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    On money creation and random walks...

    tradeRX, In one of my earlier posts I said that you and the others were talking about different things. Point by point, I have no desire to get into quibbling. As for the larger picture, I don't disagree with you. Cesko, You say "You are absolutely wrong. It has been proven that totally...
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    On money creation and random walks...

    From the now-closed "Financial Freedom through Electronic Daytrading" thread, tradeRX said : "Turn it upside down ...don't go long but SHORT every trade! According to the expectancy of your system, 2 out of 3 times you will be in the money. Ride the 2 "losers" down (now winners to you) for four...
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    Financial Freedom Through Electronic Daytrading

    qwiktrade + tradeRX, I think you're arguing about different things. I'm sure tradeRX and you would agree that if one only trades those situations with positive expectation, then one eventually will be successful. 50% winning trades does not necessarily mean a breakeven trader (unless...
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    HOLD BROTHERS

    I noticed a very positive,new review (June 20) of Hold Bros in the Brokers section by "Sal B". If perchance he's reading this thread, his comments would be appreciated here.
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    DSL and Cable in 1 PC

    In order to trade with WatcherPlus remotely, I use my DSL to connect to a VPN, which uses the DSL exclusively ie. I can't connect to the internet to use an analytical package with the DSL or even my dial-up 56K modem. I thought about getting cable, inserting another ethernet card into my PC, and...
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    New Daytrading rule in September 01'

    Is this "3 strikes and you're out for 90 days" specific to Datek only, or do all brokers enforce it? A colleague of mine has just hit the 3rd strike, and has been told his account will be closed if he doesn't come up with the margin call - no mention of 90 days of non-margin trading, just that...
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    Risk management and odds

    tradeRX, If you were being facetious then read no further. Otherwise, a search of Google will give you 10,500 matches for "speaks his mind", where you'll find an answer to your question.
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    Graybox Order Entry

    Mach is new software that is meant to replace Watcher and is used by the traders at JGM, Broadway's prop outfit, and has charting as well (albeit a little primitive). It was very 'buggy' at first, but they tell me they're slowly being ironed out. They'll probably accept less than 75K if you're...
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    Graybox Order Entry

    mjt, have you considered Broadway Trading? They have a per share commission structure, either Watcher or Mach software, and according to their webpage a significant number of remote traders. They and Hold Bros. are the only two on my shortlist.
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    Risk management and odds

    I can remember Andras' posts from rgp (rec.gambling.poker) and '2+2' (also poker) going back 3 or 4 years ago, not to mention this forum. He always speaks his mind, and I'll lay even money that he'll be back here posting before any one of the following events occur (1) CSCO warns again (2)...
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    Graybox Order Entry

    Klaorman and mjt, You guys should be getting some of the millions of dollars that Hold Bros. are claiming to be putting into development. Is there a satisfied remote trader out there using Graybox? What does Hold say about this?
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    DISadvantages trading with a pro firm

    Speedracer, >I know of few disadvantages of trading as a customer at a pro firm. Unless it is a firm that requires a series 7, IE echo, then you can also use SOES. >Higher commission rates vs. customers. By pro firm, I presume you mean a firm that has both prop and "private" traders...
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    Graybox Order Entry

    mjt, I know you're from Ohio, and I don't know where your nearest Hold office is (NYC?). From all these threads, it appears that a short stint with onsite traders is recommended in order to fully familiarize yourself with Graybox's features, both documented and undocumented. Other advantages ...
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    FIX-enabled software for day traders?

    cag, I couldn't find any reference to FIX enabled software on Redi's website. Practically speaking, do you know how to utilize this on Redi?
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    Out of Disk Space

    mjt, yes I had already read those threads. The impression I got from Hold advertising was that having built up a very fast growing business through significant reinvestment, they were now going to concentrate on improving services to the remote trader. You once mentioned trading from Onsite's...
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    Out of Disk Space

    mjt, I'm sorry to hear about all your problems, and hope that they're slowly getting solved. I'm also contemplating trading remotely with Hold Bros, and to be totally honest, I am patiently waiting for your progress reports, as this will be the determining factor of my joining them.
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    Out of Disk Space

    mjt, you mean RediPlus level 2?
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    Workstation Guide

    I'll take this opportunity to recommend "Workstation Guide" as a must read for any serious remote trader.
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    RediPlus

    mjt, I'm eagerly awaiting your report on Hold Brothers. I believe they use Graybox and Realtick, so why do you mention that you'll still be using RediPlus?
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    ADSL vs Cable

    rtharp, thanks, that's an interesting idea which I never thought about. I have access to pretty good cable service in our building. Like everyone else (see title of this thread), I always thought in terms of DSL or cable, but using both could give me some extra flexibility. Tom
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