yale hirsh's stock traders almanac shows that day
as the one most likely to be a down
day for the SP500 and Nasdaq.
IT DOES NOT STATE HOW MUCH % wise a down day July 18 has been historically , just that it closes lower ...
:cool:
try to use the 1 Percent hot setting in your TWS " 1 "
that should prevent major foulups ...
who knows .... their might even be a way to set it at 1/2 of 1 %
with getting quotes and charts today for stocks real time
but did have problems yesterday afternoon
I use the basic subscription ... $9.95 plus exchange fees per month
I try to keep my daily and monthly
on a Zip Disk ...
and have used a software package with some success
called GTT Tradelog
I do not love it but think it is worth a look
good luck
if you have a systematic approach for daytrading
that tries to get most of the daily high / low
you might do ok but I found the spreads
too big for me in mini dow
in my opinion ....
if your commissions are low
you should consider either
es ( mini sp500)
or...
Friday
I know it was an early close ... but some sort of data feed error
probably caused this ... think I read somewhere trades done earlier that day were posted after the close for closing price in some issues on some quote vendors
guess I will go to the NYSE website and copy down the...
know what the overnight levels
high / low
were on nasdaq and sp500 futures
on days like today ... one can get hurt when they
are broken and you are fighting the intraday move
alone ... no prop firm
I agree with the P+L swings ... they can change my mood
if I make 3-5-7 % of my trading cap in a week ...
I feel great ... if I have a losing week that approaches
a good week in % loss ... I feel like I should stop trading
and get a real job.
well so far ...
I think putting too much of ones account into one position
is too risky unless you have strict Money management rules
like get out at end of day or $ or % loss get out rules
good luck to you
< it does give you an indicator premarket. >
hmmm ... does the indication for a stock that is not delayed due to order imbalance show up on open book between 925 -930 am
EST ?
I use IB for my daytrading scalping
what might I ask are you and your fellow traders charged
for commissions for 100 shares , 1000 shares , options etc ?
Are all of you retail specs or part of an LLC ?