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One needs to be more specific. It depends upon the instrument. How much action, how regular the action. E.g. some US stock versus ES futures will have a lot of difference because ES is traded world wide. Look back and see how much volume there is AH. A small player can move a thin volume.

Animated Gif analogy: What I thought my strategy would be. What it ended up as

RB and LF, Advantage would be lower commissions and better execution. The latter is more complex to evaluate. Don't get me wrong, I like and use IB for over 25+ years I think. I was using Pacific brokerage before they were bought by IB back in the 90s. In general, my needs are pretty...

There is a lot more to do. Think of it as you just built a race car, your first. Now it is test drive time. Then a mock race or 20, then your first race. You need to integrate your execution tactics into the strategy. Then plan for all the conditions the market will throw at you besides...

Thanks Robert of the responses. Two comments: 1) as for rebates, I am not knowledgeable about it, first hand or otherwise. I was just asking. 2) 2.54 per contract, all in, is a bit higher than IB at 2.10. Not a deal breaker but not optimal. The 3.00 quote comes from a footnote on EZ EMS, on...

I do like owning the software versus subscriptions. Old school I guess. Who would you recommend to use Multicharts with as the broker? This is for trading ES only and somewhere between 50 and 100 round trips per day with a 2-6 contract orders. Thanks MB

@RobertMorse Can you confirm using LS using Eze EMS (light), for a executed trade that is: 2 contracts of ES the "ALL IN" commissions would be the minimum of 3.00 USD per trade? Are there fees for order changes? Are there rebates for adding liquidity? Thanks RM, and feel free to PM me.

Hi All, I want move from IB to another platform with better execution and or commissions. This is for ES only. (I will keep IB as a backup and for other trading strategies). Lightspeed via Lightspeed Trader, and eFutures both have 1 minute charts as the smallest. Other Lightspeed platforms...

Which ones are actionable?

Best of luck going forward. If you are interested in automatic trading, I would recommend, manually implementing the trading tactics using strict automaton steps. It should be easy enough to follow a set of algorithmic steps manually. You will find that most of the obvious and easy...

Yeah to Maxinger. a four tick loss plus spread and commissions will add up quickly. So really he is talking 5.3 tick loss to a 0.7 tick gain. What could go wrong? 2 ticks imo is too small because you pay 1 tick for entry and about .3 ticks in comms. Absolute percentages matter.... Also...

Correct. It gets more interesting when you are base cash in CAD and buy USD based stocks. There you have two exposures, the Stock and the CAD-USD rate, plus you are on margin for the USD you are borrowing. BTW: since you are at IB, note if you create a virtual FX position with IdealPro, you...

Assume shenanigans will happen around S/R and adjust your tactics to take advantage of them.

To avoid margin interest when you borrow in a currency, versus purchase the currency. Also the futures for small players is liquid enough. But to be clear, I rarely use it because the 100K notional value is too large.

It sounds like you are looking for long term advantage. Personally I have been in and out of CAD from a USD base for property transactions in CA. IB is a good way to do the exchange. (wires are a little tricky though). CME CAD/USD futures or options variants are a good way to hedge. They...

There are usually some tell tail signs that it is not a good day. E.g. for me and my tactics and system: Too many scratch trades (as a percentage of Wins) -> Poor entries/exits Total win and losses in points or dollars is 2-3x daily goal -> Churning Missing big moves from an early exit ->...

Roger that. Sounds like just a lapse. Got to hate the revenge mode! It sounds like what I said to a Dentist of 35 years. "You can be a good-great Dentist, but you can still make a mistake, like you did on my tooth". Funny it was also a "revenge mode" dental maneuver. Speaking of...

Being able to calibrate absolute dollar amounts is as important as the desire to have good trade execution. By most standards, under 1K is small, otherwise you should not be trading. That was a cheap education. Couple of months in a room, a 27" UHD upgrade, etc. The fact this threw you...

Worm-able Wi-Fi exploits Air Drop feature.. Project Zero: An iOS zero-click radio proximity exploit odyssey (googleprojectzero.blogspot.com) If you think this is fixed and done, and nothing else will come up... carry on....:)

Yes the MSI Raiders, GT, etc. have HDMI and DP, and you can hook both up. A scenario would be a 4K monster on DP and a 2K 34" on HDMI. And the Laptop screen. Total 3. One has to double check the DP and HDMI versions because they support different resolutions at different refresh rates. I...