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    Painting the tape

    well that's not tape painting, that's just orderbook faking... but yah, they come back, it's a game of BP. It also depends who hits them. If SAC hits GS they may well just panic and say fuck it. But if you hit them they always fuck you. You can't win. When there's huge fake size on both...
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    Painting the tape

    You can definitely tell some people have a license to paint the tape... on dead days those institutions get really creative, hell, they even do it to get orders filled. ever see a huge bid come in, and then have all these refreshing sellers come in in front of it, and refresh for huge amounts...
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    ETers Trading from local city library....LOL

    Having a LII, or some charts, burned into a screen might be required to make it. Having Elite burned into a screen might be a sign of potential permanent piker status.
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    The Hybrid?

    Gotta love the hybrid. A lot of money can be taken which previously only the specialist had access to.
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    How do I get out of the funk

    You sound like me. That sounds like the kind of shit I pull. Yes, I'm like you, 95% of the time patient (more like 98% with me), but that 2% can just fucking ruin the work of the other 98%. I just can't trade on a platform without a hard cut off. Find a broker who has that. There is no way...
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    How do I get out of the funk

    1st advice... get a hard cut off... with a hard market out cut off... for me it's $400 gross, and if I'm down $800 gross with open p/l it just markets me out... so that no matter how out of it I am, I won't lose more than $500, unless I'm so out of it that I'm holding onto huge losers hoping, in...
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    What would you give up for say, 5MM BP?

    I'd pay a slightly higher commission rate, which is fair, since you're using more money. I wouldn't give up any of my P/L. I wouldn't pay more than an extra .0005, either.
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    Time to get more fascist...

    This site is too polluted with masochists, like TuderJones, Day7793, etc. After a while they go from humerous to annoying. I think if 25 different registered members, with a combined registeration time of 25 years (i.e. 1 year/member) and an average of 1 post day, all complain about one...
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    Prop firm w/ no capital contributions

    Not at 10%, with Title paying 50%.
  10. N

    a Quick Question..

    Other people's money.
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    Scalping scalping scalping...

    Apparently entering live limit orders with a willingness to cancel based on changes in price is illegal. also man I'm really not. I'm not shit. I'm some punk ass kid who lives with his parents who has no formal education who has put all his eggs into one basket (daytrading/scalping)...
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    Shorting is extremely risky in this market- losses, losses, losses

    in his paper trading account he is
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    Shorting is extremely risky in this market- losses, losses, losses

    Shorting is not any riskier than going long. Seeing how the long term trend is now down, I would argue that going long is slightly more dangerous. However, whatever perceived danger exists on either side of the market is far, far less dangerous than having a bias. Having a bias, in...
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    Scalping scalping scalping...

    I don't see how it's manipulation if I put in an order with intent to get filled... when I get filled that gives me information which can be worth paying for. I never place an order I don't intend to get filled so I sleep very well at night. Kitty, you say that just reading the market maker...
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    question about spread and pairs trading

    Per unit of BP, there is less risk. However, just because you are long or short a spread doesn't mean you don't have directional risk. You have risk of the spread diverging, or converging, and a spread can diverge or converge as much as an individual security can go up or down. It's riskier...
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    High Probablity Trades

    Playing off a stepping up ECN reserve bid with a sizeable bid (say 6k shares, that is shown) which is a legitamite order and I know I'll be able to swipe when/if the reserve ecn order breaks. That sizeable bid should be within a few cents of the ecn reserve to maintain ideal risk reward. Even...
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    is this commision structure fair?

    It's either a great deal or a horrible deal. You wrote $.55c. So, you either mean 55/100 of a penny ($.55C), or 55/100th of a dollar (55 cents, or $.55). 55 cents per 100 shares is just a horrible deal. You can get 50 cents per 100 shares with SEC, ECN, and other fees INCLUDED just...
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    Scalping scalping scalping...

    I'm sure it's probably doable, I just know nothing about how to do that. A market is a market, and I seem to be able to trade mostly any stock I spend enough time watching, but I've watched the futures trade and I can honestly say I have no idea how to trade them. I trade really fast stocks...
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    Scalping scalping scalping...

    Gotta love having a single key to cancel all bids and hit everything in the book down 25 cents. It's the only way I know of to take revenge on those robots that penny all my limit orders. Thanks for talking about real trading.
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