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    Did another hedge fund blow up??

    Wow, if it were Citadel, that would really be something. Kinda doubt that, though. They're freakin' huge...
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    Game vs Reality

    Stated another way, if I told you I went to Las Vegas and on a wild drunk, sex-crazed wonderful week ( :D ) I doubled two million to four million playing roulette (possible), and that I think I am going to make it a career, what would you think?
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    Game vs Reality

    Be honest now, is three or four months long enough to rule out luck? Have you actually learned anything? Could you really put 2 million real dollars at risk with this as a record?? Hmmmmpf, I didn't think so.
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    "Old School" trader needs some 2007 info and help

    I am not going to be of any help, since I have gone my own way and trade mostly futures and derivatives (tax advantages) but I just wanted to thank you for making me think of those things again. And something you didn't mention...trading in 1/8's and quarters! Ahhhh, the good old days. Level II...
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    3:1 risk / reward. How do you personally use stops

    I did this very thing back a few (3?) years ago--after decimalization--and it worked really well for me. I remember I used either .25 or maybe .32 in my favor, then the stop shifted to break even. This really helped my bottom line as I recall. Also, mentally it allows you to relax and listen to...
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    Stats on Bright Trading

    I think lescor's reply to you is exactly correct. You have to really want this, it simply has to be in your blood. Then, you find a way--and in my experience it takes years--to become consistently profitable. Then, the money does roll in, and it is just as easy to make a thousand as ten thousand...
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    ER2 liquidity

    I guess the MIT order is the equivalent of the "trade out" button I am used to. It gets the current number of contracts long/short and sweeps/markets everything out?
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    ER2 liquidity

    Yes, patience makes money, but tr51 asked about orders of more than 10 cars. The couple ticks you mention will all be due to you--and then some--if you enter a large market order in ER2. It is possible of course to trade this way, but I think the loss on the stop might get quite large most...
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    ER2 liquidity

    Hmmmm.... I tend not to use market orders unless it is issued into a wave of exuberance, Here's a look at a pretty typical order, in this case 55 buy to close the shorts. Note the time it took to complete the limit. A market buy would not be advised, though we all get those jammed once in...
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