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From some of the posts I've seen on this board, I think that TNT's statement "90% of traders loose", might be correct :p .

10K, I have never done an opening order in my life, but I am thinking about trying it eventually. As far as pair trading goes. Choose two stocks that you think should move together (based on historical movement market condition etc). When you think the difference in price is too great...

xicaji, Thanks for the response. I sit here trading by myself all day, and sometimes it's nice to be able to compare to some other traders. My concern is that I have "optimized" my methods too much for the current market. I'm glad to hear that the traders in your firm aren't finding the...

Trade Nasdaq, in a stock that trades 8mil a day you probably would have gotten out with minimal slippage if you were fast.

After hundreds of trades, I have had about four instances that were/are a bit of a mystery. I suppose I must have erred, on these instances, but I'm not really sure.

I have been trading pairs since October, and have been fairly pleased with the results. I have had to modify my strategy somewhat, and it seems to be working well now. My concern is that the trading environment of the last few months may be somewhat atypical. For those of you who have been...

I have been trading pairs since October, and have been fairly pleased with the results. I have had to modify my strategy somewhat, and it seems to be working well now. My concern is that the trading environment of the last few months may be somewhat atypical. For those of you trading pairs...

Uptik2000, What about ecn pass-thorugh fees? Are all of the pro/prop firms eating them? It seems that I remember some of them passing various fees on to the trader.

Saxon, IB includes QQQ as a listed stock even if you trade it on ISLAND (I think it should not be included if you route to ISLAND), and I have been "stuck" needing to buy 50 shares before. In those cases, I have bought 100 and sold 50 - it worked fine. So if nothing has changed (I haven't...

Dave and Wonderduck, Thanks for the info. I think I will change my routing to NYSE instead of BEST Monday and see what happens.

Wonderduck, I guess we're getting a little off topic here, but I really appreciate the response. I trade MER and MWD using BEST(and sometimes I trade QQQ with BEST and get routed to NYSE). I pare into my positions on these stocks at about 160 shares at a time, but I have never seen a quick...

Cartoosa, Thanks for the reply. I am far from an authority on NYSE, and you could be right. What I see happen seems to agree with what you say. I usually can't wait 2 minutes to see if I got filled or not - that's part of what is so frustrating for me. What about super-dot or something...

Wonderduck, I don't really know to tell you the truth. I trade two NYSE stocks and eight NAS stocks. I trade the listed ones mostly because I feel like I should know how to trade them. I am happy to say that I make money on them, but it is extremely frustrating for me. For example, I...

I think that would be one of the best improvements they could make. That and some improvements on NYSE routing. I wish they would put these items on their customer surveys.

Hitman, I don't know these stocks, but I saw you talking about the SPX. It isn't too late to buy (or sell, I don't remember if you're long or short) some QQQ's as a hedge if you thought it would do any good. They are 33.67 x 33.78 on Island right now. Good luck.

Don, Don't you think being the only one who can see the book should give the specialists enough of an edge to make a profit? What if you were the only one who could see the book, would you cry about small spreads or make a killing? I know they have a theoretical responsibility to provide an...

David Nassar, Thanks for the reply. I just don't really see it your way. I don't see why a downward spiral is any worse than an upward spiral. A solid company's stock will only go so low, and a weak company should go as low as it needs to. I bet there are a lot of people that wish Enron...

Don and Rtharp, Thanks

I wish the specialists would go on strike for real and just have their clerks post all of the orders as they arrive :eek: .

David nassar, You wrote in a another thread: "I feel Bullets should be illegal as well since both circumvent a useful longstanding rule of the NYSE (where the short sale rule originated as with most rules that still stand today in the market), the short selling rule..." Why do you think...