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Sounds like my family, especially my father. But guess what! After giving him a year to get used to the fact that I trade, he now suddenly encourages me to open up any kind of business I want, except trading. Apparently the overwhelmingly terrible stupidity wanting to become a trader has made...

You should also keep in mind that IB does not change the exchange field of an existing option order when it gets re-routed. For example, you initially put your option sell order at 1.95 through SMART and it gets routed to PHLX, then you change the price to 1.80, and it happens to be re-routed...

Just out of curiosity: What state did this happen in?

Vel, The single most important piece of advice I can give you is www.interactivebrokers.com For someone like you, there is not a question as to what broker to use. They are the one. They have the best executions, the best price, and they have recently added the fastest data feed of all...

I love it!

I made an indicator that gives me a spike usually about one minute before the ES start a large move.

Look again! I noticed today that their data feed has DRAMATICALLY improved! Maybe it's also luck with my internet connection, but when I keep changing the price on one of my isld orders as fast as I can type (probably 3 or 4 times within half a second) the quote actually follows every single...

My first thought was "This is obviously a joke." But then again, so is the entire SEC and NASD with their über-moronic rules.

It's a cruel world. Have you ever wondered why cigarettes are not illegal, but most other drugs you can smoke or inject yourself with are? It's not because the other substances would be more addictive or cause a more painful death. It's for one reason only: Because cigarettes provide the...

I just checked it, you're right, it's "elitetrader", not "meta-elitetrader". So am I wrong for posting this message here?

There used to be a third characteristic of music before they started noise terrorism in the form of heavy metal and michael jackson style pop, in addition to melody and rhythm. It was called harmony. Of course, that was what gave music the ability to inspire deep and intricate thought...

If the whole world were full of people like you, we could still all be happy. The problem is not Beethoven and Mozart vs. Bach, unfortunately for all but the deaf the problem is rap and hip hop vs. music.

Every business owner has whatever degree of freedom he desires. To me, that's the most important difference between that and working for someone who has half your brains but thinks he is better because he can exploit you. And he is, as long as you let him. Once you have made the decision to...

Surprise surprise!

Those who know know Bach is better. So is Mozart, but it's difficult to see why.

Most trading or market analysis programs are trivial to program. The only piece of advice I have is don't try to optimize space or time requirements of an analysis program. It's not worth it, instead of spending a week optimizing it, work at MCD for a week and use your earnings to buy a...

If I were you I wouldn't worry about that too much. Ever since I have been an outcast here on ET for questioning the masses' uniform opinion, I have spent less time chit-chatting and more time making money. There is a good side to everything.

If you make a market, that is an edge. You constantly buy for less than you sell at.

I concur! So it's really very easy to circumvent the PDT rule. Just take $2,000,000 and split it up into 200 accounts with 200 different brokers. That way you can do 600 daytrades for each 5 day period! Problem solved.

I think they were created between Thursday and Friday. I was able to trade the 25 put right from the beginning (when it was jumping around between 1.35 and 2.35), and I also tried to trade the 22.5 put, but it "could not value the contract", so after a few minutes I gave up and focused all my...