Recent content by TokyoGhetto

this is a daytradetheworld trading floor. Nothing wrong about that. Most people can't trade their style of trading. Some basic strategies still work, momentum, scalping, rebate trading. They put you on a demo. If you can paper trade well, they put you live. Do well, they increase your lots...

bump for an update

you just lost 1k on a 4k account. please stop trading and go on sim, or delevarage until you build up a bigger buffer. most people suffer to save up 5k, then blow it all away within a week on the market. So unless you can replenish that 5k and not have it bother you in the slightest then...

quick question Lescor, would you agree that having a mixed basket of strategies is one of the keys to longevity in trading, and knowing when to run the strategies according to market conditions. I was thinking of developing three main strats based on: market making mean reverting...

i remember spending months developing a strategy with UYG that was profitable live then one day - BAM - reverse split and the edge disappeared. Milk C for all its worth! I wish you the best on finding another edge in this market.

is .20/1000sh enough for HFT? i don't imagine fees being any lower, I think the lowest i have heard is .18/1000sh.

it also seems that when one side starts getting thin he using a multi-listed route im guessing ARCA, BATS and NSDQ (thats what I would use) so some rebates are captured when the price flips. C will be dead soon and I don't think this type of trading will be possible on "thinner" stocks...

Direct Market Access, so im sure he is using hot keys.

live prop trading on Citigroup. platform is sterling trader pro. seems like the trader is using floor routes to gain parity then flipping the position to capture the spread, but they aren't collecting rebates primarly, however it seems like they are rebate sensitive. also the trader is...

simple question for anyone who has done stock arb. if you are arbing a stock vs an etf, how much of a deviation do you need in order to over come fees and slippage and still make a profit. for example if you are arbing BAC vs XLF and the std. deviation equals 2 cents, meaning that when...

this is going to be a painful journal to watch. best of luck.

my apologies I should have used PM to let you know. I don't have a blotter I haven't traded in over a year I have been actively working on my civilian career (Registered Laboratory Animal Technician). I am however still working on some automated stuff in my spare time and thats why I hang around...

So you traded F, C, and BAC. Next time if you are going to black out the ticker name then blockout the closing price aswell its not that hard to figure out what stocks you are trading.

This is a clip I came across and I thought it related to trading in general. Would be nice to get a discussion going about trading and gambling. http://www.cbsnews.com/video/watch/?id=7253011n&tag=contentMain;cbsCarousel Billy Walters, the famous Las Vegas gambler, was the subject of a 60...