number of "shares" does not tell you anything. Some stocks/ETFs are low price. You can trade a lot of them. In fact you need to trade a lot of them to make money. e.g. C or AIG or UYG. You can easily trade 50000 or 100000 or them intraday. Some brokerage firms charge...

I agree with this 100%. The past 5 weeks are out of the ordinary. Even the media kept saying last week the Dow had the best 4-week uprun since the 1930's. A lot of people can make good money in a straight bull market. What makes a great trader is to be able to keep consistently profiting...

That is excellent! Keep it up! It's hard to be a profitable trader, let alone having a performance like yours!

On the very first page, he said: What is "peronal"? Not something kinky I hope... :D

I don't believe there is any reason for SPY to drop 3% in such a short time AH. Unless Iran fires a nuclear missile at Israel or N. Korea at Japan or something. :D

Really? I believe on Christmas Eve the stock market opens for half a session (closed at 1pm EST). And so does Globex. No?