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Trader88: As I said, I don't deny that having a big time performer in the office is an edge, but as cheesy as this sounds, the difference is nowhere near the extent most people think it is. I don't say this because of sour grapes, I say this from my own, honest to god experience...

Uptick2000: Actually one of Echo's greatest flaws is that they can not outbid other firms by going really low as far as rates are concerned, given that they are a relatively newer establishment. Other than that however, I have to say it is my first choice if I ever leave Worldco.

***Like I said before, I will be glad to send you a bunch of people with no money and no experience, who want to gamble with your firm's money. I am sure that you will just love that, more nails in the coffin.*** Bring them on, have them e-mail me, I believe they are as good as those who can...

To whomever said about sitting next to top traders: First of all, I don't deny that I lack the experience, size, and skill to be a legit trading desk manager. I am not going to pull a Don Bright and make up stupid excuses and dodge bullets. Right now, as I am typing this post, I am just a...

*****OK, with a "smile on my face" let''s do some simple math. We charge $400 per month, and give rebates early on. We charge $200 remote, and rebate that at 200,000 shares (which is rock bottom number of shares).***** Worldco provide all of above sans monthly fee, let's do some simple math...

***You said: "$25 grand to blow"...come on....when they waste that in 3 months by paying ridiculous fees charged by your own admission in the "bait and switch" tactic that you acknowledged. Some become good traders, some do not...but at least our people don't waste $5000-$10,000 per month in...

Shortee: Like it or not, New York will continue to be one of the greatest cities in the U.S. It is the center of economy in this country, the symbol of our financial market, the heart of our businesses, which is precisely what made it "bullet worthy" for the terrorists...

***I will never go to another firm and try to steal their traders with nickels and dimes and nonsense.*** Say that to me with a straight face, you tried to recruit me because you thought you could offer me a better rate after reading my journals. When I gave you my numbers you backed away...

When did I say we don't want commissions? But we know that whipping the guys to trade bigger size than they are capable of is not the solution. You can't make the guy take 20 shots a day if he only sees 5 set-ups. We give our traders time, commission is our bread and butter, but you can't...

Don's private question was so good that I would like to explain it in public. ******As I said in the post, I am just looking for clarification (and not trying to get into a "fight" or anything on the board). I spoke to one of your people, and would like to see if the information is...

My traders work at their own pace. I mean I don't want to yell at the guy and force him to trade if he doesn't see the set-ups. I always encourage new guys to take as many shots as possible to speed up the learning curve. This is where we differ from the management perspective. When a...

***WLDC let us try it out if we wanted it if the trader trades at least 20,000 shares a day, which is a fairly reasonable amount.*** Not sure about your branch policy, but everyone on my team has it, and with the exception of myself, no one come close to average that, as I said, one of my...

I am going to pull a Don Bright here and say IE Blotter is Worldco's software, and our firm decided to let our traders experiment with the open book the day it launched, at no cost to our traders, even those without capital, like the new guy on my team who makes 5 trades a day, 100 shares a...

There is no choice now. The risk guys told me to specify a limit order for a cross, and I asked for like 5 cents below the closing print. SPX looks more like a short squeeze than a counter trend move, COMP looks even worse. I missed closing bell by maybe a second or two. In this case...

A gift of a run today as I had to thank my lucky stars to finish the way I did. That said I missed the closing bell and was stuck with two overnight positions. I have never done this before and quite honestly I am nervous as never in my life I held 1000 shares's worth of stocks overnight...

David: Have you ever used bullets before? If you are a swing trader, sure it doesn't matter. If you are a day trader, when is the last time you paid a penny spread on a short that is actually tanking? Chances are the second you get the uptick it is due for a squeeze...

It is games like this that really frustrates me. A sizzling open turned into a blah as I suffered a total collapse in the afternoon and gave back most of my morning profits. 12700 shares each way on 5 of 13 shooting, +552 before commissions, +213 after, 1 bullet. Pre-Market: Bad...

As you can see from my team's numbers, it was a good trading day, and I had an average performance. As for the daily charts, I look at them mainly to see how many days they have been down in a row and look for reversals. The overall daily trend doesn't mean much as these squeezes will kill...

Blown lay-ups late in the game cost me what should have easily been my best game of the month. 24900 shares each way on 11 of 16 shooting, +1467 before commissions, +745 after, 3 bullets. Pre-Market: Positive news on Chemicals but I was all about shorting this morning. Weaker oil price...

My friends at work call me the pessimist. I mean, my favorite color is black, anytime I interview someone already making 80-100K a year, I tell them make sure you really love the game before giving up your steady gig because you will be hard pressed to make that much day trading, hell, I even...