PureBytes Links
Trading Reference Links
|
Mark,
Could you give your opinion as to the number of contracts (SP's) and the
size of an account in dollars that one should have to expect some respect
from the floor and to get good fills?
Thanks,
Tom
-----Original Message-----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Date: Tuesday, May 11, 1999 4:25 PM
Subject: getting respect off the floor?
>someone wrote me asking how does a small trader become significant enough
to
>get good fills and pay for expensive institutional data feeds.
>
>this is a dilemma, how does a little guy overcome all the injustices to
>become a big guy? it is not easy and it keeps most little guys, little
>forever. I personally came from a background of working for a huge trader.
>and I threw his weight around when I started, then I had to deliver on what
>I promised I could do. which was make money for clients, now they know who
>I am and I have some (not much) weight. but I know how the game is played
>and I know what I have to do to get there.
>
>many people say if you can make money then why not just make it for
yourself
>and forget having clients. well in good but I need volume (large numbers
of
>contracts) to get good fills. no one will ever take care of the one lot
>trader, or for that fact the internet trader. I have no clue how to get
>from one place to the other, it just came for me. I just wanted everyone
to
>know that there are some dirty little secrets in this business, and one of
>the biggest one is that a broker is your friend. stop trading or get sick
>and see how often the broker calls. mb
>
<Snip>
|