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Would it be possible for the nyse to change their system and eliminate the specialist. It would be cool if there was one place to place orders. Something like island. Instant fills would be cool. No middleman. And if this was the primary source for where orders are executed there would be plenty...

This new rule is total Bull@#$%! Today for example i was short si The last print was at .58 for 100 shares. There was an offer at .64 I tried to buy the offer at .64 with nx but it was 6 cents away from the last print. Of course i did not get the offer because my order became a limit...

Don't mean to spoil the party but this is just a push for more volume. If you are a trader who usually trades 500-1000 shares at a time, you will now be tempted to trade in bigger size. This will only lead to trouble. Bigger exposure means higher risk. The few traders who try to do bigger size...

My guess is simple supply and demand! There was a buyer and seller at the same time who wanted that type of size. I agree that stocks are weird but i tell ya i have seen it many many times where stocks do strange things. Example: how many times have you seen a stock drop on air and then go...

This is an extreme risky way to trade. I have traded like that in the past and still fight those urges everyday. I have lost money very quickly before only to add and keep adding as the loss grew in size. By the time the damage was done i had lost in 3 or 4 hours the equivelant of 3 months of...

I see absolutely no problem with someone trying to act as a middleman. All numbers should be on the table and in writing if you wish. Putting numbers into perspective, lets say someone is getting .005 per share. If i could offer you .004 per share that would be much better for you. If the firm...

The bottom line is that rates of .0035 exist. Especially for traders who have been trading for a long time. Tickerwatcher or whatever his name was a month or 2 ago went over this very well. He was even saying anyone interested could private message him. So i did to see if he was full of it, he...

For me the ideal firm is the one that has good service and support. I feel that most of the big ones echo, bright and andover are very close in this regard. So how do you choose which one? For me i then look for the one that gives me the best rates. The firm that understands that making a...

Good job bud!!! We have to do something, but me and you are not enough. An i dea would be for the major firms to voice there opinions because if they lose traders they lose money as well! Hey Don lets see you flex your muscle!!!! We are counting on you to help out your traders and your...

This is just brutal. At a time when many traders are being knocked out of the game? Incredible that the nyse could do this. I guess the nyse could care less if any daytraders trade nyse stocks. I have always heard traders comment on how the big guys are trying to get rid of the daytraders. I...

Thanks for the reply, i am definitely looking at the right # but i still don't understand why the # would not change as the open gets closer. What if there was a catastrophe? I think you would probably cancel your open orders before the open if something radical happened just prior to the open...

If you don't mind can you post what # you used for fair value today? I am curious if i am looking at the same thing. Thanks

I am missing something when it comes to fair value? Don can you or anyone else please answer does the fair value price change in the morning? Lets say it is an hour before the open, does fair value keep changin as the market gets closer to the open? People seem to have different views on this. I...

I am interested in trying the oo strategy. I feel that i am almost ready to give it a go. The only problem i am having is coming up with a list of stocks to try it on? How does one come up with a list? Do you just take a wild guess and then modify it as time goes on? I feel there must be some...

Can you tell me does Bright provide the same bullets? From what i understand bright provides two separate bullet methods. I believe 1 is tera term and is transcend the other, and is transcend also charged at 1 cent per share if you trade with bright? Thanks for any info

Hey Rob are you saying that this is not true? The rumour about AB whatley? Its sounds pretty strange. Probably just people spreading rumours. I am curious though if you or any other traders would like to comment on the Sungard takeover as i am assuming that is true. As a trader has...

Nitro i have found all the threads now. Don't ask what i was looking at before. Thanks alot for the help. Now to start going through a million posts. I will pay special attention to the ones you mentioned. Happy trading

Sorry Nitro i do not understand this I thread part 1 or part 2? Do you mean Dons openings part 1 or part 2? And also if anyone knows where to find Dons openings parts 1-3. I can only go as far back as Dons openings parts 4 -6?

Hey everyone i have been trading for about 1.5 years and am looking to try new ideas. This opening order idea seems pretty cool. (although i am not sure if it will work as well now cuz it seems like so many people are doing it now). Can anyone give me ideas of how to do it, or where to look for...

There is no doubt in my mind that there is a ton of cash on the sidelines. I think most all veterans realize this. That is not the question. The question is when will this money start to flow back into the market. Many people have been burned, (real bad). In my opinion i don't think any crazy...