My dilemma - too good to be true? How long can I last?

Discussion in 'Professional Trading' started by cheetos, Apr 23, 2006.

  1. Let me draw an analogy. If this was a medical website, you would be like a patient asking a doctor to pull his pants down. :D
     
    #71     May 4, 2006
  2. <Let me draw an analogy. If this was a medical website, you would be like a patient asking a doctor to pull his pants down. >

    Assuming, of course, that Cheetos *is* really comparable to a doctor )
     
    #72     May 4, 2006
  3. Yeah, a Voodoo Doctor.
     
    #73     May 4, 2006
  4. $7 per trade?? Are you crazy?
     
    #74     May 4, 2006
  5. Last I checked, Ameritrade lowered their round trips to $9.99. The only other discount you can get is through their non-brokerage based service which I believe is 5 bucks. So where does the $7 come from?
     
    #75     May 4, 2006
  6. cheetos

    cheetos

    Up already over $2500 as of now. I hope I can keep this up and now blow it again.

    Bought ITWO to go up twice this morning. Up over $500 new first 5 minutes. Bought 120 puts on WFMI and sold and later again 100 puts and sold.

    Its all about timing. Only go in when everything look perfect and don't hesitate. If you hesitate, its too late. I will post the trades later but now I am on adrenalin rush.
     
    #76     May 4, 2006
  7. cheetos

    cheetos

    "Last I checked, Ameritrade lowered their round trips to $9.99. The only other discount you can get is through their non-brokerage based service which I believe is 5 bucks. So where does the $7 come from?"

    If you trades tons of shares, you can negotiate w/ them. I first got it to $8 and when I called again they reduced another buck. The day I called, I already made like 25 roundtrip trades so they were very happy to accommodate.
     
    #77     May 4, 2006
  8. cheetos

    cheetos

    "You could be onto something but you should get your law degree because you can."

    Unfornately, I went to 2nd tier law school and I was far from being top of the class. The best job I could probably find was either working for a small firm and maybe getting $50k per year w/ all the stress or take a temp job which actually pay better and make $80k per year.
     
    #78     May 4, 2006
  9. BSAM

    BSAM

    I think this thread should be renamed:

    Reminiscences Of An ET Poster
     
    #79     May 4, 2006
  10. I look at a 1 min chart of ITWO and all I have to say is wow. Stock is chopping 20 cents with lighting speed and some kid with an Ameritrade account is able to catch 50 cent trades on it with perfect execution. LOL best of all, he is playing bottom picking on a big news gap down like a complete pro.

    Ok I had enough of this thread. Although it should be put into an ET forum called "Unbelievable Stories from Unbelievable People".
     
    #80     May 4, 2006