it seems 90% of full time day traders have moved to trading nyse instead of naz. guess all got tired of the naz games
that is funny. i remember when 90% of the posts were how specialists suck and the naz was the only thing to trade.
the specialist still do play games.... more so after the first hour of the day. when there is volume the auto bidding and bots kick in. the oil inventory number kicked ass........ specialist were so slowwwwwwwwwwwww.
The NYSE is just more inefficient and easier to read, but I think the Naz offers a lot more opportunities to make bigger money (NYSE news stories aside). There are just more speculative issues on the Naz which makes for more movement.
90% of the prop shops trade nyse exclusively. wether it be assent or carlin echo or etg all ther vol almsot 100% nyse. the truth is nyse move in much straighter slower lines with less jiggle
I think it's 60/40 if not 50/50. Naz traders flocked to NYSE when bullets became big and NYOB became open to the public. Also a lot of new guys started out with NYSE then and lasted a few years since it was so easy. There was no such trick on Nasdaq. Any moron could hit down market shorts and make big bucks. If anything, NYSE traders have been quitting slowly ever since bullets were gone. NYSE is a dying exchange. It chops just as much as Nasdaq, you just get the extra priveliege of the specialist scum trying to screw you on every order. Get that lube ready.
EVERY ASSNET TRADER I'VE TALKED TO IS NYSE. THE MANaGER IN MIAMI OR THE MANY GUYS IN NYSE ALL TRADE NYSE. ECHO ETG AND CARLIN ARE 100% NYSE. SAME WITH BRIGHT. only shop i see trading naz is genesis