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Your gonna hate to hear this but some people never become profitable. You state that you've been at this for two years, yes? At some point time-in-grade with no positive reinforcement (read profits)begins to have a negative effect. Hard work is not always the right approach in this...

Man, are you ever right about that. $130,000 per contract since June 1. This exactly what you will not learn at a prop equity firm. Why? Because they don't have the skills. Sure, everyone and his mother knows the opening only NYSE trick, but there is a big 'ol wide world out there...

What's the issue? Can't Andover give you the hooks to the API? Or is it that you are have trouble finding quality coders?

... I can generally say with ultimate equivocation that I can generally see what the general majority will or will not do.... generally. aphie, yours is a dead accurate GENERAL statement. As you will soon find out, once your trading adventure begins, that general statements tend to...

This is certainly true. Dr. Zhivodka

I'm curious, why do you feel that the 300-400 level is a good one? Regards, Dr. Zhivodka

alphie, You mean to tell me that you don't even trade? I noticed on some other threads that you are in various stages of pre-trading, yes? Dude, get into the fight before you pontificate one further paragraph. I'm sure you'll be fine, but for G-d sakes man, at least get yourself into...

Exactly, a snowball rolls and build's upon itself gradually. It doesn't surprise. Okay...but why should anyone freak over this. This a natural progression, it is obvious... you see it coming. This is hardly a reason for a dislocation. What year do you think this is? This is not...

You list six items. But only one of those will come as any great surprise to anyone. Therefore you can eliminate 5 of the 6 items you list. And the sixth one is being priced in now. Markets are dislocated by surprises. You simply cannot surprise the market with the same information...

Where is the potential energy stored for the market to "snap?" What is the catalyst? What is the/an event that will transform the potential into the kinetic? Simply said, where is the pool of capital that exists that is still so wrong at this late date into the bear that they will at some...

Did maria recommend it? I'll be damned, like she would know anyway. Yeah, 95 bones is kind of steep. I think he probably wrote it as a Text Book. You know how that is. The pricing of text books is a complete scandal. I remember when I was a starving student I once had to pay $129...

nevermind, I just found the quote button....duh.

And another thing, how do you quote someone in your posts so that it shows their handle and bolds the text? I can obviously do it manually with HTML tags but there seems to be a better way , cause everyone is doing it. Thanks. Dr. Zhivodka

Jeeze Loiuse, relax mate. I never said it was the gospel from St. John I just pointed it out so that maybe someone would find it useful.

Speaking of books on Market Microstructure (pretentious academic term), one of my former professors from back in the day just wrote a book on this subject. I haven't read it but some here might find it interesting. Regards, Dr. Zhivodka...

Yeah, but it takes real guts to stand in there strong and be a Hog. :) Dr. Zhivodka

Had I meant desk fees, I would have said desk fees. But since you mentioned it, here's another story: We walked in one day and the "home office in Vegas" had cut off of all Nasdaq and AMEX quotes for everyone in the office. No memo, No warning, No heads up. No matter if you had a...

Ok whizz, I welcome healthy debate but you're really going to have to brush up on your reading comprehension. Point out to me where I mentioned "desk fees." You won't find it. Hell newbie, even when was there they rebated the desk fee even for the most pedestrian of volume...

Ok Don fine. But when YOU characterize MY posts as "stupid remarks" and then make some asinine comment about my handle, then you should expect someone like me hitting you in the face with a dose of reality. Namely, that you were a chump-on-wheels when I saw you. I am a new participant...

I see that someone wasn't paying attention in school. :) The answer to your question above is it depends on the degree of autocorrelation of the tradable. Take Bonds or Currencies for example. They tend to exhibit to high degree of non-randomness (high autocorrelation). Therefore in...