Recent content by nyctrader

Well stated, really. I particularly like th threat at the end. Maybe instead of arguing like little girls we can actually discuss trading. After all I have day traded since 1996 and made quite a substantial amount doing so. I might just know a little something about how to help the new guys...

I'm trying to help people out and show them how to paper trade without risking any money. New traders can learn alot from a real-time demo. If you don't agree that's a good idea, maybe you should rethink your stance. I didn't put any direct link, so Why don't you lighten up Paul?

Before you start trading for real, you should definitely try paper (practice) trading. Try using a real-time Level II stock trading simulator. To find a free simulator, just go to www.google.com (or any search engine) and search for: "Level II stock trading simulator" You'll bring up several...

I like it better when the Level II and the time and sales are in 2 different windows. This is the Level II window that I use called DAS PRO. See how they have the ECN books integrated right into the Level 2. That really helps show depth in the market. [Mod's note: Post edited - please refrain...

Generally, to buy at the bid & sell at the ask you will need a direct access broker like with the routes ARCA , ISLD, BRUT, or INCA. The best one to get filled with is ARCA (IMO). Then all you have to do is place a limit order (at the bid/ask) to that route, which you will see appear in the...

seems like the new titles have already been implemented. Just signed up here seems like a good place to discuss trading.

The PDT rule says that if you have less than $25,000 USD in equity than you can only make 3 day trades (a day trade is buying and selling the same stock symbols in the same day) in any 5 consecutive business days. Positions held overnight do not count, only day trades. If you have $25,000 USD...

PDT - loophole There is a loophole to the PDT (pattern day trading) rule. With some brokers, if you trade the same stock symbol multiple times in one day, it will only count against you as one trade. For example: you could buy 100 MSFT and sell 100 MSFT 10 seperate times in one day and it...