Recent content by fredz

Where could I daytrade Chinese stocks?

People have been recommending FXCM to me. Would this indeed be a good broker (for Mini-accounts)? Any other / better suggestions (in US or Europe)?

Hi, Probably a "newbie" question, but still. I have read a few books and still don't get the difference between a market maker and an ECN. Is an ECN (sometimes?) a market maker, or the other way around? Why would a daytrader use a market maker at all? Thanks

Well, thanks, but I want to that same chat and the person told me, litteraly, you can do as many trades during 3 days in a 5 day period. If I was sure, I wouldn't have asked...

I'm sorry I mean realfasttrader.com and they are a stock broker...

OK, but why dus realfasttrader.com allow ANY number of daytrades but just for 3 consecutive days? Does that mean they (realfasttrader) monitor this, and not some kind of organization (NASD or what are they called)? I don't understand why there's such a difference between IB and realfasttrade...

Someone told me, regarding the pattern day trading rule: "You can day trade on 3 out of 5 days, what or how much is up to you". IB only lets you do 3 day trades in 5 days. So is this still within regulations? I would just be able to day trade 3 days a week then until I have $25k...

I agree that a separate program really is the only good solution, but I find the IB TWS poor (interface) in comparison to other software-only solutions. But it's the cheapest of course...

Is IB a real direct access firm? Their prices seem SO low in comparison with other direct access like tradestation.com . Are Cybertrader and ameritrade comparable? Also, is there a way NOT to use the Java interface, I really don't like it... Thanks