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If you're willing to go to those extremes, why not just take LSD. You wouldn't have to actually trade at all. You won't even need to turn the computer on. You can just type on the keyboard and watch the blank monitor, and you'll experience the whole trading thing without ever risking a penny.

Currently, one execution eliminates one cancel fee. If you had three cancels, then traded 15 contracts, you would have to "unbundle" that order into three 5 contract orders to eliminate the cancel fees. After the new changes, you will be able to eliminate three cancel fees with a single 15...

Is it irony or merely absurdity that the Securities Exchange Commission should subject the NON-MARGINABLE stock options to the Pattern Daytrading Margin rules, when apparently stock options aren't even securities? Now, it's one thing if you want to say that options are non-marginable, that...

Suppose you were planning to buy 15 contracts of a certain option. Suppose you were prepared to buy it at the current Ask price. You place your order for 15 contracts, it goes through, you get an execution for 15 contracts. Next, you create a new order, for any option, at a price rather lower...

All good points, Boib, except #5 isn't really "in favor of the PDT rules", is it. Trying to develop successful trading strategies and habits with the PDT rules hanging over your head is like trying to learn to ride a bicycle while someone keeps trying to jam a stick between the spokes of your...

These fees, you see, are the equivalent of the House Rake in a poker game. Whether you place orders of less than 6 contracts, or more than 6 contracts, the House (broker) is going to make a small profit. What you need to beat the House is a strategy. Strategy: Try to avoid cancelling...

Here's one suggestion how we might implement your idea. Create a Trader's Mutual Fund. Most mutual funds are run by investment-traders. They take funds from the public, but the public has no input into how their money is handled by the fund. The public's only option is limited to choosing which...

For us small investor dogs, the CTFC is a much kinder master than the SEC. That's what I'm telling you. The Futures market is not a risky more disadvantageous market than the Options market. The opposite. The Futures market is less risky and more advantageous than the Options market (or even...

Get into Futures and out of stocks and options. The S.E.C doesn't rule the Futures market. Qdz, I have been on the same side of this fight with you since October. But for your own benefit, stop wasting your energy and time on anything governed by the S.E.C. All the time spent complaining...

The best way to give the finger to the PDT rules is to stop trading stocks and options! Get into Single Stock Futures and the E-minis. The PDT rules stink, but you must evolve. The stock market is not a static swimming pool, it is a vast ocean. You must learn to handle the tides and the...

I understood most of the original cryptic memo. If they had used the word reimbursed or offset instead of REDUCED, I would have grasped that too.

People who are making themselves miserable trading this market sober, might find they actually do much better drunk. I mean, if you're already doing lousy, perhaps the only possible change is for the better.

I like your idea. As with many innovative /groundbreaking ideas, you as the originator of the idea will have to be the one to get it started, before anyone else will join in with you. Also because if you leave it to others, they will alter the idea from your own conception of it to fit their own...

An edge is anything that works for you. The simpler the better. Too much complication is like a ball of tangled string.

Do you really think that you're going to go pouring glasses of milk for yourself because you have a 100 millisecond subliminal message flashing on your computer that says "Drink Milk"? Do you really think that you need to flash subliminal trading messages at yourself to keep yourself focused...

What amount of margin will they give you? Does the 70% payout get higher if your account balance increases? At Green Tree Trading you get 85% of profits from $5,000 to $10,000 account, and 100% payout over $10,000. Their margin rates are enormous (10 times). Their monthly fees for this are...

And the clerk taking your order on the phone usually sounded so impatient and irritable at you for taking 10 seconds of their precious time, that you'd hurriedly agree to orders you didn't really want, just so you could hang up the phone and get away from the tone of contempt in that stranger's...

One NQ contract is valued over $20,000. He's trading a $6,000 account. you could say he's risking over 300% of his capital. My critique for you Prophet, is if you're paying more than 6 commissions a day (maximum!) then you're wasting money as well as personal energy. I see absolutely no...

I received the same memo as everyone else. I just think I may have grasped its message a bit better than most of you seem to have. Did anyone else notice that in the memo they have written the word REDUCED in capital letters? Then notice that the fee is 20¢ per contract, capped at $1.20. Now...

Of course there isn't one way. Each person has to find the way that works best for him. I agree with your signature: I like to keep it simple. What I do is expect a reversal on the stock from my list of half a dozen that outpaces the others on that list. They take turns from day to day...