Recent content by putzzytheclown

I think you are correct.

Could you please PM me how to get in contact with this fellow. I'd like to fade his trades.

So how does this info make us money?

All day today CNBC was talking about how the market would crash if Democrats were elected. There's a reason Wall Street loves the Republican party. Who else would let them keep on screwing the little guy. lol!!

What fundamentals? :confused: You mean the key numbers the govt. put out and then quietly revise down 2 weeks later?

Interesting thread. Looks like he had something to share and the wanna-bees chased him away. I think he'll do ok, he's figured out a robust system ( practically gave it away) and he seems to know about the one rule that makes for 99% of successful trading. As far as doing 10K - 50K share size...

The market will adjust. We'll probably see a few new ECNs next year.

Thanks for the pointers. However I do know for a fact that when a NYSE specialist lodges a complaint, the trade can be tracked to the exact trader or traders who were involved. I know this because a couple of guys in my firm got kicked out for spoofing and a few more got warnings for collusion...

Start with Cuttting losers quickly. Most don't understand that statement and even fewer are able to do it consistently. Once you have that down, you have 99% of what trading is all about. It's not rocket science.

I'll call bullshit on your partisan nonesense. The SnP 500 started the largest move in history when the Democrats held power under Clinton. It then went higher when the Republicans took over congress and smart money knew neither of the bums could screw up the economy.

They don't match up the orders manually, most use automated bots for that. Specialists manually match up large orders that hit the floor or when they want to screw some poor schmucks they know have a 1 penny tolerance on their trades.

Every single order routed to the specialist has a unique tag number identifying the originating party.

If the Democrats win, the markets will go higher because neither party can do any more damage to the average person or the economy.

It's not IB's fault. IB has zero control over your cancel request except to let you know your cancel request went to the specialist. The Mofo Specialist has to acknowledge your cancel request sent via IB for your order to actually be cancelled. In fast moving markets expect to be screwed by...