20 cents on 30k shares seems reasonable to me. I wouldn't sell 30k wmt Don't have the capital nor the risk tolerance if I was wrong. The...
If your definition of a fair and orderly market is honoring quotes, then all a specialist would have to do is make a wide market for 5 up and...
You CAN play specialist by placing scale orders so that he has no incentive to jump in front of one order. You can scale a 5000 lot by 500 shares...
In the OTC market you can preference an ECN and go around prices that are better for whatever reason you might have to do that. Even with...
How would you characterize a fair and orderly market? One in which the specialist doesn't make money? Or one in which you don't lose? Why would...
Does Lions clear Spear or someone else? Do they take real customer SIPC accounts?
Don, Are you happy with the new management at SLK? What does Bob Kantor say about leaving SLK after 30 some years? What did you think about ICS...
Sorry for the delay in responding. Working for a living here trading. I know of no one making money being wrong. So yes, simply being right is...
A great impassioned plea on behalf of Schoni. I heard he wrote a personal check this year for over 50 million to take out his partners at their...
Don, When I said that Bright was with FOC since 1978 I meant FOC/SLK a forward thinking, risk taking entrepreneurial type of firm as...
With all due respect, you have been with First Options since 1978. They themselves were brought and sold. In fact SLK took them back after the...
The merger will go through. If they let REDI and ARCA merge why not INCA and ISLD? The rates posted earlier are for TAKING liquidity. You get...
Seems as if they are another firm saddled with the Goldman/SLK cost structure. Ultimately, that will be a problem as they try to compete.
Check ETG, they used to
Onje word for you...Depends. Great product. Pee all over yourself without getting up. Great for bar hopping unless you meet someone then...
Wow, all this grammar/grammatical stuff... Sorry I left the only firm I could not misspell...ETG. At least I trade on my own now so spelling...
I agree with your post 100%. Day trading will be here until they outlaw it. Some have the talent to survive the less opportunistic times and...
Yes, there was no uptick rule, no there were no pennies, etc. during Jesse L's time, but he wasn't scalping. He gave that up in the bucket shops....
Mark my words...Schoni is not dead. He is reorganizing his business around profitable traders. 3 years from now he will still be in business...
Get well soon Don! We'd hate to have you stop at 1511.
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