Proprietary firms to be shut down 15 day, decision of Jungle, SEC say

Just on Bloomberg reported that the SEC closes have drunk from the 15 th of! (Propane – proprietary trading firm, those who provide commercial capital subaccount) By order of the court Judge AG Wallace 15th Manhattan District as U.S. brokers will not be able to open accounts offshore companies!
Now for the intraday trading should only be 25 000 + dollars on the account …

Also, many large prop-firm fined millions for the amount of violations of the law …

SEC is also preparing a proposal to ban the trade on U.S. stock exchanges to all non-residents of the United States …

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John Bollinger

John Bollinger is the president and founder of Bollinger Capital Management, investment management companies, provider based on technical analysis services to wealth management for private individuals, corporations, trusts and pension funds. Bollinger publishes Capital Growth Letter. For many years, John Bollinger was chief analyst of the national cable TV Financial News Network (FNN), dedicated to financial news. Currently, he continues to advocate with weekly analytical commentary on channel CNBC, the successor of FNN, and for many years was the chief market analyst at Financial News Network.

Background to the financial career of John Bollinger periodically appeared on his path of life from early childhood. In his book “Bollinger on the tapes (bands) Bollinger, the author describes it this way:” I first encountered the stock market when I was a child and inherited a few shares Fruhauf, a company that subsequently rolled down and rolled and finally , sunk into bankruptcy. The second time I ran into him in the late sixties, when he was a young man, when I worked at the Museum of the media, establishment, owned by three brothers, whose father was then a successful underwriter of high-tech shares.

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Jake Bernstein

Jake Bernstein – a professional trader, an American analyst and author who uses his more than 40 years of practical experience in market analysis to verify the conflicting and controversial points of view, the formalization and building effective sales techniques. Jake Bernstein is one of the most popular and respected analysts of the stock and futures markets. He also has served as president of MBH Commodity Advisors, located in Vinnetka, Illinois and Network Press Inc in Skots Valley, California. Jake has written over 40 books on futures and stock markets, trading psychology and economic forecasting; introduced numerous methodologies for the analysis of futures markets, built on cycles and technical analysis, is the author of mailing for traders; conducts online training to help traders improve their skills and achieve success trade.

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ThinkOrSwim (TOS)

Thinkorswim – an innovative trading platform with advanced functionality. News flow from Reuters, access to trading volumes, traders community, the scanner of financial instruments on the stock market, financial television, emu trades, advanced charts, trading strategies, analysis of volatility – all of these features provide ample opportunities for successful trading.

Thinkorswim not only provides access to quotes, charts, options, crawlers, but also makes it absolutely free! Now you can explore the sector, explore pricing options, to trade all listed stocks on the NYSE, NASDAQ and AMEX.

The program is very simple and convenient. Contains many useful features for active traders.

Joined: www.thinkorswim.com/tos/displayLogin.tos

Download: www.thinkorswim.com/installer/InstFiles/thinkorswim_installer.exe

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Daytrading – November 3

During the day there was only one deal that could bring a good profit.
ON BNI left news:

Warren Buffett – Berkshire Hathaway Inc. buys 77.4% stake in railroad company Burlington Northern Santa Fe Corp. (BNI) at $ 100 per share, reported in the press release, Berkshire. The remaining stake in the company already owned by Berkshire. Thus, the transaction is valued at $ 44 billion, including debt of BNI in the amount of $ 10 billion, and is for Berkshire’s largest acquisition in its history. read more

nyse    Day trading