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My understanding is that he's refering to how strong his conviction is regarding the direction the market is likely to take. I've never read anywhere that it meant how the fund's capital is allocated. He'll go from 75% conviction to 50% in one day if the market has made a strong move, maybe...

When you claim capital gains you have to include a list of all your transactions with your return. What if you average 50 transactions per day? The volume of your trades is definitely going to raise a red flag. If most of your income is from your trading activities, they'll look closer too...

What is the deal with this group? http://www.securitytraders.org I don't think a union would work with a group as independant as self-employed traders. But an organization that could effectively lobby for traders on important issues would be fantastic. That's why we can get steamrolled...

Pretty hard to beat the prices you'll get on ebay. Of course, no warranty on refurbs, which can be an issue with lcd's because they do tend to drop pixels.

You assume that some people aren't religious, but that everyone has a political affiliation?

If your trading plan doesn't include what to do when the stock doesn't behave as expected, then you don't have a trading plan.

I'm sure your story will mirror many other experiences traders have gone through. I've experienced some of the same things you've already talked about. Losing my money and other people's and not wanting to face the reality that I sucked as a trader and didn't have a clue what I was doing. But...

Well, is it for a living or for a hobby? It makes a difference. If you are trading for a living, your gains are treated as regular income and you pay your regular tax rate. All of your trading expenses are deductible. If you have a loss, you can deduct it against any salaried income you...

It's $30 per million dollars of stock sold. It's based on the dollar amount, not the volume, and only calculated on sales. That's .00003 or 3/100ths of one percent.

For swingtrading, TC2000 has very nice scanning capabilities and is cheap. If you need intra-day data, I second the recommendation of qcharts.

Keep your tired Don-bashing shit out of this thread. Deal with whatever ego-maniacal and personality issues you have in the current anti-Don threads that you frequent. He'll answer the questions if he feels like it. And if he doesn't, and they are important enough, the people who posted them...

When you join a proprietary trading firm, you become a partner in the LLC, although you are a different class than the owners who share in the profits of the firm. You have your own sub-account which tracks your capital in the firm and your p/l, but you are trading the firm's money. Say...

You are generally not responsible for losses that exceed the amount of capital you have in the firm. If you loose more than you have, the firm eats the difference. But all the reputable ones control their risk well enough and are capitalized well enough that one or several traders are not...

I have a few different accounts that I move money into and out of. My trading account is kept at about $40k and whenever the profits get more than a few thousand, I wire the excess to bank account A. At the end of each month I transfer $3,000 to bank account B, which is my day to day checking...

Net $3,185 Volume 342,200 Net cents/share 0.93 Avg fill rate 13.2% Avg gap vs. FV 0.57% Total fills 134 Long fills 60 45% Short fills 74 55% Wins 79 Scratches...

Seriously, how on earth could you expect to earn a living trading this amount of money in stocks on 2 to 1 margin? Even if you were good and didn't have any losing streaks, the size of your positions would be so small that the winners wouldn't make enough to live off of.

Interactive Brokers offers this, it's called one cancels all, or OCA.

There have been a few threads on this in the past, and each time it's mentioned that these fees were jacked up a while back, but that they were supposed to come back down. The current rate is .000031 times the amount on any sales of stock you make ($31 per million) I did some searching and...

Already being done dude. By several places.

I wasn't looking to find out which firm the specialist works for, but to find out what other stocks are traded at the same post and handled by the same specialist. When you put in a symbol, it tells you that it's traded on the floor and gives the post and panel number, and that spot flashes...