100,000 shares at a time ?
- Thread starter marketsurfer
- Start date
gertsman- i trade at bright and am a pretty big trader myself- how come I have never heard of a guy with the last name gertsman?? what is your real name??
If you haven't heard of him, you haven't been listening.
What's YOUR real name?
What's YOUR real name?
I take that back, you probably are good friends with him. Sounds like some gertsman scam
Size? Just a number.
As an employee, I traded reportable limit size in OEX all the time. Just another day at the office.
As a prop. trader, it is far more stressful for me to trade 5k shares of MSFT or IBM and such.
Guys trade to add liquidity for the obscure ECN's, and a million shares of whatever (for example) a WCOM is now (does it still trade?) represents far less than an odd lot of Berkshire.
Biggest single position I ever had was 12k of IBM. For me it was gut wrenching. I am far more comfortable trading 20-40 positions of 1 or 2 or 3k shares. Maybe it was a style thing. Each to his (or her) own. Traded that way daily for many years. So how was I comfortable holding 100k shares or so, and uncomfortable with 12k in one position? Just me I guess.
The guy that places a multi million share order of a real stock for a mutual fund also is just doing a job.
Everything is relative. It's the impact on the individual that matters, IMO.
Peace,
Rs7
As an employee, I traded reportable limit size in OEX all the time. Just another day at the office.
As a prop. trader, it is far more stressful for me to trade 5k shares of MSFT or IBM and such.
Guys trade to add liquidity for the obscure ECN's, and a million shares of whatever (for example) a WCOM is now (does it still trade?) represents far less than an odd lot of Berkshire.
Biggest single position I ever had was 12k of IBM. For me it was gut wrenching. I am far more comfortable trading 20-40 positions of 1 or 2 or 3k shares. Maybe it was a style thing. Each to his (or her) own. Traded that way daily for many years. So how was I comfortable holding 100k shares or so, and uncomfortable with 12k in one position? Just me I guess.
The guy that places a multi million share order of a real stock for a mutual fund also is just doing a job.
Everything is relative. It's the impact on the individual that matters, IMO.
Peace,
Rs7