Recent content by PnL Rally

The teachers unions are generally opposed to merit pay, so teachers are paid based on years of service, rather than classroom achievement. This pay system is a disincentive to anyone talented in math and science, since they can get higher paying jobs in other fields. This is the biggest...

what city are you planning to open in?

Hi, I'm relocating to Germany and don't want to get killed on the currency conversion. Any suggestions on the best way to convert my dollars to Euros are appreciated. I already have an account with IB. Is my best option just changing my base currency to Euros?

welcome to global income arbitrage. it will be the death of the American middle class. American students are smart enough to realize that the easy money is in finance or management. When there are good opportunities in science and engineering for Americans, they will magically start studying...

I don't recommend sending stops to NYSE. They seem to only trigger on NYSE prints rather than consolidated prints. I have much better results with stop orders that are held by my broker.

Isn't the Getco dark liquidity pool basically equivalent to a flash order. Getco doesn't allow anyone else to add liquidity to their dark pool. It seems like they are using it to get order flow information. Must be nice for Getco to get asymmetric information.

I left science and went into trading when I saw how low the salaries were. Most of my classmates that were also interested in basic science went for business jobs for the same reason. I recently learned that foreign post-docs working in the U.S. don't have to pay taxes on their stipends like...

Can you post the stats you have for average performance? have you looked at ARCX? thanks

thanks Mike805. what are the slippage numbers for other routes?

Hello Tomu, here are the answers to your questions. any feedback on where to route is appreciated. 1. Low frequency 2. 100 to 300 share positions 3. trades anything with ADV over 100,000 shares 4. Assent/Anvil 5. NYSE only 6. above $6 7. Speed. I want out immediately with minimal...

For a black box I'm running, when the system wants to get out of a position immediately, I'm routing the order to EDGX as a marketable limit order. EDGX has been ok, but I'm not sure if this is the best method, or if I would be better off going with another venue such as BATS. I trade a...

this is off topic, but some of you have lived in Berlin. I'm considering moving there. Do you know of any good trading arcades or prop firms?

Is there a web site that lists the composite open and the NYSE open?