brownsfan019

I'm not sure what updates were done this time around, but will see if I can find something out.

It has gone down from time-to-time but nothing in recent memory. It constantly improves with each new upgrade. You'd have to get a demo for all of them and size it up for yourself. OEC's speed has never been an issue for me. What each trader pays is negotiable and is a function of the size being traded. I do not know if it's cheaper through an IB as I trade directly through OEC. You can manage overnight positions through the software. I do not use the custom OCO thing in OEC trader, but there is a very nice custom order designer w/in the software. You will not notice any delay on your orders. This also means that if YOUR computer goes down, your orders are still out there which is a huge thing for me personally. If my computer or internet goes down, my exit orders are out there. I believe demo is live data but there could be some nuisances with it. You'll have to contact OEC directly to see why the demo data could be off from another vendor. The best comparison is live data to live data. Demo is there to play with and test things out. No idea on this as I don't use market replay. Maybe someone else can chime in that uses this feature.

Basically during econ reports - whether individual stock earnings info or major market info - all bets are off. It's suggested that rookies stay out of this time b/c you can blink and lose a fortune if wrong. If you enjoy trading when things are really moving, then trading around news is a great way to go.

I would assume any retail broker offers margin, so that will probably be the quickest way for you to get more buying power. I used my margin quite a bit when I was swing trading to maximize my exposure. Of course, losses will sting even more - not only the loss of principal but you are also paying interest on that borrowed money.

Your 2nd option is correct ASSUMING your stop loss is triggered where you think it will be... in stocks, gaps can crush your stop in a heartbeat. Here's a random example I found from PCLN - let's sat you shorted the close where my arrow is @ 225.39. You place your stop on the high @ 236.88. Theoretical risk is 11.49/sh. The next day opens @ 241.75 = 4.87/sh higher than your stop. So keep that in mind. Your 2nd option is the way I did it while swing trading stocks you just have to realize that your stop can get blown by on gaps.

In the spirit of disclosure, are you here to promote a paid website or share ideas w/ members?

In swing trading your basic options for buying/selling in a retail account are: 1) 1-1 ratio = You have $50k in your account, you can 'spend' $50k in trades. 2) Use margin (ratios vary) = You have $50k in your account and your broker allows you to use margin which increases your trading power but you also pay interest for that privilege. Here's what Open ECry charges as an example. Outside of that, you'd have to go the prop firm route to get even more buying power.

Mark has it. When I was actively swing trading stocks, that is exactly what I would do. Figure out my entry, where my stop would be and then I could calculate how many shares to purchase.

Hopefully the new spam catchers work!

Huh? I must have missed something along the way.

What's with the spammers easily getting by the spam catching software since the site was sold? Something changed b/c we are getting hit and hit hard and often. It's annoying and a complete turnoff when stopping by TL. I log on now to see this: One username, posting the same thing in as many threads as possible. And this is a regular occurrence here now. Can't something be put into place to stop this? It's the same message in many threads. Ban the user and a new one will show up later. It was never like this prior to the site admin change.

Really Tams? You are going to torture the guy w/ that stuff? Wow, that's not nice at all. What did he do to you?

If this is the lbj that I know locally, please stay! We love you in Cleveland! :thumbs up:

Great news! I bet you can refer us to his website too, right?

Easy answer for me since I keep my losses very reasonable - my mulligan would be when to EXIT a winner. When I buy the lod or sell the hod and it turns into a big move, I'd like to keep my trade on till the corresponding high/low.

My first suggestion would be to contact a professional tax advisor. My second suggestion would be to submit as per what you've read; HOWEVER, be sure to keep all your statements and have the documentation should you be asked for it. You don't have to print each daily statement (although you could) but have a digital version stored and have backups. If you get audited and then have to hire someone you can at least turn over every single statement and let them do their work. As long as you have the documentation, you should be fine.

What's not to love about it - sit in your pajamas all day at the ATM machine, right? In all seriousness, the seclusion can get to people and I would agree. Developing a group, even if 1 other person, to chat with / bounce ideas off of is important IMO. The seclusion has to be the worst part of this business.

Trading Full Circle: The Complete Underground Trader System For Timing and Profiting in All Financial Markets New book released. I have not read it, but looks like could be a decent read. If you order, I would suggest getting through Amazon and NOT traders library as Amazon has it discounted.

Great, more spam about to come from this person now. Just trying to get their post count up and then turn the robot on.

More info here.

One way around the whole legal setup would be start a system on Collective2 and have him open a brokerage account that can accept signals from C2. So you send the trade to C2, C2 sends it to his broker. Creates an additional step or two for you, but that is a quick way to get it going w/o a lawyer in between. Of course the $5k in stocks is going to create a pdt problem. I'm so used to trading futures now that I don't think about the pdt anymore. Can you send your signals on an index - like the S&P, Dow, or Nasdaq? If so, then the ES, YM or NQ contract could work.

You don't have to subscribe to the threads you post in. You can put 'do not subscribe' in the options below your text. I have mine to default to that.

And what exactly is your 'real-time' call? Entry price: Stop price: Profit target(s): Just saying 'it's waking up' is not a real-time call.

They've been hitting TL very hard recently so something changed in the coding to open up the forum easier for these bots to hit. It's annoying - hit report post, mark spam and then it should get deleted eventually.

It's just spam, probably a spam bot.