100,000 shares at a time ?

Discussion in 'Trading' started by marketsurfer, Feb 8, 2003.

  1. nitro

    nitro

    8000 C

    nitro
     
    #31     Feb 14, 2003
  2. nitro

    nitro

    Gertsman,

    Are you in the Chicago office at Bright?

    nitro
     
    #32     Feb 14, 2003
  3. gertsman- i trade at bright and am a pretty big trader myself- how come I have never heard of a guy with the last name gertsman?? what is your real name??
     
    #33     Feb 14, 2003
  4. 13000 shares in KM, during the BK announcement

    didn't have the cajones to hold from .69-1.50 but i did take it from 1.39 to 1.50
     
    #34     Feb 14, 2003
  5. If you haven't heard of him, you haven't been listening.
    What's YOUR real name?
     
    #35     Feb 14, 2003
  6. I take that back, you probably are good friends with him. Sounds like some gertsman scam
     
    #36     Feb 14, 2003
  7. VOLUME

    VOLUME

    Do you actually trade, or do you just stand there and cheerlead for Gertsman?
    Your posts sound like you have a crush on him.
     
    #37     Feb 14, 2003
  8. rs7

    rs7

    Size? Just a number.

    As an employee, I traded reportable limit size in OEX all the time. Just another day at the office.

    As a prop. trader, it is far more stressful for me to trade 5k shares of MSFT or IBM and such.

    Guys trade to add liquidity for the obscure ECN's, and a million shares of whatever (for example) a WCOM is now (does it still trade?) represents far less than an odd lot of Berkshire.

    Biggest single position I ever had was 12k of IBM. For me it was gut wrenching. I am far more comfortable trading 20-40 positions of 1 or 2 or 3k shares. Maybe it was a style thing. Each to his (or her) own. Traded that way daily for many years. So how was I comfortable holding 100k shares or so, and uncomfortable with 12k in one position? Just me I guess.

    The guy that places a multi million share order of a real stock for a mutual fund also is just doing a job.

    Everything is relative. It's the impact on the individual that matters, IMO.

    Peace,
    :)Rs7
     
    #38     Feb 14, 2003
  9. How about the emini's? Curious if anyone here trades 100 lots regularly on an intraday basis.
     
    #39     Feb 14, 2003
  10. bobcathy1

    bobcathy1 Guest

    10,000 shares of ENE at .37....held it for 1 day and it went up to .75 and sold it......thought I was rich, until I realized I should have bought 100,000 at that price....sheesh.....got to use a calculator!:D
     
    #40     Feb 14, 2003