I quite understand it since I do it too, albeit not in stocks but in SIFs and all by computer. If you read the rest of that, I mention that once you get to 50%, you have to leave the trade on longer since then comissions would overwhelm you, which then "...as soon as you start to let winners ride, you are most likely leaving the realm of "scalping." Is that clear now? nitro
Nah i dont do liquidity because NYSE has extremely low credits which you can only get by taking liquidity from island (90 cents per 1000). Everything else is either free (brut, waiting on arca) or costs (punching arca, waiting on island, specialist) I cant send you my trade list, but i willingly show people my pnl, shares, total trades, and per share ratio. You will have to deduct by the number of trades, shares, pnl, and ratio the trades i must be making. Ill need an email addy as i dont believe you can PM files.
Sent PM. Please include the trade list and routes if possible and a time stamp. Whatever you can send to verify is good. nitro
you're asking a 2 month profitable trader to send you his trade list and PL history... (which he's actually doing)... ...so yeah, it's clear.
I feel in no way threatened or uncomfortable with showing someone how much money i make in a day(or lose) or how many shares i trade. It is odd showing the exact trades in my opinion in this situation which I am not doing. Showing numbers does not effect the creation of them in this case. My reasoning for a trade is always partially subjective, and i dont care if people try to compete with me as im doing 80k volume of a 15mill volume stock. Not to mention there are hundreds i could do it on. So really your point underscores exactly mine. Im doing this after 2 months, which highlights the diffuculty level!
Then don't bother sending me your blotter if I cannot verify the trades. Which I can verify a trade to any ECN or NYSE with exact precision btw, since I capture the entire market each day to disk, over 40gb of data per day. Don't worry about the other handles, they are meaningless trolls. You said you would step up, now I am dissapointed. nitro