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Why do you say that? How do you know it's easier? There are just as many traders here that went from NYSE to Naz as the other way around. If you think it's much easier to scalp NYSE then why even trade Nasdaq? Common sense would stipulate that all the traders would rush to NYSE if it was...

That would explain why IBM is so psychotic and in general, quite dangerous with slippage. For a Dow component and one of the highest volume stocks on NYSE, it trades like s**t. I think being on the trading floor of any financial instrument is a humongous edge that can not be matched by any...

It completely depends on the stock universe. Naz and NYSE have stocks that are extremely liquid and fluid like F, PFE, MSFT, DELL, GM, GE. On occasion those make some nice moves, but what I like best about them is the ability to do size and safety. But for the most part, there is some...

Ok this is completely off-topic but your nonstop request to charge $500 a year has to be addressed. I myself am wondering whether you are a trader at because you show a complete lack of knowledge about business & cash flow. If you charge members $500 a year for ET, you can forget about any...

Awesome thread. Doing some options now and it's nice to see the different strategies being discussed. Buying that book, thanks for the tip Mav.

Whoever watches or has seen this, what do you think. Definitely more professional than CNBC and focus on global economy is great. Been watching it at night before going to sleep and such.

Well even though I'm not going in to trade tomorrow and have the whole night open, those questionably overripe cherries I ate at 5pm are a volatile ingredient in my stomach right now. God knows what cooking in there, I just need to be near my bathroom and smoke some herbal medicine. So I got...

Very good points. I remember discussing some of these problems back in September. Ebay has certainly taken the step toward taking advantages of the same users that made the company what it is today. It could be a sign that they are so solid financially and are so in control that they can...

I had to unignore you just to see what the fuss was from the other posters. You gotta be kidding me. You're claiming to be an ex-specialist and 40 years trading experience? Yeah whatever, your attitude is on the level of a teenager. But then NYSE is an ole boys club so neither character...

Hey guys it's cool I just use the ignore feature. Works very well. Interesting points Don and others. Good thread so far. I have the Ney book, very interesting and reading it helps reading the tape. Today was quite weak but I did ok. Been playing high volume big boys F & PFE with 1-3k...

To those that trade it, how is it>

Strange I was replying to halfback who just like ur current alias only has 3 posts. Funny, how these super experts calling others crybabies all of the sudden show up with 2 different aliases that have no posts and obviously little experience with NYSE. Thanks for your insightful post. I...

No you actually have not read my first post and obviously do not trade NYSE so have no clue what I am talking about. So do me a favor, stay the F**k outta this thread unless you have something constructive to say. For your info, I still make pretty good money from NYSE, I'm up ok today...

Dude are you an alias of TF or JS/Romeo and you just want to make nasty comments? Like I said, this is not a bitching thread or looking for condolences. Buit when assholes like you start making these types of posts, it becomes a flaming, bitching and pissing contest thread. It's good to see...

Hey if you liked the last 4 trading days, I'm all ears.

Commission from working orders at reasonable prices since they are the center of the huge majority of volume. Specialists do work the biggest institutional orders for some very hefty commissions. For their inventory I think their goal should be to break even. They should be great traders not...

Excuse me? Actually I've been trading with much better entries, better exits and executing MUCH better trades than I did during my best month. My losses are also cut shorter and I am trading on more than one strategy/style. It's just when you get abused it HURTS. Not just 5-10 cents, I'm...

It's all the plastic in her face.

I also like NYSE's trendiness and the ability to get used to the different styles specialists exhibit. It's been hard for me to start playing with Naz just because I'm so used to reading the tape. However, no one can deny the consistently deteriorating trading conditions of NYSE. Forget the...

Funny, I think my best winning streak was in Oct to Dec as I turned profitable. Guessing about 30 days in a row and then one bad day came. No biggie, then I went in Jan, my best month. My losing streak was 5 days and turned into a vicious spiral of bad trades and mounting losses. There is...