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  1. K

    How long is the dayTrading learning curve?

    maybe its just the way I think, but.......... I made alot money this year and still have not decided I am successfully. That will take another year. It is possible to make alot of money in a very short time and think you can do repeat it every month. I'm still keeping the other job on the...
  2. K

    How long is the dayTrading learning curve?

    that depends on what you consider profitable. how much money you are working with and how much you need to make. The bigest problem I found switching from swing trading to day trading is that I tended to make purchases on time frames that were supported on longer time frames (swing trades)...
  3. K

    Do commissions get any cheaper than IB?

    I think I pay alot less. I use Realtick through Daytradz. If I am carefull with execution, I get credit for liquidity. What this means is that I pay about a $7 commision, but get a $2 per 1000 shares credit. I have some trades that I come out ahead on.
  4. K

    Realtick down?

    I tried emailing TAL, there email server returned that it was not receiving emails. I expect TAL to provide a full explanation of what happened, and how they will prevent it from happening again. This type of error is expensive.
  5. K

    Realtick down?

    This is unaceptable. I have wasted an evening of research and a morning of trading. RT should be a high end platform, with high end performance. If I can have a backup computer with RT installed, they can have backup servers. I will be expecting both an explaination and an action which will...
  6. K

    Stock trading getting worse

    I guess I'm confused as to why people are frustrated. I looked at eminis to trade, but I do not trade them. It seems that they are popular because of the low barrier to entry (10k). I spent a year learning and have been trading full time for 2 months now. I usually scalp stocks for 10 to 50...
  7. K

    Poll: % Total Return % 2002

    "what is a good profit?" This has always confused me. I have about a 35K account and take money out regulary as profit. If I spend the whole day trading I can average over 1k per day. I have had draw downs where I had to put more money back into my account, and had weeks where I took out...
  8. K

    Where is the market headed for 2003

    The market will not do anything until I am convinced it will, and make a prediction, then it will do the opposite. If I act on my conviction, it will do the opposite in a big way. But If I am patient, it will swing back as this market is going to range trade and move...
  9. K

    Clearing house rules

    Yet another reply to myself....but FYI I talked with Townsend about the problem. basically, Realtick servers are not updated with this information from overnight positions from the clearing houses. This means that the Realtick server doesn't know the overnight cost basis of the trade and...
  10. K

    Clearing house rules

    OK, I talked to another Realtick broker. He said that a trader should still get 2-1 margin on overnight positions. however he said that funds from the sale of overnight positions would not be available until next business day as well. This means that both Penson clearing house and Computer...
  11. K

    Clearing house rules

    I have a margin account, but am told that it is the clearing house that determins when funds are released. The Clearing Firm is CCS (computer clearing services)
  12. K

    Clearing house rules

    I'm in the process of switching my accounts around to use Real Tick. I am not happy with what I am finding. I currently using both an ameritrade and a Realtick broker account (GlobalTradz). I both day trade and swing trade. I have no problems with the way day trading margin works, rather the...
  13. K

    Cash transactions in margin account

    I am doing 2 types of trades, normal day trades, and 2-3 day swing trades. My swing trades usually involve stocks under $4 (un-marginable). I have over 25k in a margin account. When I liquidate my overnight holding, funds are not available from this sale until the next day. Some brokers have...
  14. K

    IB: Yes or No??

    note: I am not looking at the cost of realtick when comparting brokers. I assume I am paying for realtick. (250-260) I am only looking at commissions. If you are with terrnova-mb just figure $10+ trades for the first 25 trades. after that, the price goes up.
  15. K

    IB: Yes or No??

    I too use realtick and terrnova-mb. I have recently looked into daytradz (daytradz.com). They work with Realtick. Their prices are much more reasonable than others with Realtick, but I have not seen anyone discussing them. In the 1000-2000 lot pricing, they seem to have similar commissions...
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