Stock Trading and Other Things
Day Trading Firms Knowledge Base
What is the difference between billing systems and PayPal? What is the difference between billing systems and PayPal? Billing systems such as Verotel and CCBill are offered seperatly to PayPal on many sites and offer instant credit card payment, but isn't that what PayPal does too? Does PayPal require membership? Is more than one solution neccesary? What are the commisuion rates, monthly charges etc? None of the magitude of web sites I have found answers these questions. Thanks.
What are some UK based stock brokerage firms that allow you to short & long sell stocks using options? I am 18 years old and I have been looking all day for a good, easy to use UK based stock brokerage firm that allows you to short sell & long sell stocks using options trading and their strategies. I have tried E*TRADE, igmarkets, royal bank of scotland; my banking branch, and I am absolutely desperate to find a good one. Could you recommend, please, any good UK based options trading stock brokerage firms that allow you to short sell and long sell stocks in stock exchanges all over the world using a stock broker? Good answers would be much appreciated. Thanks.
anyone know of any day trading firms in canada? ....firms that trade perhaps futures, currencies, stocks etc?
Which firms leverages day trading capital? which one is the best? Other than margin accounts, 50% required deposit, are there any companies out there that will leverage your account more than that? I've heard a company will do up to 5%, but I never found it. Thanks
Will a day trading firm ask you to deposit your own money??? I saw a posting from a Day Trading firm that is looking to train new people to join their team. You are put through 2 weeks of training and assuming you pass the training, you are then able to join the team and trade. After completing the training program, the ad said that the applicant will have to deposit 4k of their own money into the trading account that will be their 'bank' and the company will add an additional 90k into the account for trading. Is this normal with trading firms (to deposit a small amount of your own funds) to ask for this deposit? If so, what is the purpose of it as obviously it does not make a difference in the total funds for trading if 90k is to be added on top. thanks., is this custom or does this seem like a scam?
Day trading firm does not return your capital,where can you file a complaint aganist them,they r LLC,PHLX,SIPC I took a job at a day trading firm, but quit before i even started, they required a min cap contribution so they cashed out my check, and now they are playing dodge ball, if the firm does not return your capital,where can you file a complaint aganist them,they are LLC, and members of PHLX,SIPC
Ok, let's try again. What are the advantages of day-trading with a firm vs. doing it at home? I know it's very risky blah blah blah. I am hoping someone answers my actual question. I appreciate it.
Best day trading broker? I have done day trading with paper money but used real time quote (level 2) for the past atleast 7 months. I know the risk involved in it, but i want to give it a try with real money. The broker i was dealing is an LLC with a pool of money. They give me1:10 buying power with min 5k to start(no 25k requirment) but the problem is the commission. They charge me $0.06 for 100 stocks (buying&selling). I am good at low price stocks, but i have to do big volumes, then i have to pay more commision with the current broker. Anyone here knows a day trading firm charges low commission or charges commission per trade rather than volume?. I checked with Ameritrade and scottrade, they don't give good buying power and they need $25k min for day trading and even worst it takes 3 days to clear the funds. Any other brokers? Thanks in advance for the help Nick Thanks a lot for those who tried to help me. Now let me give you more details. This is how the person that i am dealing with works. It is an LLC, they have a pool of money and they will let us play with that pool (1:10 buying power), provided we invest atleast 5k. LLC will not let the account go below $1000. I know the rule of 25k and this is how people work around the rule. End of the year they give a 10K form for taxes Now regarding clearing funds. I don't know much about this, but when i talked to scottrade and ameritrade they told me it will take three days to clear the account after a trade. The way i understood this is, say you have 25K in your account and you bought some shars for all 25k and sold it the same day. Now you don't have any money in your account to do another trade the same day bcoz it takes 3 days to clear the only amount you have in your account whic is 25k in this case.
Day Trading? Is day trading legal in the market today? Will the brokerage firm suspend your account if they believe you are a day trader?
Day trading as a corporation? What are the benefits vs. trading stocks as an individual? Friend and I are pooling money together to open trading account. We are trying to weigh the benefits of opening an individual trading account with an online firm or forming a Corp/LLC and trading as a partnership? Can anyone offer insight?
Can one buy and sell shares on the same day of a IPO firm on it's first day trading in secondary market? In online trading? or there any restrictions?
I am thinking about day trading. Do many people do it from home? what are the advantages to joining a firm? What is needed to day trade from home effectively, if this is possible?
I want to start day trading on the internet? I live in the U.K. Every firm I've looked at has a 15 minute delay on the quoted share prices. I need a real-time supplier of share prices. Anyone know any?
How many of you have made money day trading and how much money did you need to start? mainly i want to know if there are alot of people out there that do make a living at this and how much it took to get started. What was the worst loss they took. what kind of connection to the net did they use. what speed of computer did they use. What to look for in a daytrading firm. I would like to daytrade.
When using the MACD as a trading tool, why are the defaults 12- and 26-day moving averages? Thanks? My firm are beginning to make use of technical analysis for trading purposes, and the MACD is one of them. The thing is, the default exponential moving averages (EMA) are 12- and 26-day, which doesn't work for all the stocks I cover. My main questions are, why are 12- and 26-days the defaults, and also, how do you decide which trading day EMA to use when the defaults don't work for a particular stock? Thanks!!
Getting day trading status removed? I was hit with a day trading status so now I have to have $25,000 in my account. Is there a way to have this removed. This is the second time I was hit with it. The brockerage firm removed it the first time but can't the second time. I was told that if I wait 90 days without a day trade it will go back to a regular margin account....is this true? Is it 90 regular days or 90 trading days?
does one need a license to day trade or buy and sell stocks or call market tops and bottoms? ive recently come across some good courses in trading buying selling etc and would like to give it a shot i dont trust online e-trades or investment firms and would like to get started as a DIY project any helpful hints
day trading stock buying power? I currently have $4,000 in a discount brokerage account. This allows me to buy up to $12,000 worth of stocks by using margin. Since I was off work this past week I decided to buy a couple stocks and not hold them more than a day or two. The brokerage firm said I am now considered a patterned day trader and will restrict letting me buy stocks. They say I need $30,000 to be a daytrader. What is the difference if I make a lot of stock trades or not? Does anyone understand this daytrading rule and why I get to be considered a patterned daytrader just because I made about 3 stock trades a day?
Best online trading firm? I'm to this and I would like to know the best online firm for casual investing. I want to invest in some DRiPs maybe some currency trading as well as some day trading. Could someone please help me out. Thank You
What exactly is day trading? Please answer..? What exactly is day trading? Are you classified as a daytrader if you buy/sell a particular security (Google stock) 3 times in 5 business days? If you buy Google stock three times in one day, will that flag you as a daytrader? Or as long as you don't do a combination of buy/sell for three times in 5 days will not flag you as a daytrader? Are you classified as a daytrader if: Monday: buy Google, Verizon, Apple and JP Morgan Chase stock and sell Google Tuesday: buy McDonalds stock Wednesday: buy Nike stock Thursday: buy Adidas stock and sell Adidas on the same day Friday: buy Bank of America stock and sell Bank of America on the same day Buying 8 stocks (different companies/different securities) in 5 business days...will that classify you as a daytrader? Or will buying 8 stocks of the same company (same security) in 5 business days will classify you as a daytrader? What if you buy Google, Adidas and Bank of America in 5 days and sell it within 5 days? That would mean 3 times of buying the same security? I'm confused and want to make sure I don't get flagged as a daytrader by the brokerage firm. Thanks!
How to open a trading business firm? Hi. I do day trading, and I have a portfolio that I update montly, and so far I am doing really well, and I heard that if I trade under a business that I open, I can save lots of money with taxes. My question is..can I open my own trading firm that'll pay taxes on profits I make trading/investing? Can I add the "capital" or "financial" in the name..just wondering? Someone please let me know as I'd like to get working on this as soon as possible. Thank you in advance!
Anyone have advice on how to Trade legally if you work for an investment bank? I'm looking to day-trade.? Clearly, I want to do this legally and inform my current company of everything I do. I can't open another account with a different brokerage firm either. I have my trade strategies just need a reputable trading company to execute them. Any suggestions? I'm not high-net client either, which would make this a lot easier since certain companies have a 500,000 min to do this.
Hi, I am new investor.I do day trading.? as iam new to the market i dare to take small loses and like to take small profits like $30 OR 50.The problem is i have scottrade brokarage account, so i have to pay $14(7for buying and 7 for selling)for evry transaction to take place.As i like to small profit 50%my profit goes to scottrade and i feel like i am working for them instead for myself .Can anybody tell me which brokarage firm charge less than scottrade sothat i can improve my profit percentage.Thanks
How do mutual funds and firms purchase large amounts of shares? Do they spread it out over every couple hours, every couple days? Watch the level II quotes and fill up any large orders that are near current trading price? Good-til-Cancelled limit orders that last forever and remain very close to the trading price? How do they do it? You can't overflow the market with demand. Knowledgeable investors and traders, PLEASE! Thank you. Well they could just place a large limit order. Sorry, though, I would like a more definite answer. Thank you.
What's a good On-line broakage company to buy and sell stocks? I'm looking for a good brokerage company to start invest in. What company do not charge you high membership fees if you don't plan on making a trade every week. I want to trade when it's time to trade, and don't what a firm that requires me to trade every other day so that they can earn the commisson on the backend. What's a good compnay that you recomend?
hedge fund real time reports question? a small startup hedge fund needs real time reporting of cash balance , margin and P/L for their portfolio. they have a prime broker who doesnt get the data till the end of day. They trade through a firm inadequate of this kind of reporting. what do they do? what software do they need? how much does this cost? can this be outsourced to another firm?
which is the cheapest brokerage firm for an active trader? i mean someone who makes like a 100 trades a day, which brokerage website would be the cheapest?
How do I take my love/interest of the stock market, bonds, futures etc, and be employed in the industry? I have a US History Degree I live in basically downtown Chicago near the board of trade & Merc. I would like to take my strong interest, into a position within the actual functions of the market. Besides being an at home day- trader, how could I get into a full time role where I'm either trading within the CBOT/Merc or working for a firm involved in Stocks/Finance. I dont have any experience in the industry, have a college Degree, and 2 years in sales. Tell me how I could make my dream come true
Any one interested to learn How to trade stock with free mentoring and use firm's capital? Wall Street Career opportunity: Equity Trader/Experience/No Experience / Trainees/ College Students Needed. *We are looking to hire Experienced Traders/Trainees/College Students. We will teach you step by step how to profit from stock market every day; No matter what is the direction of the market (up or down). *NO licenses needed to trade. *Trade from our office or Remote from your home. *Trade Large Amount of firm’s Capital. • You keep up to 100% of your payout. • Very Competitive commissions. • Free S&P, Oil and Gold Futures. • Live market data, Breaking News from Trade the news and Bloomberg • Direct connection to NYSE , NADAQ,AMEX and all ECNs. • Full ECN Rebate. If you are highly motivated, focused, and interested in working in a competitive environment that offers high earning potential, we invite you to explore a career with us. Please be advised that this is not a salary position and all traders are Required to make minimum capital contribution to their account. We invite you to spend a day with us and see exactly what we are talking about. If you are interested please submit a current resume to: Jobs@StarAllianceCapital.com For more information visit our web site: www.StarAllianceCapital.com
Can a highly intelligent individual significantly beat the market trading? Assume somebody with an unusually high iq and a substantial understanding of gambling mathematics, finance, and economics. Assume this individual would be working with total capital of approximately $100k and would work from his home office. Assume this individual could devote several hours per day if necessary. Realistically, is there a reasonable way this individual could master getting in and out of investments in a way that leads to a significantly higher return than the general market? I am pretty well versed in the efficient market hypothesis, and I generally think that short-term trading is little more than flipping coins with transaction costs. But there clearly are entire firms set up that apparently make money trading the market, and there are individuals who do make significant income trading. These successful traders are likely like any business person who found a profitable niche: they do all they can to not publicize how they're making money. Thanks.
How do I open and manage my own 401k? I'll be graduating college in May and be taking a job with an insurance firm. I'm well aware that this is prime time to start investing for retirement but I'm looking for some how-to help. My employer has a 401k plan that I need not contribute too and will still receive 15% of my base salary in contributions annually. I'd like to also personally contribute to my retirement plan but I do not want to be bound by their 401k earnings. Is it possible to open a second 401k in my name? If so, I would also like to manage it myself. I have an account with TD ameritrade and a do a bit of day-trading. Can you day-trade with 401k contributions? How and what firms would you recommend to do this with?
How can I get into Harvard Business School despite mediocre undergraduate grades? My dream is to obtain an M.B.A from Harvard. Unfortunately, I am set to graduate with about a 3.3 or 3.4 GPA. Primarily because I needed to work full-time (financial reasons). I did however, accomplish great things. I have an immense understanding of Finance at my age. I obtained a series 7/63 license at age 20. I've worked at two different brokerage firms and have strived to start a meaningful organization (for profit.) I also take pride in my writing skills, etc. What should I do from now until I apply for graduate school? I already know the obvious: score high on the GMAT and build an amazing resume. Any other tips? By the way, I graduated high school with a 2.7 GPA. I thought I was the ruler of the world and decided to stay home and trade my brokerage account during school hours every other day. Stupid? Yes. At least I stayed drug free! =] Anyways, tips please! Oh, and I was ranked #6 in the CNBC million dollar challenge about two days ago! 130% return on my investment. I figure I'll need the money to pay for HBS. I'm also Hispanic (Cuban descent).
How many people worked at Madoff Investment firm? If they were not trading shares, then what did all those people do all day? Strange that the mainstream media hasn't investigated this. Were they just surfing the web all day? What the hell. Banksters and investors are not so smart just daring bank robbers and thieves. Bankster rats in NYC.
Chosing an Investment Firm...? I would like to buy some stocks, but I want to do it in a cost effective and flexible way. I have been looking at Scottrade and E-Trade, but I wanted to ask people with experience. I would like to purchase stocks online. Also, I am puzzled by the saving's account that acts as an intermediary between my bank account and my investment portfolio. Are there firms that eliminate this "middleman" approach, but still provide a flexible (quick) way to purchase/sell stock. I don't plan to do day trading... most likely periodic investments (long term), though I want to make sure if I want to but a stock, I can do so quickly. Should I be looking at some other investment firms I am not aware of? Your insight is appreciated, I don't want to start out with the wrong firm.
Any one else has bad Experience with Atlas Trading NYC? I used to trade with Atlas trading NYC office. Since there Trading Syestem was going down several times in a day and every one was loosing so much money, I have decided to leave that Firm. I am a prop Stock trader and joined them because they were advertising and claiming they are honest. However , afdter 6 months i , was not able to get the remaining money on my account from them. They dont even answer the phone andif they do they alwas promise that they will send me the check , however since 6 months ago i still didnt get my money back. Please be careful if you wanna join them and if any one has any experience ,share it with me.
Employee Trading Account? I am an intern in wealth management at one of the big banks. To make a long story short, my boss is a controlling and manipulative +20 years my senior creepy man who discreetly (is smart enough to not be overt) hits on me all the time. Not only that, but he is jealous because I have a lot of money. Since I work for an investment firm I am unable to open an account at another firm due to SEC rules. However, I want to open a trading account. I talked with the operations manager and he said I could just open it under my boss. So not only would my boss get to see what trades I make and how much I invest, he would get a commission. For example, my boss knows that I have a lot of a particular stock. One day it was down a significant amount and he kept bringing it up, almost rubbing it in my face. QUESTION: What can/should I do about this? I think it is a conflict of interest that my primary supervisor also see into my account and activity. I am not cracking open my piggy bank, I have serious money to invest and I take it seriously. He is a very weak person and will be offended if I select another broker to have it under. The main (and only) HR manager is an absolute b*tch to me because I am young and cute and she is old, ugly and single. It's not like I can trust her. I do not want to offend my boss, expose my personal life/decisions, or deprive myself of making some significant gains/trades in this market. Please let me know if you have any suggestions on how to handle this situation. Thank you for any and all advice.
What exactly happens in a sell during a currency trade? assuming the firm I am using isn't just using its own clients against eachother...can you explain to me how this situation would work. I have $100,000 USD sitting in my pocket right now. I think that the EUR/USD price is going to go from .8 to .95. In other words I believe that the value of the dollar will rise against that of the euro, which could also be said that the value of the euro will decrease to that of the dollar. Pretty much what i'm saying is the dollar is going to look better than the euro. But I'm already holding onto 100K USD, how am i going to make money from such a situation? If i convert to eur today, it will give me 80K. I am speculating that in a few days my 100K converted to EUR is going to give me 95K. So how can I benefit from this speculation? What exactly needs to be done, what trade with whom? Thanks
Can anyone recommend a decent online investment website? I currently use Edward Jones, which is face to face investment firm. I have been doing ok, but I am interested in switching to something where I feel I have more control. I am not a day trader, I invest for the long term, so cheap daily transactions are not an emphasis. I have been seeing a lot of ads as well as good reports on E*Trade...any recommendations?
What is the best online brokerage firm to use if you online if you make under 50 trades per year? Mainly buy and hold, but I want low commssions, and to know that my order will be executed quickly not 3 days later.
Anyone intrested in writing a two page summary of this? FIBER KEEPS ITS PROMISE BY GEORGE GILDER "Today, I await the death of television, telephony, VCRs, and analog cameras with utter confidence as Moore's law unfolds." Rupert Murdoch, Ted Turner, John Malone, are you listening?" Get ready. Bandwidth will triple each year for the next 25, creating trillions in new wealth. Editor's note: Four years ago, Forbes ASAP published its first issue with a stunning prophecy by contributing editor George Gilder. Fiber optics, said George, had the potential to carry 25 trillion bits per second down a single strand. This represented a ten-thousandfold leap in carrying capacity over the 2.5 billion bits "barrier" long assumed by most experts in the field. What did George see that others had missed? One, a little-recognized (at the time) breakthrough called an erbium-doped amplifier, which keeps optical signals pure and strong over long distances. The other was a deep technical shift, with roots in the 1940s-era work of information theory pioneer Claude Shannon. If you believed Shannon, his logic dictated a new messaging scheme called wave division multiplexing. Though scorned by the experts four years ago, WDM now is emerging as the winner George had prophesied. The real winners will be all of us, as the coming world of cheap, unlimited bandwidth unfolds and at last fulfills the true potential of the information age. Here is George with an update. IMAGINE THAT IN 1975 YOU KNEW that Moore's law--the Intel chairman's projection of the doubling of the number of transistors on a microchip every 18 months--would hold for the rest of your lifetime. What if you knew that these transistors would run cooler, faster, better, and cheaper as they got smaller and were crammed more closely together? Suppose you knew the law of the microcosm: that the cost-effectiveness of any number of "n" transistors on a single silicon sliver would rise by the square of the increase in "n." As an investor knowing this Moore's law trajectory, you would have been able to predict and exploit a long series of developments: the emergence of the PC; its dominance over all other computer form factors; the success of companies making chips, disk drives, peripherals, and software for this machine. With a slight effort of intellect, you could have extended the insight and prophesied the digitization of watches, records (CDs), cellular phones, cameras, TVs, broadcast satellites, and other devices that can use miniaturized computer power. If you did not know precisely when each of these benisons would flourish, you would have known that each one was essentially inevitable. To calculate approximate dates, you had only to guess the product's optimal price of popularization and then match its need for mips (millions of instructions per second) of computer power with the cost of those mips as defined by Moore's law. Merely by using this technique of Moore's law matching--and holding to it with unshakable conviction for nearly 20 years--I became known as a "futurist." Today I await the death of television, telephony, VCRs, and analog cameras with utter confidence as Moore's law unfolds. You can tell me about the 98% penetration of TVs in American homes, the continuing popularity of couch-potato entertainments, the effectiveness of broadcast advertising, and the profound and unbridgeable chasm between the office appliance and the living-room tube. But I will pay no attention. Just you wait--Jack Welch, Ted Turner, Rupert Murdoch, John Malone, and David Jennings--the TV will die and you may be too late for the Net. It is now 1997, and a stream of dramatic events certifies that another law, as powerful and fateful and inexorable as Moore's, is gaining a similar sway over the future of technology. It is what I have termed the law of the telecosm. Its physical base lies in the same quantum realm of eigenstates and band gaps that governs the performance of transistors and also makes photons leap and lase. But the telecosm reaches beyond components to systems, combining the science of the electromagnetic spectrum with Claude Shannon's information theory. In essence, as frequencies rise and wavelengths drop, digital performance improves exponentially. Bandwidth rises, power usage sinks, antenna size shrinks, interference collapses, error rates plummet. The law of the telecosm ordains that the total bandwidth of communications systems will triple every year for the next 25 years. As communicators move up-spectrum, they can use bandwidth as a substitute for power, memory, and switching. This results in far cheaper and more efficient systems. In 1996, the new fiber paradigm emerged in full force. Parallel communications in all-optical networks became the dominant source of new bandwidth in telecom. Like Moore's law, the law of the telecosm will reshape the entire world of information technology. It defines the direction of technological advance, the vectors of growth, the sweet spots for finance. AMERICA'S DARK SECRET FOR MORE THAN A DECADE, American companies have been laying optical fiber strands at a pace of some 4,000 miles a day, for a total of more than 25 million strand miles. Five years ago, the top 10% of U.S. homes and businesses were, on average, a thousand households away from a fiber node; now they are a hundred households away. However, the imperial advance of this technology conceals a dark secret, which has led to a pervasive underestimation of the long-term impact of photonics. Sixty percent of the fiber remains "dark" (unused for communications) and even the leading-edge "lit" fiber is being used at less than one ten-thousandth of its intrinsic capacity. This problem has prompted leaders in the industry, from Bill Gates and Andy Grove to Bob Metcalfe and Mitch Kapor, to underrate drastically the impact of fiber optics. Restricting the speed and cost-effectiveness of fiber has been an electronic bottleneck and a regulatory noose. In order for the signal to be amplified, regenerated, or switched, the light pulses had to be transformed into electronic pulses by optoelectronic converters. For all the talk of the speed of light, fiber-optic systems therefore could pass bits no faster than the switching speed of transistors, which tops out at a cycle time of between 2.5 and 10 gigahertz. Meanwhile, telecom companies could not deploy new low-cost fiber products any faster than the switching speed of politicians and regulators, which tops out roughly at a cycle time of between 2.5 years and a rate of evolution measurable only by means of carbon 14. Nonetheless, the intrinsic capacity of every fiber line is not 2.5 gigahertz. Nor is it even 25 gigahertz, which is roughly the capacity of all the frequencies commonly used in the air, from AM radio to kA band satellite. The intrinsic capacity of every fiber thread, as thin as a human hair, is at the least one thousand times the capacity of what we call the "air." One thread could carry all the calls in America on the peak moment of Mother's Day. One fiber thread could carry 25 times more bits than last year's average traffic load of all the world's communications networks put together: an estimated terabit (trillion bits) a second. Over the last five years, technological breakthroughs and legislative loopholes have begun to open up this immense capacity to possible use. Following concepts pioneered and patented by David Payne at the University of Southampton in England, a Bell Laboratories group led by Emmanuel Desurvire and Randy Giles developed a workable all-optical device. They showed that a short stretch of fiber doped with erbium, a rare earth mineral, and excited by a cheap laser diode can function as a powerful amplifier over fully 4,500 gigahertz of the 25,000 gigahertz span. Introduced by Pirelli of Italy and popularized by Ciena Corporation of Savage, Maryland, and by Lucent and Alcatel, today such photonic amplifiers are a practical reality. Put in packages between two and three cubic inches in size, the erbium-doped fiber amplifiers (EDFAs) fit anywhere in an optical network for enhancing signals without electronics. This invention overcame the most fundamental disadvantage of optical networks compared to electronic networks. You can tap into an electronic network as often as desired without eroding the voltage signal. Although resistance and capacitance will leach away the current, there are no splitting losses in a voltage divider. Photonic signals, by contrast, suffer splitting losses every time they are tapped; they lose photons until eventually there are none left. The cheap and compact all-optical amplifier solves this problem. It is an invention comparable in importance to the integrated circuit. Just as the integrated circuit made it possible to put an entire computer system on a single sliver of silicon, the all-optical amplifier makes it possible to put an entire system on a seamless seine of silica--glass. Unleashing the law of the telecosm, it makes possible a new global economy of bandwidth abundance. Five years ago when I first celebrated the radical implications of erbium-doped amplifiers, skepticism reigned. I was summoned to Bellcore, where the first optical networks had been built and then abandoned, to learn the acute limits of the technology from Charles Brackett and his team. I had offered the vision of a broadband fibersphere--a worldwide web of glass and light--where computer users could tune into favored frequencies as readily as radios tune into frequencies in the atmosphere today. But Brackett and other Bellcore experts told me that my basic assumption was false. It was no simpler, they said, to tune into one of scores of frequencies on a fiber than to select time slots in a time-division-multiplexed (TDM) bitstream. Indeed, electronic switching technology was moving faster than optical technology. In the face of the momentum and installed base of electronic switching and multiplexing, the fibersphere with hundreds of tunable frequencies would remain a fantasy, like Ted Nelson's Xanadu. In 1997 the fantasy is coming true around the world. Xanadu has become the World Wide Web. The erbium-doped fiber amplifier is an explosively growing $250 million business. Electronic TDM seems to have topped out at 2.5 gigabits a second. TDM gear has suffered a series of delays and nagging defects and so far has failed in the market. Electronic TDM failed not only because it pushed the envelope of electronics but also because it violated the new paradigm. In single-mode fiber, the two key impediments are nonlinearities in the glass and chromatic dispersion (the blurring of bit pulses because even in a single band different frequencies move at different speeds). Chromatic dispersion increases by the square of the bit rate, and the impact of nonlinearities rises with the power of the signal. High-powered, high-bit-rate TDM flunked both telecosm tests. By contrast, wavelength-division multiplexing (WDM) follows the laws of the telecosm; it succeeds by wasting bandwidth and stinting on power. WDM takes some 33% more bandwidth per bit than TDM, but it reduces power to combat nonlinearity and divides the bitstream into multiple frequencies in order to combat dispersion. Thus it can extend the distance or increase capacity by a factor of four or more today and can lay the foundations for the fibersphere tomorrow. In 1996 the new fiber paradigm emerged in full force. Parallel communications in all-optical networks, long depicted as a broadband pipe dream, crushed all competitors and became the dominant source of new bandwidth in the world telecom network. The year began with a trifold explosion at the Conference on Optical Fiber Communication in San Jose when three companies--Lucent Technologies' Bell Labs, NTT Labs, and Fujitsu--all announced terabit-per-second WDM transmissions down a single fiber. Sprint confirmed the significance of the laboratory breakthroughs by announcing deployment of Ciena's MultiWave 1600 WDM system, so called because it can increase the capacity of a single fiber thread by 1,600%. The revolution continues in 1997. At the beginning of January, NEC declared that by increasing the number of bits per hertz from one to three, it had raised the laboratory WDM record to three terabits per second. During 1996, MCI had increased the speed of its Internet backbone by a factor of 25, from 45 megabits a second to 1.2 gigabits. On January 6, Fred Briggs, chief engineering officer at MCI, announced that his company is in the process of installing new WDM equipment from Hitachi and Pirelli that increases the speed of its phone network backbone to 40 gigabits per second. Accelerating MCI's previous plans by some two years, the new system will use a more limited form of wavelength-division multiplexing to put four 10-gigabit in-cause formation streams on a single fiber thread. The first deployment will use existing facilities on a 275-mile route between Chicago and St. Louis, but the technology will be extended to the entire network. This move will consummate a nearly thousandfold upgrade of the MCI backbone, from 45 megabits per second to 40 gigabits, within some 36 months. Ciena, meanwhile, has announced technology that allows transmission of 100 gigabits per second. Its February IPO was the most important since Netscape (market cap at the end of the first trading day: $3.4 billion). Why? Ciena is the industry leader in open standard WDM gear. During the first six months the MultiWave 1600 was available, through October 1996, the firm achieved $54.8 million in sales and $15 million in net income. (Lucent is believed to be the overall leader with more than $100 million of mostly proprietary AT&T systems.) At the same time, the trans-Pacific consortium announced that it would deploy 100-gigabit-per-second fiber in its new link between the United States and Asia. A powerful new player in these markets will be Tellabs, currently the fastest-growing supplier of electronic digital cross-connect switches and other optical switching gear. In a further coup, following its purchase of broadband digital radio pioneer Steinbrecher, Tellabs has signed up all 12 principals in IBM's all-optical team. Headed by Paul Green, recent chairman of the IEEE Communications Society and author of the leading text on fiber networks, and by Rajiv Ramaswami, coauthor of a new 1997 text on the subject, the IBM group built the world's first fully functioning all-optical networks (AONs), the Rainbow series. Tellabs now owns the 11 AON patents and 100 listed technology disclosures of the group. The implications of the WDM paradigm go beyond simple data pipes. The greatest impact of all-optical technology will likely come in consumer markets. A portent is Artel Video Systems of Marlborough, Massachusetts, which recently introduced a fiber-based WDM system that can transmit 48 digital video channels, 288 CD-quality audio bitstreams, and 64 data channels on one fiber line. Aggregating contributions from a variety of content sources--each on different fiber wavelengths--and delivering them to consumers who tune into favored frequencies on conventional cable, the Artel system represents a key step into the fibersphere. It can be used for new services by either cable TV companies or telcos. The deeper significance of the Artel product, however, is its use of bandwidth as a replacement for transistors and switches. The Artel system works on dark fiber without compression. The video uses 200-megabit-per-second bitstreams (compare MPEG2 at 4 to 6 megabytes per second) that permit lossless transmissions suitable for medical imaging, and obviate dedicated processing of compression codes at the two ends. A move to massively parallel communications analogous to the move to parallel computers, all-optical networks promise nearly boundless bandwidth in fiber. According to Ewart Lowe of British Telecom, whose labs at Martlesham Heath in Ipswich have been a fount of all-optical technology, the new paradigm will reduce the cost of transport by a factor of 10. For example, the optoelectronic amplifiers previously used in fiber networks entailed nine power-hungry bipolar microchips for each wavelength, rather than a simple loop of doped silica that covers scores of wavelengths. As these systems move down through the network hierarchy, the growth of network bandwidth and cost-effectiveness will not only outpace Moore's law, it will also excel the rise in bandwidth within computers--their internal "buses" connecting their microprocessors to memory and input-output. While MCI and Sprint move to deploy technology that functions at 40 gigabits a second, current computers and workstations command buses that run at a rate of close to 1 gigabit a second. This change in the relationship between the bandwidth of networks and the bandwidth of computers will transform the architecture of information technology. As Robert Lucky of Bellcore puts it, "Perhaps we should transmit signals thousands of miles to avoid even the simplest processing function." Lucky implies that the law of the telecosm eclipses the law of the microcosm. Actually, the law of the microcosm makes distributed computers (smart terminals) more efficient regardless of the cost of linking them together. The law of the telecosm makes broadband networks more efficient regardless of how numerous and smart are the terminals. Working together, however, these two laws of wires and switches impel ever more widely distributed information systems, with processing and memory in the optimal locations. WHAT SHOULD THE MAJOR PLAYERS DO NOW? FOR THE TELEPHONE COMPANIES, the age of ever smarter terminals mandates the emergence of ever dumber networks. Telephone companies may complain of the large costs of the transformation of their system, but they command capital budgets as large as the total revenues of the cable industry. Telcos may recoil in horror at the idea of dark fiber, but they command webs of the stuff 10 times larger than any other industry. Dumb and dark networks may not fit the phone company self-image or advertising posture. But they promise larger markets than the current phone company plan to choke off their own future in the labyrinthine nets of an "intelligent switching fabric" always behind schedule and full of software bugs. Telephone switches (now 80% software) are already too complex to keep pace with the efflorescence of the Internet. While computers become ever more lean and mean, turning to reduced instruction-set processors and Java stations, networks need to adopt reduced instruction-set architectures. The ultimate in dumb and dark is the fibersphere now incubating in their magnificent laboratories. The entrepreneurial folk in the computer industry may view this wrenching phone company adjustment with some satisfaction. But computer firms must also adjust. Now addicted to the use of transistors to solve the problems of limited bandwidth, the computer industry must use transistors to exploit the nearly unlimited bandwidth. When home-based machines are optimized for manipulating high-resolution digital video at high speeds, they will necessarily command what are now called supercomputer powers. This will mean that the dominant computer technology will first emerge not in the office market but in the consumer market. The major challenge for the computer industry is to change its focus from a few hundred million offices already full of computer technology to a billion living rooms now nearly devoid of it. Cable companies possess the advantage of already owning dumb networks based on the essentials of the all-optical model of broadcast and select--of customers seeking wavelengths or frequencies rather than switching circuits. Cable companies already provide all the programs to all the terminals and allow them to tune in to the desired messages. But the cable industry cannot become a full-service supplier of telecommunications unless the regulators give up their ridiculous two-wire dream in which everyone competes with cable and no one makes any money. Cash-poor and bandwidth-rich, cable companies need to collaborate with telcos--which are cash-rich and bandwidth-poor--in a joint effort to create broadband systems in their own regions. In all eras, companies tend to prevail by maximizing the use of the cheapest resources. In the age of the fibersphere, they will use the huge intrinsic bandwidth of fiber, all 25,000 gigahertz or more, to simplify everything else. This means replacing nearly all the hundreds of billions of dollars' worth of switches, bridges, routers, converters, codecs, compressors, error correctors, and other devices, together with the trillions of lines of software code, that pervade the intelligent switching fabric of both telephone and computer networks. The makers of all this equipment will resist mightily. But there is no chance that the old regime can prevail by fighting cheap and simple optics with costly and complex electronics and software. The all-optical network will triumph for the same reason that the integrated circuit triumphed: It is incomparably cheaper than the competition. Today, measured by the admittedly rough metric of mips per dollar, a personal computer is more than 2,000 times more cost-effective than a mainframe. Within 10 years, the all-optical network will be thousands of times more cost-effective than electronic networks. Just as the electron rules in computers, the photon will rule the waves of communication. I know people would not write it..But worth a try:)
Should I share trade secrets with a work rival? My employer, a web development firm, rents out office space to a self-employed graphic/web designer. I do most of the designing for my company; sometimes we contract out to her for design work. She has shared with me a couple of links to design resources (color ideas, etc.), which I appreciate. But one day she asked where I get my web design inspiration. I said I would send her some links but didn't, because the fact is, she's our competition as well. Her web skills need improvement (I think she knows that), and I don't want her to take business from us in the long run. It doesn't help that she used to brag about her talents, an attitude I don't appreciate. If she's so good, she should be resourceful enough to find her own inspiration. Should I be friendlier about this and send her the links?
What legal action could I take, if any? Ive been trading stocks for the past two years or so and I've done very well for myself. Ive been with the same broker the entire time under a personal account. My accountant suggested I create a business so I can write off some of my expenses. So after doing so, I closed my personal account with my broker and set up an account under my business name. I funded the account with the amount needed to legally day trade and my broker told me I would have to wait a while for all my paperwork to be processed through the IRS and he would call me when I could start trading again. Weeks past with no response. I tried calling several times and he seemed to avoid my calls or just said my account wasn't ready when I did get a hold of him. I even inquired about him releasing me from our contract due to the long delay and he refused unless I payed a huge percentage of my account value. So I backed off and patiently waited. Over 4 months passed when I finally got a call from my broker who told me their firm was shutting down. He then went on to admit to me that my account had been good to go soon after I opened it but their firm was being audited because of some shady business practices and he needed a few accounts with over $25k in them so they would appear legit. So basically, I was lied to and kept from my means of income for over 4 months and he withheld my $30k wrongfully, in my eyes. The money is insured so I will get it back, but even for that I have to wait until February. So, what legal action could I take against either my broker or his firm, if any?
How did Colombia end up hiring lobbying firms with close ties to the Clintons' political operations? Bill Clinton met with Colombian President Alvaro Uribe on March 26, 2007, at the 80th birthday party for Gabriel Garcia Marquez. Ten days later, on April 5, ColombiaProExport signed a $40,000 a month contract with the Glover Park Group - a lobbying firm often called "the Clinton White House in exile." A few weeks later, Penn's firm, Burson MarSteller, signed a $300,000 contract on the Colombia trade deal. According to one high Colombia official privy to Bill Clinton's private conversations, the former president urged Colombia to shift its focus from GOP legislators to Democrats (who'd taken control of Congress) and then made phone calls to two Democratic congressmen.
What should I do with this aimless life? Well, I'm 22, about to graduate from university after 5 years of study...which is all fine and dandy except over the past 8 months, I've grown to hate my field. I can't stand the thought of getting a job in this industry. It's so boring, vapid, useless... Some background: I'll be graduating with a Bachelor in Math and another Bachelor in Business Administration, majored in statistics and finance. My whole university career, I've wanted to do finance. Practically every course I took had to do with investments, trading, mathematical modeling etc, and every internship I did was at a trading firm. Everything was perfect, everything was supposed to culminate to the perfect finance job after graduation! And then...I got an internship at an investment banking firm and did banking for a while...oh my god, it was the worst year of my life! Everyday, 15 hours of work, no weekends, people on my back all the time, my coworkers talking shit about me...After that disgusting experience, I've been turned off finance completely. When I look at stock prices now, all I can think about is the idiots in my office arguing about book value...*shudder*....I can't stand it now. I can't stand following stocks any more. I used to love studying derivatives, and now I can't bear to crack open the new textbooks I had bought. It feels like I've become a new person and I don't know who I am. Short of banking being a stupid practice, it's over now anyway. There's practically no jobs in finance. The new grad interview cycles are over, I didn't apply to grad school because I don't want to stay in school another 2 years. SIGH But now what am I supposed to do? I don't want to work in an office job, staying inside the office all freaking day looking at a computer, wasting my life away plugging numbers for someone else. But what else can I do with my degrees. Math + BBA = Finance URG. I looked up what it takes to be a doctor, but it turns out because of all those finance courses, I don't have the prerequisites.... God my life is lame. What should I do with my lame lame life that is non-finance related...
The British, Canadians & European Union think Sen Obama is fomenting a global trade war. Are they right? http://afp.google.com/article/ALeqM5ggHxjYOjEMGJcNQGflXNdwx4Sckw AFP Miliband to urge US to stand firm on free trade: report - 3 days ago LONDON (AFP) — {British Labour} Foreign Secretary David Miliband "American internationalism has been a feature of all periods of global progress," he told the business daily before heading to the United States where he will meet advisers to Hillary Clinton and Barack Obama, among others. "It's absolutely clear that the world needs an America that's engaged with the global trading system in a very fundamental, very committed way. The problem is not too much trade, the problem is too little trade. "That is our position as a British government, and it will be articulated clearly and consistently." NAFTA, created under Bill Clinton in 1994, created the largest trading bloc in the world by eliminating import tariffs on goods circulating among partners Canada, the United States and Mexico. The foreign secretary's stance comes after criticisms from Canada and the EU's trade commissioner Peter Mandelson, who attacked US presidential hopefuls -- but not by name -- for appearing to want to disengage from globalisation. "It's a mirage and they know it and it's very irresponsible, in my view, to pretend to people that we can disengage from international trade, we can create barriers around our economy and be surprised when people retaliate by doing the same," he told BBC television earlier this month. "Where's that going to lead us? It's going to lead us into a vicious spiral of 'beggar thy neighbour' policies which will take us decades back in terms of trade growth and rising living standards that we've seen in the world." Democrats used to be against this:- 'In 1932, with international trade in collapse, Franklin Roosevelt denounced Smoot-Hawley as ruinous. Hoover responded that Roosevelt would have Americans compete with "peasant and sweated labor" abroad. Then, as now, protectionism had a strong if superficial political appeal: by election eve, F.D.R. had backed down, assuring voters that he understood the need for tariffs. Protectionist politicking, however, could not save the Republicans in 1932. Smoot and Hawley joined Hoover in defeat. The Democrats dismantled the G.O.P.'s legislative handiwork with caution, using reciprocal trade agreements rather than across-the-board tariff reductions. The Smoot-Hawley approach was discredited. Sam Rayburn, House Democratic Speaker from 1940 until 1961, insisted that any party member who wanted to serve on the Ways and Means Committee had to support reciprocity, not protectionism.' from Time Magazine, "Shades of Smoot-Hawley Monday, Oct. 07, 1985"
Will Senator Obama's opposition to free trade plunge the world into a Great Depression? http://afp.google.com/article/ALeqM5ggHxjYOjEMGJcNQGflXNdwx4Sckw AFP Miliband to urge US to stand firm on free trade: report 3 days ago LONDON (AFP) — {British Labour} Foreign Secretary David Miliband "American internationalism has been a feature of all periods of global progress," he told the business daily before heading to the United States where he will meet advisers to Hillary Clinton and Barack Obama, among others. "It's absolutely clear that the world needs an America that's engaged with the global trading system in a very fundamental, very committed way. The problem is not too much trade, the problem is too little trade. "That is our position as a British government, and it will be articulated clearly and consistently." NAFTA, created under Bill Clinton in 1994, created the largest trading bloc in the world by eliminating import tariffs on goods circulating among partners Canada, the United States and Mexico. The foreign secretary's stance comes after criticisms from Canada and the EU's trade commissioner Peter Mandelson, who attacked US presidential hopefuls -- but not by name -- for appearing to want to disengage from globalisation. "It's a mirage and they know it and it's very irresponsible, in my view, to pretend to people that we can disengage from international trade, we can create barriers around our economy and be surprised when people retaliate by doing the same," he told BBC television earlier this month. "Where's that going to lead us? It's going to lead us into a vicious spiral of 'beggar thy neighbour' policies which will take us decades back in terms of trade growth and rising living standards that we've seen in the world."
I am interested in commodity trading.? To become a commodity trader you need the series 3. But who are you selling to? I understand the concept of leverage and the potential profits/losses. Do you have to seek out clients or do the clients seek you out? Working for a firm, what happens when the contract expires and with the actual commodity? Can you give me a "day in your life" description? What degrees and other licenses/designations do you have?
Is running a Ponzi scheme hard work? How does Bernie Madoff's firm not execute a single trade, employ numerous people, and not one other person but he knows it's a sham? That's just not possible! What did they do all day? What did the employees do?
9/11 Questions? Why do so many people here always respond to questions about 9/11 as a "conspiracy theory" ? is the mantra taught by FOX? FTW - October 9, 2001 – Although uniformly ignored by the mainstream U.S. media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. In the case of at least one of these trades -- which has left a $2.5 million prize unclaimed -- the firm used to place the “put options” on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency. Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options… Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these “insiders” would have profited by almost $5 million. - On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance;… Again, assuming that 4,000 of these options trades represent “insiders,” they would represent a gain of about $4 million. - [The levels of put options purchased above were more than six times higher than normal.] - No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday. - Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley’s share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million. Merrill Lynch & Co., with headquarters near the Twin Towers, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day [a 1200% increase!]. When trading resumed, Merrill’s shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by “insiders,” their profit would have been about $5.5 million. - European regulators are examining trades in Germany’s Munich Re, Switzerland’s Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster. [FTW Note: AXA also owns more than 25% of American Airlines stock making the attacks a “double whammy” for them.] Someone had foreknowledge of the attacks. In the weeks leading up to 9/11 someone made a series of investments that would have paid off in huge profits because of the attacks. This is well documented and undisputed. This person specifically invested in the two airliners used in the attacks, anticipating windfall profits from any drop in the stock prices of these companies. This is solid evidence that at least one person in the United States had detailed information that something bad was going to happen to the specific airlines that were to be used in the attack. We have been told that the person who made these investments never claimed the profits. We are expected to believe that this explains why his or her identity is unavailable. This is absolutely untrue. This is not an instance in which someone was waiting to pick up a package at an airport locker. This is a case of a financial institution processing an investment transaction for an individual. This CAN NOT BE PERFORMED ANONYMOUSLY! The identity of this person who had foreknowledge of the attack is know and this person’s identity is being protected by our government and this is a fact! Period, end of story. WHO MADE THE INVESTMENT? Identify this person and you have someone who very probably had detailed foreknowledge of the events. The fact that the profits were never collected is even more suspicious and incriminating. The fact that the identity of this person remains unknown is even more suspicious. The only possible conclusion is that this person is known to the government and that his or her identity is being protected. There has been a clear and concerted cover up regarding the person who tried to profit from events he or she knew were coming. The people who could easily clear this up, but who chose to close any further investigation into the matter are not underlings. They are officials who answer directly to the President of the United States. Check. volleyballchick what exactly do you not agree with? the whole point is your goverment ,the FCC...knows who this person is and will not release it........what the hell do you not agree with? didn,t you read all of this?
Are Banking & Investment/Brokerage firms' CEO's fired, retired or merely jumping ship before it sinks further? news clipping: "Dollar Falls Monday 06/02/2008 5:39 PM ET From Standard&Poor's Equity Research. ACTION ECONOMICS: The dollar traded lower through Monday's N.Y. session, as financial and credit concerns trumped slightly better than expected ISM and construction spending data. Fresh problems for the dollar arose overnight, when U.K. based Bradford&Bingley announced a quarterly loss, a resigning CEO, and a capital influx from a U.S. private equity group. N.Y. dealers were then met with news that both Wachovia and Washington Mutual shook up their management teams, while later, S&P downgrades of the financial sector as a whole took the dollar, and U.S. equities to their lows of the day. EUR-USD rallied about 100 points through the session, peaking near 1.5590, while USD-JPY stumbled from highs of 104.85, to base at 104.00." "Thompson, 57, is the latest financial services executive to be ousted amid turmoil in the U.S. housing market. He joins Stanley O'Neal at Merrill Lynch & Co. and Charles Prince at Citigroup Inc., who both presided over huge losses from exposure to bad mortgages, and were subsequently forced out from their perches at the top of Wall Street institutions. Also Monday, Seattle-based Washington Mutual Inc. stripped Kerry Killinger of his chairman title, though he remains the chief executive officer at the nation's largest savings and loan. "We will likely see more changes in top brass at institutions hit particularly hard by the subprime mortgage crisis," said Eva Weber, an analyst with Aite Group, a Boston-based financial services research firm. "As more losses are incurred, and boards of directors scrutinize decisions around mortgages, we will likely see shifts in management." U.S. bank shares were also under pressure following a broad descent Monday in the European banking " excerpt is from Cliff's link! Many of these Banks played games with Enron! "they are being forced out by the board members" you meant more accurately of course ,***"they are being forced out by the board members handsomely for their bad ways and poor short-term performance"*** LoL
Stock Day Trading Buying Power? I have $36,000 in equity at a discount stock brokerage firm. I make my own decisions and trade frequently. It will say I have $7,800 in buying power. Just starting today they added something called day trading buying power and it is close to $80,000. If I was to use $60,000 of this power would it mean I would have to sell what I bought within the day or could I still hold the position overnight? I also can't see why I am granted $80,000 in power for the first time. Anyone know what to tell me about my 2 questions?
Online Broker and 90 day restriction? I started day trading with $3,000 and built it up to $43,000 in equity in only 6 weeks time by buying and selling individual stocks. The firm started giving me a day trading buying power recently with a higher amount. I used some day trading power and sold the positions the next day. They told me my account is now restricted from trading for 90 days. Since I earned such great gains I will miss doing this trading. Is there anyway I can get around this 90 day restriction? Should I ask for a check for my account value and send it to another online firm or what?
How long should a requested check take? I have $42,000 at an online brokerage firm. I asked over the phone for a request for this money and they said it could take a while and my best bet is to get an online form and mail it in. I sent this form in with my request 2 weeks ago. My account history doesn't show any action being taken. This firm gave me a 90 day trading restriction on the account and that is why I want to change. Shouldn't it be easy to make up a check for me? How long do you feel this check will take and should I call them about it?
Are there any trading firms in Southern California? I know that most of the trading firms are in New York, but are there any firms in Southern California? More specifically, I am talking about firms where you are trained to be a trader, and you come to work everyday with everyone else at your office and look at a few computer screens all day. It does not matter whether the firm trades currency, bonds, equities, etc. I am just having a tough time finding trading firms in Southern California. If there are any, can you tell me who?
Online Broker and 90 day restriction? I started day trading with $3,000 and built it up to $43,000 in equity in only 6 weeks time by buying and selling individual stocks. The firm started giving me a day trading buying power recently with a higher amount. I used some day trading power and sold the positions the next day. They told me my account is now restricted from trading for 90 days. Since I earned such great gains I will miss doing this trading. Is there anyway I can get around this 90 day restriction? Should I ask for a check for my account value and send it to another online firm or what?
Is it possible to become an Investment Banker without going to an Ivy League College? I'm right now going to a Community College to save up money on school and I doubt that i will be able to transfer to Harvard or any Ivy League after i am done with transferring. But i have a strong interest in the Economy, Stock Markets and what's going on in Wall Street considering i spend a lot my spare time on the computer learning about Forex Trading, Day Trading, Wall Street, The Economy and the Stock Market. If I go to a Private or a State University, be involved with all my school Business associations and all other extracirriculuars, get 3.5+ GPAs, would i still be able to land a job at a Bulge Bracket firm like Goldman, Morgan Stanley, Lehman, JP Morgan/Bear Stearns? Or can i end up at a boutique? (NOTE: I am planning to graduate college in 2012.)
Do I need a Series 7 to day trade for a brokerage? I am applying for an entry-level job for "a privately owned proprietary trading firm." They offer a month of training. I was just wondering whether this training would be for one of the Series tests or if it was more specific training.
penn foster exam 0500843? i'm switching my program for penn foster from business management to physical therapy aide and i need to finish my semester out in order to get to start it none of the courses that i have right now are in my physical aide program so i'm just looking for the answers so i can get to my program please help. best answers and best guesses are appreciated. thanks. 1. Equity capital is also called A. equity financing. C. borrowed funds. B. debt. D. slush funds. 2. Who has the first claim to the profits or assets of a firm? A. Lenders C. Private financiers B. Stockholders D. Owners 3. An institution that offers both saving and checking accounts and that has historically been the major source of home loans is called a A. consumer finance company. C. savings bank. B. commercial bank. D. credit union 4. You’re looking at a mutual fund table. If the fund you’re interested in is a no-load fund, you can find its purchase price A. in the second column. B. in the third column. C. in the fourth column. D. elsewhere, since you don’t know the sales charge. 5. Regarding borrowing and investing, long-term usually refers to a time frame of A. one year or longer. C. less than one year. B. not less than five years. D. six to nine months. 6. The finance director of a start-up radio station arranges for some additional funds for expansion of the business. The funds were raised in exchange for shares in the company. In addition, the board of the company was expanded with the addition of two new members from the investing company. This is an example of financing through A. stocks and bonds. C. private placement. B. venture capital. D. trade credit. 7. Casey is the chairman of the Federal Reserve. The economy is slowing. Which of the following options is his best choice to stimulate the economy? A. Buy government securities and decrease the discount rate. B. Sell government securities and increase the discount rate. C. Increase the reserve requirement and increase margin requirement. D. Decrease the reserve required and increase margin requirement. 8. In a profitable company, the potential benefit that leverage can bring to the stockholders of a company is that it A. makes loans available at a lower interest rate. B. reduces the risk of business failure. C. increases control over the day-to-day operations. D. increases the return to stockholders. 9. Simon has inherited $50,000 and has decided to invest the entire amount in stock, desiring the highest potential return from the investment. Which of the following options is designed to give the highest return? A. $25,000 in common stock and $25,000 in preferred stocks B. $50,000 in convertible bonds C. $50,000 in common stock D. $50,000 in preferred stock 10. Investment in previously issued stocks is carried out by means of the A. primary market. C. Dow Jones Industrial Index. B. secondary market. D. Standard & Poor’s service. 11. Each time securities are traded on the secondary market, the issuing corporation receives _______ of the selling price. A. 100 percent C. 25 percent B. 50 percent D. none 12. In the event of a firm’s dissolution, the first claim on its assets belongs to A. bondholders. C. common stockholders. B. preferred stockholders. D. underwriters. 13. A person who prefers being a creditor to being an owner would invest in A. common stock. C. bonds. B. preferred stock. D. IPO. 14. If a bond closed 1/4 lower for the day, by how much did its price decrease? A. $.25 C. $25.00 B. $2.50 D. $250.00 15. The last column in a stock quotation in the newspaper shows the net change between the A. high and low for the day being reported. B. high and low for the year being reported. C. stock’s all time high and low. D. stock’s closing price for the day being reported and its closing price on the previous trading day. 16. As a result of the Banking Act of 1933, who now assumes most of the risk connected with bank failure? A. Individual depositors C. The Fed B. The FDIC D. Bank executives 17. The price of a stock is $50 per share, earnings are $10 a share and dividends are $10 a share. Which of the following statements is correct? A. P/E 5, Yield 20% C. P/E 5, Yield 25% B. P/E 6, Yield 25% D. P/E 6, Yield 20% 18. A highly conservative investor would be most likely to invest in A. common stock or penny stock. C. corporate bonds. B. preferred stock. D. government bonds 19. In which of the following ways do the NYSE and NASDAQ differ? A. Only the NYSE has a physical location. B. As of the year 2000, NASDAQ traded more shares than NYSE. C. Investment firms purchase their membership in NASDAQ. D. NASDAQ is more appealing to major corporations than NYSE. 20. Most bonds are issued in denominations of A. $10. C. $500. B. $100. D. $1000.
What is the best Brokerage for day trading? I am planning to open day trading account and deposit $25,000 and i was thinking about tradeking.com(fees is $4.95 margin %6.50) i know that if ill make 10 trades per day(1000 shares per trade, price of share $5-8) i will need to pay them $49.5 but i cant figure out how much im going to pay with margin????how do i need to calculate ?? and which brokerage firm is good for day trading
I am interested in real estate development, as well as renewable energy development. Good target job? Assuming I could work wherever I want. Where would be an amazing starting point if I want to one day own my own real estate development / venture capital / power plant development company? Financial Firm / Investment bank in manhattan ? Solar Power Plant Developer? Real Estate Developer? Utilities Commodities Trading? Start up?
Any genuine, unbiased comments on the following extracted from an article? Q: Why does Canada welcome Immigrants? A: Canada’s population is shrinking and getting older. Government is supposed to pay for maintaining the standard of living and health care of the old citizens. But how does the government find the money for it? The solution: Immigration Canada allows around 250,000 immigrants per year to enter Canada along with C$2.5 – C$ 5.0 billion of foreign reserves that these immigrants bring along with them. Q: How does Canada find their gold mine? A: Marketing! Advertisements! And incentives to private immigration firms. Big and small immigration firms lure the third world human commodity by giving a glossy picture of Canada such as the land of opportunities, freedom and prosperity. In the past, the slave traders lured people from African villages by telling the same story and eventually sent to slavery. The MODERN DAY SLAVE TRADE by Canada is not any different! Q: What happens to the immigrants after they come to Canada? A: The architects of Canada’s immigration have devised a social/government system (known as “systemic discrimination”) to “utilize” this man-power to the advantage of the host population. In this system, with a 0.9 probability, the immigrants irrespective of their skills or profession will end up working in the blue collar jobs under white management. Q: How does the “systemic discrimination” work? A: Some of the tools the Canadians used to keep the immigrants out of decent paying jobs are as follows: (1) Every job other than labour jobs requires “excellent communication skills…that is your ability to speak in English with Canadian accent”. This will eliminate 99% of immigrants who have slight to thick accent. (2) Require “Canadian work experience….”.. You can’t have Canadian experience without getting a Canadian job in the first place! (3) The selection for majority of jobs ( > 85%) in the private sector is done through “referrals”. The referrals come from “networks”. Networks are made mostly through social gatherings. And the Canadians, unfortunately, tend to socialize with their family members and friends from their own community. As per an Asian immigrant “his community and social networks are with taxi drivers…so eventually he became a taxi driver”. Meritocracy has no place in Canadian labour market. Nepotism is the norm. (4) Canada has laws to prevent “discrimination”. However, technically none of the above “requirements or methods” is against the law. (5) Most professions (e.g. Engineering, medical, law) require professional registration. YOU NEED Canadian experience to get the registration. If you have no registration, you can’t be an independent practitioner in your profession. Q: How about getting into business? A: Those few “star” immigrants leading a decent life in Canada are into trade or service businesses primarily targeting their ethnic group market. The government is pro-white. “Government services” are one of the biggest business area where the services are delivered though private companies. And obviously the contract goes to the white-business partners of the politician in power. (Please make a Google search for the key word “Canada Sponsorship scandal” for details). Q: How successful is the Canadian Immigration gold mine project? A: Very successful. The marketing department (www.cic.gc.ca) is doing a very good job. The victims of this trade often do not tell their stories because of shame. And also, once you become a coloured citizen of Canada, you are pretty much stuck here. Q: Does the media come to the rescue of the oppressed like in any democratic society? A: NO! The mainstream news media is controlled by the white host Canadians. Q: How do the oppressed immigrants in Canada reciprocate? A: So far THE SILENCE of the victims is the norm. However, a brave new have spoken with websites like: www.N O T Canada.com Q: How about the coloured politicians in Canada? A: They are the creation of the “System” They work for the system!! Q: What advice do you have for an aspiring Immigrant to Canada? A: If you are educated and professional, stay away from Canada. If you are a labourer or truck driver and NOT planning to raise your children in Canada, come on and have some fun! Karen, fully agree but Japan nor any other country do not lure immigrants as aggressive as Canada.
Why do online brokers treat me differently? I had an account online with a firm called SogoTrade. I used most of the total I was allowed for day-trading buying power. This firm told me I have to close out this amount I got from day-trading buying power that same day. I didn't do this once and they said my account is restricted from trading for 90 days. I decided to get around this restriction to transfer the account to Scottrade. With Scottrade I sometimes use day-trading buying power and I am not informed about being overdrawn on my account until a few days later. I end up not being restricted for 90 days with this firm. Sometimes if an account balance is less than $25,000 it makes a difference but I had more than this amount in each firm. Shouldn't each online firm do the same things. What are the reasons why one online broker restricts my account right away and another broker gives me a few days?
Starting an independent brokerage firm? Is starting your own brokerage firm as easy as buying a seat on an exchange? Obviously there is computers, software, facilities, membership qualifications, marketing, and skills involved but does owning a seat on a stock exchange essentialy allow one to "make the spread" rather than "pay the spread" and have an overall more direct way of trading? I am trying to get a better understanding of brokering, day trading, and investment banking. Relevant and helpful information is appreciated, thank you.
Trading Chinese Stock from US? Hi. First of all I am interested in trading Stock that are on sell in Chinese Market in china now days. I was wondering is there any China Broker Firm, or Site that can help me buy. Second if I am going to China, is there Broker Firm that is like Thinkorswim that offer their applicantion for me to use if I become one of their client that allow me to trade at Hotel or a residence other then going to the Market to place order I heard. Thanks.
Brokerage House Recommendation? Hi there folks. I plan to start trading now that I am partially free with a decent $25k start up capital I have. Anyone recommend a good discount brokerage house(etrade,scottrade, schwab, tdameritrade etc). I've been told by two mates that etrade is decent for amateur traders. Plan on trading on average 5 trades per day so will be looking for a brokerage firm with cheap transactional costs for scalpers. Etrade rep tells me their power trade platform is ideal for me? Anyone have an idea on this platform and uses it. I am concerned about their $9.99 offer, although the lady did tell me she will try to lower it down to $7.99 as I am a potential active trader. Schwab guy was more forthcoming and offered $8.95 and no limit to the number or shares I can buy(unlike etrade’s 2k limit beyond which $0.015 is levied per share). Any idea on which of the two is better or perhaps recommend another brokerage firm. Good data feed is also a plus. Thanks all.
Will Sen Obama's protectionism cause the loss of our European, Canadian & British allies? http://afp.google.com/article/ALeqM5ggHxjYOjEMGJcNQGflXNdwx4Sckw AFP Miliband to urge US to stand firm on free trade: report - 3 days ago LONDON (AFP) — {British Labour} Foreign Secretary David Miliband "American internationalism has been a feature of all periods of global progress," he told the business daily before heading to the United States where he will meet advisers to Hillary Clinton and Barack Obama, among others. "It's absolutely clear that the world needs an America that's engaged with the global trading system in a very fundamental, very committed way. The problem is not too much trade, the problem is too little trade. "That is our position as a British government, and it will be articulated clearly and consistently." NAFTA, created under Bill Clinton in 1994, created the largest trading bloc in the world by eliminating import tariffs on goods circulating among partners Canada, the United States and Mexico. The foreign secretary's stance comes after criticisms from Canada and the EU's trade commissioner Peter Mandelson, who attacked US presidential hopefuls -- but not by name -- for appearing to want to disengage from globalisation. "It's a mirage and they know it and it's very irresponsible, in my view, to pretend to people that we can disengage from international trade, we can create barriers around our economy and be surprised when people retaliate by doing the same," he told BBC television earlier this month. "Where's that going to lead us? It's going to lead us into a vicious spiral of 'beggar thy neighbour' policies which will take us decades back in terms of trade growth and rising living standards that we've seen in the world."
Stock Daytrading question? So my online stocktrading firm calls me and tells me in violation of freeride clause. basically I was buying and selling way too fast. I was told that i need to wait 3 days after the trade clears. Is there some other form of trading like margin or something where I can actually buy and sell, buy and sell all in the same day?
Penny stocks -which trader? Im thiking of a giving a shot at penny stocks. I know its a big risk/gamble, but Im planning to try nevertheless just few hundereds. Is there an issue with which I trader I buy. I mean since some penny stocks dont trade much in a day. If I buy, the brokerage has to find a seller right? But this maybe an issue if the sellers, dont use that brokerage. I have used etrade before. But openend in fidelity and zecco. Im a newbie in trading, so can someone pls clarify this: If I see the price as $X and I sell immediately, am i gauranteed for the sale to be at that price? Or the brokerage firm has to wait to find a buyer and then setlle my price.
I need help with a cover letter for a day care center. Anything that would make the want to hire me? Well can anybody fix this cover letter cause its a mess... Bright Minds Learning and Childcare Center. To whom this Concerns: I recently saw that this business was being built and I would be delighted to work for this company. As a recent High school/ Trade school graduate, I am looking for a growing firm where I can contribute my skills and drive for Bright Minds Learning and Childcare Center. I have cash handling experience, child care experience, customer service experience, drive, and determination. Meeting me in person will convince you that I can apply those talents and more to. Sincerely, ....
Jim Cramer bashed my stock and it's down 7%. Is it time to buy now? I usually don't pay attention to the financial media, but I do read Yahoo! news posts on my stocks and saw that Cramer bashed American Superconductors, which is one of my favorite long-term holdings and an excellent vehicle for trading. It was down 7% today. Normally I assume that no one individual or firm is smarter than the market and take these as buying opportunities, but Cramer has such a following I wonder if his influence lasts more than a day. Has anyone looked at his effect on small-caps for a somewhat longer period? I'm not questioning Cramer's judgment or defending my stock, I just wonder if the reaction to his negative comments has been studied objectively. Thanks, houyhnhnm
How can the democrats ever hope to retake the minds and hearts of Americans with lies.? Is it time for the democrats to rethink and re-posture the strategy they are using, some professions do very well making up lies and standing by them, as an example take a lawyer trying to sue someone for a few million dollars, its all about the Benjamin’s, not the truth, the problem with politician lying to the public at large is people are the judge and when they go to the voting booth the verdict will be read, we all remember the wagging finger of Bill Clinton, it didn’t go over very well with the public over all or course Al Gore paid the price, I mean sure there are some people willing to stand and go down with a lying politician. Overall I think most people would prefer defend facts, solid facts, such as when the World Trade Center was destroyed with over 50,000 people occupying them, thank god that more did not die that day, this is why I stand firm a supporter of the republican party, they have the solid truth on their side, my question is how can the democrats expect votes
A few macroeconomics questions - help plz? 1. Which of the following statements describe a command economy? I. The government (democratically elected, ruling party, or dictatorship) acts as a central authority that answers the fundamental economic questions. II. A nation's natural resources, industries, and businesses are owned and operated by the government or central authority on behalf of society. III. The government or central authority is responsible for providing economic security and equity for all of a nation's citizens. A. I, II, and III B. II and III only C. I only D. I and II only E. I and III only 2.Iggi and Kurt each own an ice cream shop that sells homemade ice cream on a homemade waffle cone. The table below shows the number of ice cream scoops and waffle cones that Iggi and Kurt produce in an hour. Both Iggi and Kurt work 8 hours per day and spend their time producing ice cream, waffle cones, or a combination of the two. Ice Cream Waffle Cones (Scoops per hour) (Cones per hour) Iggi248 Kurt164 Consider the production of ice cream. Which of the following is true? A. Neither Kurt nor Iggi has a comparative advantage in the production of ice cream. B. Both Kurt and Iggi have a comparative advantage in the production of ice cream. C. Iggi has a comparative advantage in the production of ice cream. D. Kurt has a comparative advantage in the production of ice cream. 3. Iggi and Kurt each own an ice cream shop that sells homemade ice cream on a homemade waffle cone. The table below shows the number of ice cream scoops and waffle cones that Iggi and Kurt produce in an hour. Both Iggi and Kurt work 8 hours per day and spend their time producing ice cream, waffle cones, or a combination of the two. Ice Cream Waffle Cones (Scoops per hour)(Cones per hour) Iggi248 Kurt164 Suppose that Iggi and Kurt begin trading ice cream and waffle cones with each other. What can be said about the specialization patterns between Iggi and Kurt? A. Kurt will trade ice cream for waffle cones and Iggi will trade waffle cones for ice cream. B. There is no information to determine who will trade waffle cones for ice cream and who will trade ice cream for waffle cones. C. Kurt will trade waffle cones for ice cream and Iggi will trade ice cream for waffle cones. 4. In his book The Wealth of Nations, Adam Smith mentioned a defining principle in the study of economics: firms and resource suppliers pursuing their self-interest will simultaneously, as though guided by an "invisible hand," promote social interest as well. The invisible hand functions under the key assumption that ______________. A. All businesses are earning above-normal profits B. The market system is highly competitive C. Consumer sovereignty does not exist in the market system D. There is unknown, or invisible, information to sellers and buyers
How can I day trade safely with less than 25k in equity? I am looking for a decent broker who will allow me to trade with a cash account without subjecting me to the PDT rule. From what I understand, the PDT rule does not apply to cash accounts yet some brokers prefer to interpret it that way. Anyway I need a broker who does allow unlimited daytrading on a cash account or perhaps the names of some prop firms which are reputable enough to trust. I thought one of the requirements of being classified as a daytrader was having a margin account? Ok I'm not looking for shady overseas brokerages nor do I want to hear stories about shady brokerages anywhere. I'm looking for reputable brokerages in the US or overseas, preferably regulated and insured that allow daytrading on cash accounts. SEC regulations do not specify that the PDT rule applies to cash accounts, they only talk about margin accounts.
I f you want free DEMAT and TRADING ACCOUNT? NIRMAL BANG was one of the biggest Broking firm in INDIA, offering FREE DEMAT and TRADING Account with low Brokerage. Hi Friends, Trade with the best, NIRMAL BANG offering ** FREE DEMAT ACCOUNT ** FREE TRADING ACCOUNT ** FREE 500000 ACCIDENTAL INSSURANCE ** FREE 50000 MEDICALAIM Trade in Shares, Derivatives and Commodities!!, Mutual Funds, Paynothing to get broking & DP Account for Life –time, No fixed charges for the rest of your life. No renewals, No monthly charges, No Recurring Surprises. You pay brokerage whenever you choose to Trade. Yes there are no other Conditions!! ***** Brokerage (cash) Details: Intraday - 0.02% Delivery-normal Settlement - 0.20% More Benefits:- 1) Intraday trading can be done till closure of the market i.e. 3.30PM 2) Margin Amount will also be given 1:3 for delivery trading also and u can hold margins upto 6 days, ** No other brokerage firm offering this facility 3) No annual charges 4) Free tips on mobile and yahoo messenger with 80% Success rate.* *Conditions Apply For More Details Contact: Swamy 9949201111
Automatically buy stock only after selling another position? Is there software or a brokerage firm that allows you to put in a sell and buy order after the market closes that allows you to first execute the sell order before you execute the buy order (executes the buy only if the sell order is executed) when the market opens the next day? That doesn't seem like a very difficult trade request, but I haven't found anything that does what I'm looking for.
In which firm(s) should I invest my Virtual Stock Exchange money? I am involved with a Virtual Stock Exchange game for a school club and am given $100,000 in virtual dollars. I am not really looking to day trade as I am very busy and have not been able to keep up with the financial world much for the last three or four months. What company (companies) are expected to rise over the next two or three months? The game ends in mid-December. Thanks, I will choose a best answer if add a brief explanation as to why you make your recommendation(s)!
is the FINRA pattern day trader rule applicable to firms that are not FINRA members? i want to be able to day-trade freely with an account balance of less than $25K. can i do this through a brokerage that's not a FINRA member firm? also, is the pattern day trader rule applicable to forex trading the same as it is to trading stocks and options? thanks!
In forex trading,how much do a brokerage firm charge for each trade? It seems easy to trade with a mobile phone,But if the charge is more than you earn what is the point of day trading?
Employee Trading Account? I am an intern in wealth management at one of the big banks. To make a long story short, my boss is a controlling and manipulative +20 years my senior creepy man who discreetly (is smart enough to not be overt) hits on me all the time. Not only that, but he is jealous because I have a lot of money. Since I work for an investment firm I am unable to open an account at another firm due to SEC rules. However, I want to open a trading account. I talked with the operations manager and he said I could just open it under my boss. So not only would my boss get to see what trades I make and how much I invest, he would get a commission. For example, my boss knows that I have a lot of a particular stock. One day it was down a significant amount and he kept bringing it up, almost rubbing it in my face. QUESTION: What can/should I do about this? I think it is a conflict of interest that my primary supervisor also see into my account and activity. I am not cracking open my piggy bank, I have serious money to invest and I take it seriously. He is a very weak person and will be offended if I select another broker to have it under. The main (and only) HR manager is an absolute b*tch to me because I am young and cute and she is old, ugly and single. It's not like I can trust her. I do not want to offend my boss, expose my personal life/decisions, or deprive myself of making some significant gains/trades in this market. Please let me know if you have any suggestions on how to handle this situation. Thank you for any and all advice.
Day Trading and Online Brokers? Been Investing for a little while, but still new to it. I want to get into day trading. I hold quite alot of long term investments, and have made a lot with them. Now with some of the profit i have made i want to use it to day trade. I was wondering what online firm people find easier to use for day trading, which one has cheap commissions for day trading, and cheap commissions for penny stock, on the Pinks and the OTCB. Also if anyone has a few tips for day trading that would be great to. One last thing, any recommendations of any books i should read before entering the day trading market? Thank You.
How much money do you need to start investing? At the moment I have around $400 dollars that I could towards investing, but I really do want to read up on it before I start does anybody have any ideas on good practise sites, or books that I should read. I would prefer a more active style of investing (day trading or forex or something)and I would like to know if there are any good canadian brokerage firms
Employee Trading Account? I am an intern in wealth management at one of the big banks. To make a long story short, my boss is a controlling and manipulative +20 years my senior creepy man who discreetly (is smart enough to not be overt) hits on me all the time. Not only that, but he is jealous because I have a lot of money. Since I work for an investment firm I am unable to open an account at another firm due to SEC rules. However, I want to open a trading account. I talked with the operations manager and he said I could just open it under my boss. So not only would my boss get to see what trades I make and how much I invest, he would get a commission. For example, my boss knows that I have a lot of a particular stock. One day it was down a significant amount and he kept bringing it up, almost rubbing it in my face. QUESTION: What can/should I do about this? I think it is a conflict of interest that my primary supervisor also see into my account and activity. I am not cracking open my piggy bank, I have serious money to invest and I take it seriously. He is a very weak person and will be offended if I select another broker to have it under. The main (and only) HR manager is an absolute b*tch to me because I am young and cute and she is old, ugly and single. It's not like I can trust her. I do not want to offend my boss, expose my personal life/decisions, or deprive myself of making some significant gains/trades in this market. Please let me know if you have any suggestions on how to handle this situation. Thank you for any and all advice.
I need some tips, advice and ideas on trading currency? Please help/advise. Thanks.? I am already a live investor in the stock market but I'm getting impatient and want to gear up for a faster ride. I also have been practicing currency trading with the capital spreads firm and I'm good at it. I even bought a book by David Jones on FX Spread Betting. On a modest balance in a demo account of £4,000-£5,000 I can make £500/day by taking in modest limit orders several times a day or by day trading. I also know that currency tends to trend long-term either up or down in periods from weeks, months and even years and it takes big economic news announcements in order to shift the tides from their current trends. I am just wondering, and I'll be honest with you, I took a test about what the easiest way for me would be to become a millionaire and currency trading was the answer. Now that I know this I need some tips, advice and ideas if I am to do this for a living as in time I want to exit it completely once I can make enough money, and start a shop or something? What is your ideas here? Please help/advise. Thanks.
Which is the best stock broking firm with least brokerage on minimum investment and with less tax? hello, i want to open an demat account but confused with the brokerage rates and other things. i would be investing only in hundreds and thousands in beginning. so i would like to know which is the best brokerage firm with the minimum charges of intra day trading. and which provides redemption of tax amount. also best facilities and less % of per 100Rs.commission. please guide me. i'm new..if possible gimme some name of brokerage firms and their min % brokerage for min amount.. thanks a lot...
Intra-day futures trading - taxes in Belgium? Hello, I've recently began trading futures here in Belgium, through a Belgian broker firm/bank. I am not a citizen of Belgium but I do have a resident's permit (if that accounts for anything). I trade primarily intra-day. My question is: am I obliged to pay taxes from the profit that I gain and if so how big is it? And let's say hypothetically that I receive like a 10,000euro profit each month. I would be really grateful to receive a clear answer without to many juridical terms or whatnot. Thank you for your time.
What second PC is needed for day trading? Should I get a desktop or a laptop? Please read below: •A PC with a good monitor: Most personal computers sold nowadays have the processing power to handle day trading. Because you'll be spending a lot of time in front of it, do yourself a favor and get a large flat screen — at least 17 inches diagonal. •A second PC: Computers are fickle. No matter which brand you buy, you're subject to different mechanical or software glitches that can shut you down. That's why it's good to have a duplicate of your system on a laptop or second PC, so that you can switch over quickly. •High-speed Internet access: You need a fast, reliable connection. Period. •Spreadsheet software: Still haven't figured out Microsoft Excel? It's time. Spreadsheets will help you track performance and analyze returns. •An online brokerage account: Several brokerage firms specialize in the needs of high-volume traders. They offer online access, real-time quotes, backtesting and other analytical services, and low commission to those who make many trades.
Can anyone suggest a good forex and/or shares trading seminars held in Mumbai any other major cities? Seminars to be held by a reputable firm and should run for a day or more for intermediate or advance level students. What the hell is idk?
How does Goldman Sachs make money from trading? I just read that their trading department made money by trading every single day in the first quarter and all except for 3 days in the second quarter. How do they make money trading? By jumping on trends early, by using program trading to take advantage of late-breaking news, or possibly by out-dueling the competing firms? How does the small investor stand a chance in the stock market? By recognizing when the big boys are moving in and out and by ignoring the whipsaws in the market?
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