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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (5983)12/9/1998 10:46:00 PM
From: KB  Read Replies (1) | Respond to of 12617
 
Is there anyone on this thread aware of a daytrading house in the Cleveland, OH area. If not, where is the closest one? Also, are there daytrade brokers who accept less than the $25,000/up normally required to open an account. I have the ability to trade 2-3 days a week and want to try it with a smaller amount to see if it suits my personality.

Thanks,
KB



To: TraderAlan who wrote (5983)12/9/1998 10:47:00 PM
From: TFF  Read Replies (4) | Respond to of 12617
 
Article - Online Trading:Internet Antics Rock Market Makers:

thestreet.com

You gotta love the bottom of this article where the market makers says individual short term traders add nothing to the market! LOL

These market makers need to look in the mirror! gee I wonder why NASDAQ is proposing fees for limit orders executed through market makers? maybe cus market makers don't like limit orders cus they can't make the spread? maybe cus from Wall St. to Main St. people are
realizing they actually can get a fill on a limit order using an ECN!

the projections are for ECN's to have 60% of Nasdaq trades within three years(currently 20%). I bet it happens faster.

The next time you're trading one of the "inplay" stocks look around and see if you see a market maker on the bid or offer. My guess is he will be 2 bucks up or down the pole.