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We all have our demons. I have a bud who trades 50-100 contracts at a time. He actually calls his broker if he has a 50K+ day to shut him down. He'll throw in the towel on his own though, when necessary.

Oh here we go. Never had a bad day in your trading life, eh?

Something I can choose the options for myself of: -$250 market exit and lock me out for the day. +$500 Lock me out for the day. +300 but retrace to <$200 lock me out for the day. The first two being of most priorty. Anybody heard of a broker that has those kinds of features...

thanks for the input guys. I think they do it to make you 'feel' better at the end of the day.

Ah.... nice game playing. Not surprised.

I'm a bit confused. There's a real time P/L listed, and then the 'purchasing power' which is your actual cash. I'll make/loose X per day, and the next day the P/L doesn't match the difference from the purchase power from the prior day. Are they only including part of the commision on...

NoDoji... Wasn't sure you'd be back in this thread. I read all .. ugh yes! Every page in your blog since the beginning. I've been at this a while, so the fact that you CAN turn the page and a new story begins was refeshing, positive, and really played at my heart. I've surpassed 'level...

Awesome post ThuNd3r. I'm going to print that and read it every morning, and after every close. What a great piece of writing.

Thank you for sharing your thread. I will read it tonight. Yes, I have both problems. But # 1 is probably more prevalent in all aspects of my life. Memory has always been an issue for me, which is why I didn't continue on to a much higher education.

Wow this this thread hits home for me. 60K lost over two years. Lost my job last August and thought.. well finally I can clear my head and maybe if I'm focused on trading full time I'll do ok. Nope, just lost the money faster. On a margin call yesterday, put in the last of my savings...

I have called several brokers, nobody will actually talk about your needs and if you will pass. All they can say is "apply." MB trading did send an email that 50K total in some liquid form is required.

They had a little drop-down.. Previously I had chosen less than 40K filling out my application. (heck.. nobody really knows what they will make that year in trading) So when I when to "apply" for margin it said I didn't meet the income requirements, so I bumped it to over 40. It took several...

OK fellows, here is the scenario. I am collecting unemployment since having lost my job in the fall. I was using fidelity with A T margin account, but switched to IB so I can save commission money and get (hopefully) faster executions. So I completed the account, sent the money (lost two...

I do both, but scalping pays the bills. I just would like to be able to have an emergency stop automatically entered with the trade. Sometimes you don't even get a chance. I also manually calculate break even as I add shares, so it would be really nice to have the stop adjusted for it...

I am switching to IB, Genesis Laser, or Lightspeed. I've read many hours of ins and outs of all three. IB with TWS or using button trader etc have ability to place a trade with an auto-stop, and let you scale in or scale out with some automation. Does Laser or Lightspeed have any way to...

It appears they are great if you are trading small sizes in expensive stocks. If you are trading big sizes in cheaper stocks, forget about it. Am I correct that it is .25 cents to cancel an order? So if you use OCO to manage trades, add another buckish to each trip.

Thank you. I did not realize Fidelity was different in execution than say IB. I thought the difference was only in price and support.

Is this a broker problem or exchange? I use fidelity. I put in an order and I don't like the price action. So I go to cancel it and the option to cancel is disabled. I wait anywhere from 20 seconds to 10 minutes before that option is available. Meanwhile I end up buying/selling something I...

I'm still nervous about this.. anyone confirm this is correct? I still wake up with nightmares some weeks thinking about it, even months later. Also, on my Schedule D my reportable losses were $7,454.00 (which only 3K total can be taken), but my actual losses were 25K. I'm not sure how...

One minor snag, which will have an affect on the total loss. I traded most of the same stock in December, which would put those less than 30 days for the wash sale rules. Do I recover that the next year, or maybe I should just ignore the rules. I was going to get the tradelog but...