Sorry to get the post off track, Go Ahead...ask your question about a crate...
Matt49,
Once you earn a preferred trader status you can trade whenever you want to as you can use the Asian markets or the European markets, or anywhere else for that matter.
I start my trades at 9am because it takes me about 30 minutes to get my accounts loaded and lined up and ready to trade. Like I said about a year ago, to make it work the way I am currently trading you have to have 5 separate IPO addresses with 5 separate trading accounts because too many trades of the same stock will get your account frozen and you don't want that to happen...
As you are such an expert Matt, you should know that BofA has been a staple of the NYSE for quite some time and has not lost any of its priviledges during its down time when it dropped in price. All they had to do was float some paper to guarantee the NYSE that any shortfalls to them would be covered. DUh!!!
Since my first majors in college was Information Systems and Statistical Analysis; My initial numerical movement programs were done in Cobol and Fortran as that is what I learned to program first. They were long and complex and hard to use. Later on when I learned Basic and C-Basic I changed them to a format I currently use today. It is really pretty simple program as I use a running average that I keep on an hourly basis, and I average the past 30 days to predict the current days trends, since I am using such large swings in price it is really pretty easy to get a curve and then follow the first couple thousand trades in the am to see what is going to happen. I something goofy is going on I apply a correction to the days curve and see what happens. Like I said, it is based on the theory of squares and roots and compiles all data into a nice little bell curve for me. Stuck with it a couple years and met 2 sisters taking Psychology and that changed my life and path for about 2 years...After that it was on to Biochemistry, Physics and Microbiology which I ended up finishing at Georgia State and Georgia Tech with a Triple Major. They did not have a Motorports engineering program at the time so I made my own. Got a Scholarship to Germany to pursue a PhD in Alcohol Fermenting with bacteria and got bored after a year and came back to the ATL to work at Kraft Foods. oops got sidetracked...
As far as SEC violations talk to Brian Moynihan and his folks, margin never got pulled on my account and not all of the SEC's rules apply to all of the NYSE companies the same way. As long as you clear up your personal margin accounts on a daily basis, you can buy just about anything you want to on Margin, you just have to know how to do it and where to get it done. Kinda like anything else in the world.
As far as selling the program to anybody, nobody would want it, it is remedial and is not fool proof ? Over night when the Arab spring thing hit I lost about $50K in the first week. Once I re-programmed and got back on track I was able to make that back and more with multiple weeks of short selling. I am having fun doing what I am doing and there are a ton of other folks out there way smarter than me writing financial programs and predictors.
Just ran the numbers and after about 60% probability of another -10-20c drop there is a 30% chance of +10c, and 60% chance of +20c tomorrow. With that in the hopper I will load about 10 short sells and 25 sells below 20c like 5c, 10c, 15c. So predictions say about 40-50c swing tomorrow with 60% probability. 95%ile is +/- 15c
I use the Fidelity Active Trader Pro program and I am in a Beta test run for another 6 months of their newest format. I have a weekly conference call with about 25 other day traders about how to negotiate and get the program to work better. I get real time screens of anything I can program into it. In return for the Beta test we get 500 trades free for the year so that is about $3500 off the top.It currently has the fastest trade response and has the best rates on just about everything as far as I am concerned. It also allows me to link to any of the foreign exchanges I want along with currency as well. As I am from Canada I am still pretty active in the CAD-USD flip flopping. When I worked for Serdi I took some big bonus chunks in euros and had fun flipping that money back and forth.
You can also download files directly to Turbo Tax for quartely taxes as they would take you a month to do at 1000 trades a month.
As far as opening an account for trading rules changed in the past 2 years but Ameritrade used to let you active trade with $1000 and a link to your bank account to guarantee your margin trades. Just like anything else you have to start small but when you can double your money almost every couple days, things happen pretty quick. Using 1000 get you about 5K on good companies so trading 20 times on $250 nets you about $15-25 per trade, at the end of the day once you reconcile you will have made $300-$500 on your original $1000 not bad for a days work in my book.
EGO,
Your cousin is obviously about as smart as you then, he ought to stick to teaching, nice government job with tenure, he's probably pushing $200K a year off your back.
I have 11 friends in one of my trading groups and they are all either stock brokers or investment bankers and as stupid as they are they think it is a pretty cool idea to have been thought up by a "Dumbass like myself".
One of them uses my example of "swing trading" in his Advanced Investment Class.
Cheaterdog,
You ever even seen a chassis dyno??? Much less know what it does???
I found something dyno14 said that I beleive
Quote:
Originally Posted by
Matt49
You've never gotten a question or inquiry about it because it is an outrageous claim like about 90% of your other claims on here whether it be HP numbers or WPM numbers.
There is no such thing as a "great reward" investment with "absolutely no risk". Even us hicks on 4m and speed know to dismiss such claims quicker than we throw away the junk mail that says "You're already a winner!"
Bank of America?!?!? Really??? Their stock is DOWN over 30% this year and DOWN over 80% from where it was 5 years ago so I gotta hear this!!!
So I'll tell you what...send me the technique and process that you are using with Bank of America and I'll invest the same way. I will give you 50% of my returns after capital gains taxes. But if I do not see any positive returns, you have to cover 100% of my losses. But it's "guaranteed money" so this shouldn't deter you one bit.
But why am I wasting my time even typing this?
We all know you won't send me any information on this just like you won't send JJ any filters and just like you won't produce a receipt for the parts on Ego's car and just like Steven Hendren has yet to get a single one of your 600+ 4m.net customers to let him run your stuff on a dyno.
What you WILL do is come up with some elaborate excuse for why you can't or won't share the information just like any other time that somebody actually calls you out on some ridiculous claim.
In his early post on 4m he said he had 1200+ 4m customers now he is down to 600 I beleive that.
looking for dynomans address
just saw on a early post that 15 years ago dynoman was playing cards with some pretty heavy hitters in nascar the one that stuck in my head was Kayne well 15 years ago Kasey was 16 years old. That is some funny cow pie. I am sure he was gambling wiyh dynoman with 5000 dollar pots.