Is there anything that can legally keep ECHO from getting insurance coverage at least against management fraud ? (Trading risk at least in some portion is covered by risk software)
PKJR
This is strange. I have received emails from Elite Trader showing replies to this thread from other members like xll, rtharp and others but I am unable to see them. Can you guys post them again?
Thanks
Paul
The problem is they do not provide any form of insurance since it is LLC. You in a sense become a member..I know rtharp was mentioning something . I like the leverage and etc. but sending 50k without any insurance even against the management fraud is little bit risky, isn't it?
Paul
Vikana,
if there is enough potential profits to work with I don't mind doing that. However, if I work with 40-50c giving up 9c to start with it may not be a good idea, I think. I have to also assume that i might have to give up another 5c-8c when exiting position if market will move against...
MJT,
I know that is hard to generalize but how close is usually REDI as compared to inside ask/bid? and what is usually a respopnse time? (I guess if it goes to MM than you are waiting for MM, right?)
PKJR
I am trying to use ISLD as much as I can. However, in certain situations ISLD can be 5-6-10 cents away from the best bid/ask..what would be your second choice if ISLD is not there?
My current aproach in situation like this is that I will enter either ISLD order (hopeing someone will fill my...
SP,
I could not trade for 3-4 cents (but that's just me:-), but if your target is 4-5c and you are paying 1.5c commission with 50/50 trade success rate..there is not much room to work, is it? how many trades do you make? ( I am just curious)
Paul
From TradeStation? I have it but it really needs a lot of resources.. I have dual pentium workstaton with 512MB of RAM and i can see it sucking all cpu cycles.. so if I run several workspaces opened plus Radar Screen , you can imagine :-)