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  1. M

    market makers

    It's the factor of REAL investor buyers & sellers, smth IPIX, TASR and other hedge fund play stocks simply do not have. samuritrader, I hear ya. Good luck in your trading.
  2. M

    market makers

    Noone is angry, you got defensive. You state that you plan to make money on IPIX for a long time and that is nonsense. Tomorrow it could lose all action forever or get sold off into pennies. It's quite possible, the stock is pure junk. It's possible for any stock, but actually realistic...
  3. M

    market makers

    LOL I cant believe I actually have to explain this. Ford is one of the safest and liquid stocks on NYSE. And he does actually make moves so when I have that 5k shares going my way I can clean up on a day if I hold out for 20 cents. The stock took a 40 cent dive yersterday and had a 10 cent...
  4. M

    market makers

    LOL like I said, soon to become your famous last words. I hope not, but you got that mindset that will get you destroyed. If you said you make money everyday in IBM, GM, F, DELL or MSFT and plan to continue to do so that I can understand. I have been making money on F close to everyday so I...
  5. M

    market makers

    Soon to become your famous last words Hahaha Listen to Turok, he knows his shit. And btw, a lot of this info was covered by the S55 exam.
  6. M

    Anyone daytrade low volume nyse stks?

    Low volume means little liquidity hence the wide spreads (which are fake anyway). Like I said, it completely depends on the market and who is actually trading. You might get all excited getting filled on the bid and seeing the offer 10-20 cents away until the specialist decides to take your...
  7. M

    Anyone daytrade low volume nyse stks?

    Ugh, I was in that ACH today, what a piece of crap. I mean what is the point of even risking 100 shares in a stock where you are guaranteed to get the unfavorable side of the wide bid/ask. BuddhaTop Yeah I was trained to trade the 200k-1mil ADV. That size game has been over for years as...
  8. M

    Anyone daytrade low volume nyse stks?

    It's not even that. There are very few real buyers or sellers in this market. So when you hit that low volume piece of shit stock, chances are the only ones trading it are the specialist and some other day traders. That is a losing game. There arent even any computer progs trading those...
  9. M

    Anyone daytrade low volume nyse stks?

    In this trading environment, I have been staying away from most of the <300k volume stocks. Way too dangerous.
  10. M

    Reagan --- Market Closed ??

    True but Reagan did quite a lot of bad stuff. Contra wars, attempt to topple governments & shady business which in the public moral view are bad things but I do not really consider those much being that geo politics will be geo politics and in essense are there for good reasons. However, the...
  11. M

    Career move Prop to Corporate?

    Go hedge fund Many hedge funds were started by self employed traders who look for GOOD traders not sheep. They do go for Ivy league and academics also but those hires have to go through a training phase that takes years because market experience cannot be taught in school. An experienced...
  12. M

    russia

    I know about restricted foreign participation, Russia has it also. That why I mention the leg work. Never said it was easy. If you do not want to do the leg work, the ADRs are there for you. And it's costly.
  13. M

    russia

    hehe I think it's financial suicide to trade or invest in ADRs. Better do the leg work and invest directly in the foreign stocks. Whoever has watched these scumbags trade, would NEVER actually invest this way.
  14. M

    1st year of trading

    Number one problem is that you are relying on your trading for income. Obviously you have not enough capital. Otherwise your progress is very good.
  15. M

    Does everyone have a degree?

    I got a Finance BS from Rutgers. It's worth shit. Half my class went to grad school cause they could not find a job. The days of college education equals good job & security are long over. Even a MBA cannot secure that. Glad I took the leap instead of running the rat race.
  16. M

    so who thinks we are heading down

    Expect more of this low volume no volatility crap. Noone will make moves at least till the oil issue is settled and the Fed does their rate thing. I guess you just gotta get used to it and make what you can. I expect S&P to go to 1040-1060 before going into a nice strong rally. Oh and I did...
  17. M

    Does anybody really trade on size any more?

    Im sure Boris and Kobe would know.
  18. M

    anyone here work for Schonfeld

    Anyone else think that this deal SUCKS? Someone explain to me why a proftable trader would want to trade for 20% of monthly and 50+% of net at year end when you can get 90%+ of net paid out every 2 weeks at other firms.
  19. M

    "never let profitable positions turn into losing ones"

    You can always re-enter if you are right. Let's say you are wrong about the point move up but are up 10 cents. Stock goes back down, you bail take 5 cents profit and just watch to see if it's a shake out. What if the stock is actually going down one point and you see that now? Take it...
  20. M

    Article on Market Maker

    Salaried hacks? lol With the expansion of financial markets, technological advancements, and slowly slowly growing regulation, yes the specialists are making less in some comparisons. They are getting a smaller piece of the pie but the pie has grown exponentially. There are more other...
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