Can you read? I made a few points, i just did not give a direction to the market. Certainly someone of your genius can tell us what the market will do tomorrow. It is a headline driven market. If you want to use your techs to play it, good for you. ...

At this point, i would rather bet that earnings will be higher or lower than the MACD going up or down. Fundamentals will turn the market, not technicals... I think there's reason to go down, but that the optimism in the market will overcome that ...

If you're trading for yourself, forming an LLC is a waste of money. What does the limited liability matter, are you going to sue yourself? You'll be paying to form the LLC, but there are no tax advantaged to having a LLC...there are no positives! ...

i use thinkorswim too...i switched from etrade because their service was terrible. 3 weeks to get money in. 3 months and they still wouldn't enable options trading for me... i've been with thinkorswim for nearly 6 months and haven't had any issues.

I believe they do this by creating a DLL and calling that...

I've been buying calls/puts and writing calls on GM for awhile now...back when they bounced between 6 and 3-4...i'm waiting now to see what the new year does to the stock before i make any more short term trades. Over a longer perspective, i'd buy ...

Well aren't you useless. Yes, i've thought about it. I'm sure any serious trader has. But this isn't math, the more thought and work put in will not return a correct answer. Fact is, more thought and work will only return an abstract answer no more ...

Depends how you're trading and how you have things set up... most likely it's going to classify as short term capital gains which i think is aorund 40% nowadays...

An option is an option. The mechanics are the same. The only change is the underlying asset. Hopefully that helps.

Just don't expect a rebound in stock price because of the word bailout. Look at what happened at Freddie and Fannie. From reading articles, it looks like the government is looking at giving loans in return for warrants worth up to 20% of the loan's ...

Think about this...leverage is only useful when cost of leverage is less than the return. Return > leverage profit = return-leverage Most brokers offer margin at 4% (correct me if i'm wrong), you're aiming at a 1% return... profit = 1-4 This is the ...

it's not a matter of math. "normalizing" a value by a mathematical process is to make the integral of a function equal to 1. By this process you create a normal probability distribution. jpy=.009121 and chf=.9441. Apparently you're use to indirect ...

Until you don't have to ask.

You're not going to accept any advice that isn't congruent with your already preconceived notions. But, i'll waste my breath... My turn to preach: As much as proper MM is important. As important as the principles are, nothing can ever replace doing. ...

I fail to see a question...I only see you preaching about the wonderful goodness of trading. The rookie q&a subforum already has enough "10 pips a day", "1 pip a day", "how i made bajillion $$$", etc....For every legit question, there's 10 BS ...

It's not a bad system. It's certainly not wrong. However, it's more of an intro than a professional system. It teaches you how to think, but not necessarily trade. Ideas such as support and resistance are, in my mind, an evolution of the 1-2-3 ...

Maybe look for import/export numbers instead? Even if they're not exactly what you're looking for, i would imagine they're quite similar. url url url Here's US trade balances: url Hope it helps.

Thanks magnum and outofajam.

I'm paper trading while i'm deciding if i want to commit the full 3500. If i'm comfortable with their platform and their service, i may just consolidate all my brokers and have the thinkorswim account. We'll see. I'll also be giving them a call ...