Do you think its better that the NYSE specialists leave?

[Hydroblunt]

Quote from dingtrader:

i used to scalp the nyse before i became a gap trader, and the specialists had a great
role imo -- you could get to know them, and look for patterns. witha lot of work and time, you could trade the same stock quite well.

You obviously weren't there when the specialists just started going after daytrader orders for their bread & butter, since the institutions took a stand. Or traded a stock where the specialist is essentially nothing more but a maggot in the middle pinching market orders.

But anyway, if it was so great, why did you stop?

 

[Red_Ink_inc]

Quote from joeyata1:

many on here made a living with price improvement on nyse. now without specialists thats gone.

Waiting for charity is at best a laughable strategy. Tell me why if you place a bid at $26.35 you deserve to be filled at any price other than $26.35?

The quicker this disappears the better it will be for people who actually trade price movement.