I have been reading Hitmans posts for awhile and it seems like everyday is gambling. Bouncing from stock to stock and sector to sector, trying to...
You seem to be wondering why you are in a slump, and I don't want to act like I know, but I did notice one thing. You are getting screwed on...
Does receiving a k-1 affect a traders ability to set up retirement plans, or are all the plans still available to use? (SEP-IRA's, etc.) Thanks
Your second post answered my questions (class A vs. class B). I appreciate you being forward with the competition. We scalp straight Nasdaq though...
I am replying to this to get it to the top of the thread in hopes Don will reply.
Does everyone at bright contribute capital? They are considered partners in the LLC? I thought that you would have to participate in the the LLC's...
Don, I am a member of an LLC and they give me a 1099 at the end of the year. I then have to pay self-employment. I am interested in how your...
Are your passthroughs (ecns, sec,soes,etc) included in your .01? If they are, then you have a pretty good deal if you do light volume(under...
The article acknowledges what we all know, SEC fees rape us. The article states the SEC fees are 6 times more than what they were set up for. That...
They think that everyone should kiss their ass since they have that "I am smarter and better than you" ivy diploma. What a joke. The big firms are...
What I mean by a layup is this. When the locals are caught the wrong way, institutions will make them pay. And as long as you go opposite the...
The locals are traders trading their own accounts. When it is locals only, there is no paper or institutions on the bid or offer. When all the...
Squakers are calling out the bid and offers of the "large" s+p contract, as you called it. Not the mini. They will often lag the minis. Speed of...
I heard today that we will now be paying a $2 per thousand Soes fee. Basically nasdaq is making an ECN fee for Soes. What a crock of Sh$t. This is...
The service we use right now is los.net. They do a pretty good job.
You want to concentrate on what the houses are doing, but also listen to see what the locals are doing. Some locals are big traders who the others...
I am notfamiliar with the prop deal here. We only have one guy in or office on prop, but I think that it is normal where you pay more and don't...
I don't know what their average profit per trade is. I have never figured it out for myself. I do know that you don't have to average much at all,...
Leland, a thing that still boggles me is that on some days when 4-5 of us trade the same stock all day, we will do 5-15% of the daily volume on...
Gene, I don't really have any words of wisdom. I am still so new that I am learning alot every day still and just trying to step it up to another...
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