Recent content by klein

For ETG's proprietary traders there is no capital contribution required. For the retail customers ETG requires a capital contribution.

I trade for ETG in NY and I can say definitively that ETG is not going bankrupt. People who start these type of rumors should get a life. It is True that some offices are doing better than others , but most traders here are profitable and generate good commissions. As for not knowing your P&L...

conversions are included in the rule http://www.sec.gov/rules/interp/34-48795.htm

ADI is a very popular daytrading stock although it's not for the weak hearted. It has one of the highest betas in the nyse, good volume and follows the SOX and the futures

The ES had intra day resistance and resistance on the daily chart at 1048-1051, it just happened to occur at the close. If you look at the chart today and yesterday it sold off 5 times when it hit that area. There was just not enough momentum at the end of the day to push through...

I was short 10k shares of jblu going into today, so I would say I had a good day.

This was a lucky trade. If it had not been for a bad earnings report this thing would still be going up, and don't even say that you anticipated bad earnings. Keep bragging about how much you made , It just makes you look like a foolish amateur. Plenty of real traders got in at 60 and made 15...

An exchange specialist has up to 30 seconds to cancel a listed order posted and preferenced to them. In a fast moving news stock that can be a very long time. This happens on all the exchanges not just the NYSE. The CHX and BSE are among the worst offenders

Checking the news on Yahoo or Marketwatch would have taken less than 5 minutes. It is foolhardy not to check the news on a stock you are planning to hold overnight. A professional news service such as Dow Jones etc. will make it even easier. For you own sake take the 5 minutes. It may save you...

With all due respect. Is your risk profile always inverted? Willing to risk a lot more than your reward? ie. risking 9 or 10 points to make 3 or 4. If so, then you have much more guts (or something) than I do

No offense but arent you supposed to buy strong stocks and short weak ones? If this is not a case of picking a top then I dont know what is. It is much easier to go with the trend, especially in this market. To all those counter trend traders, thanks for providing me liquidity :)

I can definitely tell when there is a different specialist trading my stocks. Different specialists have different styles and tricks. These idiosyncracies by the specialist make certain moves predictable. An example of this is a few years ago when one of my main stocks (irf) specialist...

If you read the book you will find the order handling priority with regards to price, size and time.the nyse MUST follow the sec rules. I spent enough years on the floor ebo to know that . So maybe you should should go to school ebo

The series seven book will tell you all you need to know about NYSE order handling rules. Dearborn and STC produce the books for the seven

the best screener out there is tc2000 http://www.tc2000.com/