good open taking the rest of the day off. last year the 22 million was @ a penny a share so my volume would have been more not less if i was paying a half a cent. this year im at about 4 million a month. i use ecns sometimes however i trade primarily listed stocks. id say roughly 85% of my...
last year i traded 22 million shares of stock. @ a penny a share that is $220,000. @ half a cent a share i have an extra $100k. commissions definitely make a difference. i dont care who u are or how much $ you pull out of the market a $100k is a lot to just give away. especially since you would...
that would be good, if you could nx the outside market. while were on hear say, i also heard the guys on the floor are pushing to go nickles once they start making these changes.
its called "liquidity market" and its a large bid and offer outside the best bid/offer. get used to it all stocks will be traded this way. la branche specialist are testing it out. i know ccu and mwd are 2 guinea pigs and there are more, but there isnt a list yet because they are waiting for the...
u have got to trade them. market rallies cover your short, market tanks you have a free bullet. put em on take em off all day. everyone in here is talking correlation and looking at 1 or 2 year charts. i day trade and i prefer to be flat, if i have that option. so when u look for pairs look to...
market topology used to be a good place to find pairs but they started charging for the site. a good way to find pairs is get a list of all the stocks in the s&p 500 that do over a million shares note the sector for each symbol. then overlay the stocks in the same sector on a chart to see how...
i think you have to decide what you are willing to risk. how much pain can u take. if there is news on either of your stocks that makes a difference. you should evaluate your position to the best of your ability. news is really the only thing that effects your pairs drastically. i remember i...
i agree gat trader, that is the trick make enough to cover your hits and still have a profit. find pairs with a small range most of the pairs i play have less than a 10 point range over 2 years. and i dont keep doubling up well i do but if i am getting crushed and i have my position up to say...
i am an experienced pair trader and in my opinion the entry/exit arent nearly as important as trading the pair. the first time you put the pair on isnt when u make your money, its usaully the 2nd or 3rd time youve added to it. by trading the pair it can be 5 points against your first position...