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Full time retail for a year. Part time +10 years. Sole prop. Use IB as main broker, Tradestation for technical analysis and back-up. Trade mostly index options, but also equity options, futures and futures options. Style is position/swing trader. A year ago, I was doing marketing for...

Does anybody know why there is no trading on OCT QM? SEP QM expires this Friday and normally people start to roll over their position in the last week before expiration. IB told me they checked with NYMEX and the OCT QM only starts on Friday...supposedly this has to do with the QM migration...

I guess I was right using TS for technical analysis (and time&sales book) and using IB for trading... Lately I started trading TS on a small scale and noticed that after I close a long option position,my buying power does not update immediately, but on the next business day. I called customer...

I just now moved from TS8.1 (build 2172) to TS8.0 (build 1869) and here is how: When I upgraded to TS8.1 (exactly according the upgrade instruction from TS), the TS8.0 icon was left on my desktop. I ran it (with TS8.1 closed). I got a question "do you want to make 8.0 your active build?" I...

I also use TS for charting and IB for trading. I considered trading with TradeStation, but several reasons convinced me not to do this. For example: TS has an inconsistent delay of market data for the symbol SPX (S&P500 index) of between 1 to 30 seconds (relative to IB) and sometimes they...

Regarding 2% "only". Economists believe the "fair" revaluation should be 15%-40%, but China would never rattle the international markets by making a huge move all at once. This is bad for everybody. I think there will be growing pressure on the Yuan to revalue much further and this will...

You probably mean QM mini-oil on NYMEX. It expires today. Check NYMEX site for details.

Your stop order becomes market order if your stop levels hits to bid. If you want to get out at your stop level, use a stop/limit order instead and make the limit value equals to the stop value. Of course, you may end up without a fill at all if the market moves quickly. Alternatively, you...

If all you want to do is to lower your correlation to S&P, you can trade e-minis against your portfolio, or if you like options, you can trade the SPX index options, or SPY options both are quite liquid. Tip: PUT options are a good VIX play, because as you must be aware, VIX is negatively...

I'm not an authority on this issue... I'm sure the list of options may be found on the CFTC site, but I don't have it. It is definitely SEC limitation not IB. I don't know what are the penalties

Have to say I never encountered what you guys report. I have option trader open all day, every day.

Nothing unusual...Look at VIX chart...

IB's Commission will be higher above 28 options...but what if you get partial fill and the market moves and you need to update the limit? You'll have to pay the ticket fee again with Fidelity and not with IB. There are so many more reasons to use IB for options. I just suggest you read the...

See relevant cftc page: http://www.cftc.gov/opa/backgrounder/opapart30.htm There has been much discussion on this topic on ET in the past: http://www.elitetrader.com/vb/showt...?threadid=22295

I also trade primarily options with IB and I'm very happy. The platform is very stable, fills are very good and fast and commissions are the best. There are many options markets that trade in the pit, but also electronically side-by-side (SPX in CBOE and ZN in CBOT if to name some...) I use...

TauTrader, You may overlooked IV (implied volatility). IV is far more important in option pricing than interest rates. As you know, IV is different for CALLs and PUTs. It also changes dynamically. CALLs IV is usually lower than PUTs IV. I believe the reason is that commercial traders use...

Fidelity has ticket fee of $8 plus $1.5/option. IB has $1/option with no ticket fee. There are other lower cost brokers, but I selected IB and never regret it. The features you mentions seems like industry standard.

Ensign looks nice, but according to their site, they don't support FOREX and they don't mention options. TRAD have "time and sales book" which I find a great tool. I use TradeStation for over 10 years and I can program about anything on their platform, which is, BTW, extremely robust and...

I do TRAD for charting and IB for trading. I think this is a winning combination. I use IB DDE API interface to excel for monitoring/money management only, but it can be used for trading from excel as well. If you can interface TRAD to excel, you can close the loop. personally, I wouldn't...

vhehn, This is a great initiative! Last year was my first year as a trader and I was clueless. On April 10, I almost signed my tax return made by my regular CPA, when I "stumble" across Green web site. I downloaded the tax guide (~$50) and immediately understood how ignorant I was in...