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I sure hope you're fucking right, because my office already did me the favor of making sure I can't trade today by locking the door and having all three risk managers decide not to show up. By the time I got back home from the commute it was 11:20 and I had already missed all the moves. I...

It's not really inferior, since you can have a positive expectancy without that advanced knowledge, with one bonus: no jail risk! No profit-seizure risk! Financial risk on a proven trading method is way superior to the risk of trading on insider info.

If I see a high probability setup on the tape, it doesn't mean I have advanced knowledge of what an institution is doing - I just know that taking that trade has, over time, a positive expectancy. You can have an edge, not know in advance what institutions are doing, and it won't be a...

I doubt this is the reason that most people don't post real-time calls, though undoubtedly it applies to some, but my trades are extremely short term and reactionary... I would always be posting AFTER a trade ran 10-20 cents in my favor, since that's usually immediately after my entry, being a...

Don't waste money on a tutor. Brokers are not the brightest bunch of people you will ever meet, and most of them did not pay for tutoring, yet they all managed to pass their 7.

My firm gives me all that + two free mulligans per day.

It's good you do but a lot of market participants don't seem to know how to do that, at least on NY. Free $$$.

When I route to NY through anything other than DOTD, the liquidity outside of the NBBO provided by black boxes sitting right by the ecns is able to cancel before getting filled IF they don't want to give me the fill. With DDOT i can swipe it and get the fill every time on depth of book PSE...

So you're saying that DOTD is effectively the same as SDOT if you're sending an order to New York? That there exists no difference in the properties of how DOTD fills orders vs. any other pipeline to NY, outside of perhaps latency? Sterling, Laser, and Anvil both have DOTD keys as...

Goes to NYSE first, NSDQ second, Arca third. ACtually, first it goes to NBBO, then NYSE, then NSDQ and Arca.

I'm not being contentious and mean only the best when I say this, but: there is no way that strategy will achieve consistent returns, if any positive returns at all.

Depends on the stock. All things considered I see more out of the money whacky ISLD prints from blackboxes panicking with DOTM and DOTD so in many situations your % of getting filled in a sweep is higher on ISLD.

Daytrader should feel no guilt. If the people in the market are scumbags, taking their money away from them is commendable. Flipping paper back and forth intraday has nothing to do with the underlying companies.

eSignal is horrible... at least with stocks, numerous times I've compared their data with the data from trading platforms (lightspeed, anvil, laser) and there is a noticeable lag on the time and sales with esignal.

Best place to post if you want to get filled is NYSE, second best place/slightly better place if you demand a rebate is ISLD since a lot of the smart swipes and RASH orders hit NSDQ first.

I don't understand why doctors are so well respected. Many doctors are some of the biggest scumbags you will ever meet. The amount of doctors out there who would rather keep you on expensive medicine and treatment vs. actually fixing the problem is obscene. There are honest doctors, but the...

You say you're looking for more futures contracts to trade, and you're looking at SSFs, which implies that trading the raw underlying equities is unacceptable to you. The only reason that makes sense off the top of my head for trading futures instead of equities seems to be taxes, and I recall...

i don't think he disclosed it... I believe it was stolen... which is the problem with Swift trade, your strategies if youre making money can be seen by others and used.

A lot of the time I trade based on discretionarily trying to interpret the order flow and because of my experiencing and good risk management, it works, definitely no silver bullet, and I find it analogous to the way you claim to use common sense and critical thinking. However, sometimes -...

Sit in WBD with 93 shares on the bid and offer and see how long you can play that game before you get a phone call warning you that your trading privileges will be revoked if you continue your shenanigans.