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<blockquote data-quote="wilberforce15" data-source="post: 4759725" data-attributes="member: 5053"><p>Nobody has had to pay for regular large exchange trades in quite a while. Paid trades are an anachronism, at best. A dozen platforms are high quality and completely free. I can trade call options on the london exchange or buy microcaps in hong kong for no fee, however many times I want. TD Ameritrade is my preference, and they'll all bend over backwards to keep folks like me. </p><p></p><p>I can't teach you years of risk management theory on Browncafe. Risk can be traded away by small investors. Sometimes I go to bed with 80% cash. Sometimes I'm 100% invested overnight (obviously not all in one thing). But hte money "being in play" doesn't mean anything. The number of order options and statistical models for risk management are endless, complicated, and all of them have years of proof behind them by professionals. </p><p></p><p>Saying "the money is still in play" isn't a rebuttal of anything at all.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 4759725, member: 5053"] Nobody has had to pay for regular large exchange trades in quite a while. Paid trades are an anachronism, at best. A dozen platforms are high quality and completely free. I can trade call options on the london exchange or buy microcaps in hong kong for no fee, however many times I want. TD Ameritrade is my preference, and they'll all bend over backwards to keep folks like me. I can't teach you years of risk management theory on Browncafe. Risk can be traded away by small investors. Sometimes I go to bed with 80% cash. Sometimes I'm 100% invested overnight (obviously not all in one thing). But hte money "being in play" doesn't mean anything. The number of order options and statistical models for risk management are endless, complicated, and all of them have years of proof behind them by professionals. Saying "the money is still in play" isn't a rebuttal of anything at all. [/QUOTE]
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