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I believe it's going to become a non-issue. The specialists on the NYSE are proposing a penny per share charge on limit orders regardless of the length of time they are on the book. Currently the penny charge only applies to limit orders held for 5 minutes or longer. The Redi reload order...

Another useless study. Get over it! There is no magic system. Trading + losing money = learning curve. Once you get through the learning curve and know a little you might make some dough. Forget the egghead approach or better yet, put it on a CD or write a book and sell it to the trader...

If a large seller continues to lower his offer as the stock price drops, he's got to be a short seller. If he were a real seller he would sell the stock at a price he knows he can get it done. Selling at the offer in a dropping market isn't going to cut it.

Is Mister X George Soros?

What a guy!

38 yrs old, married with 2 kids. Finance degree and career retail broker since 1986. Taking the plunge into trading with Bright. I go to their training next week. Everyone thinks I'm nuts for doing this. Am I? I guess I'm going to find out.:D

My opinion on most of the folks that post here is that they are 20 something wannabe traders. Wet behind the ears. They are not making money.

I guess you didn't look into Bright enough. At that level of volume you'd have your commissions and desk fees rebated. Everyone has it in for Bright. Why?

I suggest you read "The Market Maker's Edge...Day Trading Tactics from a wall street insider" by Josh Lukeman. It's written by a former market maker and offers great insight on the market and trading. Learn about risk management, position sizing, spotting trends, how to tell what side of the...

Don, what do you mean by "we used .8"?

Comments on this firm?

GE's bid dropped to 23 with an ask of 24.60 (low of the day) and what looked like a ton of stock for sale at 24.60. Then a large block 769k printed at 24.60 and they ran the stock to 24.80 on some very large blocks. If this happened to a number of other stocks I'd think it must have been some...

I'm going to be out in Vegas 10/21 to 10/25 for Bright's training. Anyone else going to be out there for the class?

Does anyone out there trade just one stock day in and day out? I want to trade a highly liquid stock like GE for dimes throughout the day. Scalping I guess?? Any feedback would be appreciated.

Wow..................Look what I started by asking for some feedback on Bright. I'm going to Vegas at the end of this month for the training. I really hope Bright is not as bad as this thread is portraying them. I was very impressed with the local office in Cherry Hill. The manager is a...

So the firm has the long which I'd assume they dump right away? The prop trader is left with the short?

What are they? If you are shorting a stock at the opening and it's indicated to open lower, I'm told you can use a bullet to avoid the up tick rule on a short. What are the mechanics behind this? What additional cost do you have on a trade like this?:confused:

Anyone care to share their experience trading at a Bright Office? I'm considering joining one of their offices and had some concern over the negative comments in the "Broker Rating" section of this website. :confused: