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Rather than looking like an idiot, you have gained my respect, and I am sure most reading this thread would say the same. Over the past few years I have only checked in to this site every few months or so, but this thread has been holding my interest. I know that you do not like to optimize...

Talon, I think that you did an excellent job of explaining the trade. It really is a very simple event driven trade developed from a top-down approach to seeking, verifying and exploiting temporary supply/demand shifts due to market/index mechanics. This index change phenomenon is very...

What edge do you perceive from using two accounts/positions? You can achieve same result (with less commish) using one position/account.

I'm sorry if it offended you...... but saying that Mr. Rockford talks out of his pompous ass is not all that uncivil in my world. At the time I could not think of a more concise descriptive way to characterize the continuous stream of disinformative remarks and egotistical refusals to...

How does your firm handle these situations: The software or comp they give you to trade with crashes or fails in some way causing you a loss. Does your firm reimburse you for the loss, or are you left eating it yourself? I am wondering if some firms are better than others with this sort of...

Excellent Posts. If I may ask, what region of the country are you in, and if it is not a hot, highly competitive mkt, how much of your success would you say depends on that fact?

As far as I know you must be licensed to trade with echo. PM if you'd like and I may have somewhere that you might be interested in.

Also spread cost.

If you are mostly hedged trading, then your opportunities are created or enanced by having a mixed mkt of exempt and non-exempt stocks. If the exemption were applied to all stocks I would guess that edge would be gone. For the directional discretionary trader though, which make up the...

I don't see anything in here that is necessarily very particular to sho exempt stocks. The exemption in most cases takes away edges rather than adding any. It does help system and hedged traders get into positions.

I consider myself a libertarian, but in a case of price fixing such as this, there does need to be an agency to force free-market competition for the good of the consumer. Let capitalism do it's thing.

Well, it's been a week, where are all of the sho cheerleaders? (I'm talking about discretionary, not systems or arb traders) Did you find the easy profitable short trades in those 1000 stocks this week?

Since Dustin is a system trader, the comment does not mean much to a discretionary trader, who I believe is hurt by the new rule. I agree that system traders can benefit from it. We have not seen yet any discretionary trader remark about the improved tradeability of the affected stocks.

COO went down $5 bucks!!! This should be a wet dream trade for all you SHO fans! Come on, drinks are on you SHO cheerleader guys since you were able to hit all the bids.

What kind of huge difference? You mean harder to make money by using an edge and exploiting an inefficiency which will no longer exist?

It looks to me to mean simply that you can short any stock in the Russel 1000 (this is comprised of all the big-caps and larger mid-caps) in the after-hours market without an up-tick. It also states that you can short any other stock not in the R1000 or the pilot lists any time that the...

They probably even think that they are better off with the pennies rather than nickels or teenies.

Then I suppose you will be the first we hear from, telling us about all the money you are taking out of these stocks with this new easy way to get short. Ok then, I'll be watching for your post and will be ready to buy you lunch at 14 Wall if you can prove it (If you happen to be a cute female...

All you guys who are having an orgasm over this, please post back after a week or so of trading these stocks to show us what you think then. I'll wager we wont hear anything from you.

Anyone who is interested in a fair and safe deal for your automated strategies may p.m. me. I believe I can offer the most competive deals both in terms of revenue sharing and commission. Backtesting on a tick basis across multiple securities is also available and parameters can be adjusted...