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  1. lindq

    Is autotrading legal?

    I'm not missing the point at all, as I agree with you. As I said, regulators are paid to regulate. C2 is to the brokerage and fund industry as discount computerized realtors are to the traditional brokers. They each offer a valuable service to a certain segment of the population, but...
  2. lindq

    Is autotrading legal?

    Registration is not simple. It requires passing a series 65, and dealing with countless NASD forms and state regulators. No, it is not impossible, but it is not at all simple. I know, because I've been through it. And with regard to C2, further rulings will then need to be made on...
  3. lindq

    Is autotrading legal?

    No, you are nuts. The issue with the SEC is not going to have anything to do with AutoTrading, although that may have been your intent in contacting the SEC. Their focus is going to be specifically on whether or not the system signal providers need to be registered as RIAs. It will have...
  4. lindq

    Is autotrading legal?

    What do you mean "if SOMEONE complains to the SEC?" According to their response...you just did. Did you just fall off the potato truck? Do you think that regulators are sitting at their desks to NOT regulate? IMO, C2 provides an extremely valuable service to the trading and investing...
  5. lindq

    Alternatives to Interactive Brokers

    I have accounts with both IB and E-Trade, and for moving money around E-Trade is a better way to go, IMO. You can set up check writing on your trading account, or easily x-fer dollars to an E-Trade bank account, etc. IB is a good trading operation, but their folks are just not well trained...
  6. lindq

    What license is needed in order to trade clients' money?

    Registering with the state is the same as registering with the NASD, because they are coordinated. States used to have their own regs, but they are now all under the umbrella of NASD. Check your state website, they will likely have all the necessary information, which will likely be very...
  7. lindq

    What license is needed in order to trade clients' money?

    In most (possibly all) states you will need a series 65 - Investment Advisor. Not a difficult exam. An LLC can be arranged for a few hundred dollars. The LLC is no big deal, but registration with the NASD is a pain and lots of paperwork. Also be certain you cover everything with a...
  8. lindq

    Baby Boomers

    Oh, Boomer Camps. A garooovy idea! Think a M.A.S.H. camp lakeside. 24/7 music blaring from speakers (Hendrix, Joplin, Doors, Zeppelin, Dylan, Carol King), movies every night (Easy Rider, The Graduate, Clockwork Orange, 2001, Z, The Blob), morning classes in the twist, cha cha, the frog...
  9. lindq

    Bill Maher names Ron Paul as his "new hero"

    The U.S. would be far better off if there were more people like Nader and Paul who were NOT AFRAID to speak truth to power. Major corporations, and the major political machines, need to be challenged with opposing viewpoints.
  10. lindq

    Bill Maher names Ron Paul as his "new hero"

    Yes, he is honest. And he is sane. Which is why he won't be elected.
  11. lindq

    911 - Cause & Effect

    Well, you can put "They hate us for our freedoms", along side Kissinger's famous domino theory ("If we don't stop them in Vietnam, the communists will be at our shores."), as yet a prime example of a President's spin meisters at work. If there is a textbook that is passed from one President...
  12. lindq

    911 - Cause & Effect

    I know you jest, but I really am a bit of a self hating American. I hate what this administration has done to us internationally. A complete and total failure across the board. They squandered tremendous and valuable goodwill that we had at 9/11. With some intelligent planning and...
  13. lindq

    Managing Funds for a Living

    There are no certainties in life. Other than death and taxes. And coincidentally, trading typically results in one...or the other.
  14. lindq

    911 - Cause & Effect

    I have reprinted this without permission. But I feel it is an excellent article. The positive and helpful spirit of the American people is seldom reflected in the actions of our own government, which are designed for gaining maximum economic and political advantage. The difference between...
  15. lindq

    Cramer: One of the greatest bull markets of all time

    What is there possibly to be bearish about? I wish it was so, because I profit from weakness. But the fact is, other than the possibility of simple profit taking and a small pullback, I don't see anything on the horizon to cap this market. We've already blown through 60-70 dollar oil and...
  16. lindq

    Managing Funds for a Living

    Roll the music. Do I hear a commercial announcement coming? Sorry to be so cynical, but you say that you have had a trading site for years that has been profiting members - but you are just now discovering this site and Collective2, and wondering how to get funds to trade? Something is...
  17. lindq

    Managing Funds for a Living

    Assuming your post is serious - which is always in some doubt here - how can you be serious? You have the germ of a concept that hasn't been executed in reality. You have no background in managing money - either your own or OPM - and you expect anyone to give you even a moment of their time...
  18. lindq

    Managing other people's money, AKA Financial Advising.

    Personal introductions. And if at anytime you hold yourself out to anyone as being in the business of managing money, you will need to be registered as an Investment Advisor. No advertising permitted. Very restrictive on what you can do, and how you can promote yourself. Good luck.
  19. lindq

    Rise of The Machines, Part Trois

    Selling pressure? LOL. Where? I track 2000 stocks intraday, and selling pressure of any kind is nowhere to be found on my lists, although I would love to see it. If this was written on 5/3, what planet is he on? The problem at present is clearly a LACK of selling pressure. Every...
  20. lindq

    to conservatives -is Bush the worst ever?

    I don't know. It really is a toss-up. Both Nixon and Bush are an embarassment to the nation. Nixon was widely reviled as a crook and a liar, and responsible for many deaths in Vietnam that should have been avoided. (Remember, at that point in time over 50 THOUSAND Americans had died in...
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