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  1. R

    New Nasdaq Fees (Echo vs. Bright)

    I've been using ISLD and Redi with Bright for the QQQ and the SPY for quite a while, and have never noticed any execution speed issues on any of them. ISLD executions are instantaneous so are REDI executions. On a side note, Bright charges an extra fee for Level II, without it as far as I...
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    My dear brothers...OBTAINING AN EDGE

    Couple of suggestions. Please note that I do not usually trade the minis, I only use them for fast entry into breakouts or breakdowns. I trade mostly listed stocks, and use the minis as a leading indicator Try getting a audio feed , a squawk box from the floor of the CME, and pay special...
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    Tape Reading

    Instead of reading the tape all day long, a tedious endeavour, try focusing your attention to trades around round numbers (11,20 so on) and around the daily pivots, supports and resistances, as well as yesterdays close, low, and high. It seems that most of the juicy stuff happens in those...
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    February Trading Journals

    Hitman Last couple days HI has been fairly liquid with heavy volume. One thing thay teach at the Brigt school in vegas is that on liquid stocks,most of the time "trade goes to size" as oposed to the Jef Cooper "steping in front of size" for low volume stocks. IMHO randomwalker
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    Daytrading SPY and BBH

    Leland Been trading the SPY for the very same reason. They are tamer than the Q's You can usually get good fills at either ISLD or REDI If you get a fill by the AMEX specialist, you will probably lose money If you get a NX fill by the NYSE especialist, it is usually as good as a ECN fill...
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    My Trading Journal (January)

    I tried to trade the Q's for a good six months. Made money, lost money and above all paid a truck load commissions. IMHO, it's not the best game in town. Based on your trade log, looks like you are with a Prop Firm. So if capital is not an issue, may I suggest using the SPY higher price...
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