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  1. M

    The SEC is getting a bigger piece again.

    Thanks for the map Speedracer... I think. I have been on holidays this week and haven't traded so didn't see any increase in my trade stats. What a bunch of bull$hit! That should cost me $1500+ per month based on my trading volume. (forgive me while I vent). As I see it, the clowns at...
  2. M

    The SEC is getting a bigger piece again.

    Dude, I know I am just a dumb-ass day trader and all, but I visited the site and didn't find any announcement of fee changes. Is there some kind of press release or something. I wouldn't give a rat's ass about this but for the fact that I trade some pretty good volume and those SEC, s start to...
  3. M

    The SEC is getting a bigger piece again.

    Speedracer, Post a link buddy, I don't see anything about the fees being returned to old pricing.
  4. M

    Opinions needed for TA combinations

    Have to agree 100% with most of the assessments of indicators on this thread. Despite my handle, I like to keep it simple. I like averages to get a perspective on the flow of the trend and I find multiple averages helpful for discerning whether a change of direction may be in the air. However, I...
  5. M

    SCALPERS - why aren't you trading e-minis?

    Are you trading all these products?
  6. M

    SCALPERS - why aren't you trading e-minis?

    How many contracts do you usually trade at a time?
  7. M

    SCALPERS - why aren't you trading e-minis?

    Don, I have used the minis as a leading indicator for trading Naz stocks for sometime. While I find this a pretty reliable indicator, with the amount of trading I do, I often find that what appears to be a good move in the futures will often times give me a false signal for a trade and I'll get...
  8. M

    SCALPERS - why aren't you trading e-minis?

    Sounds tasty, why have I been bothering with stocks! :D But seriously, do you scalp all day everyday or what is your style? What kind of capital is necessary to trade effectively and earn a living? Have you tried any other products?
  9. M

    SCALPERS - why aren't you trading e-minis?

    Can anyone provide a good comparison summary of the difference between trading e-minis vs stocks. My interest is focused mainly on extremely short term ( minutes-seconds)scalping trades. Currently I limit my trading to Naz. stocks. Would really be interested expanding my trading to other...
  10. M

    LSPD/MKXT Soes Charge at firms?

    Hey Canuck, What do you mean since guys have started using LSPD. Do you use it ? Do you mean adding and removing liquidity via LSPD or what ? I understand that LSPD is providing credits for adding liquidity, if this is the case than I am sure that traders will use it especially if the credits...
  11. M

    Which stock for scalping?

    Bach, I guess you can't beat your commission structure! As far as whether or not trading more volitile stocks is worth the risk, I guess you need to ask yourself whether or not you have really peaked trading less volatile stocks and high volume. If you think you have, well by all means step...
  12. M

    Which stock for scalping?

    Bach, Couple of questions for ya'. One, when you say low commissions just exactly what do you mean by low? Cuz low commissions is a relative thing. Some would consider .5 cents per share low, but I wouldn't. It's decent but not low. Where am I going with this you ask? One more question first...
  13. M

    Are there any SCALPERS on this board ??

    I agree with you about both market risk and opportunity cost. I try to limit market risk by minimal time exposure and as for opportunity cost well... as I said when a stock is ripping I try to ride it for as long as my conscience permits. On the topic of being whipsawed, it is part of the game...
  14. M

    Are there any SCALPERS on this board ??

    Sorry fellas hit the wrong key! What I was attempting to say is; big jdez without sounding like a contrarian pr@#! I believe the opposite of your statement. Risk is actually increased with the length of time you are in a trade. The shorter time frame you have your capital exposed to any one...
  15. M

    Are there any SCALPERS on this board ??

    Bryan, Read my post carefully. How many shares you trade is a function of your business model ie.) commission structure. You would probably do fine trading high volume if you were paying low commissions like most high volume traders are. Bottom line... anyone who 'scalps' high volume has an...
  16. M

    Are there any SCALPERS on this board ??

    Splat, On the contrary my friend I thought trading was all about the Benjamins' . That is; I thought the whole point was to make money. In my humble opinion there are many ways to make $ in the market, some make it by hitting singles some doubles, some homers. If you are 'singles hitter' (such...
  17. M

    LSPD

    How in the hell can MXT do that anyways. I mean, what happens when MM's decide to start charging a per share fee to access their liquidity. Starting to think I should start my own ECN, make it SOESable and charge 5 cents/ share for accessing my liquidity. When it is SOESable you can't trade...
  18. M

    LSPD

    Htrader, I hear ya on the MXT volume but now that they have gone Soes-able and become LSPD they are always on the inside on liquid stocks. The issue here... ( for me anyways), because I am a very active scalper and use Soes a great deal is additional cost. When I use Soes I can't control who...
  19. M

    LSPD

    On the topic of ECN fees, does anyone know what the deal is now with LSPD. I know that it is the MarketXT ECN but apparently it is now SOES-able. It is showing up everywhere now, and I have been getting various reports on the fees for hitting it,(ie. you pay a Supersoes fee and a per share ECN...
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