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    Shorting on the NYSE

    nope market orders will be filled first Robert
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    EchoTrade traders

    The demo mode is real time data. It will fill a marker order to buy on the ask and a market order to sell on the bid (which isn't always realistic on the NYSE). Limit orders get filled but they have to sit in awhile. SImulator doesn't recognize that you may have placed your order...
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    can IB go bankrupt?

    IB has very little danger of going bankrupt. Timberhill their clearing firm is one of the top 10 market makers on the floor. They are also SIPC insured Robert Tharp
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    Shorting on the NYSE

    Don There have been quite a few different discussions on this. When I am trading momentum I will use market orders when I can measure that the momentum will last for greater than 5 minutes. That type of momentum limit orders won't be filled on the NYSE. On NASDAQ you would actually...
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    Bullets & Conversions

    Stock777. Professional traders are required to pay more in exchange fee's. There is a yearly membership fee now to the exchange of $350. A seat to be on the floor trading cost over a million. It is estimated that there are only 20,000 (this is probably at the high side) professional...
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    Shorting on the NYSE

    Greg if you entered that on the opening. Than call your clearing firm. You will have to go through time and sales to find the first few upticks. Persist and persist to get the trade done earlier at a better price. This isn't the norm. I am a NYSE trader. 95% of my trades on it...
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    EchoTrade traders

    There is a demo mode available Robert Tharp
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    Bullets & Conversions

    There shouldn't be a debate. A bullet is an almost delta neutral position. That means if the stock goes up or down it makes no difference to the bullets. I don't lose make/money when I have a bullet by the movement. I make money though when a stock gets a lot of selling pressure and...
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    Day Trading Systems

    I'd beg to differ on this part. Not that the above argument is that important but I'd like to express my opinion. If a trader had a magic system and constantly took money, would you be a specialist or market maker on the floor that would constantly gave away your money all day long...
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    Day Trading Systems

    Don please don't post the same thing on 2 different threads. The majority of members will read it. I agree and disagree with you. There is no magic trading system yes. But there are systems that work. The key is to recognize when they don't work. Breakout systems are great during a...
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    ECHOTRADE

    Hey guys lets keep this on subject. Want to talk about Bright than find a Bright thread or start another one. Buttermilk sorry Didn't see your post. Yes ---Echo's management is getting swamped. That's one of the reasons I was made Co-manager for this office so that I can...
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    Who earns the most?

    Paul Tudor Jones has an annual salary from his hedge fund of $100 million Rtharp
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    The bad parts of Pro Trading firms

    I've said it before and will say it again. Notice guys who are arguing about pro firms have never traded with one, but professional traders say they will never trade retail again. They both can be done successfully. Robert Tharp
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    Trendline question

    On using the high's and lows they are easily manipulated with size. I've sold the low numberous times when trying to get out of a freefall and buying the high has had my account # on the times and sales for the high prints. rtharp
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    Public Posting Of My Paper Trades

    position size of your trade? It is rather important. A trader who has experience will not take trades based on a black box. They would have to know the system inside and out before listening to a service. rtharp
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    realtick broker with flat fee

    Try this link http://daytradingstocks.com/daytradingbrokerssoftware.html look at the brokers listed who offer Realtick. rtharp
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    Some "Bright" strategies...

    Just had to clarify this point as you must not have researched this point very hard, ECHO is so popular because they use all T1's, and yes they DO use point-to-point T1's and redundant. The office I am in, so you know, has 2 redundant Point-to-Point T1's, and an additional internet T1 as a...
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    Some "Bright" strategies...

    OK now I have to reply to you DON BRIGHT I take offense by your post I have stayed away from all of the drama that you started earlier. This board knows me well as I post here quite frequently. In fact look at this thread I started for you...
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    Tape reading

    Eldredge I missed part of your post. I am rereading this thread, reading a few books on tape reading, researching the internet, and have hooked up with another trader at my firm who is great at reading the tape. We are going to write a newsletter about Tape Reading for my father's...
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    Don Bright's trading strategies

    just for others Don didn't see this thread and started his own. Please go to this link http://www.elitetrader.com/vb/showthread.php?s=&threadid=2822 rtharp
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