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shouldn't be hard to find people, there are only about 5000 traders in the area.:D

No one regulates the FX market, so why should the funds be regulated....

I think I am going to like it, it will benefit people that trade more than 1000 shs because of the unlimited NX and the sweeping of the book. The stocks will move much faster. I do not think the new program will affect stocks that trade 1MM or less or greater than 15MM. As for market shorts, I...

if the specialist is only showing a 100 bid/offer i can sweep through him on my system. i guess extra liquidity for me. :D

I should have lost more than I did this week. I got out of some real losers just in time. I'm lucky and happy. You don't hear traders ever say that...:D :) :D I'm just trying to say that in trading it is understood that money will always be left on the table, it's part of the game....

+325

-175 worst 3 days in 4 months. when the market is this bad you just can not have those big down days, they are the real killers. hopefully the market will pick up on monday.

+250 Got to take what the market gives you, and sometimes it's crap....

-100

I agree 100%, dead on. This is what I do...

1st case, you don't get the average, you actually get the price of the 3 bids. So you would get 100shs executed at 71.25, and 100shs 71.15, etc... 2nd case: you are not getting screwed because you put in a limit order in at that price. If you don't want to sell it that low, just put a higher...

I just set up a home office this weekend to trade maybe 1 day a week from home. I bought 3 dell 19in. flat screens (The Dell™ E197FP 19'' Flat Panel Display) for $200/each. These things are sweet.... http://accessories.us.dell.com/sna/productdetail.aspx?c=us&l=en&s=dhs&cs=19&sku=320-5003

Well if I use that same example as above and you place a limit order to sell at say at 71. Assuming that there are only 3 bids of 100shs each at 71.25, 71.15, 71.05, and no buyers around. 1 of 2 things can happen. 1. The specialist can fill your 300shs at the 3 bids prices on the openbook and...

I am assuming that you are going to sell the stock at the market or otherwise your question wouldn't make sense. If there is no liquidity on the openbook, the specialist will just spread the stock down to a certain level where he will feels comfortable buying the stock were he will not lose...

No, my strategy is "tape reading" and I scalp to take advantage of my edge. But not all scalpers are tape readers....

I know people that scalp that have the same issues that you have with the volatility of their P&L. The good news is you know how to make money, but the bad news is there are some issues with your risk management. Of course if you hold overnights you put yourself at "the mercy of markets"...

Scalping is not an strategy, it's a way of trading. Just because I can scalp listed equities successfully, doesn't mean I can scalp pork belly futures...

+730 Stopped trading at 3pm, because I had to work on my computer. But today was a mental test for me to see if I can make money during one of the top 5 worse trading days of the year.:D

0 net 0 shares Didn't trade today, don't want people to think I had a big down day and didn't post:D

+100 one of the worst days of the year for me, sept can't come any sooner. :D