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    Pattern Day Trade Rules

    how can we get rid of the PDT rule? do we americans want this? no. so why does it still exist?
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    sound barrier

    for the record, i'm not a believer in predetermined fate. anyway... can you imagine if the latest sniper victim knew how she would die? imagine if you were her and someone said, "you'll die at age 47, in a home depot parking garage, right next to your husband. you'll be shot in the head by a...
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    sound barrier

    well, i don't know much about guns. with this sniper stuff all over the news (unbelievable), i had been wondering if the victims were able to hear the gunshot before they were hit. so basically, i wanted to find out if bullets can travel faster than sound. anyway, in my quest to find this...
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    general background for this board ????

    24, been trading since age 3.
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    bars vs candles

    i still use candlesticks sometimes, but i agree with you totally. lately i've been changing the colors. no longer are they green and red.
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    Son of Something Very Simplistic

    volvo264, you can download it to any folder, but you might as well dl them to esignal/formulas/other. once you have it downloaded, open up an advanced chart. right click on it, then go to, formulas/other. then left click on the formula you want to use. to remove it, right click on the chart...
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    what to do when you're screwed

    :) that's a good one.
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    what to do when you're screwed

    what broker did you use back then? i used suretrade......they were so bad. but they were my first brokerage, so i didn't know any better. i remember i'd enter an order and it would say "pending" for sometimes more than 30 minutes. lol now i use ib and about 1 second after i click the button, i...
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    what to do when you're screwed

    thanks everyone for the responses. anyone who's ever tried to help me, i sincerely thank you. for me, it's good to see that a lot of you guys have been in similiar situations...and got out of them ok. i guess this is just part of the process. times like these are what filters out the people who...
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    what to do when you're screwed

    predicament is the word, vulture. i can identify with you totally..your car situation and everything. the worst part is definitely friends and family. anyone who knows me knows i'm into the markets. i don't discuss my trading much with anyone though because it just causes problems. i've learned...
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    what to do when you're screwed

    good question. for most of my trading "career" i traded stocks. as i said, i never thought i would lose as much as i did. so when the wonderful PDT rule came about and my account dipped below 25k, i was pretty pissed. i then started entering at the close and holding overnight. that way i could...
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    what to do when you're screwed

    well, i'm not planning on turning my peanuts into stacks of gold like some people. if it happens, great...but i'm not expecting it. if i could make 10-20k a year to start, compound my money, and grow as a trader as i get older, i'd be pretty happy. i don't need to make 500k/year, although it...
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    what to do when you're screwed

    i understand man.. i remember when i first started, i bought a bunch of EGGS (egghead.com) and it went up like 90% in one day. i gotta say i'm not a wild trader. my trading has been a very slow death. i read the van tharp book... i would always find a stop, risk 1%.....and then determine how...
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    When can I expect profits????

    thanks inandlong, that's what is so frustrating to me though. i'm pretty sure i know a lot about the markets, but i still can't use what i know to make money. it's terrible.... i would say it's in me to be a good trader some day...but the time does not seem to be now.
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    what to do when you're screwed

    well, well, well.... the days i never thought would come a few years ago are here now. i made a lot of money by the end of 1999. i guess you could say i had beginner's luck. i've been living off my account and trying to learn how to trade ever since. i always thought i would eventually figure...
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    When can I expect profits????

    when to expect profits is completely dependent on you. how can anyone tell you when it's going to happen? you'll make money when you make money....if you ever do. it's different for everyone. i've been at this for 3 years and i still don't make money. i know, it's pretty pathetic. lost about 100...
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    Son of Something Very Simplistic

    anyone trading this needs to realize something important, imo. if you enter OCA orders using excel, watch out for when you get "better" executions than your limit order. say the open was 800 and you enter long, limit 800. the OCA pair will be sent as target 801 and stop 798.75. according to...
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    Son of Something Very Simplistic

    quah, did i do anything wrong here? ESZ2;BOT;1;802.25;15:46:54;20021008;GLOBEX;; ESZ2;SLD;1;801.25;15:47:52;20021008;GLOBEX;; say you enter your entry limit price based on the open price, the OCA pair will be calculated on that price. but say you get filled at a "better" price. then...
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    Son of Something Very Simplistic

    hmm..in ib tws, when i go to executions, those trades show up as hour 15. when i export the trades, they show up as hour 19. :confused: anyway, all those trades were during the 3pm est hour today.
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