Good analysis, I fully agree. Daytrading can be profitable if and when you spot the move EARLY and ride it, however profits are often limited as...
According to the SEC's latest regulatory circular, the new exam applies if you're a member of a CBSX firm, and does not exempt a person who...
Here's the excerpt from the SEC's November 12th 2010 regulatory release: "CBOE is developing an alternative to the Series 7 examination that is...
I see this happening on my TOS platform every now and then, and when I ask about it via their online chat, the standard response I get is "it's...
It just takes a small gain in the SPX and the piece of crap VXX crashes hard. Yes, this "contango" is also prevalent in the ETFs USO and UNG,...
Interesting post. I still remember clearly when I was watching a stock called RedHat which I used to trade quite often almost five or six years...
It's often called a "squib" and doesn't mean the stock actually traded at that price on the chart in real time. It can be deceptive especially if...
Payouts of 100% are for retail accounts, so to differentiate between retail accounts (customers) and prop trader accounts (members), FINRA b/d's...
They did not require the traders to be licensed, and everyone was allowed to trade odd lots via the Orbis platform, but not for Sterling, where...
Ya, I'm also a fan of TOS, despite some minor charting glitches once in awhile. A trader collegue of mine opened his Lightspeed account a few...
CNBC will be hyping AAPL in pre-market, which will create some definite whipsaw action at the open. Also, AAPL has earnings after the bell on...
If your strategy is to trade the "high flyers" (NFLX, AMZN, GOOG, AAPL, etc), perhaps you can ask DirectEdge if they still accept odd lots orders...
Sometimes an "erroneous print" on the live account shows up on the hi/low for the day and thus skew the charts, without self-correcting. For...
Excellent post! Screen time (several years) and OBSERVATION of the price action using multi-time frame analysis with a disciplined strategy for...
Good point. When the S&P dropped in 2008, it went from around 1300 to 850 in Sept-Oct, and again from 900 to the intraday 666 low from Jan-Mar...
I use TOS for mostly swing trading and some daytrading, and from personal experience it's a good retail platform with clean looking charts. Also,...
Apparently, IB will allow daytrades and restrict the 4th opening transaction within a rolling five day period for <25k accounts, so you don't get...
I believe this was the firm from the show "Wall Street Warriors" where they took recent college grads without charging for training. I also agree...
Read this ENTIRE thread below, and you will have your answers: http://www.elitetrader.com/vb/showthread.php?s=&threadid=181202
Bloomberg TV stated that Chinese banks in the U.S. will allow its customers to transfer up to $4,000/day into Chinese currency, and from the...
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