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Hi Arnie, thanks for your reply. my platform has API. But it's not really extended only the basic stuff. Like last, today's hi/lo, today's volume etc. Nothing historic. But I'm looking for a piece of software that'll do this for me. -Dave,

Hi, do you guys know of any scanner that gives you realtime alerts when a stock goes up or down on bigger than average volume. Or a stock that APPROACHES 52 week highs/lows, not after it printed them. And a scanner or a good website that has the gappers for NYSE. Whether it's a...

You can check out www.nasdaqtrader.com to see when it resumes trading. Even when it's a NYSE stock. http://www.nasdaqtrader.com/asp/TradeHaltShowPage.asp -Dave.

I thought scalping has a new meaning since decimalisation. Buy a breakout and get out when momentum goes out. Take MYOG yesterday (april 10th). The third three minute bar was a nice short at 34. For a quick 50 cent profit on the first half of the shares. And 70 cents for the rest. That's...

Again. We do not know what your trading style is like. But you should be looking to average 50 to 150 dollars a day on 100 shares . And at least 10-25 dollars per trade. But of course that all depends on your strategy! And learn to scale out of positions. When it reaches your target, get out 2/3...

Haha. Sorry Rennick. Although I meant what I said. I'm sure I didn't insult you. -Dave.

I assume the first part of your post was meant for me?? I trade what I see, not on my opinion. And Yes I'm a daytrader. I don't care whether the market goes up or down. As long as it moves in either way I'm happy. I traded over 15 different stocks yesterday. Both Long and Short. I purely...

Ksonsinc, it looks like you traded on your opinion. I do not know what your strategy is. But if you didn't trade on your opinion, but used your normal strategy. Then there's definately something wrong, because these are the days everyone is waiting for. And these are the days where you can...

I couldn't care less. As long as it moves some way! But I'd rather see it going up to $600. Would be good for volatility!

I'm trading from Holland, Limburg. I'm 18 years old. I trade NASDAQ stocks!

Don't worry. I wasn't trying to let it sound like I was telling you how it works there. I've never been there. I'm sure you know what's going on there! I was told there were three borsellino's, but it doesn't really matter actually. They're legends, that's a fact I think. It's too bad...

True! But isn't that what happens in every market on every time frame. The big guys buy when it goes down, then buy it up, then the crowd comes in buying it and then they sell it to them again. This happens on 1, 3, 5, 30, 60 minute basis as well as daily, weekly and monthly! I guess.

They are SIPC insured. But so was Refco. The REFCO retail customers got their money back, I'm sure. Send Genesis an e-mail and ask the about this. They'll be more than willing to explain you! Don't forget that Genesis is just a broker for Retail, Prop and Institutional. I don't believe they...

Good on ya!

Conbar, Go for Genesis. It does cost $200 per month. It's the quickest system around. You'll have totalview (Level II plus depth of ECN books). They are NASDAQ platinum Certified. You have to negotiate everything. If you'll trade some good size, they can offer you the lowest prices in the...

As a long time CME member and index trader I have to tell you that some of the comments are a bit off on this thread. The squawk services available commercially are marginal at best. The discusssion about Lewis Borsellino is funny because Lewis stopped trading nearly 3 years ago. His brother...

I know there are some big traders in the minis that trade way over 1000 contracts. But remember that the biggest banks in the pit are also the biggest players in the minis. And the pit and mini always goes hand in hand. If the minis go down a tick locals will sell in the pit. Or when it´s .20...

Merrill is really active all the time. I think they got a big prop desk, but also some huge clients too. Usually when he´s on the phone he trades for customers.

[B]Dave - I don't believe a trader with a S&P position can cover with ES. The contracts are not fungible (or what ever that word is :D). --------------------- Yes, they can cover with ES. One big contract is 5 mini contracts. They do it all the time. --------------------- A S&P position...

I listen to the S&P 500 pit squawkbox every day. The biggest bank in the pit is Merrill Lynch. I heard him buy over 4000 big contracts in half an hour. That day the S&P was breaking out of a Head and shoulders pattern. Merrill bought the 4000 big contracts (that's 20000 mini's) on the open. It...