I think you neglected to factor in cost of infrastructure and all the other operating and overhead costs. Breakeven is a lot higher than...
wireless - yeah, still using TP. Still the best I've come across (especially for the money). Been on vacation and then of course had to pay for...
Privateer - did you notice the fine print on the GRO Trader pages? They're not just comparable to CyberTrader - they're using CyberTrader from...
wireless - My gut feeling is that there must be more to the story than what Business Week reported as it is difficult to fathom the...
If they're giving really free Level II (i.e., they're eating the Nasdaq Exchange fee) - they'd have to hit you with 1000 ads a month just to pay...
Got to say I'm skeptical. If the guys who do charge commissions and do get paid for order flow can't make a profit (didn't E*Trade post another...
MM - just curious what your definition of a daytrader is (since there's a bunch of different trading methods that are all "daytrading") that would...
MM - I understand what you were getting at now. If you can put the conversion on for close to net zero, you could use it as a kind of cover for...
That doesn't seem all that worthwhile since you have to both wait for expiration (you can't sell your stock because then you'd be left with a...
MM - run that by me again - if you bought stock and then sell it, you're not short Are you saying you do something like buy 100 shares and then...
def - I didn't say Schwab, I said CyberX. You confuse (or perhaps you don't really) the fact that Schwab just bought Cybercorp, with Cybercorp...
def - I think the concern about longevity (and still my concerns about account safety) are driven by the fact that IB is NOT those affiliates or...
I can understand the fast execution for autoexecutable options (under $10 premium) - at least when the floor traders don't get the exchange to...
Are you scalping options? 50 small lot trades a day is a lot for an off floor option trader. I haven't found it worthwhile to trade less than 10...
kralcd - I pay $2-3/contract at Preferred ($2 if premium is up to $10 and $3 for premiums over $10), there is a $20 minimum commission but since...
kralcd - just curious, but why is the difference between $2-3/contract and $1.95/contract that significant?
Ros - Nice of the CBOE to have the increased limits on autoexecutions for the SPX - wonder if those huge 2 point bid/ask spreads have anything to...
Ros - also be aware, that RAES will only autoexecute orders of up to 10 contracts (assuming autoexecution is enabled at the time and for the...
Ros - keep in mind that no matter how fast any broker routes your index option order to the CBOE, you're still at the mercy of the floor. It's...
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