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I only have one friend who is a trader. He buys on the pullbacks and averages down until the position turns if it goes against him. I've seen him buy 20 options, and end up with 100-200 as he averaged down. I've seen him down $30,000 on a position, only to have it evantually make $1000. I think...

Well I started trading with $5000 and had a friend who was making good $ trading options and figured if I followed his trades, I couldn't go wrong. Ha,ha ha. Like the original poster's friends, he was a contrarian and averaged down his loses all the time, something you cannot do with a $5,000...

Well here was a good one today. I'm long Dndn but hadn't been following it today. It ran up to $25 and then: "Dendreon's stock, however, suffered a nasty and unexplained blow in a couple of minutes before trading was halted on the Nasdaq exchange ahead of the announcement of the trial results...

Bottom line- It isn't as bad as it used to be, and IB Canada is much better, but even though I was paying IB several thousand dollars a year in transaction fees, customer service made me feel like it was a huge inconvenience for them to pickup the phone and a real pain in the arse for them to...

"So the only thing that would really change is the address where the bill is submitted" I think what we are discussing mostly is health care for the 40 million or so( and I was one) people who go though life without health care insurance or whose insurance doesn't cover their procedures. So...

Although I have chosen the Canadian system, here is an article showing the problems people with serious medical problems can have. http://online.wsj.com/article/SB123413701032661445.html I also know my wife's knee gave out on her at work and she collapsed. Got into see the doctor right...

I've known a few people who have filed for bankruptcy and they were all people with money who used it to protect their assets, not poor people. One of them had won the lottery, used the $ to leverage more purchases than he could afford, then filed for bankruptcy to keep his new boat, cars etc...

"If somewhere in Alaska there's a facility that treats "a life threatening situation" pro-bono than he's home free." It's not pro-bono, he owes them the money and does make payments to them. I believe in any state the state hospitals will give you emergency care and you pay them slowly over...

"Emergency health care is readily available to the poor throughout the U.S." He wasn't poor- like many in Alaska he works seasonally and didn't have insurance coverage during the off season- and he is white- so he didn't qualify for medicaid like the poor and minorities do. My point was...

One thing that people should know about the two systems- in Canada the govt medical plan does not cover prescriptions, dental or eye exams/ glasses. If you have a condition that requires alot of medication- ouch. USA- I mentioned my friend who died of a heart failure while trying to put together...

"that isn't legal, or it shouldn't be" You don't believe immigration to Canada should be allowed?

Out of curiosity, how does a US citizen go about legally establishing residency in Canada and thus be able to receive free healthcare? You immigrate and become a Canadian resident. Either on your own, or as a sponsored spouse, work visa etc...

My question is Dman, why do you feel you should defend IB? I like my Honda but if someone else voices a complaint against them I couldn't care less. Why do you feel you should spend time defending IB from what you percieve as unjust criticisms?

"It's like complaining that Verizon(phone company) installed phone wiring to your house but you didn't plug a phone into the phone jack, yet complain and conclude that Verizon service sucks. Expect to get a ribbing by people. " Maybe it's more like not having your digital phone work because...

Well I’m an American who now lives in Canada so I can comment on both systems from experience. USA- The good- When I was working I had a $200 deductible, my insurance covered 80% up to $1200 then 100% after that. I could see a specialist or have a needed operation within days. The bad- When...

What is the root of all this discussion? I think it's that IB is a company that sells a service. As with most companies, some customers never have a problem and some do. But if I were to voice a complaint about my internet service, TV service etc.. no one would bat an eyelash. But for some...

"Umm... let's see... check on the word: "most" and see what it means. At least have the courtesy to read over a post twice before typing and/or taking offense. " My point is the few times I've bothered posting a criticism of IB or just giving it a thumbs down in the polls here on ET, I've...

Well here is something you could look at: go to youtube and type in S&P trader. The man puts videos up almost daily laying out his system of trading S&P eminis using support and resistance levels, macd and some other TA stuff. If you are looking to develope a system of trading, the videos are...

I don't know if I have bad luck or if this is typical, but the only time I ever made a large move, 50 calls on the Q's, my broker's (IB) server went down minutes later and as the trade went against me. I couldn't initiate offsetting positions or close the open position until I was already down...

"Most of IB criticism comes from noobs, crooks, and the lazy who have the audacity to post disparaging remarks. " Let's see, I opened a position of 50 calls on the Q's. The trade started to go against me so I decided to short the Q's, but the trade doesn't execute, I try to close the position...