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Senorito, don't want to get bogged down in trading/investing debate. Your references to keeping a close eye on economic matters/technical analysis, etc, did not strike me as 'buy and forget' investing. Obviously, I accept that someone who buys and sells an index 2-10 years later is not a...

this negative attitude doesn't have a leg to stand on when we look at indexes versus well run ultra ETF's Not true. Most investors wrongly assume that if an index rises, say, 20% in a period of time, a leveraged ETF will rise by 40%. Of course, this is not the case, as your stats confirm...

The 2%/88% example is detailed at http://bespokeinvest.typepad.com/bespoke/2009/07/leveraged-etf-ban-spreading-like-the-flu.html An extreme case, no doubt, but it illustrates the point. Even the leveraged ETF providers admit that they are not suitable for buy and holders.

If you want to buy and forget then a leveraged, double bull, type ETF such as DDM (tracks DOW) or MVV (Tracks S&P, both on NYSE exchange) may be just the ticket. As these are leveraged, there are more susceptible to market swings. Ultimately though your gains should be greater, that is a should...

Interactive Brokers, see [broken link removed]

Trader Mike has a good post on journal-keeping. [broken link removed]

Re: Did anyone predict the international credit freeze? Huh? It's astonishing that people are questioning as to whether anyone predicted massive sub-prime defaults, a financial crisis, etc. This was no black swan - many people called it. 'Roubini had announced at a meeting of the...

"I’d be a bum on the street with a tin cup if the markets were always efficient.” — Warren Buffett

I'm referring to online brokers like IB, Ameritrade, etc. Spreads and executions are much better than spread betting firms, who are not competitive if you are day trading. For holding periods of days/weeks, etc, SB firms are fine.

32 to buy, 32 to sell = 64. That's 16% of 400 euro, which is a crazy outlay. Just doesn't make sense to buy such small amounts.

If you're looking for l/t buy and hold on individual shares, then you're better off opting for conventional purchases through a discount brokerage, see the 'best buy' threads for Irish and international stockbrokers in the Financial Best Buys forum (Irish brokers, as has been remarked already...

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You can phone/have online chat with IB staff. You can also opt to use IB's WebTrader, a simple buy/sell trading interface. See [broken link removed]

I don't know what the fee is for, a few years ago, somebody at Davy's told me that everybody who owns shares in the Nasdaq must pay an annual fee to have the shares held electronically. Is it true ? Do nominee account always incur an annual fee ? It's unfortunate having to pay a fee for a...

The opening post was penned in February of 2007...

But backtesting need not equal datamining. I would encourage the OP to set about backtesting any mechanical strategy he is interested in. Sure, if something worked in the past, there is no guarantee it will work again but if backtesting revealed that said method did not work in the past, then...

You are assuming that the share price will fall in line with the dividend once it goes ex dividend. It will in all probability fall on ex dividend date but then again it may not or then again it may only fall a small amount or recover within a few days. Will re-visit this perhaps next...

My point wasn't that Livermore was always right, rather, I meant that he tended to bet in the direction of the prevailing trend. The bear market that followed the dotcom bubble would have been tailor made for a trader like him. As for his suicide, the guy did have a lifelong battle with...

No doubt Livermore would also have been telling us about the new paradigm in new tech stocks, where you don't actually have to make any money for the stock to be worth anything. That's a bit silly and you'd realise that if you read the book. Livermore was a trader, not a cheerleader. There's...

Cut half an hour ago. http://biz.yahoo.com/ap/080122/wall_street.html