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  1. S

    Learning to trade by scalping?

    read my posts in the open book thread.
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    Learning to trade by scalping?

    well my commission structure is pretty low. i trade directly for my clearing agent. we are considering opening up and llc for tax purposes. either way i could probably offer you better rates. i am run the desk.
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    Learning to trade by scalping?

    i just wanted to state that scalping works. you can be net positive every day, even 100% net positive for every day in a month, for many consecutive months. last month i had one down day of -105 bucks. i trade light volume nyse stocks exploiting bullets, limit nx & nyse open book. i know of...
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    mechanical exchange arbitrage

    rs please explain then excel concept thx
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    mechanical exchange arbitrage

    does anyone know anything about computer assisted trading. i am interested in a program that would pick up price descrepencies on a individual stock on different exchanges simultaneously buying and selling the security for a few pennies profit? from looking on the net i see it is refered to as...
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    The launch of NYSE Open Book this month

    dot hits the nail right on the head. 10sec delay spec is more than likely there to cover thier ass. i do have very fast connections and all the premium tools in nyc. if anyone is interested in cheap rates, lightning fast executions and one touch bullet executions let me know. i run a desk. p.s...
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    The launch of NYSE Open Book this month

    if i place a limit order it shows up right away not ten seconds later. i use reuters like many pro traders in nyc. i dont want to be a jerk but it seems as if i am repeating myself. IT UPDATES WITHOUT DELAY ON BOTH REUTERS AND BLOOMBERG OPEN BOOKS! i dont care what the specs say i never even...
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    The launch of NYSE Open Book this month

    the open book updates right away unless the server or software happens to be slow for whatever reason. if the specs say 10 seconds so be it. maybe they have a reason for saying that but i use the book all day everyday and there is no delay of ten seconds. the only reason i have it is because i...
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    The launch of NYSE Open Book this month

    dude its instantaneous
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    The launch of NYSE Open Book this month

    i get the book from reuters, also 50 bucks/month. there is only a delay when reuters as a whole is slow(charts, tape etc). many times you will see size stepping up or down as much as 5 seconds before seeing the step on the tape. you usually see the step on the book 1st. the book rules! - i...
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    Music while trading

    thats funny i listen to stern also while trading. i get it off the net(replays w/o commercials). i watch cnbc premarket mostly.
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    Music while trading

    i run a prop trading desk and have been experimenting with playing music and comdey. some of the best stuff is on www.live365.com you can find every type of music there including stations that play just pranks. simply put pranks in the search field. you will find stations that play jerky boys...
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    Nyse Direct

    yes i work at andover and did work at worldco. andover sets up each trader with an idividual account. at worldco its one account for everybody. worldco is the only place i know of that does this.
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    The most usable financial web site for EXPERIENCED trader?

    www.marketwatch.com -excellent for whats moving pre/post market www.earningswhisper.com
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    bullets

    andover offers the best execution for bullets. the hammer software lets you buy 500 or 1000 bullets with one click. there is no need to click on a different program to purchase bullets, then clicking back to your stock execution software. i just punch up the stock hit f8 to buy bullets and f9 to...
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    Andover Trading

    I presently work at andover. i have worked all over nyc and long island in the past 8 years and have tried all the different platforms out there. The hammer system is by far the best i have used. the orders are super fast and i post bullets with one click of a button. i really have not found...
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    Nyse Direct

    i love the nx order type. it depends what firm you work for when using nx. for example worldco has all their traders in the same prop account thus all being subject to the same 30 sec rule. in other words if there is stock available on the offer and if someone in worldco nx's the offer, no one...
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    Andover Trading

    andover is self clearing
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    Lynx Capital Partners

    it is an andover office in up town manhatten. i know a bunch of guys there. experienced profitable groups over there. same style as my self actually, scalping, bullets etc.
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