Recent content by zcar

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...

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.

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.

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...

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

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?

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

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.

--- 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.

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...

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.

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

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

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

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