Gene is with this firm...http://www.stocktrade.net/
DAT, "junky, weak-ass, manipulated, unfollowable, chaotic, no-logic-whatsoever....... Nasdaq stocks"...aren't you trading Nasdaq stocks being that...
So with ISLD,looks like the opposite happens.A hidden order loses time priority to displayed orders...http://www.island.com/faq/generalfaq.htm
DAT, you mention "I can do reserve orders that let me hide my true total volume but that is obviously not a hidden order". I am a little confused...
DAT, i'm pretty sure you can put hidden orders on INCA and ARCA,as well as ISLD; i'm not sure about the other ECN's...let me know when you find...
try this firm...i know their payout is 100%, and their minimum is $10,000...http://www.echotradeonline.com/
DAT, question : if you use ARCA/REDI to take an offer or hit a bid,will it trade with other ECN's(either direct or non-direct) hidden orders?
Uptik, do you know if Echo has volume minimums before they ask you to leave, if they do?
I heard if you trade at least 600,000 shares or more per month, they waive the $600 desk fee. Anyone at Echo care to add or correct me if i'm wrong?
Also, 1.8 cents per share commission is a rip off compared to a .01 a share. Average say 30,000 shares a day and you end up paying $60,000 extra...
To add to the above post,their commissions are only .01 a share.
check out a firm called Echotrade...they only require a $10,000 deposit,pay out 100%, and sponsor you for the series...
DAT, thanks for the info.,you answered all my questions. So basically, I see that you have to be really careful when entering orders into Island....
Am i bid at 50 on level 2, but 50.25 on the Island book?
This question is addressed to anyone,preferably someone trading at a pro firm. The Nasdaq quote for whatever stock is 50.00 x 50.01 with a 1000...
I have noticed in daytrading that the majority of the time, stocks tend to trade to whole numbers, and it seems that most of the time, they'll...
try daytrading the NASDAQ market with a pro firm
MSFT,QCOM,EBAY,VRSN,QLGC,VRTS,NVDA,BRCM,BRCD and EMLX, just to name a few are all volatile stocks great for day,preferably, or swing trading.
Island only accepts limit orders,not market orders. And to add, QQQ trades on AMEX not NYSE.
You can get price improvement on Nasdaq. If a stock is 50.20 x 50.30 on Nasdaq, and you go to buy 1000 at 50.30 on Island with a hidden order on...
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