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Basically brokerage firms are like politicians thet tell you what you want to hear, kind of like"Pattern Day Trading" rules are for your own "protection". How would you like to clear through a firm where Gary Condit was the "chief administrator". Get my drift.:cool:

Roger 2 The Five Horsemen of the Nasdaq are;Msft, Csco, Orcl, Qcom, Sunw:eek:

Rtharp Thanks Not only does it sound like a great firm to trade at, but also a good one to get yours legs broken too!:(

Candletrader Where is this "intraday volume injection" going to come from with 80% of retail accounts crippled with the shingle of "Pattern Day Trader" hung around their necks? If anything you have probably witnessed the the end of any intraday patterns other then slimjims.:mad:

The spreads on Globex can be very wide particularly in the wee small hours of the AM. Also this if when they are doing their "tweaking" it sounds as you were "twooked":cool:

Rigel You are not totally wrong in being a little suspicious. I use to trade on the floor in Chicago(futures) and any floor broker worth his salt would usually have a "bagman" at his elbow. But the business of a bagman was not totally dishonest, they are in the business of "taking the other side...

Good reply posts by everyone in my opinion, but impression I would like to correct is their is a long and a short in all securities. If a stock has a share float of say 100,000,000 shares only about 8 to 18% might be out for loan to short sellers. Some stocks of late such as Worldcom and Cisco...

Turok Good Post I have also put in a Best ECN Order and had it batted back and forth beween ecn's for thirty seconds until I pay up .20 to .30 higher on the stock. This hasn't happened often but enough to make me point and click "on the money" at one ecn. What Gives. And to Call IB and complain...

Gerry875 It is important to note that for every futures contract their is a long and a short. Actually in my humble opinion futures are a more open and legitimate market than a securities market. They represent a balanced opinion and use function(hedging risk etc.). A securities "market" and...

Grabbit I was short 400 Q's and was ripped .13 on a stop with IB a couple of months ago. Your complaint is not an uncommon one from other IB customers such as myself. Since you can't use floor trader bagmen anymore with electronic routing and executions, I'm sure the smart boys have figured a...

The most important thing you can do is to be on constant alert as for the solvency of these "firms". Schwab laying off 2400 today is just the beginning and not for just layoffs either as I have stated in earlier posts dozens of these "firms" will be going under in the next six months. When one...

If you set up one of these things in the the U.S. in ANY FORMAT just pray everything goes well and no attention comes your way. Because if it doesn't go well the only trading your going to see is when you can persuade the federal prison guard to put on CNBC on the cafeteria TV.

Tom P et al. I'm sorry I caused such a furor over my remarks about Hitman taking a little reflective time here. I can tell he is a very smart man and a very fine trader. I'm sorry if my remarks were so caustic. But I felt he was like a kid in a game arcade in the Seventies who was constantly...

gerry875 If you were one penny under the margin requirment IB would automatically reject the order and tell you why. Usually within one second. It was a platform that enforced a greater discipline upon the trader. All of these LionSec postings are old news to us. The official NYSE screwing...

Vitajex I was not "slamming" Hitman! I just feel he is literally beating himself up and should take a quiet reflective walk down to Battery Park and sit on a bench for awhile and ruminate. Then he could better comprehend the pummeling he is administering to himself. This is not Trading this is...

Hitman Quit beating yourself up. All you are doing is churning your own account and your brain too. Overanalyzation is the kiss of death. You need to take a long walk and wonder if your not going through a midlife crisis with us as the witnesses. Enough Already.

Richard (rfoulk) You have had some fine posts in this and other threads of late. IB was great because they updated you account within seconds on closing a position and if you were short funds wise even on one penny on a trade they rejected the trade within one second so you were never in any...

Time to rally around IB? I wonder if we aren't off on the wrong track totally, maybe IB is our only salvation. Of all the posts maybe Vikana's from earlier today was the best? I was thinking earlier this evening about all the firms we rate in the Brokers section, there is probably 70 to 80 of...

I think the point that is being overlooked is no, it's not these "1000 accounts that spend $10.00 per day or 10 accounts that wheel $10,000.00), this is not issue. If you've ever wondered why their customer service is so wretched at IB it's because they have THOUSANDS of accounts that do...

oOoO"AP:NEW YORK,N.Y.Aug.24,2001;Manhattan Bureau:Mary Jo White,N.Y.Southern District Asst. United States Attorney has announced the most sweeping arrests and conspiracy charges for securities fraud in U.S. history this AM. Seventy Eight people have been charged, fifty seven apprehened so far...