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Not much.

Also, do not run the chatroom off the brokerage site. Have them as two totally seperate business. There is a very good way to use a chatroom for a broker, but its not by running it off the brokerage website. Off to bed now, g'nite.

Hudson City Bank is one of the best companies and stocks out there right now, bank or not IMHO.

Unfortunatly this is just not true, it is an utter and complete waste of time for a vendor.

This is actually not a bad idea. We went onto othernet for free for about 3 1/2 months when we relaunched our website and managed to get about 200 new folks at $200 per month.

A tracking service is helpful and so is an audited track record, but the truth is that no one cares. If you have them or dont have them your going to get just as many customers, and the people who bitch and complain are always going to do so. Spend your time on something else.

I think I can speak with some authority on this subject having run a "professional chatroom" from 1998ish until 2002 and having made a few million dollars also doing it. First, you do have to make buy here sell now calls. 99.5% of the people coming into the room don't have a damn clue what...

If you have not bothered to work out an edge you can partake in all the feel good psychobabble you want, it's not going to help you.

That's not always true, I have seen a few people who had pretty good numbers but where not able to get that much in terms of AUM.

There are probably more woman traders and investors than most people know, but they tend not to have the need for recognition and whatnot that men have. I know that when Toni and I where together she had a group of 15/20 woman she talked to fairly often that where decent traders.

Hedge Hunters by Katherine Burton is a great book with interviews with some of the newer "wizard" manager types.

Why? Look at who the financial industry is giving money to. Obama has gotten a lot more money from the financial industry, including hedge funds, than McCain has.

Kevin Haggerty used to be the head of institutional trading for Fidelity Capital Markets. I think he runs/works with a proprietary trading firm now. Mark Boucher's Midas fund has been ranked among the best in the world on a risk adjusted basis for a long time. Not sure what happened to Don. Gary...

As someone pointed out earlier the market spends the majority of its time moving about randomly, during the periods of random movement there is no reason for you to be involved. Wait until the non random events come into play and trade those. Too many people want to be entertained by the market...

Your not going to meet someone on ET most likely that can be of much help to you. What you are going to have to do is find someone you know who has money and connections to people with money. I got started with two clients, both of them had been subsribers to chatrooms/newsletters I had for...

I have a friend who is one of the top top corprate bankruptcy attorney's in Detroit and about four months ago we talked about GM and he seems to think they are ok for the time being. He said that over the next year or two he would not bet on them going bankrupt, and that gives them plenty of...

Good, we all do. It's when your no longer humble and think you have nothing to learn anymore that the freight train comes out of nowhere and runs your wise ass over. Good luck. If I can be of help let me know.

Me too, I think today was a key in showing that the market does have the potential to continue on its follow through day. This rally was ignited by the SEC's new short sale rules on key financial stocks and on oil prices coming down. Having oil up over 4% today and equities showing strong buying...

You need to get a good lawyer, if you cant do this then you should not be starting the business. There are so many variables by state, markets, clients etc etc its impossible to make too many general statements except that you should get real legal advice.

The only idiot would be someone who thinks there is an exact correlation between any markets.