Swift changing the deal

Discussion in 'Prop Firms' started by momo trader99, May 26, 2005.

  1. firm im with has the milenium ecn>>>i will keep you posted with the free money im about to make.
    #51     Jun 20, 2005
  2. If that was directed at me I would like to say i do not trade the millenium style and i do not do rebate trading.
    #52     Jun 21, 2005
  3. mnx



    fact is the more people that trade this style the less free money there is to go around. and if you get too agreessive and post 1 billion shares 1 cent away you will get your ass kicked.

    I see it happen all day long, and sometimes I get foolish enough to join them...

    making 1 cent on LU is okay, but trying to to it on stock like vlo or anf is just plain dangerous!

    So, good luck I guess.... genesis is right behind you guys......

    and if you're serious about psting the free money you will be making, please post it in the trader p/l thread in the journal section..... We'd love to see someone who can beat mksummny on a regular basis.....

    take care.

    #53     Jun 21, 2005
  4. Its is my inderstand that large firms post on milinium and thus an arb MAY be created.I will be testing it this week and will keep you posted.
    #54     Jun 22, 2005
  5. Very true but it's a lot less free money for you & your branch and more free money for the new entrants into the millenium ECN trick. Gimmick trading lasts only so long.


    If you only knew how much you're taking your trick for granted.
    #55     Jun 22, 2005
  6. One of the swifttrade office is for sale for cdn $300000.00 only

    56 Local & O/T Businesses

    SWIFT Trade Kitchener Waterloo Cambridge office for sale, $300,000. 416-822-9555, Joe (Ontario Canada)
    #56     Jun 22, 2005
  7. i will buy your office for 60,000$
    if you get over 100,000$ for your office, i'd laugh at the buyer so hard!!

    #57     Jul 1, 2005
  8. Singer


    So... the office can be had for the low, low price of 3000 times its net revenue to date? What a steal. :D
    #58     Jul 1, 2005

  9. I am assuming they own some property with it? Otherwise that office isn't worth more than 25k or so. Maybe even less, the real asset is the computers and those probbaly haven't been uprgraded since 2001.
    #59     Jul 13, 2005
  10. Singer


    I'm not sure there *is* a building in Cambridge, Ontario, worth $300k. :D

    Correct me if I'm wrong, but I don't think those computers have even been used in over a year. Let alone upgraded.
    #60     Jul 13, 2005