I would have a bet that the regular job provides a decent income, but not the intellectual challenge. Thus i suspect that the psychology of Neke's trading has less to do with making profits, more to do with the personal fulfillment of the challenge. For me that's how trading should be, profits come way down the list when it comes to the motivations behind trading. pneuma
If Neke even contemplated shorting a stock that dropped almost 95%, found rapid support in pre-market @ .50 a share and had a max risk of .90 a share at the point he went long, then I'm closing my NEKE Dec $975K call position
I have a regular job (which kept me late friday night). Sure the income from trading helps, but it is not the first line. Haven't withdrawn anything yet this year because the performance hasn't been stellar (plus there is no compelling need).
Ameritrade wont let you do many things. I found that many loosely traded penny stocks cant be traded through Ameritrade. I tried opening up a position on QTWW using a limit order that wasnt over the ask and also on UXG. They wouldnt let me do it and refused the order. One time when I tried establishing a position in XIN a representative from their risk control department called me and explained why they were rejecting the order. My experience with IB is that they will take any order. There are no safeguards with them.