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  1. O

    Is friday and monday half day trading

    Stocks close at 1PM EST on July 3 this year. http://www.nyse.com/Frameset.html?nyseref=http%3A//www.nyse.com/&displayPage=/about/1022963613686.html
  2. O

    Oh No, NOT Another S&P EMini journal...

    Just wondering how this journal is going to benefit you. So far you are simply posting the results of your trades. If you made a mistake, or for that matter did something right, there is no mention of it. Here's a question: your results so far seem to be pretty good. What happens to you...
  3. O

    Do you still read Barron's over the weekend?

    I think I pay $125 for all of them. OldTrader
  4. O

    illegal trading strategies

    Good eye Rockford. I stand corrected. I mistakenly read "wash sale". OldTrader
  5. O

    illegal trading strategies

    Wash trades are not "illegal"...they simply have a different tax treatment. OldTrader
  6. O

    Do you still read Barron's over the weekend?

    Don't know about you guys, but I'm an information junkie. I like to know why things are doing what they're doing. For instance, if Barron's comes out with a major article on WMT (they did in the last year), I think that's an important piece of information. Certainly WMT is in the Dow, has an...
  7. O

    Do you still read Barron's over the weekend?

    Yes. OldTrader
  8. O

    Blacklisted by Brokers

    Why don't you try trading a legitimate market instead of one in which you cant tell the difference between a bucket shop and a broker? For instance, trade the currency futures traded on Globex. OldTrader
  9. O

    Don't upgrade to TWS 860 yet.

    Thank you. OldTrader
  10. O

    Mechanical systems a route to the poor house.

    I'm not a mechanical system trader. But perhaps because of that I have some input that would have some value. Just because you design a "mechanical system" doesn't mean it will work. Remember the old saying: Garbage in, garbage out. You didn't mention anything about the techniques...
  11. O

    Don't upgrade to TWS 860 yet.

    I noticed this today as well. Interestingly, I did not download the new version this time....so my guess this problem is due to something other than the new version. Perhaps IB can take a look at this. OldTrader
  12. O

    Why does Real Estate appreciate?

    The fact that you don't understand the argument doesn't mean it's wrong. Perhaps you are unaware that in many urban centers it is extremely difficult, if not impossible, to get zoning. In other words, supply is extremely limited in some urban centers. OldTrader
  13. O

    Is Marketsurfer a Moron?

    I'm one of those who voted "No" in this poll. I've been reading surf's posts for several years. While I don't necessarily agree with everything he has ever said, I think he has had many provocative posts, posted many, many good trades, and in general I think made positive contributions to this...
  14. O

    Why does Real Estate appreciate?

    It's not really the "houses" per se that are appreciating in my opinion. Rather, it's the land. And of course, you know the old saying, they aren't making any more of it. And I would also say that with long term dollar weakness, tangible assets denominated in dollars would tend to...
  15. O

    So is this an anti-IB scam?

    No, I understood the statement and it's meaning. It's an old market aphorism. But I'm wondering to myself just how old you are, or stock777, such that you know the truth of this old saying. But one thing I can assure you of, I'm definitely old enough to have an opinion about this statement...
  16. O

    So is this an anti-IB scam?

    Says who? Tell it to Boone Pickens, 70+, who made $1.5Billion last year. OldTrader
  17. O

    So is this an anti-IB scam?

    The guy comparing this to Refco isn't even close. IB isn't going out of business, not going to be shut down. A small fine perhaps, at most. OldTrader
  18. O

    Technical Analysis College Course?

    I'd try to the following link...perhaps they have some formal type of education process. www.mta.org OldTrader
  19. O

    Economics of Renting vs. Owning

    You ought to be required to re-read your post until it sounds as stupid to you as it did to me. 150K "laying dormant"? As he said, he made a tax-free gain of $315K over 3 years. Not exactly "dormant". I'd call that an excellent gain AFTER-TAX. Further, he lived for $525 per month...I...
  20. O

    Interactive Brokers Stop orders

    A buy stop limit order becomes a limit order when the stop is triggered. Therefore, at 3:36 when the ER2 traded through your stop, you would have had a limit order to buy at 709.50. If the market then traded above 709.50, you would be unfilled. The order you used "limits" slippage, but does...
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