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Just trying to follow the math and got stumped on these equations til I noticed you used AW = 500 rather than AW = 600. If you use AW = 600, Epf = 6. But if AW = 500, Epf = 5.

For stocks with daily volumes of 100k, I doubt you will get hit 90% of the time. I would say 50% max. For more liquid stocks, your rate would probably go up but probably not to 90%. Why don't you try it and see? You could also try sending your market orders in at 3:59:59pm EST for Nasdaq...

I see this on IB's website: .3% is a little more than 3 ES points right now. How long does IB wait to resubmit their order at a less favorable price if it doesn't get executed? Thanks.

In terms of market orders, it doesn't matter what you send in. Since you aren't in the queue, a market order will be just as effective as a limit order. If the price moves really fast away from you and you really want a fill, a market order will eventually fill. There might be a chance that...

Never looked into it, but AMEX is known for holding onto orders too long, taking too long to cancel orders, and not filling orders in a reasonable amount of time. I would think any arbitrage opportunities there are are just phantom ones - they are suckering you into routing to them so they can...

What is really irritating is that if you look at the rules that cover trading in cash accounts, nowhere does it prohibit daytrading. It is like people suddenly decided to make up a new rule and they didn't bother to put it in writing.

Can you give a specific link to something that says it is free? I used to use DialPad because it was free but I stopped using it when they started charging. Thanks.

Do you have the "Create Audit Trail" option on? Did this give you any idea what happened? Did you call IB to ask them what happened? Is there a possibility that NT did not work? One other thing, the change in color policy that IB decided on would not have any effect on whether an order...

I am not a customer service rep so I don't have to abide by the above. When I see somebody going overboard on harshness, I call it as I see it. The fact is that IB changed their policy on what the meaning of the colors are. There are good reasons for doing this. There are also good reasons...

With your attitude you should be grateful for getting any responses at all.

Are you so sure that the order is not working on Globex? It could be that IB has changed the meaning of the colors. For example, blue just means that the stop hasn't been hit yet. Green means the stop is hit and is actively trying to get filled.

Yes, as long as the order is routed through SMART.

I shift enough profit from Form 4797 to exactly cover the expenses of the business. So I always report $0 as the total income from the business from Schedule C. I have heard that the IRS looks more carefully at returns where businesses show losses. By shifting the income from Form 4797 to...

You have to include an extra statement sheet explaining why the totals are different. Your mark-to-market form should reference this extra statement.

KLAC earnings?

The thing is, I'm not sure it would be any different at any other brokerage. I.e., it isn't IB's fault that the trade got busted. They are told that it is busted by ISE and they are just relaying the information to you. At least that is what happens with ECNs and equities. That is why it is...

I have experience with busts on equities (not options). Generally it is out of your control and IB's control whether a particular trade gets busted or not (at least it is for equities). However, if IB seems to just accept the bust without arguing your case, then I would at least send an e-mail...

I don't see deflation where I live. Just doesn't jive with my daily experiences.

If you are providing all the relevant details, then it is a mistake on IB's part. You need to continually pressure them til they fix it. Write an e-mail a day til somebody gets so annoyed with you that something happens. This technique works for me.

The share price will decrease in proportion to the dividend paid?