Search results

Hmmm??? Not sure if I understand this. Are you saying the person who designs your automation strategy does not need to have too much thinking? You can get a machine to work automatically. But the engineers who design the machine... need a lot of thinking.

He trashes trading in general, not only daytrading. He believes nobody can make money trading. Only the brokers charging commissions. But he will mortgage his house and use the money to "invest".

I have TradeStation. They don't have per trade fee schedule I don't think. I also use MasterTrader.com. They offer RealTick as one of the trading platform - direct access. They have both per trade and per share schedules. You have to decide which one when opening an account. The per...

TradeStation has pay per share structures. But $0.01 per share for the first 500 before the $0.006 per share kicks in. (1000 shares = $8). RealTick/MasterTrader.com that I mentioned in the other thread also has per share schedule. As well as per trade schedule. Re: Transfer My...

What is the trading volume you are looking at doing per month? I use RealTick and really like it. But they charge something like $260/month for the platform fee. Your brokerage firm will rebate it if you trade over X times a month. There are different brokerage firms offering RealTick, I...

Most of the multi-monitor and trading computer discussions are done in the "hardware" forum, not trading software. Take a browse. Most of the computer models would support multiple monitors. The main thing you need to look, probably, is the available slots for your graphic cards. Most...

Every question deserves an answer. Maybe. My point is: Does anyone asking a one-liner question deserves to be served? Would you like to type some explanations that require the volume of a dissertation to anybody who just comes in and asks a casual question? e.g. Would you tell me what I...

Shiko: What instruments are you trading? I picked up you said "15 ticks". If you trade equity, now with penny increments that only means 15 cents. It may or may not be a lot depending on which stock you trade. If you trade AAPL, 15 cents can be run in 10 seconds. Of course if you trade...

Schedule A is subjected to a 2% floor. Meaning that any write-offs in Schedule A need to be 2% above your adjust gross income for the write-off to kick in. So if you (+spouse) have other ordinary incomes besides trading, you may not be able to write out those expenses. I agree that Schedule...

It does sound like you are a little confused. First of all, "mark to market" is an accounting method. What you were thinking of is whether you can report your trading gains with "trader status". IRS sees the distinction between an investor and a trader. You need to have 2 tests. I have...

Many of the unanswered ones deserve to be unanswered though. Every so often you will see someone posting a one-liner opening saying something like "I am new to trading. What do I need to know to make money?" Kind of like: Tell me... what do I need to know? Spoon feed me, please! And I...

It really depends on your needs. Can't tell from these descriptions. It's highly related to how you trade. If you only use the platform for charts and order entries, and not a lot of charts, probably any low end box would do. (I have a few low end boxes bought last year, about $400 or so.)...

How do you use a solid state drive? Do you put the operating system and application software on it? Or strictly for data? I fear that 40GB may not be enough for the data that I access often.

A word, people. A "Word". You need to take your English lessons once again. :p Pop.

I don't know why you kept saying that. You seemed to have painted a picture where all day traders are greedy bastards. And most day traders... eventhough successful at one point, are going to blow up one day. First of all: get rich next week. Isn't that why people buy lottery tickets or...

Sometimes I observed that... the only time that is worth trading after hours - BUT IT IS VERY RISKY! - is after the companies release their quarterly numbers. For example, I have seen AAPL ran up very rapidly after the market closed. Something like $5 in after hour trading. Some were very...

What I am thinking? Charlie Sheen's character Bud Fox, sitting in a nice restaurant in Manhattan enjoying a delicious steak with an egg on top, paid for by Gordon Gekko. He looks up to the heavens and yells: I AM ON THE TOP OF THE WORLD! (Okay... okay... this was stolen from James...

I think all the new monitors are widescreen. Unless you want to buy some old ones. By "not" widescreen, you meant the old 4:3 ratio screen, right? I have gradually phased out all my 4:3 LCD screens. Once you use a wide screen, you wouldn't want to go back. :) But the new 21" wide is...

Two. It's a Fib number. But I would really like to bring it down to One. Which is also a Fib number. Seriously... I only look at 5 stocks to trade. I typically enter 1 position, and max 2. Too high a risk? If you think so. I am a very short term trader. I don't leave my...

Thank you for all your replies ajcrshr, NetTecture and Scataphagos! I will look at all the options you mentioned.