Recent content by RedArmy

while it was rallying to 100+ i couln't understand why it was rallying when the news was obviously bad.

similar thing happened last december...except then it rallied like 10 -15 points and then halted, then when open came crashing down to close just below the pre halt price...was a good day...managed to get a fill on 100 80 puts for 5c...closed the following day for $1.15 :p

Nice thread mate, very enjoyable and informative, I hope you keep it up, excellant stuff!! :cool:

*cough* pump and *cough* dump :p

I am right in assuming a daytrade is the opening and closing of a particular position? That counts as one day trade right? What if I open a position of say 1000 shares in the morning and sell 500 in the afternoon and 500 at the close? Does this count as three day trades? or two? or one...

Thank you all. RA

If I made 4 or less day trades for 3 or 4 days a week (NOT all 5 days) will this rule apply to me? It shouldn't right? As I understand you have to make 4 or more day trades for 5 days for this rule to apply to you...right?!?!? or am I wrong????? Any help, greatly appreciated, thank you. RA

Cheers mate :)

Does anyone use this broker and live in the UK? I am testing their demo out, and it is very impressive. I just want to know how reliable they are, and how easy/hard it is transfer or withdraw funds from? Apart from IB are there any other direct access brokers you have used that are any good? Any...