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Yes, I trade at Tuco Trading. I also have an automated system I run on IB because I was able to get it coded for that api. All my trading at Tuco is done manually or with baskets, though I have plans to get some systems automated through the Hydratrade api. I am a remote trader manager at...

HydraTrade. Best platform for scalping stocks, imo. I've been on it for almost two years, it rocks. Hotkey based, rock solid stability, customizable, lots of routing options.

-$12,931 net on 258,000 shares. One of those days where everything goes to hell at the same time. AND I picked today to increase size.

I've traded on a lot of platforms and I also think Hydra is the best I've used. The basket feature is amazing. I keep a running list of suggested improvements that I forward to Spartan once in a while, so if you have any ideas, pm them to me and I'll add them to the list. I got to meet...

Buying power is just a number, not a portfolio. I have an insanely high bp number because I need to float hundreds and hundreds of orders simultaneously. % return on my buying power would be a meaninless figure. I do however take all the risk and every penny lost is right off my account...

$8191 net on 147,000 shrs

-$5207 net on 152,000 shares. Considering I was down $10k almost right out of the gate, I guess I can't complain too much. Then again, I did get back to break even by mid-day.

Not caring about money.

I got an email from IB today saying every account requires a ITIN (taxpayer ID# for those not eligible for a SSN) or else my account would be subject to 28% tax withholding. The thing is my account is through IB Canada and I have no requirement to report my IB activity to the IRS. Is this...

$4214 net on 287,000 shrs

-$4055 on 153k shrs

You last traded in 2002, is that right?

$1444 net on 213,200 shrs. Was a dud of a day except for 30 seconds of activity in NITE right after the open.

Do you think these things don't go on among prop traders? This is sort of the point Don and I have been making, the most profitable prop traders are not flipping a thousand shares at a time based on squiggly lines on a screen. They are operating as one man hedge funds, sometimes with their own...

Do you have capital to put up? If it's a reasonable sum (~$25k), $1-2M intraday buying power is fairly common. To hold that overnight you'd need a lot more cash and have to be doing some kind of arb, long/short strategy. The topic has been discussed to death here so you'd find a lot to...

If you can daytrade $30M into $6M, it should be even easier to daytrade $3M into 600,000. But if someone will give you a $30M line with a salary and no risk to you, it might be a good gig.

Don and Longhorns are right on the money. I put $2-5M of the firm's money into play on an average day, divided up into multiple strategies over multiple time frames. If you work out the ROI on capital deployed, it's probably only about 10 or 12%, with very small drawdowns due to the relatively...

So you lost 15% of a 5% portion of your total portfolio and you're whining like a baby? Yeah, we all feel so sorry for you. I'm sure your senator cares a lot too.

According to what rule? Did you sign a contract saying you can't sell? The question every trader/investor should ask themselves is, where's the best place for my money NOW. Holding on just to avoid taking a loss is a losing trader's mentality. You lost money, get over it. If it's that...

$250 net on 260,000 shares