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On a trip to NY a few years back I was introduced to the AOL specialist. He was standing outside the exchange at noon chain smoking cigarettes. He was telling me that at times he would have 60 market orders to buy on average 1000 shares per order hit him at the same time. What would you do he...

Love the sharks, CHAS!

I will NEVER trade TXN again. That man is difficult.

If you are like me, then retirement is not an option. It is not the money I crave when trading, it is the competition and winning. When I find something that is as exciting and can replace that in my life then I will get away from trading. On the other hand show me $15 million and I am outa here.

If they don't invest in real estate, where are they going to put their miney -- In stocks? Ha. Real Estate will continue to grow as long as interest rates remain low to reasonable. The growth may slow down, but it won't depreciate. If you live in a big city and there is another terrorist...

When you NEED to get out, MARKET is the only surefire way...

Can you short NYSE stocks after the close if the only trade is on an ECN and it is lower than the last CQS quote?

Speaking of Ayn Rand, when I was training at ETG, they made us read the one with John Gault. The name slips my mind, but I think it helped my trading. Motivational at the least.

If you believe in benevolent monopolies, how about the tooth fairy?:D

Agreed. They are already losing liquidity. In the QQQ, SPY etc the listed market has become reactionary to the ECn market. The little guy is FIRST! The NYSE has become just an institutional market that responds to the ECNs. The ECNs lead the way.

Director of Marketing?...

you should put in at least a limit order on the opening at a price you would be happy to close your position just in case the specialist opens the stock at one of those prices that Don and his minions want to get in...

Sure we can participate... we are cannon fodder for the institutions now that the "dumb public" isn't there to bail us out anymore.

Knock some sense into that boy... Mamma don't let your babies grow up to be traders...

Short the weak ones, there is no hope for them being saved in this market. Keep it simple. Oh, I heard that Hold was out of business. Guess my rumor mill was off track.

RS7, Wasn't opening day yesterday? How did he do as the mascot? That is way more important than this stuff...

As for aethiests who turn to religion at the end, it isn't a bad hedge is it? Just in case, you never know.

I read the article. I have traded exclusively NYSE except for the occasional lapse in judgement for 5 1/2 years. The system is NOT flawless. I will stipulate to that. The ARCA software, aptly dubbed the whiner, looked at print throughs across exchanges linked by ITS. I was refering to print...

There are two types of traders when using someone else's money...One, is the overy cautios type who are hesitant to lose someone else's money and feel accountable for everything they do. Or, two, the type that does not care and throws caution to the wind and says essentially, "What the f*ck...