Search results

I have been trading MA for about 3-4 months now. It was not this crazy before becoming hybrid. I made a lot of money in the stock in the past. Now its just impossible. Every time I get in, it drops 80 cents and I end up holding it and when it comes back to even, I sell it and it goes $2...

Thorn, I give you thumbs up for that. Also considering the fact that it crashed the last 2 times after reporting earnings, I thought about your thread last night and wanted to short the crap in the morning off the open. But the bastard wouldn't fill me and it dropped a dollar quickly and I...

No way! Trading NYSE stocks is much harder and much more dangerous than Nasdaq for all I know. In nasdaq, you can get in and out easily without any interference. In Nyse you got the specialist spreading up and down all over the place; crossing the markets preventing you from executing on the...

Utube might have a case there. It all depends on who registered the corporation first. A corporate charter takes priority over when the website address was registered. If Utube registered their web address 10 years ago and also became a corporation before youtube, then they can win. Its wierd...

Looks like somebody is SHORT ice:D

I think you're an appropriate person to ask this question: So do the specialist really try to screw traders? I mean is it true that the specialist is always trying to go against the "day traders"? You know , like everytime you buy the high it drops down to hell and gets you out before it goes...

LOL, I agree ..I knew I won't get answers to those questions:D

That's exactly my point . Well said Steve! You are no longer at the mercy of the specialist (in most cases). So if you're not getting filled on nyse, it's because the damn stock has not become hybrid yet:D

It's always been like that in nyse stocks. When the stock is moving up fast, the crook freezes and then spreads up and fills you at the nastiest price possible. So use the ecns during violent moves. Actually the hybrid is supposed to make this "ask freezing" thing disappear. Because now your...

Great thread traders, I have a few questions: 1. What are all the costs of running a domestic equity prop firm? (list of all costs broken down separately would be helpful) 2. Can a prop firm survive by doing a profit share only model and zero commissions? 3. Can a guy holding series...

Screw Nyse. The minute NYSE acquireed ARCA, everything changed and it is still changing. Traders lives are becoming harder and harder these days. Now I have to cover these fees too. **** the Nyse! **** the sec! And if my fee increases, **** ARCA too cause I don't need it...

Hi, I am glad you understand LRP aspects. No matter how many times I read that nyse web page, I don't get it... Just what is lrp(I know what it stands for)? And why do you say that electronic traders are toast when LRP is in effect? If what you are saying is correct, then that means we can't...

But they're telling me that arca does not offer rebates anymore. But everyone I talk to says thats not true... I don't know what the heck is goin on.

No, I have not been trading for 5 years. That was the guy who started this thread. I am a different guy. I agree, I have to take a stand soon. Because its already hard enough that I have to struggle with the market all day and then when its all done, I look at the statements and it says I made...

Thanks a lot, I appreciate you for taking the time at this time of the night to answer my question. Yea, a 2 year non compete:mad: ...so I am locked in anyway. If I leave now, I have to wait for the non-compete to expire before I trade anywhere else, then I'd lose the touch for trading and I...

Great post Hydro. I agree with you 100%. Hard work doesn't get you anywhere without luck and the right people connections.

Hi dogballoon, I am a series 7/55 holder and I have been trading for a couple of months now. I don't want to say what firm I am with right now because I respect the firm for hiring me as an employee and giving me buying power and office space to trade from. But what bothers me is that if...

Are these rates out of line or is it fair?: I trade nyse stocks. I am paying .005 base and .005 for arca whether I add liquidity or not. That means, even if I provide liquidity, I am charged .005 for using arca. I do 50,000 shares a day and probably half my trades are thru arca. Also keep...

Good idea Steve. I did just that. Here is the link to know all about LRP. http://www.nyse.com/pdfs/hm_booklet_Cp_5.pdf

Actually, I don't know what LRP means exactly. Maybe someone can entertain us on what that means.