Recent content by 6pst6

Who besides IB offers bracket orders for equities? Thanks

Is this the norm now? Which companies don't do this?

Has there been a solution regarding the laser stops for scalpers? As I remember, the stop loss in level II had huge lag/slippage. The OMS stop was a bit better, but takes up to 30 seconds to set up...which is way too long. Any updates? Third party support to fix it?

You are implying that a "clockwork" system equates to every trade succeeding. A "clockwork" system could also be defined as something that profits regularly with low drawdowns.

Correct, not all retail brokers do it. I know Scottrade and Fidelity do. I don't think TDAmeritrade does, but you would have to check to make sure. edit: Another thing you might want to figure into your cost is the fills you're getting.

Some retail firms charge extra for orders over 1,000 shares or to trade stocks are under $2, OTC, etc. ex: $9 per trade, with an additional .01 per share for any share amount over 1000 or stock priced under $2

Lightspeed for speed/reliability. Charts aren't great on either, Sterling has a slight edge.

http://www.lightspeed.com/?page_id=5061#tabnumber7737

The strategy wouldn't be share heavy (max 400, more than likely ~200) with several dozen open positions at once. Partial fills and averages won't have a large impact and are easier to calculate.

Thanks for the reply. Yeah, I was thinking that even if they tripled the ECN cost per share...I'm still talking pennies. Getting worse fills makes sense, and would makes for an even better forward test as the results really need to stand out to make up for it.

Is there any ECN that will allow 1 share lots to forward test automated strategies for realistic fills or is considered taboo?