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>logic is that if more people post orders >to the island book, that will make island >a more liquid place, etc. I'm with Babek here -- doesn't matter how many people are posting orders...if no one hits them there is no effective liquidity. I still don't understand the logic, but I don't...

>wouldn't both be providing liquidity? Semantics. Their definition of "adding liquidity" would be posting a bid or offer to the book. Conversely, "removing liquidity" is hitting a bid or lifting an offer. Ignoring for a moment the odd description, I'm not sure I understand the logic...

>Terra Nova-MB has everything you're looking for. Well, except for the "low commissions" part. :-) Let's be clear on two points: A. MB provide the best service of any of my brokers. These guys and gals or the best about taking care of me. B. I pay for it dearly. JB

>Do you know who the crowd is, Personally don't care. >and what they're doing? What they are doing is imprinted on the tape and thus the charts. To learn the crowd's personality and behavour, I would concentrate on learning to read those two. It's all there. JB

>When a stock approaches a support level I >either go long looking for a bounce or short >it looking for a break. Well, I can tell you what I do in that situation: I don't go looking for anything. If it breaks, I(may)go short. If it bounces I(may)go long. That's the difference...

>can anybody experienced with IB, or any other >retail broker (Real tick users, perhaps), give >opinions regarding trading with IB, other than >realtick,,,,,not including the obvious commissions >difference. Before considering my comments relevent to your needs, remember the following...

>+384 > >I stayed out of playing the Fed decision. >I didn't want to take any chances. With decisions like this you are gonna make it. :-) I sat out the first few announcments of my so far short career. I'm just now learning how to play them. All it takes is time, observation and...

I said: >unless I'm a moron (there's that chance) there >is no futures data. Dekamp correctly points out: >(both free and pay versions) offers E-Mini >live quotes and charts: try CME:NQ01U and >CME:ES01U. <snip> >The documentation also states that they >support other CME...

I am a subscriber (they're my backup feed and an unreliable one at that) and unless I'm a moron (there's that chance) there is no futures data. JB

>When a stock gaps-up on news or an upgrade, >who is buying at 9:30? Not the day-traders.. >every book we have read teaches us to prepare >to short that irrational morning rise. > >And who listens to the sell-side analysts? >Not the day-traders You are giving WAY too much credit to...

>When I asked about speed of trading,I >was not talking about getting a fill >after hitting the transmit "button" IB's execution interface weakness is evidenced when one wishes to quickly trade a security the user has not previously 'setup'. Where IB's execution interface shines is...

>RE: Fast fills at IB... > >That's incredible! Are you talking about >listed securities here? Sorry, I should have been more precise. I only trade the Naz. The fills to which I refer are ECN fills. Island is the fastest (practically instant) followed by Inca and Redi (usually 1 to 2...

>Is IB as fast as Patsystem >seems to be? thanks Don't know how fast Patsystems seem to be. I get my IB fills in an average of less than one second. JB

>I thought Patsystems was a trading >system?How do they compete with IB? The same way Realtick competes with say, Cybertrader. JB

Patsystems is a competitor to IB. JB

>they intervene, in various ways, >depending on the order, The only "intervention" would be through one of the two BEST routing methods (which I never use). This form of "intervention" is indentical to the "intervention" that Cyber, Protrader, Arca, Redi, Brut, etc, to their their routing...

Nice safe come back strategy MGB. Congrats on the nice winning day. Play it conservative and you'll get it back in time. JB

>Well other than Baron and Turok >never called me??? Due to a hang gliding accident in the family (non life threatening) I was unable to make it. My apologies JB

TraderRX says: >You remind me of the student sitting >in class who can't (won't) learn the >good material before him because he >doesn't like the teacher You remind me of a street preacher screaming at the top of his lungs that if I don't follow his gospel I will burn in hell...

>Any advice? Along with IB I use Realtick and am completely satisfied. Realtick.com JB