MARKET ELIXIR REAL TIME DAY TRADING SERVICE

THE GANN SUMMIT August 22 - 25!

Day Trading strategies for a new millennium

THE GANN SUMMIT August 22 - 25!

Who’s Making Money Trading?

Out of the 2,000 or so proprietary trading firms here in Chicago involved in the financial markets in some way, can you guess how many make money by profitably trading the markets? Time’s up…we estimate around 40. That’s 30 names plus 10 that we allow for who are in the shadows.

Why is the number so low? One reason is that financial firms have been leaving Illinois and the eastern tri state area due to increased taxation and regulation. We know where they are going, but that’s a story for another time. But the biggest reasons why some proprtetary trading firms make money while others do not are glaringly obvious...

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THE END OF HIGH FREQUENCY TRADING?
Not to say “we told you so,” but we told you so. It was a matter of time before something triggered the next public outcry against high frequency trading, or HFT. The March 30th 60 Minutes airing with the whole workup about HFT after the interview with Michael Lewis about his new book on the subject, “Flash Boys” seemed to be the sufficient flashpoint…

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