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This is a great question. Obviously any Pro Trader using the API... Would want to know if a stock is shortable and how much available. Is there a way ??? Or do people have to code bandwidth hogging kludges... Like sending many "probing orders" away from the market... In order to see...

Yes. One of my accounts keeps disconnecting since Thursday... For a total of about one hour of downtime every day. A second account stays connected normally. The problem does not seem to be at my end... Since the problem can be replicated... On different machines, different TWS...

That is the ugliest and most bizarre web site that I have seen since the 90s. The guy needs to have his medication adjusted.

Markets change all the time. Look what happened to NITE with decimalization. Specialist firms are all down 80-90% in spite of owning all that NYX stock. IB, meanwhile, has been almost completely unaffected by industry changes. The thing about IB... And what makes them similar to...

This is a great insight. It is true... with very few exceptions. Automation only ** increases productivity **... So one can take an ** existing profitable manual strategy **... And ratchet up volume and profits. But if you do not have a solid, profitable strategy to begin with...

I agree with this. 90% of hedge funds are designed to be pure "skimming operations". Just start 10 very cool sounding "hedge funds"... Bring a "name person" on board... Then follow Strategy A with 5 of them... And do THE OPPOSITE with the other 5. You will make a killing with the 5...

Actually... imo, it's the opposite. Pros are EXTREMELY good at limiting their losses. Anybody can play a winning position well... It's managing a bad situation that differentiates Pros from the rest. In poker... The WORST hand is the ** second best ** hand at the table. A top pro will...

Pros never make the BIG mistakes... They just sometimes trade sub-optimally. Also pros understand the CORRECT market fundamentals... As opposed to ** widely held erroneous beliefs **... And therefore operate within a very sound framework.

This is the one. If you don't make the concepts in this book ** part of your DNA **... Nothing else will matter.

Actually... Money is not even the #1 objective of trading... Though social status and income have a high correlation. Many traders are non-conformists... In the same sense that most artists are non-conformists... And cannot handle the idea of being a Corporate Serf. I would rate the...

"we lose about half the first year" "by the third year, everyone is pretty much making money" This is not exactly hard information... But read between the lines... And Mr. Bright's numbers tend to support the 5% figure. A successful trader IS NOT "pretty much making money". The...

Out of 67,125 members... You are The One that answered my Love Call. Here's a very special thread for T280 from 2+2 Poker Forums: http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=9218447&an=0&page=0#Post9218447

To use my business as an example... Which I consider to be a "small business"... (Low 7 figures in Net Capital, mid-6 figures annual income)... My financial statements are ** audited ***... And I have to file 3 different returns... At 3 different times of the year: (1) A Limited...

If you were running a serious business... You would not have the time or tax expertise to file your own returns. Also... I'm on my 5th or 6th accounting firm. None have been dishonest... just less than competent. I'm sure the IRS will audit small or marginal accounting firms like...

Here's a criticism of IB. I get roughly 200-300 dividend payments/year. IB pays dividends late a lot... Perhaps 20-30% of all dividends are paid 1 to 20 days late. This is unprecedented in my 13 years experience with roughly 10 brokers... And is so ** incredibly incompetent ** on the...

Is there some reason I should care what you... or anyone else at ET thinks? That said... I used to criticize IB a lot... And now defend them more often... Because the vast majority of criticism directed at IB is by clueless, low volume amateurs. For example... With today's...

Are you implying that a Specialist or MM... Would step in front of a speeding train... In order to mitigate a Crash?

Actually... Chinese kids notwithstanding... The whole "Savant" thing is just a Trojan Horse... To get big, warm, fuzzy, idyllic article on Gay Love into print. "It just comes to them... That's why he's Electric... He could be the Rosetta Stone." I'm relieved that a Professor from...

I don't get this at all. Even a small firm can do million trades/year. The IRS is not gonna go through a million trades... They will just trust your statements and your accounting firm. Business 101 Use a reputable accounting firm. The IRS will never audit you... Because it's a...

I don't quite understand ShredDog. I do > 300 trades/day... And the execution exchange is shown for each trade... As well as commission for each trade... Though it is not broken down beyond that. Specifically, why can't you reverse engineer and see where you costs have gone up...