Recent content by Dogballoon

The politest way would be to say, "You data sampling is likely too small." It's pointless to discuss things with people who believe they can defy nature and probability.

I have a suspicion that most seasoned prop traders know who they are through word of mouth, but no newb ever comes to ET before signing up. They probably only hear about the firm after a year of stewing in their own frustration and venting on ET

Yeah, and you're probably making them a nice 60k a year. And I'm sure they expect you to thank them for it. Welcome to the business. The thing is, most of what you were taught was probably pretty limited and becoming ineffective. Probably time to trade way less, read more, and teach...

I haven't noticed any slow ECN fills at all. None. The tape is looking like a back and forth algo, rather than the sort of wind up and pop that used to be nice to focus on, and I agree that the tape is less interesting now (though I do not believe tape reading will ever be useless until there...

How'd I guess. I just saw some poor guy who just signed on with them too for .01225 per share, 45% payout, and even a ridiculous $7 ticket charge for every 1000 shares traded, locked in for 2 years (assuming he believes that non-compete will ever be enforceable). He'll never trade again after...

I personally get in a fist fight every day with cab drivers and random people on the street before sitting down at my screens. I once used to ask my wife to kick me in the balls for 2 minutes straight at 9:17, thinking it was the adrenaline rush, but I discovered my trading efficiency suffered...

Trust me dude, anyone would give you space and buying power. Lower costs if you go remote, also. I think I know your firm already, since I keep seeing people with sucker deals all coming from the same firm. Used to be sorta the thing under subs clearing through Andover years ago, but now it...

No, it is not a competitive rate at 50,000 a day. All you gotta do is call and ask around to see what you will get on your volume. Either that or learn to trade longer swings intraday on 10k - 20k shares a day. Which firm are you at and are you under a sub-LLC?

Yes, sub .004 is very common for experienced traders -- but obviously this depends on your volume, and rates are not climbing. I am not sure they have even bottomed, but if they have, it's possibly around .002 for the people I talk to doing 5-8 mil a month. I'm sure Genesis, Echo, Generic...

Wow. You are one delusional individual.

lescor uses that, and he obviously knows his craft very well. See if you can get a response from him.

smartmoney.com look around on the sidebar on the left

This is going to sound a bit presumptuous, but I honestly do not mean it to be so. There are times when averaging down is effective, and I assume that you obfuscate those times, because you characterize averaging down as "addictive." This means that you average down according to the usual...

LOL. I feel like an idiot now. Heh.

Also, that is the funniest thing I have read on this site. Jesus Christ.