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It's a tough call. You want your customers to be safe so they will do business with the firm, but you don't want to indemnify them from all risk or the customers won't be as dilligent in protecting their own systems. They have strong measures in place against outright stealing of funds. It's...

I must have this totally wrong then. Isn't spot forex the cash market for currencies? If you buy EUR and sell USD, cash is actually moving in and out of your account and to/from the counter parties? Hence the financing. This would differ from trading in futures or swaps in which you just have...

Amibroker will let you specify commission per share or in percentage.

Who would be their most likely competitor? This would be to hold a retail account (no prop) and not a prime broker?

What is more amazing is that they make over 1 MM pretax revenue per employee. That is their automation paying off for them.

It would be a capital gain of some sort. Depends on how long you hold it.

You need the STP to take out over 100k in a month, I think. I'm sorry you've had a bad time with them.

I don't understand this part either. I'll bet if you want to just casually do a 1 time give-up, you still have to have enough buying power in the executing account. Otherwise there would be credit risk on the custodial account not having the money T+3.

Deposit them somewhere else and transfer via DTC/ACAT. While we're on the topic, under what circumstances would DVP/RVP be useful for a retail trader? I can think of one scenario. I have securities in an IRA account at another custodian. Their commissions are high, ie they're ok for...

Liquidate stock and spend it as needed. You don't have to liquidate the whole porfolio.

100k isn't a large account. I would call it retail until it's at least 1 MM. IB is sharp. I'm sure it's selling at least at 100% of fair value if they're going public.

Overheating can cause those symptoms.

It would be more interesting to see who wins in terms of CAGR. The little guys would be on a level playing field if you figured it that way. Although the little guy making 100% a year on his 5k deposit still isn't making much $$$.

I'm partial to marked-down HP refurbs at the HP store. They are comparable in price to a DIY and you don't have to do anything. They also come with a warranty so there is not worrying about the refurb job.

Sounds like the Black Swan never hit.

You don't ever get interest on your first 10k USD at IB. Only way around it is to spend it on something that earns interest, no matter what the position is. I was looking at GOOG today and realized I quoted it wrong earlier. The futures trade higher than the underlying, so you buy the stock...

You must know something. What's the ticker?

I think it boils down to intelligence and work ethic. You need enough of each to get the job done. I'll leave the debate of whether these are inherited traits or not to someone else. A friend of mine has a theory about this which I find to be true. Everyone has their own little glass...

Worry about making money as a trader first. Once you've made your nut, you can worry about tax structuring.

They were smart to stop putting the year in the name of their OS's. Hence the adage, "Never buy an OS in the same year as it's name!"