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    October 2nd 2006, Black Monday?

    Now if there is to be a crash soon, the only day it won't be is Nov 3 because someone has predicted it.
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    What is your maximum draw down?

    For those of you who have traded at least 3 years, what is your maximum draw down (in %)? and what is your mental limit? i.e. is there a point you'd call it quit?
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    Physics and Trading? Hmm…….

    Physics methodology, e.g. statistical analysis is meaningful for building/evaluating stragegies. betting size optimization is another example. Most common naive approaches attempt to find a physics analogy in the market, such as: a universal governing equation that makes the market...
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    How do you lose $5 billion in one week?

    If I were Hunter, I'd do this again. After all, what do I have to lose? If I win = $75M bonus If I lose = just retire.
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    Physics and Trading? Hmm…….

    If I were to count on physics to help me trading, it would be a time machine type of thing that can probe the future, even advanced only by 1 minute. One time while doing back testing I came across a strategy yielding 10000% a year, only to find later I swapped future-present data by mistake...
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    Enough sample data?

    Does your profit factor 9.25 mean 9.25:1 profit/loss ratio? If yes, that's a very high number, and 285 trades should be statistically sufficient. One thing you want to look at is the average profit per trade. If that's too low (e.g. <0.5%) you must carefully examine your trade calculations...
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    Direct access brokers are not that great?

    You have a good observation. However, most DA traders are liquidity providers therefore they actually receive a rebate of 0.002 per share. They do pay the 0.003 ECN fee once in a while when they have to get in or out in a hurry. On average the fee and rebate should at least even out. There...
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    Anyone ever hear of or trade through Marsco? They're offering $3.95 trades.

    Anyone else can back this? I send Izone an email inquiring about the freetrade fee schedule. It was denied out right.
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    Anyone ever hear of or trade through Marsco? They're offering $3.95 trades.

    Do you send limit or market orders?
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    Market makers threaten to cut me off?

    RealTick Do you have the same problem with MMs?
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    Market makers threaten to cut me off?

    No, my orders are sent about every 10-15 min (on average), and I rarely trade a stock more than once a day.
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    Market makers threaten to cut me off?

    Did they cite any reasons?
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    Market makers threaten to cut me off?

    I never cancel any orders. I just send them market orders and take whatever the fill they get me. We are talking about only 20 orders a day. I'm just trying to make sense out of this.
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    Market makers threaten to cut me off?

    I'm with RML Trading. Everything has been going well until this issue came up. I am trading both listed and OTC stocks. In the software I can select either ECNs or MM to send my market orders to. Since I want to avoid the ECN fees I usually route to one of the MMs that does not charge a...
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    Market makers threaten to cut me off?

    I only do about 20 trades a day. Market orders, nothing out of ordinary.
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    Market makers threaten to cut me off?

    So does a MM have a legal right to refuse someone's orders even no rules are violated? Or it's the broker want me to leave for whatever reason? Perhaps I can report this to SEC?
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    Market makers threaten to cut me off?

    I have been with a direct access firm for a while. I am strictly day trading (large caps, about 20 trades per day). Most of my trades are market orders and routed to several market makers. I do this mainly to avoid ECN fees and also get better fills. Limit orders is not an option for my method...
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    Does smoking pot enhance your trading performance?

    Driving and trading are not the same thing. I really like the term "high income"...
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    Does smoking pot enhance your trading performance?

    I'm just wondering if I should give it a try.
  20. N

    Looking for data provider

    need intraday real time stock quotes (>600 stocks). I'm currently using DTNiq but want to find a backup.
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