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Aren't you a journalist? Shouldn't you know it's and its?

EDGA charges for hidden orders BX charges for hidden orders that add BYX charges for hidden orders that add EDGX it looks like gives a full rebate for hidden BATS gives a $2.00/1k rebate on hidden instead of $2.70 on displayed NSDQ gives a $1/1k rebate on hidden Don't think NYSE charges...

I got really, really lucky. A whole confluence of factors which usually turn out to be horrible resulted in me taking on a massive position, the largest of my trading career. I had 77,799 shares of C long (given that average bid/ask size on inside market, penny spread, is 3-10 million... I was...

For some reason, my code didn't go through on elite. Here's a screenshot:

Download Macro Express. It's a powerful scripting tool. The scripting language/syntax is very easy; I don't know how to program but I can create anything in Macro Express. Once you have it installed, you create a new macro. You can active this macro with a hotkey, or just have it be...

Bearice, I have no idea whre you got your information or ideas but you are incorrect. A company doesn't own 50% of its shares. It owns whatever it chooses to float. If it floats too much, it can choose to buyback or issue shares. Look on yahoo finance or MSN finance or any other stock...

I have negative troll types and am NOT to be confused with one, lol, but many of those studies have been done and some showed far worse. Lookup the TUCO Trading numbers that were divulged in an investigation.

The posts are a year apart.

Does desk fee come out of profits? Most the futures prop firms I've heard of charge a desk fee in that area. The question is if you are expected to fork it up if you're new. If you aren't successful after 12 months and you didn't spend 24 grand in desk fees and the firm lets you leave with no...

Can't be done. And I can only trade this way in C, so even if I could scale up, I'd only get 5 weeks out of it. Most likely whatever other kind of trading I end up doing will allow for me to scale it up significantly higher than this.

I decided to post my month, posting every day I'm way too lazy for. Also, I really hate posting losing days. I end up feeling very ashamed of myself. For the month!

Thanks Red. I appreciate the sentiment. Only since I started with C did I get addicted to ECN credits. In the past I have six figure differences between my gross and net (in the firm's favor, of course). I don't think I am, I know how to trade several strategies. I've only traded this...

What are some of these discrepancies? I believe you, and I'm not an an IB customer - I've just been following the thread and am rather curious.

I've been successful trading C for quite some time. I have an intimidate knowledge of that stock and a bag full of edges. I know when to do what strategy and am masterful with execution and use of routes. It has gotten to a point where I truly am shocked when I have a down day. I wake up...

Consumers won't bite. No way in hell. Isn't getting an infinite line of credit at 0% interest a way to make enough money? I've never been to Vegas but I was told that ATMs in the casinos charge $5 or $6 which I suppose makes sense given that people who have been given lots of free booze...

Nice find. I got a good laugh out of that. Just like his father, he anecdotally explains why he believes HFT is bad without citing any proof or explaining it with any depth. Then again, I probably shouldn't be counting on 13 year olds to understand market structure.

Yes. If you're sending out 200 orders and so are 200 other people, sterling's server is processing 40,000 orders. If it's just you and 10 guys, it's only processing 2,000.

Brokerage fees don't pay for exchange infrastructure. Only the spread between the rebate and the charge on ECN fees, which are extremely low and competitive - in some cases, like with BYX, the exchange actually loses money on every trade. (To take liquidty, you get a rebate of 30 cents per...

Hey Baron, could you synchronize the time for the CL redux Journal? Just kidding ;)

I've been reading a lot of the Themis Trading blog ( http://blog.themistrading.com/ ) lately. Themis Trading is at the forefront of the war against high-frequency trading (HFT). Their blog has many interesting articles outlining why HFT, in conjunction with our modern for-profit exchange...