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For order executions, you will see the same speed as you see now, or better IMO. I assume that they will continue to sweep their internal book first, providing the same speed that you see now. If there is NOT a matching order on their books, then you would otherwise simply have you order...

That's exactly what I'm thinking/hoping. Probably just a coincidence, but it seems that the number of quality trading opportunities has increased substantially for me in the past 8 weeks or so. I hope it continues. Fewer traders = More opportunities per trader -Eric

I understand why 2yearNewbie took offense to your post... You are taking the word "gambling" much to loosely. The way you use the word, anything can be considered 'gambling'. For example, the best home-run hitters in baseball only hit a homerun less than 10% of the times they are at bat...

Get a life! I have no doubts that 90% accuracy is possible for many trading systems. What's the big deal and why make an issue about it?? For example, a system that is 90% accurate but with average losses of 8 times the average gain would only have a Profit factor of 1.125. While it...

Don, I spoke to the reps at one of the two firms you mentioned, and they told me that their firms volume dropped 50% overnight when bullets disappeared. They might not have wanted to seem "overly concerned", but my take on it was that it had a dramatic and painful effect on them. I don't...

Undercapitalization or just a loser? => Do we have any other answers to choose from? Undoubtably, undercapitalization is not the problem. Your account size is not too small to be trading a single lot of the DAX futures. The fact that you are seeking feedback and help to reduce your...

For my scalping trading, I would be thrilled to average 3-5 cents per share. My average is slightly less than that, but I do a large number of trades per day (300-1500, automated). There is absolutely nothing wrong with taking small gains. The only thing that matters is the direction of your...

I think Eurex will have greater market share than the CBOT in the Treasuries within six months after launch. There is no reason to believe that they won't. There are only three main factors that should effect market share results: 1) Technology. Eurex provides the current technology...

Hmmm... Several months without a fill, when he used to be filled almost daily? Sounds like you may have a point. It would be interesting to hear IB deny (or confirm) that they use TMBR liquidity differently on a client-by-client basis (based upon prior client track record of profitability...

AMEN!

I did, and have never regretted it. It was in 1998, and I was making a bit more than you mention, but I was fortunate to be able to go 'part time' for my career for about six months before I left them for good. During that time, I found I could make more money each month than I was making...

AB Watley is basically gone, I believe. They were one of the first daytrading firms to go public. Now, I believe what's left of their software is owned by Penson, to whom they owed money. Not sure if there is anything left of their client base at some firm, though. -Eric

Does anyone know how much of the bond/note trading is done in futures versus cash market? Does the bond futures market just move up and down following the cash bond market, or does the cash bond market follow the futures? Which leads and which follows, typically? I would assume that the cash...

Darren, Several questions for you, if you don't mind. 1) How long have you personally been trading pairs? 2) What time frame do you use for your trades? (i.e. typical trade held for hours, days or weeks) 3) What annualized percentage return do you expect from pair trading (max 2x...

I'm surprised that this hasn't been mentioned to date. Contrary to most careers, trading is one field in which your level of profits is often related to your level of capitalization. A trader with a $2k account will never make as much as a trader with a $20k or $200k or $2MM account. My...

I'd just like to thank you on behalf of myself and the other Dell computer buyers out there... I think I used the last coupon in mid-August. You are doing the ET'ers out there a great service. Thanks again (and keep it up!), -Eric

I can't help you with a calculation. However, if you'd like a spreadsheet with the interest rate (to four decimal points) for every possible price of the CBOT Treasury securities, you might want to take a look at this link from the CBOT website: http://www.cbot.com/cbot/docs/36987.xls...

For NQ's: $20 per point (1.0). $10 per half point tick (0.5) Buy NQ's at 1350 and sell it at 1355, you have made $100 per contract, minus commissions. For completeness, the ES's are worth $50 per point (1.0) and $12.50 per quarter point ticks (0.25 pts). -Eric

Brandon is a successful trader and a very good educator, IMO. He left ET because he got tired of putting up with all of the crap that people throw around on this site. People may or may not like his 'marketing' on this site (totally legit as a paying sponsor, I might add), but he was among the...

I agree 100%. Easier last summer due to the higher level of volatility. -EricP