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Advantages of Trading Cryptocurrencies vs. Stocks
Thu, 11 Jan 2018 19:31:02 +0000

Cryptocurrencies like Bitcoin, Ethereum, and Litecoin has a financial storm on the upside last year. And it's expected to continue this year. Let's look at some of the reason why people are jumping into cryptocurrency trading compared to stocks.

1. Daytrade at Any Price

One factors that irked most starting traders is the minimum $25000 capital required to daytrade stocks. Daytrade is defined as buying and selling an security in the same trading day. Currently, there is no regulation for cryptocurrency. Therefore, a trader can buy and sell the same cryptocurreny multiple times in one day, potentially gaining multiple percentages in short period of time.

2. Entry on Credit Card

Most stock brokerage house will allow you to open an account using cash asset transfer. Few, maybe even none, will allow you to transfer funds into your account using a credit card. On the other hand, cryptocurrency exchanges, like Coinbase, allows you to fund your account with a credit card. That gives you 25 days of grace period to earn an income through trading before paying back the credit card loan.

3. Low Trading Fees

Many cryptocurrency exchanges, such as Binance, offer low trading fees. Binance even provides fractional fees based exactly on the fractional shares you purchased. Unlike most stock account, where the fee is fixed to make low share quantity trades unprofitable, the fractional fees based on exact number of shares means you can make money even on low share quantity trades.

4. Volatility

For daytrading to be profitable there needs to be volatility in the market. A market with no volatility means there is no profit to be gained or lost. Currently, stock markets moves much slower than cryptocurrency. Stock market is currently gaining or losing 0.5% per day, whereas cryptocurrency is moving 10% to 30% a day. There is currently huge potential in the cryptocurrency market.

5. Future Potentials

Cryptocurrency is still at its infancy. There is a huge upside potential that has yet to be seen. The reward to risk ratio is so high that no one can even valuate it. One day, it will be commonly traded alongside stocks and other common securities. Trading cryptocurrencies now allows you to learn about it during its infancy, while potentially providing huge gains over the long term.

Any other reasons to trade cryptocurrencies? Give us your thoughts.


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How to Move Text Note in thinkorswim?
Wed, 10 Jan 2018 21:53:15 +0000

Anyone know how to move a text note on a thinkorswim chart? I started adding text notes, but the only way I can figure out how to move them is to create new ones and delete the old ones with the same text content. Can anyone help me out?


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Switch Charts Easily in Medved Trader
Tue, 24 May 2016 04:39:56 +0000

If you want ease of use, try Medved Trader - http://www.medvedtrader.com

It will work with your TD Ameritrade account, and it has a very intuitive interface. For example, while viewing a chart, to switch to another symbol, you can either drag that symbol from a portfolio to a chart or just start typing it - when you press the first key, the text input field will show up. Hit Enter after finished typing the symbol, and the chart will switch to that symbol.


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What Happens When Your Pattern Day Trader Account Goes Below Minimum Equity Requirement
Wed, 13 Jan 2016 17:32:07 +0000

I didn't bother to call E-Trade to convert my account back to a non-day trading account. I did't know if that was possible or not. But this week, I withdrew some money, so my account is below the $25000 minimum. Today, I got the following account alert:

"You have a Minimum Equity Call

The net account value in your pattern day trading account has fallen below $25,000, and a minimum equity call has been issued for the account. FINRA Rule 4210 requires that pattern day traders maintain a minimum account balance of $25,000.

Call Information

Account ending in: XXXX-0882
Equity call deadline: Immediately

You can meet this call in either of these two ways:

By depositing additional funds and/or securities into your account
By your account equity rising above $25,000 due to market appreciation or trading.

Your account will be restricted to trading 1x house excess for 90 days or until the call is met. Please note that if you execute a day trade while this call is in effect, FINRA regulations require that we further restrict your account to settled, cash-only transactions.

If you have questions or need assistance, please call us anytime at 1-800-ETRADE-1 (1-800-387-2331) or send us a Secure Message."


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Knock Knock (2015)
Sat, 26 Dec 2015 01:51:58 +0000

This movie is entertaining and fun to watch. But the ending doesn't make sense at all. It's like the writers tried too hard to put a irrelevant twist at the end, just to have a twist in the movie. Letting Evan (Keanu Reeves) live is the worst ending ever. After all, they killed an innocent man during the movie without a bit of a tear. Then they let their "claimed" villain go at the end?

An ending where they kill Evan is realistic and better than the current ending. I'll even live with an ending where his wife and kids come back to save him, even though they weren't even a part of the plot. But the ending where the psychotic girls, Genesis and Bel (Lorenza Izzo and Ana de Armas), let him go... ridiculous.

It's like Eli Roth is trying to provide a lesson about cheating to school kids. But, come on! Would a man at the borderline death really care what gets posted to his Facebook account when he just got out of the boiling pot?

We can all imagine the consequence of cheating, we don't need two psychotic girls to understand it. But we do want a realistic and entertaining movie. This movie hit the entertaining cord, but not the realistic one.


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