ROSARIO, you are obviously a very inexperienced trader...
You remind me of the beginner Black Jack Players that have read one book on a system, then head to the table to make millions, only to lose it all.
Here is a Daytrading Site that teaches the tricks of the trade.
In their examples they use executioner.com
The easily could have used another professional Trading firm.
If you are going to be a successful daytrader, you can not use Etrade, NDB, Ameritrade, Suretrade or any of the other retail brokers.
You have to use a system that allows you become a MM yourself.
When You use a Firm like Executioner your order (YOUR ORDER) shows up on the quote system the public sees if it is the best bid or ask.
Retail brokers do not do this for you.
in the following site, they use Executioner as I have stated, but they easily could have used Insider Trading.
here is the site:
pristine.com
Now if you look further into the fee structure, you will see that Insider Trading is Cheaper in some instances, and more expensive in others. Bottom line is that it evens out.
If you think that professional traders will not pay these fees for what is offered, then, in my opinion, you are clearly an idiot who has no business trading.
It doesn't take a genius to realize that if you can beat out of MM on their prices you will make a lot of money. |