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Don -- what's the story with the desk fees? I thought they were rebated out of your commissions, so as long as you trade, it's a wash?

Don, Do you use redi for e-minis? Just curious, because redi says at least a few days a week that they are having problems with either Globex or various options exchanges. I use them just for equities, but I think I'd be quite sad if I used them for options, etc..

What a terrible idea. Another message board down the tubes?

I'm with you on this one. :) You are very right, though, that being in the right place at the right time matters enormously. It's amazing how many people who were in the right place at the right time start thinking themselves geniouses. The other thing wrt increasing size is to have a good...

I'm with you on this one. I went the other way, though -- previously trading the Qs, and moved to NQ. I had a tough time at first, trading NQ, but now I've come to really like them (i.e., am nicely profitable). It helps to occsaionally remind myself: flat is a position. I think I have the...

First off on this, your math looks fine, but I'm afraid I can't agree with your conclusion, "NO ONE can [... pull ...] $4K out of the market every single freakin day", and have to agree with most of Uptik's comments. Letting winners run is very important. If not, you'll miss the big moves...

Well, it depends what you're trading, but you will generally be better served by using round lots (# shares evenly divisible by 100). Most of the ECNs won't trade partial lots, though you should be able to get a match on the whole lot amount. If you DO use Direct+, it's always a nice idea to...

Dave, Are you absolutely certain on that? Do you have first-hand knowledge or info on some NYSE rule(s) that would clarify? I have had way too many orders receive a fill when the cancel is sent. Also, if what you say is true, then why wouldn't you always receive an OUT right away when...

b What Catoosa says is pretty much right, though I think the time limit is 90 seconds. Also correct on the fact that if you were to get a fill and then cancel, the specialist can change his mind on that. Many times, they like to sit on an order you should rightly be filled on, hoping you...

Maybe we'll have to write them in next month. What sort of NYSE routing changes were you talking about?

Hi All, Does anyone know if IB ever intends to offer a price feed which updates as the actual markets do, rather than sending an update only once per second? While the current price feed gives you a general idea of where the quote stands, and is fine for very very thin issues, it's a...

NEC LCD1810X has been my old standby. For a very long time, it's been the best 18" LCD on the market, though it's always been very pricey -- still running $1200 or so, I think. They make a couple newer models though too.. The LCD1850E is still 18", has a high quality display viewable from a...

What are you talking about? I use OCA with futures all the time and it works fine.

What's the user and password for the futures demo login?

That's a good question. I wish I had a good answer.

Thanks for the update, Hitman.

Hmm.. I've seen it somewhere, but I'm having trouble finding it just now. Let me look some more.

The way the stops work is pretty well detailed on their list of products and market centers. Go to the main page and click "40 market centers in 16 countries".

... and ... Hey Hitman -- I've been reading your daily journals over the past few months, and was curious how much you pay on commissions. What do you pay on the stocks, and how much for the bullets? Just paging through a bit of it, it seems that often your best profits are on days with...

Could be. Maybe they were previously routed through some market maker, like NITE. (Knight's CEO, Kenny Pasternak, once said that "quality execution" didn't necessarily mean the best price. He went on to say that retail investors ("common folk") would rather see a quote and be able to execute...