Search results

Enveloping. Put orders behind Bid/Ask for trade-through. Close the position for a few cent gain once filled. Pair Trading. 1. Wait for good spread and Put on 1st Layer (Long One Short One) 2a. If it moves it your favor, sell it for gain and go back to step 1. 2b. If it moves...

xyannix, I'm sure all firms now days charge less than 1 cent a share all inclusive. Even a retail firm IB charges .5 cent a share for all shares with no extra fees. If Bright would lower their commissions to be competitive with IB or other prop firms, they would be the best...

Don't upgrade unless you are forced to or it has some new feature you need.

I also thought this thread was about some car anti-theft system. OMFG, you made a whole 1 NQ point with 1 contract. You then calculated how many 31 seconds in a trading day and assumed you can take 1 NQ point every 31 seconds for the whole day. Yeah, why don't you make 754 NQ points...

How long do you hold your stocks? I haven't gotten anything in the mail at all. I don't hold overnight. I do get those prospectus from my other broker.

Good Job! Let us know in another month or two how well your system holds up.

Hey Pumper, Don't get your panties in a bunch. I'm sorry if a simple question was too threatening to you. I can tell by your post that you have a lot of frustration with losing money. I'm also very good at calling entry and exit points at the end of the day. Good Luck!

There are no such orders as the two listed above. 1. You would have to manually program this with Excel DDE or API. But the time used by trying to execute the limit order and not being filled, then canceling and puting a market order may increase your slippage in a fast moving market. You...

Did you check the box for: "Allow triggering outside of regular trading hours" under the Stop Trigger Method I would listen to some of the other posters and learn all the orders and the trading platform before putting real money on the line. Good Luck!

Stop limit, you are limiting your slippage but if it trades through and keeps going, you're never gonna get filled. It'll happen every once in a while and it'll cost you. Better to take the slippage with a stop market order.

About 1 year ago, I tried both QCharts and Esignal at the same time. Esignal was sometimes .5-1 secs faster than QCharts. Does anyone who tried both recently checked to see if the speed of QCharts has improved to match eSignal? Thanks!

I found the most positive email picture in my mailbox from him after he raised his size to 1000. His email read: "8 out of 10 winners today. This is very encouraging. All I need is my Series 7 and I'm on my way!!" 18k * 0.0125 = $225 commissions $460 - $225 = $235 Gain for day...

I'm going to be fair and show a negative picture the same person sent me. His email read: "8 out of 12 winners but a losing day. Two reasons why: 1) I wasn't quick enough on USB, just missed getting out with a quick profit 2) Held some longs too long in a sinking market" 26k * 0.0125...

I'm going to be fair and show a positive picture the same person sent me before he raised his size to 1000 shares. His email read: "I guess this is how Opening Orders are supposed to work. The BP and XOM trades were an overnight hold, but the rest were openings. 13 out of 15 winners...

I think the "nonvocal majority" had doubts about the effectiveness also. I talked with most of the class and nobody was breakeven after commissions and the desk fee. Students were asking each other what they should be doing after the openings. Most the students were losing money from the...

That's impressive if you're story is true. What was the turning point for you to becoming profitable? Are you a systematic trader or discretionary? Do you daytrade or swing trade or something else? Thanks!

I just signed up for a free eFax, installed eFax viewer, faxed myself the price sheet long distance, viewed the fax, saved as tif, skew the size, converted it to jpg. I always thought rebating was getting money back for providing liquidity. I do not consider this rebating. You get charged...

You are paying $2000 for the course, most the students assumed the desk fee didn't start until AFTER the boot camp was over. Don said the $.0125 was to encourage the students to hurry up and pass the S7 since they have limited space for non S7. You are wrong. From the 2005 Price Sheet...

I attended the 3-day course, Boot Camp and Advanced Course. Here are the key points I remember: 3-Day Course - There are 7 criteria and you need to line up the criterias before you make a trade. Also watched Don trade the openings. Bob talked about using the VIX. Boot Camp - Lots of...

Haahaa When you're a sponsor you have privileges. That includes charging $400 desk fees and 1 cent a share commission. 1.25 cent a share for non series 7 and that doesn't even include the sec fees.