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    New guys, now is not the time

    It's been tough considering the high VIX. We didn't get any good panic moves in individual stocks even though the market was moving. In fact I don't know anyone doing well this month. Last month was good though.
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    Hello guys, help a prop guy out.

    It's not exactly what you are looking for but you could use Market Topology to find the highest correlated stocks. It's free. http://market-topology.com/
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    I've been robbed

    No, I'm not saying that at all. I agree that the current trade bust rules are not the best. They should have wider bust criteria which would entice more liq providers to rest orders which is really what the market needs. They also need to have clearer guidelines about when they will and won't...
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    I've been robbed

    They protect you the same as they protect GS.
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    I've been robbed

    That's because you are the only one even talking about adjustments. I agree that a policy for them would possibly be more fair to all parties. At this time all we have are trade busts, and I like to know that I'm protected from making a huge fat finger mistake. For example, I use Cyborg for...
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    I've been robbed

    Based on experience trading through Asia in 97, LTCM in 98, dotcom in 01, mini crash 07, real crash 08...I can state in my opinion the market was definitely not functioning as it was designed, and any regulator is also going to see it that way.
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    I've been robbed

    This happens all the time. It is the traders responsibility to determine whether the trade will stand prior to closing the position.
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    I've been robbed

    In my opinion yes, the market had ceased to function as it was designed. 60% was a gift.
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    I've been robbed

    Anytime you are lucky enough to get a fill way outside normal parameters when there is no legitimate reason for the stock to trade there you have to assume it's going to get broken...period. Trade breaks exist to protect all of us from possible ruin which I for one support.
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    New guys, now is not the time

    Figured it was time to post something. These past two weeks have been the best trading environment that we've seen in a long time. I guess what it comes down to is where there's fear, there's profits...at least for my style. Crossing fingers that the volume and volatility continues. Have a...
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    sterling and cyborg

    Try the live chat with Jon, he can take a look at your log. I also use Sterling with TI and Cyborg and haven't experienced that issue fwiw.
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    New guys, now is not the time

    I know generally where I expect the trade to end up and I try to scale out around that point. If you don't already, try sorting your open positions by P/L and just manage the trades that are on the top and bottom...the trades in the middle shouldn't need attention. Also have enough charts to...
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    New guys, now is not the time

    Yes reversion trades I typically scale into as it goes against me (and often double up as it starts coming in), while breakouts I add as they move in my favor. All ECN rebates/fees are passed on to me. My current favorite route is EDGAROUC. In an active market I will trade 20-40 stocks per...
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    New guys, now is not the time

    Here's my response, maybe Lescor can add his opinion also. Below is an example of a trade from yesterday. Huge momo in the morning, completely detached from ES. This is one chart pattern I love and it used to happen all the time. In the past year it's rare, while in '07-08 you saw it in...
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    Cyborg Suggestions

    They don't allow orders to be sent on sub $1 stocks...nothing to do with fractional cents.
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    New guys, now is not the time

    Sorry, missed you the first time around. I prefer RTM trading in high volatility markets.
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    Cyborg Suggestions

    +1 for percentage based entries. I formally requested it a couple months ago fwiw.
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    New guys, now is not the time

    This is what it all comes down to for me. Of course I'm always trying to find strategies that work in slower markets, but really my income is derived from volatility. In the future I plan to hedge my income in case of a falling VIX environment...lesson learned.
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    I-pad

    If I were to keep an open mind, can someone explain why someone would need this device in their daily life? Would it replace your laptop for work, your desktop for home use, your TV, your Kindle? Does it do anything better than those individually? What would you use it for everyday?
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    I-pad

    America..."the land of people spending money they don't have on things they don't need."
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