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    NYSE Specialist Practices

    praetorian2 nice post again......... Well I'm fine with the system If I could actually find a buyer for $30,000 for a 79 Pinto you'd better believe I'd sell it to him or at least grab a finder's fee for the seller. Who here on this board wouldn't? I trade for profit...
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    NYSE Specialist Practices

    Slightly off topic but this is an article from the "Wall Street Journal" as a trader I don't follow them. They are the public and are always on the wrong side of the market. It's well known to fade them on the floor. I prefer IBD rtharp
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    NYSE Specialist Practices

    Steve I am with praetorian2 I rather like the Specialist. It doesn't take too long to learn how to read him. He creates a market when there isn't one. They are held for 2 minutes for a market order. That's pretty impressive when you think about how many orders can come it. Of course...
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    Would Appeciate Some Feedback From Experienced Traders...

    I don't have that much free time to review your trades but noticed your commissions could be reduced dramatically. Interactive Brokers would charge you a lot less to trade which can help your overall profitability. You might want to check them out along with a good realtime charting...
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    Death Blow to DayTraders

    squirrel just for your info good work on treating this like a business. It's the only way to really do this. I was heavily trained by a "Market Wizard" for awhile and still lost money. It took some time for me to find something that fit me. Even with all of my training I lost money...
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    Traders in ones own state?

    I'm one of the speakers. Some of the trading info is mickey mouse but other parts are decent. There are some very high calibur traders in the group http://www.daytradersusa.com It's a group of professional traders who gets together to networks and gain ideas from each other...
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    Traders in ones own state?

    Gene I've seen you registered for DaytradersUSA. There are 7 other members in your area. Have you contacted them by email yet? Robert Tharp
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    How to Handle the Current Whipsaw Market

    I wait till the odds are in my favor. That's it. If not I don't trade. Lately not as many opportunities but times will change rtharp
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    Market Makers

    I'm not super big on Tony Robbins. He has helped a few people but a lot of his work is show. Did you get my email? Robert
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    Market Makers

    Limbo I'd like to add a little more to Zboy's comments. He is right. This is a very unusual market. We have wild swings and no real conviction. I've cut back my risk/size considerablely lately due to the huge swings. It's one mutual fund selling and instead of everyone following him...
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    Datafeed time stamp

    What type of internet connection do you have? rtharp
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    Chart of spoo

    SPH1 I don't really trade off of it. I just watch to make sure I'm trading in the general direction of the market. The cash symbols on CNBC in the lower right hand corner usually tell me what I want to know. All red shorts are better trades for the day, all green it's better...
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    Please recommend a fast NEWS service

    LMeyers I do a few trades off of news. I consider it one of the better trades I can make. Remember this the big news comes during non trading hours. CNBC is a great source. The public will over react to big news. If it is insignificant than it's better to just fade the news. Ask...
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    TRADING FOR A CAREER

    Zboy has a lot of good points and covered it pretty well. I trade for a living. My insurance for car is Progressive and my health insurance is Blue Cross. My life insurance is at American Express Financial Advisors. Open the phone book and let your fingers do the walking. Look...
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    NASDAQ vs. NYSE Trading

    That surprise rate cut a lot of traders were short during that huge upmove. When we started to rally we moved with a lot of force. A lot of traders couldn't get filled. Some shorts got heavily squeezed. The specialist is required to fill a market order within 2 minutes of recieving it...
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    NASDAQ vs. NYSE Trading

    HI Mummes NASDAQ allows you to see level 2. It's an open market place with many different market makers making a market. A free for all is a nice way of putting it. A lot of the Tech sector is located in the NASDAQ it tends to be a very volatile market (wild swings in both directions)...
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    R. Tharp's Trading Methodology

    Cesko If you are really interested in working on yourself. The best I know are available here in San Diego Ca. My father (yes that is who he is)flys across the country just to work on his own issues 4-5 times a year. http://www.dynamism.org is the web address for them. They have a...
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    Stock Trade Network?????

    http://www.stocktrade.net rtharp
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    How much speed is enough?

    Catalite was trading breakouts intraday with a swing timeframe. After talking with me for awhile and a few posts. He has upgraded to cable, run a Pent III computer with an account at Cybercorp. He is now trading breakouts with daytraders timeframe and trading off LEVEL2. We bounce...
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    How much speed is enough?

    The T4 is shared with 15 other traders for your info. I'm just sharing my experience that I've seen phone modems with 56K being too slow. I'm trying to make you aware of what some of the traders you are trading against are using. It depends on the amount of capital you are...
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