Magna,
wow! That routing algorithm makes a lot of sense!! Wonder why IB doesn't do the same.
I also wonder why IB doesn't make public its routing algorithm like their competition?
:confused: :confused: :confused:
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def,
any progress on the ARCA/REDI routing...
I know this is small consolation to those that will be adversely affected by the new SEC rules but T+1 settlement is coming in 2004-5 appx.
Maybe by then we'll have another bull market?
:D
defina,
put him on your ignore list and you won't even care how many posts he has!
I tell you since I did it elitetrader.com looks so much better and cleaner! I didn't even know he was posting here until I read your comment.
We asked Baron for the ignore function. He graciously provided...
IB's implementation of the "Day Trader" rules is as follows:
A customer will be deemed a "Pattern Day Trader" when they make more than 3 day trades (open and close a position on the same day) within 5 business days.
As of September 28, 2001, "Pattern Day Traders" with greater than $25,000...
Look under the hood, if its making money where is it coming from? calculate R and chart a graph of all of them. Do you have one or two massive R trades that provide most of the system profitability?
Recommend: Ultimate Trading Guide by Hill, Pruitt, Hill
Title is deceptive as the book is...
Most major international mkt indices have been trading below their April lows for a while now (UK, France, Spain, Canada, etc). Nothing surprising there. I think we all know we're going lower.
I'm a discretionary trader. Which means that I enter on patterns(art). However, position sizing for me is systematic (science). Let me explain:
I'll notice a pattern forming (lets say a double bottom for example) I will only enter when I have determined what price action will negate the...
firewalking has nothing to do with NLP.
Tony Robbins puts it in his act because it is an empowering act. Think about it. If you can do that, what can't you do?
Tony is a GREAT marketer, he has concentrated on how to distill NLP techniques to well shaped portions which he can then sell. He...
Cesko,
Although not addressed to me, I would be happy to answer your question. My brother is a practitioner and I've learned a little about the source of NLP as a result.
The official developers of NLP are Richard Bandler and John Grinder . They studied the work and life of Milton H...
Hitman,
I would suggest that the above is more imprortant than exit strategies (although it has its place also).
How do you determine your sizing? why did you take small positions on some and larger ones on others? was this just coincidence (apparent in hindsight)? did you apply the same...
rtharp,
Thanks for sharing such an intimate story. What makes NLP extraordinary is that you didn't have to have remembered what led to your block. (In this case you did but it wasn't necessary)
Just wanted to point that out because many conventional psychologists concentrate on taking...
tom_p,
nice of you to care for new members, but wouldn't it be simpler to private message them and tell them to put shortnfool on their ignore list (as most others already have)?
balderdash!
the AD line has always been polluted by these (prf, closed end funds, etc). Each time the same opinions are cited.
You shouldn't rely on only ONE indicator. But this is an incorrect critique of the AD line.
For those of you that use IB's TWS, there is a new build that has some visible differences and some behind the scenes changes (I don't know what they did but it is much faster loading the pages now).
You can find the relevant info here...
I don't want to knock any other person's style. But there is something to be said for relying only on price, volume and tape reading.
ALL indicators are lagging. But when you get a feel for the above 3 concepts then you can be in tune with the market.