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If this is true then I know a lot of traders who lost their skillz in the last 3 months.

When I made my statements it was under the assumption that most of my lossers were not as big as my winners which is usually the case for me. However I need to get a better way to pick my winners in order to get the percentage of winners higher because for me the "tape reading" strategy has not...

Cockroach came from that fact for the most part scalpers/grinders have been able to survive most market conditions, even bad markets because they are willing to except 10 cent moves as winning trades where a lot of other styles looked at that as a scatch trade. Cockroaches seem to be able to...

Just for the record in this market I would trade for a dime all day long if I could get a win rate that was fairly high in the 70% area or so. This would really add up trading 2-3K shares at a time in say 10-15 trades a day. It is like the cockroach style of trading where it is not very pretty...

I was wondering what everyone was talking about too.

I think we all know things will always keep changing and traders can adapt to it and and survive, but some of the timing of these changes and the direction they are going does not make much sense. I know a trader who complained everytime nasdaq made a change to their system and was calling the...

You are right about traders not talking about the darkside and internal battle that happens with trading, partly because they are afraid to look like they are failing in the eyes of others. Anyway when I say mentor I mean someone you can sit next to or be in contact with more then just emails...

Are there any experience traders out there in Elitetrader land that can take on Gordon as a futures trader and provide some real mentoring and helping to get him on his way. Obviously he is honest about his trading but is in a bad downward spiral in terms of money and mentally. It would be...

That is a nicely flaming bag a pooh the NYSE is laying on everyones doorstep. Actually I had heard awhile ago that they were going to do this but thought it was going to be 10 cents away. I guess that will alter those who help market short orders down. So does the mean instead of 1 by 1 to...

Well I think it is hard to tell right now because we are not seeing this second liquidity quote. Right now it makes the inside quote pretty much ass and quite useless for the most part. Before they would move the spread so you would have an idea when a print was coming. Now a lot of times...

Well if you want to go for the unique look, it is hard to beat the Hotdog on Stick stands in the malls that sell corndogs. Unfortunately it seems that they only hire woman, probably something to do with how they jump up and down when they make the lemonade. Another bonus though to the fast...

A friend and I have a running joke that we should lobby the SEC to shorten the trading day since I live out here on the west coast. Yes I know it goes against the goal a couple of years ago to extend the trading day. It is our theory that we need it shortened by 1.5 hours so we can get out at...

Look at the bottom right corner of the trade sheet he posted. It shows +2550 which about 20*25*5.

No I am pretty sure he trades 5 contracts at a time and got 25 points per contract.

Let me just state that you have had way more success then I have had. However have you ever thought of taking some time off until the war thing is resolved or until you see things happening again for your style on a more consistent basis. You might not get in right when it picks up but you...

Actually this is kind of my feelings too. The nasdaq scalpers that I knew who still traded nasdaq really got hurt with supermontage rollover because the market became more efficient and took away one of their main advantages at being superior order routers. It seems that NYSE is kind of going...

I would do the same thing.

I was not talking about the Realtick for charting. That is the same everywhere. I am talking about the quotes used on the execution platforms such as greybox, gr8trade, and realtick are not direct but are integrated from quotes they get from secondary providers. On hammer they get their...

I don't know the deal with every firm but for instance realtick gets their quotes from either hyperfeed or comstock so they are not getting direct quotes from the NYSE either. So hyperfeed and comstock get the direct quotes from the NYSE then resell them and pipe them to many other firms. It...

Well I know about 5 traders still trading with Hold Brothers outside of Jersey City that would not agree with you. I also traded there in a west coast office for a short time last year and left because the technology was so poor. Part of it is that they cut their direct lines to many of the...