6 yr Veteran trader looking...

MVP · May 9, 2002

I am looking for a firm and/or trader(s) similar to my trading style.

I would like to trade with a professional trader(s) with a similar trading style. I daytrade positions based on daily candle charts. I am not effective with scalpers and/or NYSE only traders.

I trade a mix of 90% NASDAQ / 10% LISTED and futures (e-mini). 1000-30000 shares.

I went long 10 E-mini NDX 500 futures contracts after the CSCO announcement at 1181. I sold the following day.

xtrader · May 9, 2002

If you trade NASDAQ don't consider any firm that uses REDI.

daniel_m · May 9, 2002

Originally posted by xtrader
If you trade NASDAQ don't consider any firm that uses REDI.

could I ask why please?

thanks.

xtrader · May 9, 2002

REDI was designed for NYSE. Order entry layout is cumbersome for rapid order entry.

REDI sends orders to its own ECN for a match prior to other ECNs regardless. The direct ISLD order is slow( I wonder why...)

Several times a week REDI quote feeds for NASDAQ are delayed, up to 3 seconds. You can imagine trying to "chase" a stock with stale limit prices.

MVP · May 9, 2002

thanks

theShadow · May 9, 2002

with your experience you could start your own firm...

MVP · May 10, 2002

Any veteran traders interested in an arrangement?

traderkay · May 10, 2002

you traded NDX 500 eminis huh?

Cdntrader · May 10, 2002

Originally posted by traderkay
you traded NDX 500 eminis huh?

nice catch.

MVP · May 10, 2002

when there is an inflection in the market. I never scalp.

I netted an avg of 60 pts on 10 contracts.