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I mailed a priority letter containing a cashiers check to my broker in Va. from Tx on Monday afternoon. Tomorrow is Friday and confirmation tracking indicates that it still has not arrived. Delivery should take only 2 days (not 4 or more). Does anyone know why a simple priority mailing...

You need to go to one of their financial centers pronto! What state are you in?

Good Point. So since this is the case, why not leave the decision up to the broker who is supplying the margin instead of have it regulated by a governing body? I don't feel they have the right to impose their regulations on us like this.

MORE SPECIFICALLY, THIS RULING IS UNCONSTITUTIONAL AS IT VIOLATES OUR RIGHTS TO FREE TRADE WITH THE USE OF OUR OWN CAPITAL. Comments? :(

I agree with Razor99. We should start a thread on this forum dedicated to forming a class action lawsuit against the SEC. They have no right to tell an individual how often they can trade their own money. If you have limited funds and you are a good daytrader making profits on every...

I'm sorry. I think, minimally, 3 pieces of information should be required. Perhaps: Name, Phone Number, and Date of Birth. Sure, the player can open accounts under multple names but only one name will go on the pay check and if it is not his then he is going to have to try to get his...

No, we were in agreement. I was just saying that your mentioning of using a percentage amount for each stock pick is the correct way of stating what I meant to say. Personally, I would need 3 accounts so that I could employ a different stategy in each account i.e. one might be used to trade...

You are right, Pacridge. My Bad. The old FNN Challenge limited portfolio choices to a percentage. Not a dollar amount. The percentage was 20% of the total account value for each stock pick. So, if the player starts out with a million dollars then he is limited to $200000 per stock...

Yea, I was able to get in. But, afterwards, I could not sell out of the stock position I am in. I entered my symbol and the sell quantity but the Submit button was locked. I think they should restart the contest. Anybody agree? Also, they should take a note from the old FNN Stock...

I would have picked PGNX instead of CVTX for tomorrow. :cool:

I'm in the top 70%... I haven't started trading yet. :eek:

Does anyone know how many people are participating in this contest? :)

Why do you say Buffet Is Not a Trader? Don't you know that's how he has made most of his money? He trades options regularly on the underlying stocks that he holds onto forever. He may buy and hold the stock forever but his options trading has been his cashflow for years. Is that not a...

Optioncoach -- It is also my understanding that if a huge portion of a C-Corp's income in paid out in salary then the IRS may only consider auditing you if the job title the employee who is receiving the salary does not coincide with the industry standard for the average salary that is...

My understanding of the double taxation rules for the C-Corp is that only the remain revenue earned by the C-Corp in a given year will be taxed. So, if the Corp earns $100000 but it pays out $90,000 in salary then it is only responsible for pay taxes on $10,000. Does not the same...

INVESTORSOURCE -- I don't understand. Why do you have to pay $99 per month to use Power Etrade Pro? As long as you do 30 trades per quarter, there are no additional charges to use the platform. :confused:

My limit orders always get filled. Everybody's limit orders can get filled if they time it according to the current ask and if their position size does not exceed the remaining ask size shares. (If you are a gigantic spender, this can happen otherwise no worries). So the question is...

Yes, I use Power E*trade Pro. I love it! Great News Service On Demand. Great Charting Software for Intraday displays as well as Daily, Weekly, Monthly, and Yearly graphs. Everything is up to the second in real time! But, I must say to everyone here that when you use market orders then...

Thanks, ElectricSavant.

"I you don't trade stocks, what do you trade?" I meant "If you don't........then what do you trade?"