This is a BIG deal... And IB pays you interest on the short position on principle... While everybody else just STEALS that interest... Because...
The OP is 100% at fault for making a series of disastrous trades. If the OP does not start applying max CRITICAL ANALYSIS to his trading NOW......
Max drawdowns is the FIRST stat I would want to see. Hobbyists that are trying to turn 20K into 100K... May reasonably tolerate drawdowns in...
You signed a contract when you opened your account... Giving your broker the right to do virtually anything... If you go and try to blow your...
Most of your OP is OK... But here you are DEAD WRONG. It's like saying "only persistence" is required to be: (1) A world class musician....
It's the reality of the business world. No matter what contracts you sign... If someone has your money... They can just say, "Sue me"....
You just signed a completely one-sided contract... That leaves you with virtually no rights... And entirely at the mercy of the prop firm's idea...
The "blunt hammer" approach is standard IB business philosophy... Meaning the Customer is not relevant. As a software engineer... My...
There is an entire industry of financial products aimed at professional trading operations... Thomson Financial, Reuters, etc No serious...
Chris Hitchens is Top 3 brilliant writers I read... Along with Mark Steyn and Bill Simmons. But his main arguement that there is no God......
Your general thrust does not make logical sense. You propose to compete with various highly skilled and corrupt insiders... While being an...
300 trades is statistically insignificant. Thank you for making this thread even "stupider".
No... you are a realist. An interesting aspect of this... Is that IB probably has the best Market Surveillance in the business... As opposed...
This is a great point... But using insider information to load up on options before a Big Move... Is a great way to get caught... and can result...
Your post is OK... But let me make my point differently... Point out what makes you "better than the rest". Remember in Grade 6 when you were...
Can totally relate. I can make $2,000 trading during the day... And that evening be really pissed off by a mistake or bad beat in an $11 SNG.
The typical spread on an NYSE stock that trades 50,000/day... Is $0.03 to $0.08... So I scalp for $0.04 to $0.06 all the time... About 400...
Learn to live with it.
This is a big deal for "illiquid" stocks... Which I define as trading 5,000 to 100,000 shares/day. (Perhaps one third of NYSE stocks are...
Trading and poker and sports betting are Zero Sum Games... (If one ignores transaction costs)... While long-term investing like Warren Buffet is...
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