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Hi Lina, So first thing is when you login to Scottrade Elite is there is a checkbox in the corner of the login box. Click that to enable virtual trading. That way you can place some simulated trades. This is how I got comfortable with shorting. Its nice to be able to play with different order...

It seems like a craigslist kinda thing. Kinda cool from the quick look I had. Gotta hand it to google they constantly put out neat little things.

No you are in the right thread. Maybe IB is right and it is an exchange rule but I cant see all of these companies just violating it.

I dont see why not. Nothing in Scottrade's margin requirement says I need to be over 21. Ameritrade, ETrade and Fidelity also dont mention a minimum age for a margin account. So I dont see why Scottrade wouldn't want me to post this. Also I'm at Open E Cry and trading futures with margin. So are...

Im 20 and tried to open an account with IB as well. I just got the same response as you did. They told me to wait until my birthday but I find their margin explanation interesting. I have a margin account with Scottrade right now and they didnt as much as bat an eye when I turned in my...

Well then I stand corrected. But I'm must say that its rare than anyone ever asks for my phone number in class. Even when they do I just tell them to find me on facebook since my cell number is shown anyways. I resisted facebook for a while but I finally joined and it kind of took over. I had...

As a junior at UCI I can say without a doubt how important facebook is. Just about every single person I know has a facebook. I know I leave it open and check it just as frequently as I check my email. One of the first questions people ask in class is 'Are you on facebook?'. With the large...

Does anyone know how to place OCO orders through OECTrader? I read in a post here that they just added this ability but I still have not been able to find it. Jamaal

Starbucks does have drive-thrus. They have been toying around with the concept for the past year or two but many of the new store openings have been drive-thru stores. Starbucks is also on their third round in trying out a lunch concept. This time they got it right and lunch sales are doing...

Because people here just like to post information that is complely drempt up like nearly 100% of sex offenders reoffend I thought I would actually look up the numbers on recidivism in sex crimes. This is straight from the DOJ http://www.csom.org/pubs/mythsfacts.html Persons who commit sex...

Yup my Short Term Gain has been $49,295.81 and my Short Term Loss $37,746.86. With the result being a net gain of $11,548.95 from July to December. I just ran my account through tradelog to get my Schedule D to do my taxes last week. As for how I did it I will honestly say I have no good...

Perhaps I should have clarified that when you made your first comment. Im not ending my trading in stocks because as you pointed out if im profitable that would be absurd. I just want to explore it as an additional area of profit. I didnt mean to imply that I was going to stop trading stocks and...

Oh I wont ask that question but it is the next logical step.

No offense taken. As the thread progressing it started taking a more serious tone than I had originally expected. Although if I do make it to $6000 the next question would inevitably be will I make it to 7 before i go back to 5. Jamaal

Those are so much better than my mechanic car salesman analogy. For anyone that read my post disregard what I said and substitute whitster instead. Jamaal

I really wasn't asking if I will be consistently profitable or if I have a sound methodology I just wanted to see if people thought I would get to 6000 or 4000 first. Who knows where or what I'll do after that. Maybe I'll get to 10000 and then lose it all, or maybe ill get to 3000 and call it a...

I may change that as I learn the error of my ways but if right off the bat I lose $1000 I'm gonna take that as a pretty strong signal that Im a dumbass. Jamaal

Im pretty sure you do need 25K to trade ETF's, I dont see why they wouldnt fall under PDT. I do have more than 25K in my other trading acount so that point is moot. As for why I dont just stick to stocks, I want to try something new and a little different. I did make money from trading stocks...

Well I'm about a year away from a bachelors degree in economics so this topic hits a little close to home. But saying that economists should be good traders is like saying mechanics should be good car salesmen. Okay maybe thats a bad example. But just knowing how the system works doesnt make you...

Wouldn't that mean I made it to $6000 first? :-) Actually if I make it to $6K I will pull out $1K to bring me back down to $5K. My method of paying myself and securing capital.