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Yes, he buy equity only when prices goes up. On the other hand I buy only if the price go down. Next time I am going to ask him his long-term PnL, during the last 17 years (He said he started 1998) My guess is he spent millions of tax dollars for the 17 years, as a serious patriot. Based on...

I have lots chance to travel. Please let me know if there is particular coffee shop in NY, LA, Chicage, etc.

Dear- Recently I saw a person (roughly 60's with full grey hair) who consistently sit in the same table in a coffee shop. I talked with him and heard he spend most of the trading hours there. A cup of coffee costs $4 and $1 extra refill with same cup in the afternoon. 1) Has anyone seen the...

Spending 1K in PC for 5 years costs annual $200 per years. If you pay $10/Month for data subscription, it is same as $120 per year. Therefore, due to IB's monthly data feed of $10, the two minimum expenses summed to $320 per year. Also if the internet fee for $30/M then the three is $700, for...

I agree d80. The OP is same as saying "How good should my desk and fountainpen, to study well". d80 is saying, it is enough to buy a used desk and pencil with average price, to study well enough to pass bar exam.

Based on the argument as above and difficulty like "I am a non-US citizen living in Hong-Kong, and own US shares." Probably it is better NOT to start investing as "non-US citizen living in Hong-Kong"

We agree that more than half are suckers, as it should exist and as were. I mean the above link says more than 90% are suckers too, unbelievably. They know the link to admit that 90% or more will be suckers eventually. If someone says "Over the 10 or 20 years I beat the market consistently"...

There should be plenty of someone like Lawrence. If every trader is as efficient to think about compounding, then probably not much liquidity in volume as now. Furthermore, since there were plenty of suckers in the last 400 years, I can say there will be similar situation, in the next 400...

If SuperTrader did the annually 800% logic successfully, his 10K is now (10^10)*10K for the last 10 years, by (1+9)^10 = 1e+010. Therefore I am sure that Super could NOT do it for the last 10 years, or he cannot save 10K by his poor income 10 years ago. How someone else can do what Super...

With a quick and rough estimate, there are half of ETers who cannot solve the above two quiz, if correct. That is why stock market is running for the last 400 years (from opening in Netherland) and furthermore, probably suckers in the next future 400 years too. Any personal comments or...

Great! Thanks for exact answer (link) for my question.

Dear- My screen for IB portfolio shows red-colored "USD CASH", which means I did not spend all the cash for holding some equity. Therefore IB gave me a loan of 8K for me. Which menu in IB can I find the amount of interest paying (which stock, how long, how much)? Also how and where can I see...

Pretty close. But watch 50 Y from 30 to 80 See 1.2^50 =9100.438 =9000 And 1.18^50 = 3927.357 = 4000

Of course, each trader has full responsibility for his/her own choice. Furthermore, daytrader requiring tick/second price should listen your words. However, my average holding length roughly one or two weeks and therefore need only 1-min or 5-min feed. I agree that I should test comparing...

(Additional quiz) Someone started investing at 30 and now 80, with 5000 times now of the initial seed. (For example he made 5000*10K at 80, with seed of saved 10K at 30) What is the annual compounded rate?

Good to hear from you. Someone recommends to study Python/ PANDAS+urllib+beatifulsoup and somewhere in crawling+parsing. However, my primary tool is R so searching for R helper.

If so, I can wait until my friend help me, for web crawling at the free/open yahoo/finance data.

My English is no good. Please tell me easily.

Personally my logic does not require tick/second, but just 1-min or 5-min prices. Roughly speaking, about 20 BUY orders are placed a lot under the MKT price at 9 AM, expecting 2~5 are executed until 4 PM in 240 day average. The above situation (input.csv and output.csv) is not a RARE case, so...

Probably you mean I need to spend a week of labour to learn the IB API language myself, or spend hundreds of dollars to find a tutor who works for me. Furthermore, IB aware this kind of entry cost. My alternative suggestion can be such as paying 36 months ($360 for $10/Month) upfront to IB...