Does anyone else believe that there is a will be a fed cut next week? I have been listening to a few analysts who believe it is an almost certain...
Bottom line is, I don't care who is right Israelis or Palistiniens, although I have to admit that I would be pretty pissed too if I was a...
The US should respond to this by cutting all ties with Israel. They have caused us enough grief. They are as much at fault for this tragedy as any...
I have been watching NVDA for the last week as a potential new stock to trade. I don't think I will begin trading it however. The stock just gaps...
They had the combination of 10-1 leverage + bad risk management. The rumor is a few traders held large positions overnight and blew the firm out...
The issue that concerns me regarding Echotrade is the possibility of the firm blowing itself up. Since your money is not SIPC insured you may lose...
Eldredge, What you mentioned was banned by the NASD. It was good while it lasted. Babak, A bullet is not a synthetic short. It is a...
The only reason you are buying and selling the options is to prevent a loss in the long position. If you sell the stock without having the long...
Janko, Hitman is right. At some firms, you do not need to worry about the behind the scene stuff. You just ask for a bullet for 1000 CSCO and...
Essentially you are not short. You have a long position in your account that is hedged by options. For example, you will have 1000 shrs of xyz...
TradeCourse, I agree with you. I think it will take a few weeks for everything to sort itself out. Most traders, including myself, are using...
I have found that superSoes has made trading worse. The spreads are getting too wide. It is almost impossible to get out of a bad trade with a...
This month has been very slow but the last week has been one of the worst. It is not that I have lost money, but I see little opportunity to make...
Thanks Jim, That commission schedule seems very good. I might go take a look at one of their offices.
From what you describe, EchoTrade sounds like a decent firm. The fact that you can keep 100% of your profits and there is no contract sounds good....
Plenty of firms already do this. They hold your money as a deposit and label you as a proprietary trader. When you lose money, it comes out of...
Kirk, I assume they are charging 2 cents per share; as opposed to $20 for all trades. In this market it will be very difficult for you to cover...
Sounds like a good deal to me. I just hope they are not trying to pull anything. Good Luck and let us know what happens.
PS. I would ask if this is a special rate given to for the first few months while you a learning. That seems more plausable to me.
Rope, If they hold true to this deal it is very good. If I understand correctly, you can trade 1000 share lots for $1 in, $1 out. On that kind...
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