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Privateer I'm a bit over a newbie trading with cybercorp. I like the ease-hate the commissions as I usually trade-2-3-400 shares. I am not exactly a computer whiz-in fact quite lame(I love your posts but only understand 1/4 of them)--IB is bare bones. In your opinion will the difficulties of...

Wire-the fed could go with 1/4pt

Ray we all can use the 4-1. However I believe the 4-1 will not overcome the loss of liquidity we will endure. It's hard enough to find an ecn these days. As Dustin mentions we need newbies--to juice the system-I'm a newbie. And now I'm scared--I've put in the time and work-I'm aware of the risks...

All I can say, if I might steal a line from a Steely Dan song, "the fix is in". This is extraordinary and scary. These people are a bunch of pecker-excuse me -pinheads.

Squirrel--I think what you're seeing here is strictly a messed up demo--so pay no attention at all. I use cybercorp and their demo always screws up just like your describing-I personally occasionally just use the demo for hand/eye coordination and speed(with mouse)-- for execution practice...

Squirrel actually go back into this thread--Praetorian2 and zboy provide some really good info regarding this.

Squirrel welcome to the world of the axe(or possibly just a large buyer or seller). MLCO sits there showing 1000-the fact is he's lying. In truth, he's buying or selling much more as you witnessed-and thats one reason why time and sales becomes such a valuable tool. Not sure what you mean in...

Privateer I for one would like to thank you for all your posts which are always chock full of very useful information. Your efforts to prepare these are much appreciated.

Correction-- SIXER.com came up with the cute little stunt of us helping them price it.

I agree guys they have some hell of a nerve-$40--How bout the cute little idea of having us help price it-what do they take us for morons. But its true War they got us hooked-gave us the jones as we say in NYC. Privateer hopefully some of your selections will ease the withdrawal.

Thanks to both of you. Zach this post is about a month old and I was thinking of going in another direction-but this does sound enticing. I'm gonna think on it.-Dan

Much appreciate you reply tradewinds--sounds very interesting-I'm gonna watch.

Thanks Robert I shall follow your advice. By the way, several times You've mention NLP-I'm pretty well versed in it-however not through, I believe, it's Bandler Grindler-but thru Tony Robbins-do you have faith in his method or do you feel its a bastardization of the process?

Zboy I'm impressed by your stock talk and now I'm even more impressed by your music and I'm a tough critic-I've had some experience in the past--I don't know if you have a deal yet but you will. Good luck.

Thanks Z for the valuable info. Yes I have noticed there is indeed less liquidity as I look to find an ecn to get out-so there is indeed less daytraders out there now. On most of my stopped out trades as of the past few sessions-had I shorted this stock as the day begins and covered at the end...

Z--as I also begin to get whipped more and more(large volume scalps) it's my feeling that mms are more insidious than ever as profits for them dry up in other areas. Support/resistence in all forms seems at times to be none existent and constantly violated as they fight each other and shake...

Pretorian2- I scalp the nasdaq-- would you please comment as much as you can on how you read the Nas and s&p future charts. What are the key ingredients which dictate direction to you? What is a strong long sign and then what to watch for as reversal approaches? Do they have to be moving in...

Thats exactly how I see it--thanks Prae2 for your insight

Thank you both. Praetorian2---I understand,however, you do make mention that you do know how to trade around an axe. Is that something you might be able to share here? I'd certainly like to know-much thanks

Praetorian2 my question was not how to beat the axe. My question is what to do when a trader whose style is scalping notices extreme axe activity 1.--on one side 2.--back and forth 3.--appears to be on one side and quite possibly using ecns on the other?--Just avoid the stock for the day??Thank you