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the ability to adapt

I think virtuoso had a good post about buiding your ego from your past success. I also believe it's easier to play on a small scale because you can relate to the money ie 'i just made enough today to buy a hyundai'. When you start getting into 500k in profits it isn't a game of survival, but...

island/instinet is going to buy NYSE. Wait a minute can you buy a 'not for profit' company? Maybe the ole' boys won't go for that after all. Scalp100

I've been around this game long enough to know that it attracts all sorts of shady characters. Given this I've boiled down decisions of working with people in this business of trading to -risk/reward. On the black box idea economies of scale tipped me toward the outsourcing avenue. I did my...

try this: www.futuresource.com scalp

Anybody know anything about this? Scalp

soon those blokes will gobble up arcaex, the amex and nyse. Then the mission will be complete! scalp

Hey JM what effects do you think the amex will have on trading in these stocks. Doesn't everyone just avoid the amex cuz he is to slow? If not how does one get auto ex for amex and what kind of size if so? scalp

I'm sure the people who trade listed stocks would like to hear the specialist's perspective. So if you would give us your take on this situation. scalp

$37 for a g lot and you can only use them once. The worst part is many stocks on the NYSE are not 'slip-able'. Besides that it's nice to have something rather then nothing. scalp

for those of you wanting more info please refer to this url: www.blackboxllc.com

Well its time for me to post my results on black box firms: I ended up taking my trading idea to a firm called Black Box LLC located in Chicago. This firm basically takes your idea programs it, puts up the money to trade it and actually trades it. They have a decent split which depends on...

The witching Fridays are always tough. The price action completely changes so the trading logic you normally use does not apply. IMO it's best to sit on the sidelines if your a nyse scalper. Scalp

Thanks for the replies.... JMar I've talked to the folks at OES and I'm somewhat familiar with the direct lines to the regionals. I have no experience actually trading a system equiped with direct lines but from what i read the auto ex size with direct lines is fairly small. eg. 599 shares to...

I visited the floor of the NYSE exchange a while back While I was down there I was talking with a floor broker about how he gets size orders done in a busy stock. He was talking about various ways to deal with the specialist and the 'crowd'. At one point in the conversation he mentioned another...

Gross profits usually means profits before any fees. ie. what your P/L says. 25% is a good payout based on gross. Gross payout were more common several years ago. With the fee structures the way they are today net payouts usually work in the traders favor. If you have a chance to clerk on...

Cingular is nuts to pay 41 billion. This smells of machisimo to me. Now Vodafone is going to dump Verizon as a proverbial sulking..hmm maybe SBC can come up with 100 billion to scoop up VZ at 'bottom bargain' prices. awe is not worth 41 billion. I must give the suits at T kudos they played thier...

hey 'one' thanks for the post, 20% is a decent cut from what my research shows so far. I feel the same way about trading ideas. No matter how great a trading idea is, it will not make money unless it's implemented and constantly maintained. I have several trading strategies I use and I think...

try this...

Your questions all depends on where you are as a trader. If you are new to direct access trading it would be smart to start at a place that fronts all the costs and gives you a lower payout(schonfeld, first new york securities, etc). If you have experience and are willing to put up a small...