Waste Management Inc. ... said its ticker on the New York Stock Exchange will change from WMI to WM on Aug. 5 to better represent the companyâs current logo.
Agree, why do these traders put up with that place ??? Brokerage fees, training fee's desk fees etc etc Even Don admits- its up to the trader and hard work.....
There isn't that much better choice as far as I know. In his niche he is very competitive. If you are old (25+) no ivy league education, and have 25k to spare plus some training fees I don't see a better place. This is assuming his teaching is decent. But I really don't see who could compete with him. Actually T3 and SMB do training for fee now too. But don charges 3k these guys charge 10k
I'll disagree with that. The openings don't work like they used to because there are many elements of the market structure that have changed over the past five or so years. I stopped opgs every morning many years ago. Each trader must weigh their OPG P/L, time spent implementing, and lost opportunities available during the same 15 minutes of OPG executions. I found that trading with the trend after the first pull back was significantly more reliable and profitable than trying to pick off a few pennies counter trend trading the opening.
Good (and quick) opening.....3 fills, all winners... + 26 cents net. DIS filled both retracements in a matter of seconds...my favorite, LOL. Don
Anyone else have any more color on this? Why would they do this? Don't they want as much participation as possible? This seems crazy to me... -Guru