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I don't understand these. I thought you need to have at least $25K in account to do the day trading, no matter that you trade underlines or options. I use IB. What brokerage you use? Thanks.

Thank you all, anyway.

I was a salary employee before I started full time day trading years ago. I live in a very small town, where I really can't find a CPA or TAX specialist who is familiar with active trader' report using form 4797. I researched and read a lot about tax report. practically I still have a lot...

After equity trading one and half years, I started trading call options four months ago. Now I have one third of my portfolio in long calls, of which half are bank of America (BAC), expiring from Jan. 2010 to Jan. 2011. Now all my call options are in their all time low. I definitely...

Thank you very much!!!!

Anyone know why SDS suddenly drop to 75.6 in premarket this Morning?

Does anyone in ET subscribe IDAYO and really making 50% a year constantly? Thanks.

Is FSLR a buy today? Deutsche Bank downgraded it a few days ago.

So is Citi bank sell or hold? Thank.s

This is what I am afraid of. First, I won't sell in this market low if I owned BAC instead of Citi. I will still sell BAC in the next one or two rally, as I am convinced that bank stocks have long way to go down before recovered. However, I won't sell BAC if it is keeping going down...

First, I know I make a big mistake of holding 45% of my portfolio in Citi. I am now trying to do my best to minimum the cost of my mistakes. No I am not thinking about making my money back quickly, I am only thinking of preserving my capital, and not losing another 20% or more. When I...

Goldman Sachs has "convinced sell" on it. My average cost of Citi is $17.5 If Citi has really reached it's bottom, then of course I would buy covered calls. I really can't bear even just another 20% down, not mention it can go under $6 with government's bailout. Comparing Citi's Friday...

Thanks for the advises. Selling jan 2009 put does very little help if Citi is really going down another 50%. The best way is probably selling the next week's rally, and taking a big loss. I can only pray a rebound next week before it slides down below the current support of $12.

I still have 5K shares in Citi , which is 45% of my total portfolio. I know I must be in sane to own such a big position in Citi. I was told as a long term investor, it is time to own Citi. I was trapped again and didn't sell in the last rally. I look at Friday's chart. It is really scary. Can...

I still have 5K shares in Citi , which is 45% of my total portfolio. I know I must be in sane to own such big position in Citi. I was trapped again and didn't sell in the last rally. I look at Friday's chart. It is really scary. Can anyone give me some advises on long and short term...

Do you sell today's rally for the government's injection announcements for Citi Bank and BanK of America?

I lost almost half of my life time saving so far since I handle my own IRA and regular account. It is the most horrible experience I have ever had. After all, the world is still not ending. I am thinking of just packing my stuff and go to Africa to live there forever..... should I have...

I am thinking long Goldman and short Morgan Stanly in the same time.....Any comments? Thanks.

So you think C is safe to hold??? I can scalp in and out.

I heard that government may step in Citibank, as it is too big to fail. Common share holders would get hurt. I have quite a lot of Citi for the long term investment. What are your opinions? If I sell now, I will lose. However, it is better to lose small than big. Thanks.