Recent content by trader1

I too am really upset about the loss of best ecn. It has been my primary execution option as long as I've used IB. I dont understand why in the world they would get rid of it, especially with no warning or explanation. Musicman- when the status goes red the order is automatically cancelled...

Thanks that did it.

Is IB frontpage down? I try to access and just get a blank screen. I have a seperate link to the account management page and that works fine.

I didn't say it was easy to do. It takes a very special kind of situation when there is panic selling and then short covering (or panic buying and profit taking). The most important thing to do is wait for the pace of the trades to hit almost a fever pitch where traders are just wacking ecn...

For pure scalping you don't really even need charts or setups. When I'm in a pure scalping mood, I just look for an escalation of the pace of trades. Then put an ecn bid or offer (wheather you want to get short or long) a bit outside the current market, going against the panic. You will...

I really need some clarification on this box rule. I currently own some QQQ's in one account that I'm looking to hold as a longer term investment but I also trade the Q's daily long and short in my daytrading account. Am I doing something illegal? In theory every time I go short in my...

Def, I just want you to know how much we appreciatte your work on this board. It's excellent to have someone from the firm actually taking suggestions from customers and running them up through to the programmers and management. I also want to applaud IB for being so open to it's customers...

The powermenu program does not in anyway change the operations of TWS. All it does is add another option to the right click menu to keep the window on top of anything else. You can turn it on or off as you see fit. Just click on anything in tws as you always have.

I also use that powermenu program to keep the ib window right on top of my Qcharts window. It's a very simple convenveniant program. As for TWS improvements, I think the account info is by far IB's weakest area. PLEASE get realtime updating to the tick. In a fast moving stock every minute...

I've noticed the same thing. The last few days especially Best ecn has taken longer and longer to just go live. The line stays blue for several seconds before turning green. I missed some good scalps because of it. That never used to happen before, the order would turn green almost...

Were not talking about phone brokers. I've used DATEK and a Realtick brokers and they both handled margin the same exact way. Releasing funds to trade with the day after you took a position, based on maintenance margin of the position held overnight. Then any position taken intra day would be...

But if you use the NASDAQ line will the route be supersoes or selectnet? IB really has to communicate better with it's customers on how things work. I think people here know more of whats going on then their tech support does. I tried sending them an e-mail about the margin question and got...

I dont think it has anything to do with daytrading requirement versus overnight requirement. If anything they have a daytrading requirement for everything. They are supposed to use MAINTENANCE margin to calculate buying power for the subsequent day after an initial position is taken. But they...

You're right the margin use at IB is unlike anything I have ever seen before. I wrote about it a couple weeks ago when I first started there. They don't use maintenance requirement to figure out your buying power for the day. They use initial margin, which is absoloutely ludicrous. I have...