Recent content by staq

I have been trading Forex currencies for almost a year. I do also trade stocks and futures. I think Forex currencies do have a lot of advantages; however, it does not matter what you are trading this business is difficult. And it is my opinion NOT to pay large sums of money to attend...

When viewing market depth of a particular stock in IB, I add a sell order to a position I currently own(long). It is not the best price but better than some on the depth window, but it does not show up. Does anyone know why? When I trade futures I see my order at times...when I'm the only one...

I believe you would have a margin call and your position closed out. Interactive Brokers intraday initial is $1249usd, overnight initial is $2494. I would be carefull carrying over a position overnight because each tick is $12.50, with an account size of $1400. STAQ

I have 3 different forex accounts and if I was to choose the best of the three I would have to say Oanda. Reasons: 1) Tight spread 2) Although higher spread over the weekend they do allow trading. This allowed me to get out of a short USD position and turn around and go long USD on...

What is the difference between the Interactive Brokers Market Depth box and Level II quotes? In addition, does Level II quotes exist for futures, ETFs and stocks?

What about the PDT rules when trading ETFs? I can't find anything in regards to this issue. I assume that they fit under the stock PDT rules? Are there any futures contracts that would fit the bill as far as working with a smaller account. I'm aware of the NQ and ES but even the mini's seem...

I think the SPY would be too much $$ for my account size that I just opened at IB. Correct me if I'm wrong, if I bought SPY 100 shares at 108.30 (todays price) you would need with approx 5400+ using margin. I opened the account with 5k

Are EFTs immune to the daytrader rules? Can someone give me advice as to which EFTs/futures are good to swing/daytrade trade with a small account($5000). My thinking right now would be to swing trade 100 share lots of sector based SPDRs or QQQ. Any recommendations are welcome. I do...