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Why is it that those who can't do it say that it can't be done ???

ROFL And how is tht different from the poo here? (scratching head)

Good rant, much of which I agree with and some that I don't... but not enough to quibble over :)

-------------------------------------------------------------------------------- Quote from spindr0: Pick your own number but it's going to be an awful lot more than 1-2 k. -------------------------------------------------------------------------------- The 1-2 k refers to the OP's...

Man, wait to you see the kind of redundant loops I have in mind :) BTW, I require a salary of time and a laugh...

I've seen that study and tho the results support pinning, I don't believe that it's significant. Their estimate that "the returns of optionable stocks are altered by an average of at least 16.5 bps per expiration date and that at least 2% of optionable stocks have their returns changed on a...

Fill it with lots of pictures (crayons optional) and have the publisher charge double the going sale rate. Rest assured that even if you disclosed your secrets, most people wouldn't get it anyway.

My previous reply was inadequate because it was geared toward how much capital you need in order to be able to day trade. To daytrade as a career/living with no other source of income (pension, social security, mommy (g), you'll need a heckuva lot more thatn 1-2 k if you expect to live off...

If I may change man to woman, I'd suggest becoming the surgeon's wife. He's usually a lot older, has lots of life insurance, works long hours and if you're lucky, he suffers from a bad cough. You, OTOH, have difficult days facing you. You have to deal with the spa (manicures, pedicures...

One can trade options in a small account but it's still not really very realistic with only 1-2 grand because one serious draw down can really hurt you. Because of the Pattern DayTrader rules, 25 grand is more realistic. I think that the margin limit for PDT may have been raised a bit (not...

No need to apologize. :) What you're missing is that when a stock goes ex-dividend, there's no profit. Suppose you own 100 shares of a $ 20 stock, the quarterly dividend is 50 cts and it goes ex-div Monday. At Friday's close, your position is worth $2,000. On Monday morning it goes ex...

LOL. I think that I need to use more (g's) and :) 's when I'm making facetious tongue and cheek comments

Technology and regulation have come a long way since '87 but there's no way of knowing whether it's enough to avoid the likes of '87 when the volume overwhelmed the system's capacity. The DOW had dropped nearly 20 % from late August until Black Monday (2 months) and then it dropped almost...

As a very active day trader, I identified with a lot of the author's thoughts, particularly the section about "Patience and Discipline". This week, I had a very frustrating Weds morning with a large draw down, struggling all day to get back to just ahead of break even. That set up a huge...

Now I'm gonna piss off everyone in this thread :) You guys really need to read up on the mechanics of stocks going ex dividend as well as options. To the King: If you own the stock, you get the dividend. Capturing the dividend is very different from realizing the dividend as a gain...

You capture the dividend if you own the stock. Option buyers/sellers get nothing. There's not going to be any free lunch since dividends are factored into the option prices (see conversions and reversals).

You cringe but you agree?? You are confusing change in price due to trades in the stock with a reduction in the stock's price due to it going ex dividend. On ex-div morning, the closing price is reduced by the amount of the dividend. You can see this in the pre-market. Once trading...

On the surface, chasing a dividend is an exercise in futility because they're paying you with your own money (the stock's price is reduced by the amount of the dividend). And to add insult to injury, it results in a taxable event yet there was no profit achieved from the event. There are...

I turned Bben's reply upside down and read it backwards and I thought that it was a Beatles song!! :p

Geez, did you forget to take your QWERTY pills today? If you keep going all mentor on me, the ET guys in the little white coats are going to be all over you in a PM flash!