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Sanjuro, Datek does NOT e-mail your statement, but rather a notification that it is available for viewing online. The e-mail contains a link to a secure website, where you must first log into your account and then view the information. I first complained about this security lag almost a...

Anyone know of a good website with historic option prices? I want to be able to view a stock's price, along with the options, both puts and calls, in order to see what the average relationship is between the movement of a stock price, and that of its options. Thanks!

Anyone know of a good website with historic option prices? I want to be able to view a stock's price, along with the options, both puts and calls, in order to see what the average relationship is between the movement of a stock price, and that of its options. Thanks!

Check this out: Thanks Wireless... that is really hilarious!

I may be wrong on this, but it was my understanding that unless you have elected the mark-to-market accounting principle, then you would in fact be liable for capital gains of $50,000. Even if you lost $30,000. Maybe I'm wrong on this, but I think I was reading something about traders who...

Voodoo, The point I was trying to make is that even a 50% probability of winning would only an accurate percentage over a very large sampling of trades (10,000 or more). So if you were to only make 20-30 trades, you may very well end up with more losers or winners than 50% on each side...

One thing to keep in mind is that you might get a losing or winning streak. So although, statistically you might be right or wrong 50% of the time, you could still get a streak of 20-30 or more losers or winners in a row. Depending on the size of your capital, this means that you could have...

You don't need a separate "business" credit card, just isolate the card(s) that you have funded your trading with, from those that you make regular purchases with. Chances are, a bank would not issue you a "business" credit card without you having provable income for at least a year or two...

Yes, you can definately deduct credit card interest charges, so long as those charges were bonafide charges for cash advances/convenience check withdrawals used to fund your trading activities. However, it's propably NOT a good idea to use the same credit cards that you fund your trading...

P2, Why would the sell off be a lot less the longer we wait? The quicker the markets re-open, the more faith people will have in the stability and integrity of the markets. Just keeping the markets closed and hoping the panic will go away is not the solution. This will only increase fear...

Can anyone suggest a good and affordable means of scanning for intra-day volume spikes on stocks?

P2, If you have a trading account of $100,000, and you manage to mearly double that account each year, you'd have over $3,000,000 (before taxes) in just 5 years, and over $100,000,000 in 10 years. I guess it depends on your definition of getting rich, but I would be very happy to keep...

Go to http://www.prophetfinance.com/charts/pc.asp Click on NDX 100 under the "Indeces" tab. This will bring up a daily chart of the NASDAQ 100 with Open, High, Low and Close prices. By the way, this is a great FREE charting site.

The only problem with IB in your case, is that they require you to trade minimum 100 share lots on NYSE/AMEX. With under $500, that will just about eliminate most stocks over $5. Unless you want to trade striclty NASDAQ stocks, this will greatly limit your trading horizon if you decide to...

The site for sortwizard is: http://www.neo-ips.com/neopages/sortwiz1.htm

Next time it happens, just cancel the remaining order (if you're sure you won't get a fill), and you won't be charged anything. Or you could cancel your order for the remaining 100 shares, then place it again. This will insure that you only get charged a commission should you get the other...

TradeRX, It's very easy to say, "go for a $3 profit, risk only $1, be right only 50% of the time and you've got it made." The truth is, in this choppy market lately, it's very difficult to actually get those $3 gains. What happens when you're up $2.50? Do you now go for that extra 1/2...

This really has nothing to do with Datek or any broker. There are specific order handling rules on NYSE, which any broker would have to follow. If a trade goes off on a regional exchange and your order is being represented/worked on NYSE, no matter which broker you're with, you aren't...

NYSE and AMEX stocks routinely trade on the regional exchanges as well. This would include Chicago, Pacific, NASDAQ, Cincinnati, etc... This is not a 1 in a million occurance. In fact, it happened quite often when I used to scalp thinly traded stocks on the NYSE/AMEX. To solve this...

Sailplane, You can chart pre and after market with MBT. Here's how: Right click on your chart and choose "Setup". In the field labeled "Data Period", change it to "Time & Sales". This will enable you to chart during extended hours based upon any trades that come across the tape...