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Obviously, that is what this thread is all about to you. If I were both smart and wise, I would stay out of this thread. But, as my ex-wife would testify, I am neither. Consequently, I can't help it but to comment on my impression of the ill-like sarcastic sense of humor that pours out of...

Just out of curiosity, may I ask why are you doing this? How does this add up to your expectancy formula? (joke). No, seriously, why would a very successful trader look for a job? I thought the reason you went to Echo was to get more leverage, so you could make more money. Did I miss...

Very interesting point of view. Within the same guidelines, I want to say that I believe that Robert has done an excellent job on this board. In fact, I have tremendous respect for Robert although our position sizing methodologies are as different as night and day. But as long as we both make...

LOL, and I thought I was the only one who got the "royal treatment" from Knight. You couldn't count fast enough the number of times the person on the other side of the handset used the "F" Word once he found out I was a daytrader. You see, back in the "old days," while the iNets were...

I don't want to pick a fight or anything like that, but both your assumptions are absolutely 100% wrong! 1.) Many great traders go on the route to become money managers only to turn back and trade their own money exclusively. The burnout rate is extremely high. If you talk to professional...

Not in my trading experience. You can lose a ton on VRTS and CIEN in one-sided markets. There will be no ECN in sight! I have paid up 50-80 cents many times to cover a short on VRTS and CIEN taking out best ECN offers. Remember we are talking about FAST MOVING MARKETS ... Bill

Zboy, I respect your opinion very much, and I know that many of you feel that way. However, from a risk management point of view, I feel that if I trade 300+ shares on average per transaction, MBT is the way to go. I average 700 shares per order, so my commission difference is 1 cent. I...

The quote is borrowed from Rogan's E-book published in 1999. http://www.elitetrader.com/vb/showthread.php?threadid=655 Rogan used to be a market maker, and this was his exact description of what happens with a selectnet order. FWIW, I guarantee you Ken has never seen a Level III screen. You...

And what if my trading style is not to trade the CSCOs and ORCLs of the world??? When I did my DD on IB VS MBT, I came to the following conclusion: If you trade more than 25 round trips a month and more than 300 shares per order on average, you should use MBT. If you trade 100-200...

Actually, this quote belongs to Rogan LaBier. It was originally posted word for word on his tools-of-the-trade website. Bill

http://63.118.80.29/waters/trader.exe Bill

Here is the problem. Suppose that you enter a swing trade on Monday and a stop loss is triggered. Then you enter another trade on Monday for which another stop loss is triggered. On Tue, the same thing happens twice again. On Wed, the same thing happens again. In short, you get stopped out...

http://www.stockjunkie.com/newsletr.htm http://www.realitytrader.com/ta/video/qqq.htm http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B5E25FAE5%2D2426%2D4CBF%2DB9AA%2D92E7755A2633%7D Bill

marketable ODD-LOT orders routed via ARCA would most likely be routed to NITE, who should have his AutoEx turned on. Bill

Jperl and all, I understand this is an IB thread, but I'd like to say that Tony Oz is using ARCA NOW ORDERS in fast moving markets. I took his seminar, and he taught us to use the ARCA NOW ORDER in fast moving markets. This type of order hits all the available liquidity on all ECNs at...

I gave you the December symbols by mistake. Here are the september ones: /NDU1 Nasdaq 100 (Market Hours) /NDP1 Nasdaq 100 (Evening Hours) /NQP1 Nasdaq E-Mini (Market and Evening) Bill

I really enjoyed and learned a lot from Tony Oz's books and seminar. I spent a total of $1700 on his books and seminar up to date and I feel it saved me at least five times that much already. I will slao be attending his live trading seminar in August. Bill

/NDZ1 Nasdaq 100 (Market Hours) /NDT1 Nasdaq 100 (Evening Hours) /NQT1 Nasdaq E-Mini (Market and Evening) Minis are free, the other two are sixty bucks a month. Bill

Before I retired and started trading full time, I was a private investigator. I decided to play Dick Tracey today, because I was somewhat suspicious of the "love" DTU was receiving on this board. I am not going to make any accusations, but I will let you know some of the evidence I found...

http://www.daytradingstocks.com Probably the most comprehansive directory for what you want :)