Search results

I busted my ass to sock away money in my Roth IRA over the years and now it's significant enough that I would like to trade it more aggresively. Transactions in an IRA are not taxable and there is no IRS accounting requirement BS - Nirvana! Problem is, many brokers require the most draconian...

I think that the reason most people (including myself) are reluctant to go with IB is due to the trading minimums fees and other gotcha IB policies. I don't blame IB, it's their puppy, their business model, but it's not something I want to make a commitment to in an account that can...

I've been really frustrated with the common 3 day wait so I looked it up in the SEC regs. (you know, it's all online now) What I found out was that its up to broker discretion wheather they require settlement. The SEC says the broker may extend the buying power prior to settlement if "it is...

Any Brokers besides IB that don't require the 3 day settlement before buying power appears? IB is the only one I know of.

I've looked into TickQuest/Neoticker and they have a great deal for end of day. Have any of you worked with or checked out Wealth-Lab?

Greetings, I'm retooling for position trading and I'm looking for software that is really good with multiple time frames. Easy and quick to choose both intra and inter day time frames and good integration of historical and intraday data. I would also like the trendlines to be constant thru...

Those eminies are lookin better all the time!:D

I certainly hope something happens, but it's been my misfortune to mix hope and trading. I think it could be an easy argument to remove the uptick rule from issues that have SSF's as futures actions would certainly influence the cash market for these issues. Well, for the rest of them, who...

I doubt we will see much of any evolution in rules this year or possibly even next. This appears to be a tight political contest and no one (administrators) wishes to make any mistakes. Change will only come with dominant leadership. :(

The real problem is the uptick rule itself! This is just small minded protectionism and contributes to the creation of valuation bubbles and excuciatingly slow corrections. It's easily defeated with simultaneous long (uptick) buy followed by the short. So it's a joke! It may have been...

Single stock futures are another possibility. Maybe this is the SEC's objective. Push the traders out of equities. SSF have a little better margin, but the commissions are a little higher than Equities @ IB, but with the new bulk pricing, I duno?

I smell a cat fight....

I hope you are right, but remember, you are going against the probable trend. (election year, long cycle, etc.) The VIX could end up behaving like high Stochastics in a very stong stock. We anticipate a reversal but the stock keeps going higher and the Stochastics stay very high for an...

Each business sets up it policies and prices in ways they think are most benifical and must be balanced for the buyer & seller to achieve maximum efficiency. If WL makes a choice to offer licenses that are not transferable, then I'm sure they have put much thought into this model and believes...

I read thru all 12 pages of posts and nothing but BS

I'm looking for trading/charting software (all typical time frames) that has the ability to alert/alarm when indicator conditions are met. I trade with IB, so an API would be ideal. Any help would be very appreciated.

He is interested in Firms that will still recognize conversions as a hedged position and allow selling without restrictions. (correct me if I'm wrong please)

My definition of a prop firm is one that requires a license and doesn't provide retail investor insurance. Enough said. Now, will the remote traders please comment on there companies please.

Isn't that kind of like socialism?

Man, I think you guys are comparing apples to oranges! Hedge Funds are financial services companies with a certain organizational structure & operating model vs prop trading is only similar in a small way. HF's are about big size and sofisticated risk management and capital managment vs Prop...