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That's what I was wondering, too. But then again, he "only" has a few hundred thousand bucks to park, as I understand it. The thing is, you can just keep holding 100% of your account equity in a stock, and then borrow against that so that effectively you get 3:1 margin for trading. That...

Since they don't pay much interest on cash balances and I don't use 4:1 margin, I am thinking of just getting my overnight cash balance to zero by purchasing SHY. Does anyone have any thoughts on this or suggestions as to more suitable instruments than SHY? I know praetorian2 parks his...

Sure! The market will keep going down forever. Just hold onto your shorts. My calculations forecast YHOO at -400 and CSCO at -350 within 12 to 18 months! But wait, there's more...

Contemprating his Engrish, he seems pretty Asian to me.

I don't think it's the MMs' fault. The blame is to be placed upon the creatures that prevent me (an "off-floor" trader) from making a market.

I think if we don't see 800 for a couple of years we might never see it again. However, I think we will see 800 within the next 18 months. But if we don't, who cares? (I mean on this board. We don't trade because we can predict the future, we trade because we think we know how to millk the...

I had two GM orders filled by TMBR today. As always, the fills were excellent.

praetorian2, did you trade MWV on Friday? BTW, how come you are so confident in THV? Why only this one stock? Doesn't it worry you a bit that they could burn down over night or have a killer virus outbreak or something? I agree it might be a good trade, but to put all your life savings in...

Bullets are round or elongated missiles (as of lead) to be fired from a firearm. One example of how to use them is to shoot innocent civilians. The Israelis have also come up with another use: If you have lots of bullets available, you can destroy entire buildings simply chiseling down the...

Mine is longer. I would think the question is not whether or not you have to pay the spread, but how to know when to pay it.

birchy You sound a lot like myself about a year ago. If you are like myself, you will soon be trading options and/or shorting (which requires a margin account). But right now, that would indeed be a little premature. I am going to give you the 2 pieces of advice that I think will benefit...

Can you certify under penalty of perjury that this thread is not a hoax?

Interesting idea! Why don't you write a few options instead? That way you will have taken out even more cash, and only a miniscule portion of your investment will remain at risk, right?

Then why did you buy this year? Don't you think the P/E will take out this year's low within 18 months?

Elliott theory is an excellent approach, but why don't you try writing your own program and (above all) modifying (expanding, generalizing, specializing, whatever you feel might give you an edge) existing theories? I believe this is where emotion should be a part of trading. It's the only...

I don't! The more shorts are still open, the more volatility we can expect IMHO.

Leave IB alone with anything that does not have to do directly with execution. Whenever they make modifications to the way TWS displays quotes and the like, they allocate more and more memory slowing down the whole system and introducing bugs. IB executions are excellent, their commissions...

Most of your questions have already been answered superbly. If you are making the transition from stocks and options to futures, I would like you to consider the following two statements: 1. If you sell a naked IBM Sep02 80 Call for $1.25, you will receive $125 and your margin requirement...

TMBR rocks! I have always loved it, especially on listed stocks, where you expect the execution confirmation to take at least a second even with IB, getting the fill within microseconds of hitting the transmit key, and I don't know if it's just me, but I have received a fill at $.02 better than...

That's probably the answer to my question...