Recent content by EconomicHitMan

I agree. But, I have been preparing for this. I have been messing around with their platform and website for a few months, but nothing in depth. I will really get into it with my paper trading account first. Seems like a good time to take a breather since market is correcting anyway.

For now I am using IB, but I am currently playing around with Multi Charts and really like it. But, I also really like Worden Platinum. I have been using freestockcharts.com, which is a free version of Worden and I love their interface and ease of use. But, Worden Platinum is $80/ month and...

Thanks. I tried to start the paper trading account, but it still hasn't gone through. It's been a few days.

What are some of the first things I should do? What should I do to get familiar with the interface. Any tips, tricks etc...

I couldn't agree more with this. Especially when they are young. I'm sure Sanchez will be fine money wise and legally.

What do you mean am I kidding....I agree with you...I said if you use margin then it's an easy choice to use IB because their margin is multiples lower than anyone else QUOTE]Quote from tickmagnet: You kidding? IB's margin is around 1.69% , that's some cheap money my friend, next to TOS...

I'm opening up an IB account. Just curious, if it's stupid why would you do it?

Their fees and margin are far too high. If you use margin it always seems a certainty to use IB as your broker.

I was actually looking into that book. But, I was leaning towards Options as a Strategic investment. I thought that was the "Bible" for options. Now I'm confused. I don't want to have to read more than one book on the same topic with the same basic material. So now the question is Options as a...

You are right about options possessing different characteristics. I know their basic concept, but I do not know them nearly enough to dare trade them. The formulas remind of college Calculus. Sometimes that scares me away haha I've heard of the iron condor strategy for options, but you have...

I am still very impressed by TOS and LightSpeed. But, it seems IB has the best price/ execution/ data. The only thing they are missing is a good platform/ Charting. Since, I mostly trade Equities I think I can survive with their platform and just use something else for Charting such as Worden...

Lee, Thank You very much! You have been most informative. In those two paragraphs you have taught me more about futures then I ever knew. You gave me all the right answers and have peaked my interest into trading futures. I am still getting down everything I need to know about Equities...

I have to agree with this guy 100%. The other guy just got owned!

It seems most people are basing their replies on their experience with trading futures. I trade strictly stocks for now. Is there a big difference in how broker and platform needs? Also, why is that most people who consider themselves more of a prop trader tend to trade futures? Or so it...