Search results

I make a lot of money from scalping UBSS orderflow. Maybe the retarded dumb money I make is from UBS customer orders that are tagged UBSS vs. the actual MMs, given that there is no way to differentiate I have no idea, but I like the MMs. More liquidity.

you scum assent shill, that's not true. Actually, Genesis was SO NICE that even though the guys at their head office had no idea who the hell I was while I was bothering them when they were trying to trade at 9:40 when I walked in, they still let me sit down at a terminal and trade when I...

lol it's so simple yet you can't do it so you have to go make this whole internet abuse-seeking facade to try to convince yourself you're something more than a douchebag who blew his account one too many times. LOL.

I started this business with 2k down. I did lose that but I showed potential and my firm backed me. I only lost high commissions anyway. Any decent churn shop with training will take a good candidate with a few k. No way I'd be where I am now (which is being able to grind out an OKAY...

If my stop is behind a pivot, why do I want to get out of any stock before that pivot has been broken? After the pivot is broken, why do I want to hold any stock? Are your entries highly imprecise?

Just my two cents, based on the way I trade. Scaling out of a loser I would never do because when I'm entering I have a defined level which I believe will not break. The setup is based on that level, that number, not getting printed for more than a certain amount of shares, or not breaking...

You are supposed to be given NBBO, correct. However, if you have this situation: NYSE OFFERS: 50.30 x 200 50.32 x 400 50.35 x 600 50.40 x 300 ISLD FOFERS: 50.30 x 500 50.33 x 100 50.37 x 800 If you send a 1400 share Island market buy order, or even a limit buy crossed 10 cents...

I don't have TAS in front of me, but you have to check where your order was sent and when the stock opened. I THINK LDK opened early today, however a trade through is possible if prints went off on one ecn and not the one you sent your order to. NO broker can guarantee that you get a fill even...

I believe BOOK is the new BTRD, or Bloomberg ECN.

Don, you say 50% of your traders have been with you for at least 5 years. What percentage of your overall traders have taken out over $125,000 net in that time frame (i.e. $25k/year)?

Swift Trade?

It is possible that whenever someone closes an account, or blows out he keeps it open with a balance of 10 cents... thus half the accounts could well be more than 5 years old. Very few last 5 years in this business under the absolute best of training conditions, trading platform, and...

While I don't have experience running a live ATS, I do have a lot of experience trading on very short timeframes, and I have a decent understanding of how markets work. When you want OUT of your position, if you are chasing with a limit that's not getting filled, you are throwing money in the...

nothing like the taste of the rockies... in a fresh brewed Coors Lightâ„¢. ------------- Liquor=Sambuca. Beer=Blue Moon.

I realize those are valid strategies which require more than 500k BP, and it is not unreasonable for Don to promote them since they are the core of his firm. My issue is with Don trying to imply to new people coming into this business "my shop is the only acceptable shop," which is what he is...

WTF ARE YOU TALKING ABOUT? Most of the pros I know who make "a good living" trade with less a million BP. How can you even seriously keep a straight face polluting noobs with that fraudulent misinformation? 300,000 BP is enough to make a good six figure living with. If you have 6k shares...

how can you daytrade forex when all the brokers scam you on your fills and gun for your stops?/ Can't see orderflow, T&S, DOM, hell can't even see volume... what edge can a forex daytrader possibly have vs. the bookie bucketshops who are viewing the real market?

Maybe use market orders to exit positions - especially losers - and limit orders crossed a tick above the current inside offer to buy, crossed a tick below the inside bid to sell, when entering a position.

I can't say which firm it was, publicly or via PM, but I am pissed as hell. However, up until this point I have had absolutely no issues with them, they have been very accommodating of all my needs, my fills and connection are so good that when a price level breaks in a stock I can sweep the...

Genesis/Assent Best two platforms out there and they have low competitive rates. Check them both out and do your own DD.