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    Best online Broker?

    Scottrade is a good place to start trading and if you have an account with 50K or more you get the Scottrade Elite software to use free. Like I said, it's a good place to start getting more active as a trader at $7/trade. After you get more active, comfortable and your activity increases...
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    Anyone used the penny prices from IB yet?

    Here's the complete message from IB if anyone didn't get it: Penny-Priced Options Now Available in the U.S. In the latest step in cascading transaction costs brought on by technology, as of October 24, 2006, Interactive Brokers has cut the minimum price difference for US listed options...
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    Anyone used the penny prices from IB yet?

    Obviously YOU didn't read this from IB: Penny-Priced Options Now Available in the U.S. In the latest step in cascading transaction costs brought on by technology, as of October 24, 2006, Interactive Brokers has cut the minimum price difference for US listed options from a nickel to a...
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    Got a feeling, tomorrow 2:30pm crash

    Just tell me when its time to put the second mortgage on the house and go long...... then I'll know its for sure time to sell, but until then, keep climbing that wall of worry.
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    Anyone used the penny prices from IB yet?

    I was just wondering if anyone has tried it yet and what the fill time was like. I've just continued to trade at the major exchanges for now, but was curious.
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    A question for options traders

    I'll just say this from my own performance and experience, if I did no options trading at all, I probably would have had to have much more capital than was available to me at the time or take on much more risk than I was comfortable with to equal my annual returns and results of the past several...
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    Peak Fish... Not A Joke...

    Here in America I don't think many people realize that the average tax payer subsidizes the salmon fisheries HEAVILY. I served a stint with the U.S. Fish and Wildlife Service in Alaska one year and every night we would turn on the scanner and listen to all the Russian and Japanese fishing...
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    Online hackers, fraud, etrade, ameritrade, etc.

    With all these online accounts from banking to trading I almost think its worth assigning customers new account numbers and force them to change their passwords every so often. Has it gotten to the point where you have to keep changing brokers and banks just to keep your accounts...
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    CNBC Anchors, How much do they make?

    Hell my brother-in-law lives in New Jersey and pulls down 75K a year as a heavy equipment operator (drives a dozer). I know of longshoremen that make over 100K. But hey, somebody's got to live in Jersey! :p
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    CNBC Anchors, How much do they make?

    I'd say 6 figures easy.
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    I'm sick and tired of work! :)

    That's just what I mean, too many people just think about being in the markets actively trading as working. There is so much "off the ball" work required to become successful. Yes screen time is a good portion of it, but there is much more that makes CONSISTANT SUCCESSFUL TRADING a full time...
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    I'm sick and tired of work! :)

    Just thought I'd chime in on this thread try to offer my .02 to the O.P. Best advice on this thread thus far in my opinion: Trading is and should be approached as a BUSINESS. It is FULL TIME. PSYCHOLOGY plays much more of a role than any "system", DO IT when you're young and responsible...
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    Thanks Thailand, no Fed.........

    action other than pause for tomorrow now! Fed is out of play for a while now. If anything, this latest international development makes cuts more likely than increases.
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    Paradox?

    Casino activity and gaming v. markets is apples and oranges my friend.
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    WSJ article on Steve Cohen and SAC Capital Mgmt

    Just look at what happened to the international markets earlier this year, especially emerging markets. When the hedgies decide to dump, they come tumbling down. Look at the current commodities markets. Crowded trades make for fierce action. If you're in them, you'll get crushed by the...
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    Getting Past Blocks / Barriers

    As Jesse Livermore stated (loose quote), "Don't worry about the first or last 1/8th." Personally, I found as my confidence in my trading and self improved, my execution did as well. Wondering or beating yourself up about leaving money on the table is only natural I think. As you gain...
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    How to be patient and yet vigilant???

    Just my .02 FWIW...... I can't believe there are "traders" here that state they have a hard time paying attention and let the internet distract them. To me this is simply not taking your trading attitude to the next level, plain and simple. When you have a plan and are confident in the...
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    tough trading week of 09/11/06

    I always wondered who it was on the opposite side of my trades. :D
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    Getting Past Blocks / Barriers

    Peabo, If you have conditioned/trained yourself to take the loss or set the stop to take it automatically for you, letting your winners run is going to be one of the easiest and most gratifying/liberating things you will come to experience. Letting winners run will also make you wealthier...
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    tough trading week of 09/11/06

    No problems here, just got to get on that bull's back and hold on. First you have to acknowledge there's a bull to ride, I suppose.
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