As for the Series 7, I don't know why anyone would be frightened of this. It is a straightforward test, if you read the materials, you will pass....
Klaorman, Wow, that is totally ridiculous! 1 Million bucks! Whatever! There's another post where a guy says this: "Hold Brothers just...
I trade with ECHO, I can answer those for you. 1. Yes. 2. They give daily statements. They are downloadable every day from their site....
Leland, Yes. A bullet is a one day thing. If you want to do the same stock everyday you can get a conversion, sounds like what Klaorman says...
Bullets are an absolute necessity if you short stocks. I could not imagine life without them. I use them on 4 to 5 different stocks a day. You...
Yes, you will be considered a professional trader then. It can't all be advantages, the world is not so kind. But that is very easy to get...
Tradecourse, ARCA will change their algorithm to SuperSOES instead of SNET, I hear, but you will save a lot of money in ECN fees if you just...
They are a professional firm. They are subject to different margin requirements than most firms. Here are some other threads that have gone into...
Series 7 yes, other tests no. There seems to be a lot of fear out there of the Series 7, I don't know why. It's one of those tests that - if you...
I started another thread that should help you guys. http://www.elitetrader.com/vb/showthread.php?threadid=1775 -Jim
I started another thread that should answer this for you. http://www.elitetrader.com/vb/showthread.php?threadid=1775 -Jim
Have you guys seen this? I trade at ECHO http://www.echotradeonline.com/ they passed a memo around today that read the same as they now put up on...
Because SuperSOES is so much cheaper than ECNs, I am curious if IB will go past an ECN bid to hit a SuperSOES bid to save themselves money?...
Chika, You can't take the series 7 without being "sponsored" by one of these firms, so you will need to sign up first and they will walk you...
Try this one: http://www.neovest.com/press/6-11-01.html It is First Alert's automatic trading system. You program the filters and...
By the way, to read the above link you need Adobe Acrobat. You can get it at http://www.download.com Or just go to:...
SuperSOES allows you to auto-execute against a market maker's posted bid or offer. With SelectNET they are allowed to hold orders and back away...
They use two different software platforms. Most guys use ECHOtrader, which is their own brand of VTS. Some guys use First Alert...
Professional firms now have SOES access, through SuperSOES. What do you guys think? I was a little disappointed when I first turned...
http://www.echotradeonline.com -->I have been doing this for 8 years and have been around the block, I rate these guys very highly. Very...
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