SCALPER Mentors, Maybe you are interested?

[nitro]

Quote from lorndavies:

you're right, we're all misunderstanding...

i for one am misunderstanding how you are commenting on something you don't quite understand.

I quite understand it since I do it too, albeit not in stocks but in SIFs and all by computer.

If you read the rest of that, I mention that once you get to 50%, you have to leave the trade on longer since then comissions would overwhelm you, which then "...as soon as you start to let winners ride, you are most likely leaving the realm of "scalping."

Is that clear now?

nitro

 

[Szeven]

Quote from nitro:

No, I am being serious. I am just gathering information. The reason I asked is because if you were in Chicago, that would be one way to prove it since I live there.


Got it. OK, so here we have a bonified scalper. Good.


Ok, got it. So are you a liquidity trader? In other words, are you making most of your money from rebates, or from the actual trade?


ja, I know of a company in Europe somewhere that does this...They mostly sit on the bid and ask on stocks like SUNW and others that never move...Not sure if that is what you do all day.


See above comment as to why I wanted to know where you live.


Ok. Are you going to send me the trade history, or just the PnL?

nitro

Nah i dont do liquidity because NYSE has extremely low credits which you can only get by taking liquidity from island (90 cents per 1000). Everything else is either free (brut, waiting on arca) or costs (punching arca, waiting on island, specialist)

I cant send you my trade list, but i willingly show people my pnl, shares, total trades, and per share ratio. You will have to deduct by the number of trades, shares, pnl, and ratio the trades i must be making. Ill need an email addy as i dont believe you can PM files.

 

[nitro]

Quote from Szeven:

Nah i dont do liquidity because NYSE has extremely low credits which you can only get by taking liquidity from island (90 cents per 1000). Everything else is either free (brut, waiting on arca) or costs (punching arca, waiting on island, specialist)

I cant send you my trade list, but i willingly show people my pnl, shares, total trades, and per share ratio. You will have to deduct by the number of trades, shares, pnl, and ratio the trades i must be making. Ill need an email addy as i dont believe you can PM files.

Sent PM. Please include the trade list and routes if possible and a time stamp. Whatever you can send to verify is good.

nitro

 

[lorndavies]

Quote from nitro:

Is that clear now?
nitro

you're asking a 2 month profitable trader to send you his trade list and PL history... (which he's actually doing)...

...so yeah, it's clear.

 

[nitro]

Quote from lorndavies:

you're asking a 2 month profitable trader to send you his trade list and PL history... (which he's actually doing)...

...so yeah, it's clear.

Huh?

nitro

 

[lorndavies]

Quote from nitro:

Huh?

nitro

forget it.

 

[nitro]

Quote from lorndavies:

forget it.

Ok.

nitro

 

[SH6]

Quote from lorndavies:

you're asking a 2 month profitable trader to send you his trade list and PL history... (which he's actually doing)...

...so yeah, it's clear.

anal-retentive is the word I believe... sheeesh.

Szeven, keep up good work and all the best to you.

 

[Szeven]

Quote from lorndavies:

you're asking a 2 month profitable trader to send you his trade list and PL history... (which he's actually doing)...

...so yeah, it's clear.

I feel in no way threatened or uncomfortable with showing someone how much money i make in a day(or lose) or how many shares i trade. It is odd showing the exact trades in my opinion in this situation which I am not doing. Showing numbers does not effect the creation of them in this case.

My reasoning for a trade is always partially subjective, and i dont care if people try to compete with me as im doing 80k volume of a 15mill volume stock. Not to mention there are hundreds i could do it on.

So really your point underscores exactly mine. Im doing this after 2 months, which highlights the diffuculty level!

 

[nitro]

Quote from Szeven:

... It is odd showing the exact trades in my opinion in this situation which I am not doing.

Then don't bother sending me your blotter if I cannot verify the trades. Which I can verify a trade to any ECN or NYSE with exact precision btw, since I capture the entire market each day to disk, over 40gb of data per day.

Showing numbers does not effect the creation of them in this case.
My reasoning for a trade is always partially subjective, and i dont care if people try to compete with me as im doing 80k volume of a 15mill volume stock. Not to mention there are hundreds i could do it on.

So really your point underscores exactly mine. Im doing this after 2 months, which highlights the diffuculty level!

Don't worry about the other handles, they are meaningless trolls. You said you would step up, now I am dissapointed.

nitro