Comments on: ONCY’s lesson: Don’t sell a stock if it is banging the offer

By: sm

sm — Mon, 05 Oct 2009 18:19:20 +0000

thats good to hear that their fills are good. I’m practicing their demo software to get used to the platform. Its a little less complicated than TOS. Hopefully I won’t have to deal with their customer service that much

By: Preston

Preston — Sun, 04 Oct 2009 20:32:06 +0000

I don’t know about tough but yeah that’s me with my mom. I told her that I was going to put a photo of us on the web and she didn’t believe me, haha she will see it before long because she cruises your site a little.

By: Reaper

Reaper — Sun, 04 Oct 2009 20:24:12 +0000

So I assume you’re the tough-looking guy in the photo?

By: Reaper

Reaper — Sun, 04 Oct 2009 20:23:49 +0000

Remember even once Thinkorswim is sucked up into the Ameriturd monstrosity and starts to clear through Ameriturd, if they keep the brand separate and allow shorting of a wide array of stocks (as they do now), the borrows could IMPROVE, because the borrows could come from all Ameriturd customers while other Ameriturders can’t short the non-marginable stocks.

Oh, and IB’s fills are awesome. Its only issue is customer service, and it is rare to deal with them.

By: Reaper

Reaper — Sun, 04 Oct 2009 20:22:06 +0000

Nasdaq – stock market
DirectEdge – ECN (electronic crossing network; google it)
Island – Nasdaq (the route name is for an ECN they bought I think)
Arca – ArcaExchange, an ECN owned by the NYSE
BATS – Better Alternative Trading system

For some stocks you can route directly to a market maker:

NITE – Knight Capital Markets, Inc

By: Preston

Preston — Sun, 04 Oct 2009 18:48:52 +0000

sm, that’s my next move as well, opening an account at IB after the first of the year. I look forward to the day that I can short OTC and Pink sheet stocks.
Michael has always said that a trader needs a little more experience to trade those type of stocks so I have been waiting until I feel that I am making sound and consistent decisions.
There are so many things that I have to improve on that sometimes it’s overwhelming me. My overall knowledge of trading is very poor.

By: sm

sm — Sun, 04 Oct 2009 16:52:51 +0000

Ameritrade might have to do something with their shorts. Anyway Im opening a second accound with IB also so I have least have 2 brokers to search from. I really love the customer service with TOS so I’ll keep em a little longer. Probably use it more for buying positions. I hear IB has execution and customer service issues. But I’d be willing to give that up for a better share pool.

By: sm

sm — Sun, 04 Oct 2009 16:33:33 +0000

is that what they are reaper?? What I had meant was the exchanges. Like for CHIP it will list exhanges like these:

Exchanges: NASDAQ, BEX, IDEAL, CSFBALGO, CSFBCROSS, DARK1, JEFFALGO, NITEECN, LAVA, DRCTEDGE, DRCTIOI, ISLAND, BTRADE, ARCA, DBALGO, LEVELATS, ISE, CBSX, EDGEA, TRACKECN, BATS, IBSX, MIBSX

By: Reaper

Reaper — Sat, 03 Oct 2009 23:30:17 +0000

Go to Gravatar.com and sign up using your email and username you use here: http://en.gravatar.com/

By: Preston

Preston — Sat, 03 Oct 2009 20:14:48 +0000

Ok I got a question; How do I get a Gravatar for my comments? I have pictures to use but do not know how to put it in my frame.