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That is a great deal, but how are you going to convince someone to give you 10K when there is also no upside for them? When I first started trading years ago it was with 100% other people's money, but they got to keep 50% of all the profits. And I was very happy about it because I wouldn't...

I am actually very happy with the charts, I have been with Echo for years and have always been happy with the service. The charts are better than most I have seen. I personally believe that Realtick has the prettiest charts of anyone's, but Echo's have improved a lot in the last few years and...

I have found the best answer to be for a new trader to start with enough that you do not need to make money for the first 6 months. Not to say that you won't make money, but the people who are trying to learn to trade while at the same as needing to make money to pay bills usually fail from...

I trade prop and could never imagine something like this happening, and I have been around awhile. I really don't believe they do this, I think with the big firms at least they do well enough off the commission dollars, and most are very open with what strategies they employ and usually have...

Deronwagner- Nice to see some quality info being disseminated here again. You may or may not be plugging a service, but I don't care. I am enjoying your insights and this is the first post I have read all the way through in a long time. Keep it up. -Jim

First Alert does not give premarket indications, but has a good gap filter for trading during the day to see gap moves right after they occur. The composite list you mention is what I use on Echo's software, Sterling has a window called MDX you can pull up that gives you a composite list of...

That's a pretty cool link, I haven't seen that before. That's very similar to what I set-up on excel, only I concentrate on NYSE stocks only.

I'll take it. Enlighten us, what is the trade?

dumtom, Are you talking about trading Nasdaq stocks premarket or finding NYSE stocks that the specialist is going to gap open?

You will need to use a software platform that has opening indications if you want to get them all. I use Echo's software which has MDX, which shows all the premarket quotes and literally has hundreds and hundreds of stocks each day that gap up and down. It comes from the ITS system, and starts...

I have already been working on strategies to make money on SSF's, I think the real money is going to be made by being able to play the price inefficiencies between the underlying stock and the SSF. Just playing the SSF alone doesn't make much sense. The bid/ask spread will most likely be wider...

I have been with Echo for a few years and having been at a few other firms before can highly recommend them. I think one of the greatest benefits the firm offers is the ability to sit next to good traders and learn from them, with no additional cost. Anyone at the firm who has had the chance...

The only problem I see is that sometimes the subtopics are much more interesting than the main thread :D

Jtrader is very nice, good platform. I recommend.

I have heard through the grapevine that Echo is giving salaries to their backed traders in San Francisco. Don't know how much though. I would imagine that any salaries in this business must stink right now. The big wirehouses like Smith Barney, Bear Stearns, Schwab have all laid off so many...

Don, are you using an alias??? :D

I know you can only get the software if you are with Echo, they are not going to allow subscribers outside the firm. The software is the same stuff the firm's backed traders have been using for a long time and apparently doing well with. It generates hundreds of buy and sell points a day on...

It looks pretty cool to me. Will I personally use it, probably not, I have a set way I trade and don't deviate much from it. But I think for momentum players or swing traders it looks pretty good. I see value in it. Don't forget that at the trade show they basically had a stripped down...

newatthis- You are the kingatthis!!! I'm am laughing my a$$ off! What's so amazing is how you can come up with so many things that I can agree with 100%. You need to write a book or get a job writing for the Simpsons or something.

Second that.:D