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I'm feeling rather OMnipotent today! (and bored by the lack of market action) OMMMM OMMMM

Not only am I impressed by your powers of deduction but I'm stunned by the brilliance of your logic. Do you have like ESPN or something??? ROFL

Stocks are priced at $5 for a reason (they're "crappy") Or, perhaps you could use lower risk strategies or quite possibly, even speculate on higher quality companies... ya know, those with good fundamentals that are hanging in there despite this "crappy" market.

It's not high quality SPAM since the OP didn't include the web address :)

I do a lot of pairs trading with my own system. The basic concept is to try to capture some of the spread b/t the two. Where it really gets interesting is where you have a group that correlates so that you can swap substitutes for winners. IOW, if both legs rise, take the profit on the long...

Life has a knack of being perverse and throwing nasty sliders at you. So my 2 cents is stay the course. Keep the day job. Accrue pension years. Pay down debt. Amass a nest egg. Then trade full time when you're absolutely sure that you can hang in there financially if trading doesn't provide...

I don't know anything about this or any other current trading chat room. When I was a day trading noob, I visitied a few chat rooms. Some had info to offer. Most attempted to sign visitors up for another fee based room., something I never did and would only have considered if a personal...

Thanks for the replies. As for exchange fees, do I have this right... if I add liquidity I get a credit whereas if I remove liquidity (execute at the bid or ask), I pay an exchange fee? Again, TIA.

No stocks have risen in the past two years? That would be a very bad bet to make.

I guess I've answered plenty of dumb questions here so I suppose I should ask one :) Can someone explain what unbundling means and how it will affect me? I trade a decent amount of shares per day (for a retail guy) and it adds up in a year. Does the 300,000 shares in their example refer to...

By golly, I remember the tail end of that trade! The stock wouldn't go up. It wouldn't go down, It was, well, very flatulent!

Yes, I saw your GM trade. Selling a put in November and making $60 by early February was quite impressive. I'm going to try it too. Do you think that tropical island in the South Seas with be big enough for the two of us??

Both of those statements reflect your royal noobness. 1) Rolling will not get you even if the stock drops significantly. OTM premiums will be negligible and you'll have to write lower strikes to get any. That will lock in a loss should the stock then rise. 2) Only OTM options go to...

Is there like a good stock to trade to take advanatge of ego deflation?? (Valley Girl stare)

Riskfreetrading, despite all the mocking of your ridiculous ideas and double talk by so many ET posters, it's good to see you crawl from under your rock and carp at others. I've missed you! I really like it when you simultaneously start different chains, one saying go short and another...

When I started out, my plan was 1) not to lose and 2) to beat money market rates which would be the return for doing nothing. After that, everything was gravy. It may not seem like much of an accomplishment but when you are a no clue noob, it is. AFAIK, money management is far more important...

I don't understand half of the rules but when I have doubts, I call my broker and find out what, if anything, pertains to me. As long as compliance is happy with me, I got no probs :) Maximizing leverage is subject to interpretation. AFAIK, it's not a good idea to get near the limit because...

I'm hung up on semantics when you're suggesting pseudo-arb be substituted for arbitrage? LOL. How do you know that a "true" textbook arb is rare or non-existent? Have a source? I don't know that at all. I do know that there are different kinds of arbitrage and in the option arena where I...

The short answer is that with 1-2 k you don't have the capitalization to make a living from trading. But that shouldn't stop you from trying to make a career out of day trading. It doesn't matter what you trade (stks, options, commodities) or how you trade (day, swing, tea leaves). It...

LOL. On days when my trading goes into high gear, I don't consume any liquids so I won't have to go to the bathroom. If I wasn't making good money, I'd say that I need an intervention :)