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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Eric P who wrote (18071)	1/3/2010 10:22:08 PM
From: Dave O.	Read Replies (1) \| Respond to of 18137

< I was paying $21.95 per ticket, plus outrageous ECN fees of up to 1.5 cents per share. > At All-Tech is was $25 plus ECN fees. ISLD was the cheapest at $1 per trade I believe. INCA was fairly high and some of the others like BRUT and ATTN were even higher if memory serves me correctly. I recall using SOES and SelectNet a lot. It was always interesting to nail a market maker for 1000 and see if he was there with just 1000 or was a real seller with size. I too remember scanshift here on SI. He finally got $11 million. chicagobusiness.com Barton had some deeper problems -- I think he was suspected in his 1st wife's death years earlier. I didn't know any of the traders he killed in the Atlanta All-Tech office but the profiles suggested they were like any other hard working guys trying to make it as traders the day he came in shooting. He also killed some at Momemtum. Remember Block Trading? Flashback article -- I recall reading it back when it came out 12 years ago. inc.com One thing that stands out to me is the gradual demise of the Daytrading Fundamentals thread where posters gradually started to disappear as the market moved lower and lower for a few years. I also recall so vividly how many traders would be in denial when a trade went against them. They'd be new to trading and after getting their feet wet they'd trade 1000 shares of a $75 stock. If it moved a point against them and they were down $1000 they'd say "oh, it'll come back". As it bled more and more they'd become more quiet. Then start not showing up at the office. Then we'd hear they'd closed their account. So many got into trading that thought it would be easy money I think. Dave