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I wonder how many of you guys are using full automation (meaning no manual order enter or making decisions) ? and for those guys posting in the P/L thread, any of you guys use automation ? Another question for those who use automation, do you use third party package like wealth-lab or do...

I think the best alternative for having a retail account with small fund under $25k is mbtrading.com

What do you mean by magic number ? am I missing something here ?

Number of shares depends on many things but can range from 100 to 2000 per shot and I scale in and out now I amused you, why dont you add some useful info here :)

your guess is right, I am using level 2 besides even if I am not using level 2 I don't know how the smart routing really work and I need to know that as my strategies are high frequency trading and I don't want to waste any time letting the broker decide which destination to route to, I need to...

1- Regarding INET accepting market orders, thanks for clarifying that as this is news to me! and I can't find this information on nasdaqtrader website, I would be please to direct me to a link where I can read more about that 2- I am building this system for my own trading, not for sale or...

Thanks for the replies thus far. Actually I need to know this information because I am building an automated system so I have to handle everything, while I was trading manually I just used the smart routing of my broker which worked fine. so anyone want to highlight more info on the topic...

This might sound a trivial and silly question to many of you, but I frankly tried to get as much information as possible about it but still find many question marks. ok, here we go: If I want to hit a bid or offer on ECNs I just route to this ECN, for example INET offers AAPL for $67.5 so I...

I am working with a firm that is sub llc from Genesis. Whats the difference between working with a sub llc and directly with genesis ? here you go Pros: 1- no license is needed 2- I think you can get more leverage if you are good with less formal requirement cons: The probability of...

No this was not the bug, the bug was that the stop was triggered unexpectedly and when triggered the position is closed and I find that it reverses my position too, so for example if I buy AAPL at $66.5 with a trailing stop of 1% so I expect it to be triggered at about $65.9 but actually it was...

The version I used to test this feature was 286.11, even older than yours , I think they might have fixed that bug by now. To try it, just put on a trade, once you are in a position right click on that position in the blotter then you will have 2 options, stop loss and trailing stop but you...

Actually for anyone who is scalping I don't see any good reason for having a stop loss, just use the keyboard shortcuts. As I said earlier, I just tried stops on laser once (out of curiosity) and it was buggy at that time. But if you are a scalper, Laser rocks.

Hi Math, Just install the new Laser exe, its builtin there, but be when I tried it (one month ago) it had a bug that can totally screw you up, I didn't use it again and I don't know if they fix that bug or not

Hi Serge, Thanks for explaining these points to me. I have sent you a PM with my email if you can send the latest version of your C and C++ versions.

bump!

I have a question for the good scalpers out there, hey steve :) I have found many people saying that they watch the futures to see the immediate trend then jump quickly on the stocks to follow through, my question is why not watch SPY ? I always thought that SPY actually is identical to the...

I am experiencing with genesis API (the basic C version) and I have some questions 1- The onPrint callback doesn't contain a timeStamp, is this normal ? 2- onLevel2 , how do I know the cancel bids and asks ? I always get a positive number of shares or entries with number of shares = 0, so...

hi coolweb, I am trying to do what you are doing, scalping AAPL (not profitable yet) but I see a good potential, still working on 100 shares until I have atleast 2 weeks of consistent profits. I have my stop loss a little bit wider than yours and I still churn alot :( by the way, I have...

Now things are clear for me, thanks Steve for having your input and thanks Jmowrey for the link you provided, good work man.

I am somehow confused. I thought I can get .002 rate with 100% payout if I make huge volume, like 5 million a month, what confuses me is that steve says he would take 95% of profit and pays .0025 Am I missing something here ?