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but what I was taught (and do) is NEVER announce to the specialist what my stop is...I just make a note of it and when the bid or ask gets there, pull the trigger. Also, I never set a stop at an obvious number...for example, if the stop should be at .10, I'll do at .09 or .11. If you're...

Hi guys... I have and use Starband... I don't have time to give your questions the reply they deserve...market opens in a few minutes...just do a search for "Starband" and you pull up most of my observations and complaints. If you need more info than that, just ask. Great trading...

Many thanks! I appreciate your help. How about the shorting of ETF's on a downtick? Is this a problem/function of the software not allowing shorting of *anything* on a downtick? Thanks, Jim

I hope that someone who is more familiar with PointDirex than I can help answer a couple of questions. I'm moving my business from IB to PointDirex so you can appreciate situation I'm in. I found out this morning, while reading the manual for "Direx Platinum" (Point Direx's top of the line...

I'm going to continue this thread by starting a new one in the direct access broker section. I'll use the name of the brokerage and hopefully someone who trades there will see it and help me better understand this policy. Many thanks, Jim

______________________- No, they have access to almost all of the ECN's, if my memory serves me correctly. The appeal of the ETF's (to me) is that you CAN short on a downtick. Or am I missing something? Woudn't be the first time. :confused:

for the info. I asked because I'm going to change brokers soon and the new one, I found out today, doesn't let me trade listed stocks on the ECN's. As I send some of my SPY trades to island, I'll probably have to change my way of trading these issues if I can't use an ECN for a fast fill...

How about listed securities...do you trade 'em? And if so, do you ever find yourself routing listed stocks to the ECN's? Thanks, Jim

Don, you wrote: "...we are really excited about adding the (250) new remotes this year. Hopefully we will have even more allowed next year. We are keeping track of the success of the program and will hopefully be authorized to expand the number of traders! " ____________ Don, I get the...

Just fine, Vinny. I know whenever I depart from tape reading and the futures, my P & L takes a hit, as it did for the past month...but I got a dose of reality from another regular here in ET (thank you!)and now I'm back to doing what I know...reading the tape and following the S & P. It is...

Commercial Pilot.

Hi all.. Over the past few days there have been a few posts regarding the NYSE's "OpenBook." If you're getting the OpenBook, would you post your impressions about it? Specifically, is it a useful trading tool for you or does it just add more noise to the decision making process? Keep us...

Thanks for all the information and help re PointDirex. I've just completed the app for my new account and am really looking forward to trading there. Best regards and again, thanks. Jim

I really like this software! I got the windows to open correctly over the weekend and I'll be on board w/ my account in a few weeks. Another question for you if you have the time...how does the "Radar" feature work? I must be having trouble setting it up as it doesn't show *anything.* Have...

I've been using Starband for the past year. For data, it is pretty good...the latency issue doesn't add much delay to your feed...about a half second or so. Where I have trouble is using it for order entry...I get better results using a 56k s dialup line. Try this: do several "ping" tests...

Congrats! It is great to see your success!! Good trading! Jim (Airspeed)

I've got the long weekend to figure it out.:confused: BTW, are you trading with the firm as a proprietary trader or retail?

thanks for the info. I'm (obviously) doing something wrong with my four monitor setup. Whenever I close up Platinum and reopen it, all the windows are on monitor 1, and they are piled up one on another. It must have something to do with either my multi monitor setup or with the docking...

I'm going with a 128k dedicated line. Main reasons for leaving Starband are the packet loss issues, the latency issue and those fairly frequent satellite outages that make me bonkers when I'm in a trade. What I'm doing now is using the dish for the data feed from Nextrend and using a 56k...