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  1. L

    Comission and Bullet Rates

    Amen to that brother! I'm getting real tired real fast of the excuses for these Sterling quote problems. Guess what though? Pretty soon we're going to have this neat thing called OpenBook! I guess it's newfangled and all since hyperfeed still can't provide it, but the latest update to...
  2. L

    How dangerous is Windex?

    What do you mean? Haven't you seen "My Big Fat Greek Wedding"? The old man sprays windex on every ailment.
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    Quiet in trading room

    I'm basing my guess (just a guess) of what will happen purely on human nature and people's emotions. As any real trader knows, that's what gives us the movement in the markets. When things get bad, people at first are caught off guard and shocked. Then they get angry, feeling that they've...
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    Andover Takeover

    I sat next to and traded with Robert for a couple months last year and he is very calm under pressure. Never saw him snap or barely even raise his voice when a trade went bad. I've also seen his generosity with new traders. You are reading him wrong here.
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    Single stock future, question

    I ran into this problem when I wanted to arb stocks and ssf's at my current firm. SSF's are supposed to be able to be held in a stock account, but so far I'm not aware of anyone that allows it. So if you lock in a spread between a stock and a futures contract, you have to liquidate the...
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    Quiet in trading room

    TripleD, I think you got it right in your final paragraph. Here's my take on things: There is too much hope in the system, too many people holding on to big losses, still believing in buy and hold, still listening to their trusted advisers that the market always makes you a winner if you are...
  7. L

    Spread cheart

    I use first alert and qcharts, and they can both plot spreads as bar or candlestick charts.
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    How much $ you trading with?

    Why? Do you think it's not possible to trade for a living with under $100k? There is huge leverage available to lots of traders on this board. Plus many prop guys don't put up any money, so they are really trading with zero money of their own.
  9. L

    Immortality?!

    I consider myself a christian, but I don't like to use the term because the original meaning of what a christian was and believed has been so distorted over the centuries that it bears little resemblance to what the scriptures actually teach and what Christians of the first century, who learned...
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    Withdrawing $ from Echotrade: How does it work?

    You can send an email and request a wire transfer to your bank account or a check by mail. Usually process the same day. $20 wire service fee, checks by mail no charge. No limits I'm aware of.
  11. L

    Linda Bradford Raschke

    According to this, a specialist isn't a trader.
  12. L

    Makin $$$$ in 2003

    $150k net, which is based on how things went throughout 2002 and how my trading has progressed. I've got at least half a dozen new ideas I want to work on, plus start trading commodity futures. If some of these ideas hit, then who knows.
  13. L

    Base Capital

    I was selling the house anyway and moving to a city with lower living expenses so I could trade with lower overhead. I only owned it a year and did well on it, and it wasn't money I was depending on. Plus I had over a year's living expenses put away on top of that. Plus education and...
  14. L

    Base Capital

    sold my house
  15. L

    Southern Ontario/Toronto area Futures traders

    Just like you easterners to ignore the west! I'm a prairie boy (Sakatoon) living the dream and trading full time. Took the Series 7 test last year to work with a professional American firm. A few things pertinent to trading, but if you're a canuck, the tax issues and retirement accounts...
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    Immortality?!

    Not completely. Ezekial 18:4- the soul that sinneth, it shall die. Ecclesiastes 9:5- For the living know that they shall die: but the dead know not any thing Ecclesiastes 9:10- Whatsoever thy hand findeth to do, do it with thy might; for there is no work, nor device, nor knowledge, nor...
  17. L

    Shorting NYSE Postmarket

    I thought that outside of regular trading hours, the uptick rule doesn't apply, thus no need for bullets.
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    PhD without the guts

    Trading success has more to do with your psychological makeup than your IQ. The market has kicked the ass of some of the brightest minds on the planet. Yet the high school dropout can make a million dollars at it if he's got the right mindset.
  19. L

    What stocks to trade ?

    I trade listed stocks and am pretty familiar with 3-10 stocks in about 6 or 7 sectors. The leaders aren't the same each day. I'd look to the sectors that have news or are moving with volume, indicating institutional money flow. But there are so many ways to trade, you have to find something...
  20. L

    How much does a specialist make??

    This was from a couple years ago, but I heard that a 'good' specialist could make $100k a month in specialist handling fees alone. This is when they charge you an extra penny a share for orders in the market 5 minutes or more.
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