Search results

  1. R

    Anaheim Trading Expo Aug 8-12

    ECHO has a booth and I'm one of the 2 guys running it. Count me in for a meeting or anything. (this time I won't be so hungover like New York though) Allen glad to see you posting again. Stop by and say hello Robert
  2. R

    What kind of Training did everyone do when they Started Day Trading

    It's rather easy. If you take a course they teach you the technique in 5 minutes, but spend the next 3 days proving to you how well you are remembering the info. It just involves getting into a very relaxed state. State a purpose that you want to get out of the book. You than...
  3. R

    What kind of Training did everyone do when they Started Day Trading

    OK Part 3 Sorry it took so long to reply and add the next parts but posts of this length take time. OK So I've been in the pit and got a feel for futures. I had a stock account and a futures account. Since I now had some futures experience I started to trade my own account. My...
  4. R

    What kind of Training did everyone do when they Started Day Trading

    On IITM well because of who I'm related to my costs are a lot less than other traders. Everything I attended at IITM was done over a few year timespan. Ok on to Part 3
  5. R

    Don's openings Part 3

    today was a gross and net loser. Hate these days but they happen. What threw me off today was the S&P's had gapped down about 5 or 6 points. Within the first minute the S&P's went up 6 points to completely fill in the gap. This means my longs should be pulled higher but I won't want the...
  6. R

    Cable VS DSL

    sounds impressive.
  7. R

    Don's openings Part 3

    I missed WYE this morning damn!!. It never looked back this morning. The guys I've been training all caught it but I had the macro on my program make a mistake and enter an order to buy around 9 and instead of 38.90. I was tweaking my automation software recently and that cost me .50...
  8. R

    Remote ECHO Traders

    Thanks Didn't know conversion rate and now I know :) Maybe the NYSE raised rates since I last checked and firm is losing some money on lower volume trader somewhat more than I figured. Robert
  9. R

    "Bright Trading"

    I used to be in the CBOT 30- Yr Bond Options Pit and we took on conversions all the time and not just on expiration. Collecting interest for a month is great for no risk. Robert
  10. R

    "Bright Trading"

    This isn't a tee shirt with just a headshot of you and/or Bob is it? That could be scary to small children. :D
  11. R

    The recognition of the Wall St. Journal

    Hey did anyone else notice about this so called book Bill keeps talk about that the authors are also major contributors to Forbes? Were they the same ones who wrote the article in Forbes that you keep talking about Vinny? Is it possible that the book writers have some kickbacks...
  12. R

    Remote ECHO Traders

    The $200 remote pays include professional data feeds for quotes. As professionals though we do have a yearly fee to the exchange as members. The benefits of being professional vs retail have been heavily discussed on the boards and I think I covered it rather well in this article...
  13. R

    Remote ECHO Traders

    I need to know the exchange rate of Euro's. I'm quoting US dollars and last time I figured it out it came to $183 Robert
  14. R

    Remote ECHO Traders

    Desk fee's were originally started to handle the problem of having a trader in the office who trades 200 shares a day and ends up paying $42 a month to the office while at the same time a trader who does 100,000 shares a day ends up paying a lot more. The desk fee equals the playing...
  15. R

    Remote ECHO Traders

    The $200 per month is rebated back with volume. 100,000 shares gets the fee down to 100 bucks and it's down to nothing with 200,000 shares. Considering that professional exchange data fee's come to $183 it tells you how much the firm is profiting when you add back office, T-3's and so...
  16. R

    what the f@!# is wrong with my trading?!

    I f%#@ing suck is pretty emotional. I need a lot more info to give any type of feedback Robert
  17. R

    S&P futures, fair value, & program trading

    Ok Eric P gets a gold star. He has it right. Robert
  18. R

    Retail Alternatives to Bullets.

    Ok I'll chime in Bullets are fully electronic and done by bullet firms. They usually sell stock out of their own inventory. That deep in the money put option we are talking about is very special. It has a 1 day time premium and expires at the end of the day. There is no slippage as...
  19. R

    "Bright Trading"

    One thing I love is each day is a new day. Everything is all fresh, if I held my losing trades overnight than I'd start the day out with a red P&L in front of me and trade not nearly as well as I do Robert Tharp
Back
Top