Tough times for scalpers?

First it was PALM that did a reverse split and now my beloved ERICY has followed that trend! There's really nothing good out there to scalp anymore that's under a buck.

Boy do I miss the days of Worldcom!

Marc

 

Were you making one or two cents on PALM / ERICY? Or holding for more?

Are you getting rebates for adding liquidity?

 

yes i think it is a difficult trading environment. i used to be able to make $10k/day and this month i could barely do $5k/day

 

Dare to ask how much capital do you have?

 

I'd guess 100k for such a modest performance.

 

Probably a lot less than his ego. But he might have a lot of that too...

 

Imagination = 100 * Ego

 

$ 8,000,000

 

but every cloud has a silver lining: think how much more the stocks that reverse split can go down!

 

You trade with $8,000,000?
I have a question.
How do you deal with the threshold? I mean, you can't trade $8M at once, you would move the market, and get whipsawed. So I'm assuming you are trading with a percentage of that or maybe you are trading various instruments/stocks at the same time (so much for multi tasking
Thanks