Recent content by Pumpanddump

I know he is adding to ARCA. I am not posing this as a PROFESSIONAL TRADER question alone. 99% of the people that buy and sell stocks have no idea when prop traders use liquidity techniques to minimize costs. I am talking about more than just STRICT trading. I am talking about the entire...

I know what you are saying but I am posting this question even on a more general basis. Including people who just trade at leisure and not just talking about traders and the game of trading and rates etc. 1% of the people trading out there in the world know what rebate trading is. I am...

How do you consider it free when (and if) some retail guy places an order through e-trade and is charged $9.99 when his order goes through ARCA????????? I understand what you are saying as well and I am just opening this up for s constructive exchange area. I appreaciate your comments. I...

Why not? If the costs could be absorbed through other means like advertising or another means, why would this not be something that could happen in the future. The internet is free in many ways??????? Why not have an upfront fee with traders and use the money for costs. Although, this...

When do you guys think the day will come when you can float orders to ECNs with no charge??? (free trading) I am suprised it hasn't happened yet. When will someone take advantage of this? If traders all came together and used one or two order execution systems, you would think this would be...

So we've heard...................... .................................................................... I think this is one of the top stories from the tech bubble in prop shops...................................... Daaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaam!!!!!!!!!! I guess he didnt...

Too bad it was an OTC and couldnt be shorted. Go back and trade your 100 lots of JDSU.

That was the day I lost $180,000 on a trade suspension!!!!!!!!!!!!!! All cash, no margin!!!!!!!!

One of my first experinces at a prop shop was being lead out on the floor to meet people and some of the traders were playing golf with one of those putt machines in the middle of the trading floor. But it was more like a miniature gold machine than just a pure straight putt matt. It was...

Very intersting results from the poll. It seems very split right now but it is clear that from the posters, about %75 of the people out there have seen someone blowup.

I didn't post any story relaing to anyone. So, if I offended you, I am sorry. I just wanted this to be a thread to learn. Later bro!!

I knew a trader like that once, his nick name was DOUBLEDOWN.

Ok, now we are getting good dialouge. Which, this dialouge could be the most important that anyone could ever read. 1) Dont trade more than you can afford to lose; 2) Good risk management; 3) Don't double down; 4) Dont fall in love with a position; 5) Remember: Anything can happen even...

It's part of a learning experience. People should read this and learn as much as they can, that is the purpose of elite trader. Bottom line, if this thread cna help one guy mitigate his risk then the thread could be worht millions in losses that nay never happen. Maybe, based on this thread...