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I was calculating the vig not based on my knowledge of options (it's small), but based on the difference in pricing from buying/selling the same option. It was astronomical. I.E. if the box is touched (selling out of money option), recieve $40. If buying assuming box will be touched, (same...

Did you look on a demo or real account? Around a year ago, on the demo, I thought the prices were a slight vig to the house which could be overcome with good trades. Then, on the live account, the pricing was totally different and struck me as completely impossible to overcome, in the ballpark...

Your user ID serves you well. Would you mind explaining what a flash order is, and how it relates to the flash crash? While of course I would love to trade in markets where human beings foolishly work large customer orders all day long, I think most - if not all - the professionals in this...

You let a man whom you didn't know bleed out in front of your house instead of calling 911 or helping to stop the bleeding with a tourniquet? You are the psycho here.

Flash orders had absolutely nothing to do with the flash crash.

I like to check in every now and again, decent day.

1099... no losses... oh so royally screwed

As far as C, you can't be first in queue on the major ECNs, but there's still plenty of room to trade it... I've had no more than a handful of negative days in C this whole year. As far as KO/PEP, his BP won't even let him take 100 shares of both of them, AND while yes, he can maintain some...

I agree with what you're saying, however... be careful making such long-winded posts on ET on subjects that matter very little (i.e. idiots trolling and showing disrespect to other strangers you don't personally know). I believe Jack Hershey once started out like you. It's a dangerous path.

What you're trying to do is going to be very, very difficult with Swift/Title's $50/day max loss. Even with very small lots, if you diversify into two stocks you'll have to cut losers at points where you should be adding more. Try SIRI/C, finding the right spots to add liquidity to make...

Depending on the thickness of the stock, primary (NYSE) can be the absolute WORST POSSIBLE place to post a limit... if it's thin or medium thickness NYSE is good, thicker the more it becomes horrible.

It can be done with very little provided you can trade small lot sizes. If you have a 100 share minimum, or 1 contract minimum, you can't consider it with less than oh... 20k+. And that's ehh. If you can trade 1 share, or odd lots, and not get killed by execution fees, you can martingale with...

What stocks and how do you execute them?

Penson and IB not going anywhere.

I posted this a few years ago and so I'm copying/pasting it. The way I see it is as that the daytraders make their living off of the natural inefficiencies that come when large orders are entered, especially fearfully or greedily. The orders come from all the various institutions that are...

I don't quite see why they wrote an article on this couple... very boring story. Seems like they're not the sharpest tools in the shed.

Don't aim for a "return," aim for $. Doubling a $5k account isn't that difficult; running around screaming of your 100% return will make you seem like a fool. Aim for $. As an amateur, it's unlikely you'll have lots of money, so you should aim first to learn and be able to break even... but...

I always get a chuckle out of them.

Reading again the TradeWorx link Trom posted, I can see now that: someone takes out the last 250,000 shares at 4.90 on NSDQ, usually by sending an order larger than 250,000 shares (for example, 350,000 shares). It takes out the last 250,000 shares, then goes as a hidden order buy order for...

I use direct access software and route directly to each ECN. This is how it should be, as Trom said, REGNMS keeps it from being so.