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I take it you have first hand experience with them that convinces you of that they can't make it work technically? Or do you infer it from the fact that they have posted competitive rates and done a bit to promote those new rates? I expect firms that feel they have a competitive edge to...

Dale ... At one time your X-Trader rates (they were obviously higher then) only allowed one exchange that was picked in advance. Could you spell out the current limitations, if any, on each platform. As an example I might not choose X-trader if I needed to specify a single exchange -- say...

Velocity obviously has posted some very competitive "all in" rates. My question is what platform to use. I have used X and it is as reliable as the Sun rising in the East. And it is said (I don't actually know) that TT data is both fast and accurate -- the equal of any data out there...

I use X-Trader and it is totally reliable. My deal is an "all in" one @$4.50 for ES, NQ etc. so the platform has no monthly charge. I use Sierra Charts as well as I don't think the charts on X make sense for an intraday trader. Many have said X is now outdated ... they might be right...

They are a FUTURES firm. No stocks, bond or ETF's. Some people like to focus on what they know. In my mind that is smart.

Annuities are not bought they are sold. There is an insurance or other salesman sitting across from them who has spent the time to build a relationship (or what people are fool enough to believe is a relationship) and he hands them a pen. That adds 50 or 60K in value to the the transaction...

This "proposed" tax has about as much reality to it as Santa Claus. This is a bright shinny object that will be nothing but a distraction for now (and later is REALLY later) that no serious follower of legislation can possibly believe would get 30 votes in the Senate in almost any form. THE...

I am also not an attorney but the concept seems pretty straightforward to me. If you milk their cow it does not matter if you drink the milk or sell it. The question being litigated is whether they own the cow and hence the milk. My bet is they have branded a cow they don't own.

Not an unreasonable definition. But I think 6 ticks or less is probably better in ES. Given that a scalper's objective is to cash out before much of a trade back lots of guys will think two points a bit rich.

Much of what has been written in this thread - and others - is simply not factual. The worst part is that a great deal of misinformation is being thrown into the hopper by smart, experienced traders; guys who should know better. ----------------------- Scalping is not...

If you don't need the liquidity don't sell. And if you do, price it to move ... around $70,000 (might have to go as low as $65,000) should entice a private buyer but a pro will bid $50,000 at most. It is always tempting to think some guy will simply pay more out of ignorance but that is more...

WOW! If I live to be a thousand, NoDoji, I might not find a better mantra. I think a lot of the psycho babble that passes for a way to control your emotions is crap. The beauty of this concept is that it is not about controlling anything but your actions. If I do this one right ... day...

The present value is, of course, totally dependent on the inputs used to calculate the figure. Don't get hung up on that calculation because the buyer -- the guy who ACTUALLY writes the check -- will insist on a bigger haircut than seems fair to the seller. Yet it seems very fair to the buyer...

You got me there. I concede Quote from Swan Noir: Monty, I am not telling you what you should believe I am simply stating how I view a forum such as ET. ----------- Here it sounds like you view ET in a negative light. There are others before...

Lloyds is an exchange (think NYSE) with syndicates that make up its membership (think member firms). Thirty years ago every partner (in their lingo -- "a name") in a syndicate was personally liable for any claims. The expression was "right down to the last cuff link" and, given the severity of...

I have never bashed ET. Would you like to quote what you consider my ET bash?

Suppose the third leg of the stool was the fact that 80% of his trades resulted in profit and that another 8% were either smaller than 6 tick loses (say 5%) because he moved the stop closer when he had a few ticks in the trade or scratch trades (maybe 3%) because he moved the stop to "break...

I assume I am the "French moron" that you reference. To set the record straight I am a New York moron. In order to make full disclosure, I admit I have visited Paris a few times and had quite a good time on each trip.

What is it about ES that produces a better percentage?

Clearly David was describing the win percentage a scalper would need. And, since many/most one-lot traders would be quick to lock in even a small profit, it makes sense to comment as he did. I have not been the most polite poster on ET as I have been quick to defend any statement or concept...