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Just par for the ET course. We are slumming, after all.

Too bad your Federal Prison only lets you trade through IB. Hire a good lawyer... And try to get transfered to medium-security slammer.

There's a lot of truth to this post... But really... (1) Most pro trading firms, like Bright, are practicing classic forms of arbitrage... And couldn't care less about some guys "system". (2) Most hedge funds are elaborate scams... Just "skimming operations" fronted by a "good...

This is exactly correct. In 15 years... My two biggest drawdowns have been 10% and 7%. Very painful. But after every setback... I have obsessively studied the direct problem that led to my drawdown... And have built systems to avoid repreating my mistakes. You have to stare you...

Yeah, hating America is very satisfying. Just ask Osama or Jim Rogers. But then you know.

I've had the HotBrick running GREAT for 15 months... with nearly 100% uptime. Here are 2 tips based on my experience: (1) It will work with certain PPPoE ISPs ONLY if you set the MTU to 1400. (2) The "load balancing" versus "failover" CHOICE is not black and white. If you chose...

I average 400 stock executions/day... and my ratio Order Entry/Change to Execution is about 3 to 1. This is for stocks that generally trade < 100,000 shares/day... And I can see how for high volume stocks it would be higher... say 10 to 1 max. If you are doing anywhere near 50 to 1...

IB and all retail brokers are for traders for whom latency is not a big issue. Competing with well capitalized Pro Firms on latency... is not a half-measure thing. You either go all the way with sub 1 ms infrastructure for big $$$$$$$$... Or you will not be competitive on latency. It's...

Is that you, Helen2?

You make the basic assumption that Revenue Canada is completely unsophisticated... And that simple tricks will allow you to avoid taxation. You are obviously not a "tax pro".

Wall Street has had a culture of exploitation or "abuse" for 200 years. How have you not noticed?

No... you have major problems in terms of basic logic. (1) You cannot reverse your losing... Because you cannot reverse your costs and slippage. (2) And if costs = zero... Then it's actually equally hard to make money consistently or lose money consistently. If you don't understand...

This probably the most naive thing I have ever read on ET... Taking into consideration that the poster appears to be an adult. For some people... it's still 1999... And old school brokers pray for smug mooks like you. The "logic" that someone charging you $0.003/share would...

You're probably correct... But it really doesn't matter... Because this is a GREAT example of why the IB API is klunky. Requesting ALL orders or ALL executions is periodically necessary... If you cannot ** absolutely 100% trust ** individual API events (like change in OrderStatus)... And...

Nothing is "definite" with the NYSE. Virtually every "rule" can be: (1) exempted from under various conditions (2) simply ignored You have to understand the way the NYSE determines "compliance": The NYSE calculates the PERCENT of the time a firm complies with a "rule"... And...

With a GTC order the remaining 150 probably would have been filled at the closing price... But you never know... Because, in reality, small odd lot orders have virtually no rights or status.

Actually... If you have 500 open orders... Which is not really "a lot" at all... A request to retrieve all open orders... Will likely generate > 500 "messages". In a well designed system... You would keep track of open orders at your end with the "OrderStatus Event"... And then maybe...

This thread is Total Reaking Bullsh*t and so very worthy of ET. I nominate it for Thread of the Year. In reality, you MUST be a perfectionist to build ANY successful business.

Congratulations. It took you till "mid-life" to figure out... That EVERYONE just wants to TAKE your money.