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So did anyone hit DIS today? That is exempt, so where are the stories of free money? Only real edge Im noticing is that you can bypass the specialist with NX and have precision in your price.

You sound like you have no idea and just started. If you are having the time of your life with small lots grinding out to make a small living, congrats. Regardless, fellow traders in real life around me are saying how crappy it is and I don't even expect them to say it. I really doubt you...

Nah just take that one day you made 5k or more and do a little editing. Pretty easy to do. Better yet, grab a screen shot of the "hedge fund"'s big day, that should impress a lot. BTW, Diamond, do you swing & hold overnights? Seems like you hold positions and do not scalp much. I don't...

Ok one day you might stop assuming, mr. fortune teller. I trade a lot more than 2 stocks, try 10-20 on average. I have personal favorites and started trading CAI again since he is kinda back in play. (NOTE: If you are new, PLEASE do not touch CAI he will rip you apart, take this as a warning)...

So you're a retrospect trader. Please explain how you gather the profits? Time machine? No really, I would LOVE to know since it does seem so easy in hindsight how you can always get in at the perfect tops & bottoms. maxpi said at 845pm: "I'm looking at the 5min chart of CAI for today...

Depends if you can buy up the debt & equity of defunct retailers for a fraction of the real estate value. But then if anyone can explain how it was pulled off in the first place, I'm all ears. I would love to borrow money from those creditors, buy up real estate and then declare BK on them...

Hey wiseass, A) I did not trade today B) Everything looks soooo easy after the fact but chances are you would have gotten your a$$ handed to you by CAI. C) After you trade CAI profitably on a day like yersterday, I will actually listen to your "advice". Otherwise, why don't trade it...

Funny. When you find a pizza shop at 9W 57th Street in New York City, let me know cause we're sick of calling your dad to deliver our food. You're the one with the crappy ungrateful attitude so get a life. As for failing, my bank account and side investments say otherwise but then maybe I...

Not just that, but the whole management fee, it's free money. They can just invest in the market and if the indices do well, they claim skill & brains and if the indices do bad, they blame the market. Then there is the window dressing and the pumping, just one big mess. Either way, they get...

What you fail to realize, pops, is that I am getting PAID right now while you are sitting at home playing with your tiny self and desperately researching how you can fight for pennies and how you can lower your commissions even more. Oh and by the way, I actually never said you could not make...

What's funny to me is that how many ET members think that this is a rare case. Mutual funds been running this scam for decades.

If he is routing the orders via ECNs and NX, then yes I agree with you. But if he sends markets or puts up limits, then you deal with the specialist who is trying to make money of any order that he can. It's common sense, you are sending your orders to be handled by a licensed thief so expect...

Specialist interference.

Dude why don't get a real perspective on what is going on. You have mentioned that you have been trading for 5 years. Well buddy boy, you and I are nowhere near our starts, I did not get a chance to properly trade when trading was easy. I started 2 years ago, I caught the last 3 months of any...

Dying companies trying to artificially stay alive by mergers and acquisitions. And who says this economy is fine? Trading industry needs dumb money to keep going and dumb money is nowhere to be found. Pro traders cant keep these companies alive, they need someone to take money from.

Here is some real advice. The equity markets are dead and the futures markets are brutal. You are better off doing your day job and playing around on the side rather than jumping in head on. Look outside US equity markets if you want to be actively involved. At the moment the fixed income...

Well Im not gonna offer any opinions but I will say this. Just today spoke with an acquaintance that is at Schonfeld and he told me how he was hurried into the office recently and was told to size up from 5k baskets to 10k baskets. The basket is 11 stocks, in their case it's drillers and...

LOL yeah ok. You would not be doing credit trading if you had any skills in momentum so stop fooling yourself. Credit trading is rough tiring work, noone would be doing it unless they simply could not handle the risk and challenge of momentum trading or even simple scalping. In reality...

Do you stare at yourself in the mirror for hours and praising what a super trader you are? No really, cause you have to mention in your every single post how great you are doing and how you have been doing great forever and ever and ever. Ok, the point is understood, you are SUPER DUPER so...

LOL of course they have made money, the NYSE was essentially founded by a bunch of con artists as one big scam. The whole game was rigged from the start and still is rigged. Yes, the floor has always been day trading but as of now, looking at the NYSE as guidance toward the future of day...