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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: 10K a day who wrote (10831)	6/7/2003 1:19:49 PM
From: Dominick	Read Replies (1) \| Respond to of 12617

If unsure, either stay in cash or play the options and leaps it's cheaper. Decimalization did hurt. I'd like to see a minimum of 10 cent ticks. Clearing has been a pet peeve of mine for years. If they can't trust the trade to clear then shut down the markets. I believe the real reason for these rules are for the firm to make you pay to play. Here are some stats from 1998 to 2001 provide by LPS5 to back up my belief: average percentage of revenue from commissions, agency& principle: 1998-50% 1999-45% 2000-40% 2001-30% From interest and various acc't service revenue: 1998-45% 1999-50% 2000-50% 2001-65% Kind of obvious isn't it? Dominick

To: 10K a day who wrote (10831)	6/7/2003 2:30:53 PM
From: Jon Tara	Read Replies (1) \| Respond to of 12617

"Cause after all now they even change the ability to use the funds from trading profits until the funds clear." Huh?

To: 10K a day who wrote (10831)	6/7/2003 7:00:11 PM
From: TraderAlan	Read Replies (1) \| Respond to of 12617

The point is to make money. You don't need an opinion about the economy, the future, the bear etc etc. You trade and you make money, or you lose it. In fact, opinions are traders (and former traders) worst enemy. Vad's (3i's) logo "trade what you see, not what you believe" has really made its point this year. I've missed maybe 6 days out of the market since late 2000. All kinds of trading is still alive and well. I think the only ones really fretting over the spring rally are the ones left on the sidelines because of deer in the headlight syndrome. The market doesn't give gifts often. When it does, you got to move fast or you'll wish you did. Alan