"Professional advisors that manage client accounts in excess of state registration minimums (generally 16 or more accounts and US $25 million in assets) must be registered under local regulatory law (e.g. Registered Investment Advisors (RIA) for US securities and Commodity Trading Advisors (CTA)...
Thanks. I knew it was it but dit not find the info. Two other comish to the broker, lol.
Does someone know of a place where I can get the info on ETF dividend in advance?
I know there is something I dont get. Can someone point to me what it is? Dividend, rebalancement... ?
Short: IVV @ 77.89
Long: SPY @ 77.16
I know there must be something wrong but took it for the sake of knowledge. Nothing else interesting on my side.
This idea come up here on ET about once a week :p
The problem is that you really got to trade the exact oposite trades and also, you need a CONSISTENT loser.
Also, to me, this is not a zero sum game. Spread and transaction fees make a difference in the final P/L.
It's the same idea with a...
Isn't it 4 with IB?
I think it's the SEC that determines the max leverage, possible for retail traders. If you want more you need to go to a prop shop (Bright, Echo, ...).
I wrote my own scanner in C. I update the data with Yahoo (Yahoo and Google historical quote downloader and an Excel sheet for the intraday update).
I run the program once at about 15:15 and scan manually looking at the charts in Matlab.
Scanner entries criteria:
Stocks above 5$, average...
20 fills, 7 longs, 13 shorts, 13 wins, 7 loss, +0.06 average.
Expected a little more but still very good.
Cancelled only a few, did not pushed up the share size.
PS: EMZ, I did not use OCA this morning and did not have the blue status problem.
Yes, They all went against me at some point but on some I would have had to take some profits quickly because some reverted as expected. I'm only one trade down, no big deal (3 loss, 2 wins, 1 flat).
I dont think it's a smart idea to trade the divergence with a convergence set-up. But I think...
Nothing really big. I should be more torough on the analysis. Take losses when I realise I'm wrong. I try to improve my patience in trading so this effort sometimes comes in conflict with what I should really do.
I just get my feet wet so it's cool with me. There will be better trades.
Unloaded the whole portfolio this morning. I was down at an uncomfortable level and I had the opportunity to get some at a profit and some at a loss so I covered for a loss on the whole protfolio.
Sold ELD.TO 10.63$
Bought AU 37.82$
-5.7%
Sold FNFG 11.01$
Bought FMER 17.86$
Worst one...
I do this in Forex.
The key is to get out fast as soon as it's not going your way. May be get ticked away 3 times 10 pips but catch a 50 pips on the fourth. I use the tick chart.
Also, as soon as I can I lock in a free trade, move a stop to a no loss and trail it.
I dont fuck theses things...
The ES is already a mini contract in itself WYI. So please, dont talk about mini futures as 0.1 the size of a mini.
What you are talking about it CFDs, Contract For Difference. Some shady market makers outside the US offer them (I have no clue how they hedge) usualy for a comish, higher spread...