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My prediction: Eventually (probably within a year after the introduction of SuperMontage), if a common trader wants to hit the bid/ask, the only 3 execution systems he can use will be SuperMontage, Island and Instinet. All the other ecn's won't generate enough liquidity on their own and will...

I would say that the majority of traders at my firm (myself included) scalp for pennies on high-volume stocks like SUNW, CSCO, WCOM, JDSU, INTC, etc. If you're good at it you can actually make a pretty consistent return with limited downside risk. However, due to the recent lack of...

I myself am a prop trader (scalper) and here are the resources I use to make trade decisions, in order of importance... 1. Level 2/ T&S - if can't interpret these, you shouldn't be scalping 2. Squawk Box - the realtimefutures.com feed with Ben Lichtenstein kicks ass (I also watch the Naz...

Last week on the 19th there was a 18.34 point range actually. But seriously, this sucks. Where's the f@#%ing volatility??? Maybe I should be selling straddles...

I myself am currently a prop trader and from my original training group of 16, only 3 made it. I don't know the exact statistics, but in my estimation 25-50% of trainees at my firm eventually become profitable enough to make a living scalping.

I have a feeling that the volume figure Bachelier quoted is a double count. He probably actually only does 375000-1000000 a day.