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Frankly I don't think there's a whole lot of difference between SPY and the ES other than the potential leverage. Movement is almost identical because of the arb that goes on between the two. In your chart attachment the one striking discrepancy in the SPY toward the right hand edge of the...

Up and running as well. OldTrader

Is there any "user" who currently has quotes? Please post. :D OldTrader

No market data here either. Earlier today I was getting yellow/orange color instead of green for market data. Any idea what that means? OldTrader

First let me say that I noted that you said "suggestions were not the purpose of this thread". Yet you ask about others results as if others are using the same method. Because let's face it...there IS a method right now that is working fine. It just isn't your method, or perhaps some of the...

Let me just say first of all that if you don't know anyone who "built their wealth off the markets", it's not because they don't exist, or even because there are a small number. It's only because you don't know them. You could for example simply scan down the list of the Forbes 400 and see...

A few comments: The premise here by Stephan is that he is a day trader concerned with protecting himself in case of a very severe emergency. So to begin with there is no overnight risk. Given that Stephen is a daytrader he should be able to reach over and sell immediately to exit a...

Yes...hot key problems now fixed. OldTrader

I'm always amused to read a post like this. What it says to me is that you started at some point that you "assumed" would remain the same for the remainder of your trading life....but it didn't. So you became "embittered" with your chosen profession, and you preach this "bitterness" to others...

"Unethical"? I got news for you: there is a distinction between "unethical" and "illegal". Front-running a WSJ article that the writer tipped you on before it's publication is illegal. Buying ahead of the Cramer show because you found out he will discuss a company is not illegal. In fact...

I agree with you. I've only called them a handful of times over several years. Always polite, competent. I can never understand this unending thing about bad support. I can't figure out what people are calling them for to begin with. OldTrader

This guy should definitely keep his job as a journalist with the WSJ, because as a real estate investor he is a moron. He buys a house that he describes as "fairly rundown", and then spends $130K doing considerable work to it. He says he paid $165K originally for this dump. But the question...

So I guess what you're saying is that we should all "dumb down" what we post since we might "confuse the guy"? You call it "semantics", I call it "correct". OldTrader

Yes, selling before maturity gets you the market price. So if you look at the latest auction results for a 91-Day bill, $10K in bills sold for about $9925. That a yield of approximately 3% ANNUALLY. 91-Days from now, they will mature at $10K. So essentially between now and then in theory...

With all due respect Flashboy, it seems like I've read this same post any number of different times from you. Always the same thing, cutting your winners short. What's new? Obviously if your "goal" is to "average" 1 point, this implies that some days you do better and some days you don't...

Frankly, you both seem somewhat emotional. She because she is overly worked up either way about your trades. And you because she gets worked up, such that it ruins your day. LOL! I've found that women often are more "security" oriented. Men seem to be more risk-taking. Hope that doesn't...

T-Bills don't pay "interest payments" per se. They are instead sold at a discount. When they mature, you can opt to either reinvest in more T-Bills, or you can have the money directed to your bank account. Here's a link at the site...

If you use the Treasury Direct website, you will open an account with the US Treasury. Your T-Bills are a book entry with the US Treasury Department. This is as safe as it gets. The T-Bills are a direct obligation of the Federal government, held for you by the US Treasury, a department of...

Go to the link I provided and buy them direct from the Treasury. You can buy every Monday at the auction. Take a look at the website, all the info is there. If you want to have them at a brokerage house, then they would fall under the category of "securities" which would be subject to $500K...

I can't recall any time that the SPY "ran up 5 points". What date would that be? OldTrader