Who is trading 500k to 1Million shares/MONTH?

Well my last post is slightly off, as of today I did around 5Million shares. Every share done on WCOME. My reserve size was varying between 25K - 50K. I found it quite frightening at points. P&L $9000. My costs are somewhat nonexistent. 85% rebates. Other stocks to test SUNW, ORCL. ECN of choice is INCA

 

F1, were you playing the 0.01 range on WCOME?

 

Pound I know a guy who does 1 million shares a day.........not a month

Really hyper and fun to be around. He's are guest speaker

http://elitetrader.com/vb/showthread.php?threadid=6644

 

No, I wasn't trading at the range of .01 ... if you mean the value of 1 penny , I don't think it struck that price. I am trading it around .06 .. after 330pm it shot up to .11 .. Did 3Million shares.. increased reserve to 50K-150K per trade.. Let me tell you, dont' lock up an INCA on the inside .. I got hit for $350 fee for bidding and locking.. those hidden bastards.

 

Did 1.2 million shares Monday on WCOME, only 500k today.

 

Dear F1Trader,

>"My costs are somewhat nonexistent. 85% rebates".

Do you get the rebates for the ECN fees as well?

In the past year I has plans to trade as high volumes as 1 million shares a day, but the fees were killing my profits.

If you dont mind, how much are you paying in fees per month? And also, what firm do you trade with?

Thank you

Regards

Raphael