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The ADP data comes from 14 million paychecks. The govt data comes from polling companies representing 40 million employees. Macroeconomic Advisors, who prepared the report, are trying to downplay their miss, but it sounds like BS to me. Here are some quotes from...

I'm not sure it's any easier with C++. I'm several releases back on StreetSmartPro (which is based on Cybertrader) because of flaws in the more recent versions (incomplete charts, mostly).

There are two separate issues here. The first is whether trading activity in SSFs can get you designated as a PDT. The rule states that "In the event that the organization at which a customer seeks to open an account or to resume day trading knows or has a reasonable basis to believe that the...

You can also try to buy below the ask price or try to sell above the bid price. As an example, suppose QM is $74.00 x$74.10. If you place a buy order for $74.10, you'll probably get filled instantly, and the last price will be $74.10. Similarly for trying to sell at $74.00. The last price...

What did you get filled at and what were the bids/offers at the time? I see that INFO recently reverse-split, so there could have been some confusion that day with people accidentally paying the post-reverse-split price before the actual split. I once bought some COCO or CECO the day before...

Heh, yet it's OK to recommend loading up on a stock the night before its earnings call (e.g. DKS).

Look at your statements and see which trades got made. When I was flagged as an underfunded PDT at IB, I was surprised, because I keep track of my trade count. What I didn't know was that (1) the expiration of a worthless option counted as a transaction that takes place on Friday, so any...

I have Auto-remove orders turned off, and it works fine... until the connection goes away for a few seconds. Then, when TWS refreshes its display, all the lines for the filled or cancelled orders go away, as if you had clicked on Remove Filled Orders. Browser-based TWS, 860.9, Java 1.5.0_07.

Are you saying you want to short a stock but not have the transaction really be a short (i.e. not have to follow the uptick rule)?

The "whois" command on Unix tells you the registration info for a domain. Domain Name: PHELPSDODGEINCO.COM Administrative Contact, Technical Contact: Technology, Information d98n73385tt@networksolutionsprivateregistration.com CSV ATTN...

PD bought N today, and there's a site http://phelpsdodgeinco.com/ for the new company, and the domain was registered June 12! I wonder if anybody looks at newly-created domain names every day and tries to figure out if a merger is in the works.

There's a shortie on the Yahoo message board saying the U.S. government needs to step in and break up this "feudal monopoly".

It may be less illegal for the insiders to grant themselves the other kind of options. CYBX is currently getting hammered because after their device got FDA approval, while the stock was in the midst of a day-long trading halt, the board granted executives a bunch of options, using the price of...

Yes, there is no IRA margin account. But it is possible to lose more than the amount of equity in your IRA account, and one thing the broker may do is take the money from another one of your accounts. http://elitetrader.com/vb/showthread.php?s=&threadid=51251

If your company offers a 401K with reasonable choices (e.g. some diversified funds and not just stock in the company itself) and offers a matching contribution, that should probably be your first priority.

Sure. I've seen biotech stocks go to 50% maintenance just before an FDA approval meeting.

If it's any consolation, with only $4K-$5K you can't do much with naked short puts/calls because of the margin requirement. 100% * option market value + maximum ( ((20% * underlying market value) - out of the money amount), 10% * underlying market value, $2.50 * multiplier * number of...

Fidelity has over 1100, Schwab has over 2000.

Can you give an example of the profit/loss numbers in TWS being incorrect? I haven't noticed any errors with futures or options. A stock split last week resulted in a displayed cost basis of 0; that's the only bug I've run into (is there a way I can manually change the cost basis?).

I think the actual statistic, and I don't have a cite for it at the moment, is that 80% of the options held at expiration expire worthless. Most options that have some value are exercised/assigned/closed out before then.