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I think it matters what mkt/stocks you trade. If you trade SPYS its not a huge deal. But if you are trading AAPL,GOOG,GS then yes....it can be an issue. Thats why traders who know what they are doing don't trade huge size in the high flyers, and load up where there is liquidity. But...

Yeah. The brokers on The Simex would fill me a few ticks above the high of that time period, then say "the floor will insert a print in time and sales later". Was robbery. But...you dealt with it.

The pit slippage was MUCH worse. I traded the Nikkei futures back in the early 90's for a hedge fund. Was only pit trading back then. Holy crap did the floor guys over there screw with prices. These guys would fill you at prices that didn't even show up on time and sales. If you bought into a...

Again...you need adapt and quit whining. Obviously if you are buying into a run-up you are gonna have slippage. That was the case for guys who traded 20 yrs ago. Instead of blaming everyone else for your failure try and figure it out. If not continue to lose money and whine about it.

Yeah...before electronic trading we had to deal with orders going to the pit. The Sp,Bonds, and bigger markets were fine with minimal slippage. But like you said....try sending a big order down to the OJ or Coffee pit. Coffee was hilarious. If you complained the guy on the other end of the...

People are always bitching about something, especially when they are not making money trading. I am not a HFT, but have just adapted to deal with them. That's the problem with most losing traders....they whine and whine about everything else without doing any work on their end. I guess the...

Nah...those guys aren't traders. Real traders spend all day on this site and have over 12k posts. A guy like you would kill for a HFT trading gig with a fund.

True...probably won't be exactly the same. But there will be other opportunities elsewhere. There always are. C will probably get their wish in May when institutional money comes in to get short a ton of stock.

You do make good points...float is obviously huge. Right now S or ALU aren't even close to it. But once C splits it is possible that all these guys go elsewhere. They aren't gonna just stop trading. If you get enough traders involved they can turn another low priced stock into a C type trade. I...

You could be right. But right now, it seems to me that all of the volume in C is HFT/Rebate guys going back and forth. There is no institutional money trading it....probably not a lot of prop guys messing with it due to lack of volatility. So it's possible that these HFT guys will all go over to...

Just curious...if the bid/offer size explodes how will the volume not be there? If anything the fills in these stocks will be much better.

The HFT/Rebate guys will move into another stock. Maybe ALU,S,SIRI.....something of that sort. That volume will go somewhere. Right now these stocks don't have the volume or liquidity, but right around the time of C splitting you will see the volume in one of the above stocks skyrocket...

Yeah...I am sure a lot of people want to see the death of the rebate/HFT guys. But they aint goin anywhere. Like you said they will just find a new symbol. All they need is a low priced stock like ALU,S,SIRI. I would imagine they will start moving over to one of those beginning of May.

The rebate game has been goin away for a long time. The rebate routes hit last (FLOW,BATS), so those guys are either taking the stock down a penny after getting hit and trading out of it, or if lucky enough, hitting one of the last bids in the book (and probably paying a decent amount to do so)...

Right now they don't. But if those HFT/Rebate guys all shift there, the stocks will do plenty of volume. It's not gonna happen over night. But they could definitely take their game to a new stock. The volume on The NYSE is gonna take a huge hit if these guys don't head over to a new stock. I...

The C traders will just move on to another stock to trade. ALU, S, SIRI.....they will choose one of them and move on. This really won't change what they do, will just have to do it with a new stock. But they absolutely won't be able to trade C after May 6th. At that point you will see a huge...

So basically the guys they hire (which seems like anyone who will fork over 10k to them), get to spend 5 yrs training/trading....then finally get to trade some real size. I think they need to be much more specific on the size of their book after 2 yrs....then after 5 yrs. I highly doubt that...

Those who talk...........................are full of shit. He failed as a trader.....and wants EVERY other trader to fail as well. Painfully obvious.

He has about as much chance of being some hotshot in The PE world as The Cavs do winning the NBA title this year.