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I agree with the first part of this. When I'm in a position with any kind of size, and I've decided that I want to get out...sooner rather than later... I'll cross the bid or ask as Cutten is describing. However, I break up the order into smaller pieces and scale them, sometimes looking at...

ortega, What do you mean when you say ARCA problems? There are some things about ARCA that might make it appear to be problematic, such as sending a marketable order out to another exchange for execution at a better price. That exchange may be NYSE or AMEX, and while the specialist there...

PDT = Pattern DayTrading These are rules for accounts with less than $25k limiting the number of trades that a trader can do in a five day span.

Well, that is certainly true, and an advantage of the ES. In addition, the 60/40 tax treatment for capital gains favors the futures over the SPY.

I'm starting this thread instead of posting in another that this topic came up, so I don't make it get off subject. The question wasn't asked of me, but I thought I might put some thoughts down for disucssion. Here's one reason for trading the SPY: (For argument's sake, let's say that we...

LOL!!! This is very nicely put. What part of the schoolyard can we find him in?

I have a feeling that it probably had something to do with the switchover to the INET designation. Just guessing here though. Since ISLD was "barred" by the AMEX because it did too much volume on the QQQ, SPY, and DIA, they are now able to display their markets under the new designation of...

I couldn't believe it myself, since I hadn't seen any announcements either. So I double checked by going to their website. Sure enough, both QQQ and SPY were showing quotes on their ISLD java book.

I just noticed this today. It looks like ISLD is now out of "the dark" on disseminating their quotes. It's the first day that I've seen their quotes posted alongside ARCA in a long time.

It's the same company that makes the parachutes for ultralights, BRS (http://brsparachutes.com/). Here's a pretty good picture sequence of the chute deploying on the Cirrus test aircraft: http://www.cirrusdesign.com/images/caps-a.jpg I'm not sure exactly, but I believe that they've already...

Here's a case where I think IB is truly amazing: Let's say someone trades 1000 share lots of SPY on ARCA. Popping off 1000 shares is not a big deal in that very liquid market, so a trader could lift an offer and quickly do the 1000 shares. For the second 500 of those shares, IB charges 0.5...

This is my post from another thread, "How Did Everyone Do Today?" I was getting off topic, so I've added the post here, in case anyone wants to continue the discussion: Check out the Cirrus SR22 and SR20. It's the one with a parachute. Those aircraft and the Lancair Columbia are probably...

Here's something to think about: SEC fees. When you trade a $100 stock, that adds 0.25 cents to your variable trading cost...ON EACH SIDE! (Yes, you only pay it when you sell, but for this argument I've divided it up in half.) Likewise, for a $50 stock, that's 0.125 per share. For prop...

Dave, Thanks for the detailed description. Just to be sure, I want to pose a question as follows: Let say I trade the SPY and QQQ 30 times per day. I do this for 11 months. If I take the month of December off, can I begin trading these again actively on Jan 2nd? Or do I have to wait...

This thread is a great idea, and I'm sure lots of traders will find it very useful. If any posters feel comfortable, it might be good to add what size you are trading, or rather how well different sizes work with a particular stock. I've found that in some stocks, 300 or 500 shares work...

QCharts will let you create almost any ratio or adjustment that you'd like. Type in your formula as you need to see it, paying special attention to leaving one space after any operand. e.g. ((3* NQ03Z) / (2* ES03Z)) /5 In versions 4.3 and above, you can plot a chart of any spread in...

Trader Workstation = TWS It's Interactive Brokers order entry platform. www.interactivebrokers.com

Certainly, that's possible. But support for TS2000 has essentially gone away also. What remains is a very usable product with a lot of users. I've used my copy of Dynastore continuously for four years, even though the support was dropped. But yes, that's a risk that should be considered...

Dynastore is still offering a solution. For a while DB had pulled out from the QFeed/Quote.com market, but has started selling his excellent program again. Check http://www.dynastorelight.com/QuoteCom/ I've used it for almost 4 years now. One of the things I really like is the ability to...

I'm not sure that being able to see the real time size in the book would be a *lot* more helpful. Especially in thicker, large caps, when the market begins to move in the opposite direction .... POW ... in the next refresh of the book, the orders are all stacked up crossing the market. There...