Recent content by zcar

  1. Z

    Interactive Brokes Traders - Please vote

    Bullets would be a great tool to have with IB. Many that trade Nasdaq listed stocks that only need an upbid, e-mini's, ETF's and other instruments may not need them or don't care for them. Anytime that one group of traders has a tool that another group cannot use then an edge is formed. So it...
  2. Z

    GREED in Trading

    From back in the old fraction days: The last eighth or tinnie are the most expensive ones. It's a delicate balance between maximizing profits and maintaining prudent risk control.
  3. Z

    Are you ready for this....?

    teachers is experience. How do you get it? by doing it the old fashioned way: trial and terror. passion, discipline, getting an edge and exploiting it, helps a lot.
  4. Z

    How do you handle a Trading Error?

    Simple: GET OUT without second thought. Reason: the trade was not part of your plan or setup to start with. You wouldn't be in it in the first place. No reason to stay in it. Plus cost of opportunity and time wasted on monitoring and managing a mistake of trade. Profitable or not is not...
  5. Z

    US SEC clears last hurdle for single-stock futures

    no solid answer yet. Can anyone confirm if the the underlying stocks will not have to obey the uptick rule?
  6. Z

    Closing my IB account

    IB does a great deal of institutional and program trading. It will be interesting to see if and how the other customers besides retail were affected. Are they on separate server farms, backups, connections? Anyone knows?
  7. Z

    Interviews

    Just call them up and ask. The main objective is to feel comfortable, assertive, and a good communicator. All else usually falls in place.
  8. Z

    Bullets at a Retail Firm?

    An edge, in this case bullets, is only helpful if few have it and many don't. Making bullets available to all may reduce the effectiveness. However; it would be great if IB provides bullets at a competitive cost structure and ease of use.
  9. Z

    Any self-sabotaging self destructive behaviours?

    --- When you find your self in a hole, Stop Digging --- Close positions, take a break, go for a run. tomorrow is another day. Revenge trading can be hazardous to a trader's financial health. Not as easy, but one of the requirements for longevity in this business.
  10. Z

    What kind of Training did everyone do when they Started Day Trading

    the market itself. It is there everyday. The losses and mistakes are the lessons. One either learns and graduates, or keeps on paying tuition and retaking the class. The basic objective is to have enough money left after taking all these classes, so you can go ahead and trade consistently and...
  11. Z

    How do you close a losing trade?

    VERY FAST. The trade is not doing what it was supposed to. Hit the bid, cross the bid, sell at market. When you want out - you want out.
  12. Z

    What happens when you reveal your true identity?

    I usually reply: I'm in business of sort term managment of capital assets. Most of the time, no more questions
  13. Z

    OPG Orders

    Do you know if the uptick rule will be eliminated for the participating stocks on the corresponding SSF's ?? TIA
  14. Z

    Anything new with SSF's??

    Interesting.. Editing a post doesn't place it up on the display list.
  15. Z

    Anything new with SSF's??

    Thank you tom_p I was actually interested on the repeal of the the uptick rule for the participating stocks. The articles indicate no uptick for the SSF's but no mention for the corresponding stocks. If anyone has a referring link it would be much appreciated. TIA
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