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  1. K

    IB's Level II quotes

    I've got Level II on the stand-alone. Remember, it's only the top 50 stocks or so on the Naz. BEAS is showing L II for me right now in pre-market.
  2. K

    IB charging exchange fees

    I think wireless is carrying the primary issues that need addressed. Getting the IRA opted out would help a great deal, or at least let us apply trading commission volume from our non-IRA accounts toward the IRA...and hopefully the spouse's IRA since I think most here trade on the spouse's...
  3. K

    Who needs a prop firm?

    You're a good man, Tony Oz...and you deserve every penny. Enjoy! It is sad we get to spend such a short time here on this earth. :D
  4. K

    IB charging exchange fees

    The statement reads "per customer". I guess that doesn't mean per account. So if I have an IRA, regular stock'n'opts, and a corporate account where I am the authorized trader, I should only be charged one fee? Would the fee also be based on the aggregate commission volume? For instance, I...
  5. K

    Who needs a prop firm?

    andrasnm, You'll lose this one with these guys. It does depend on your setup. I don't count the internet connection (as an expense) because I would have that at home anyway, or the desk, or the food I eat during the day. These guys talk about being "surrounded by other professionals"...
  6. K

    A question about using a Stop Order Loss

    It might also help to think of a stop as a fixed place in time/movement. An order is an order...whether it be a market or a limit order. The order does not become an order until the stop is hit. You can only BUY or SELL and there is a LIMIT and a MARKET order. Everything else is a...
  7. K

    Who needs a prop firm?

    Careful guys...Don't make too many comments against prop firms on this board. I made a similar post (along with someone else) about prop firms over on Don Bright's thread and they were promptly deleted. It wasn't even negative, I just said that I was making plenty swing trading from home...and...
  8. K

    Listed Stock Trading

    IMO, it depends on the specialist. These guys have different styles and methods of accomplishing what they want to do. On some lighter traded issues, I can sometimes tell when the regular specialist is out sick or out to lunch by the way the stock behaves. It sounds like you know the game...
  9. K

    Who needs a prop firm?

    I'm with you top gun. I make six figures in my jammies too, trading retail. Now that I have IB and can scale in and out with a 90% commission reduction, I'm gonna really roll. Swing trading with a POS QCharts feed and some backup real-time options quotes...$100 bucks a month, total. These...
  10. K

    Bulge Bracket to Prop. Questions

    I'd like to hear about clean up prints from someone who's done a few...if you don't mind. That's always been a favorite setup of mine. Thanks
  11. K

    interpreting block trades

    IMO, it IS about supply and demand. The problem with today's level II is that you do not know how much supply there is. The demand can be seen by the prints. I have seen INCA (Instinet - mostly institutional trades) sit on the inside bid/ask alone for weeks at a time showing 1000 shares...
  12. K

    IB improvements

    tnteo, On exporting executions, I'd suggest making it an option on a menu. One of my IT specialties is designing efficient user interfaces and if there's one thing I've learned, it's to keep the OPTIONS open. Giving users the ability to customize rather than forcing certain behavior is...
  13. K

    Is IB Order Cancel really slow?

    I agree with these guys, my experience has been that cancels work very quickly...with the exception of some NYSE and option orders. In those cases, the exchanges themselves are usually the biggest holdup, especially with lightly traded issues. I would make sure she was running the latest TWS...
  14. K

    Should I make the switch?

    Getting out of IT for a few years could be costly too. The stuff moves quickly and you have to stay in touch...unlike fishing!!! On your options question: I use options a great deal to hedge positions. Most of my positions that are over $10 are combination positions with options to hedge...
  15. K

    Elite Trader is not IB

    I'm with Magna here. I started the "IB appears to be down???" thread last week and may have started another one a while back. Last week, within 10 minutes I knew that the problem was virtually worldwide when I could not get through to IB on the phones and the website was down. While it may...
  16. K

    Should I make the switch?

    Tradervic, Personally, I would start PT and swingtrade with IB. If you can check your holdings and make adjustments throughout the day, you should be in good shape. It doesn't take much, just a few minutes every few hours to check in and see where things are going. I started FT making 6...
  17. K

    357 % return on an annual basis

    I haven't done the math on it...like I said, I read it here. I can find the link if you like, I don't know if it's true or not. I will say there are a lot of guys with 10K accounts who lose most of it and a few guys with million dollar accounts. Given the stated odds of some recent articles...
  18. K

    A Datek's Deception??

    What's their web address? Do you use them? Whaddaya think?
  19. K

    357 % return on an annual basis

    Magna, I think that was Warren Buffet who said that. "If you play poker for half an hour and you don't yet know who the patsy is... it's you." I could be wrong but I think it was him. Dufferdon...I have a theory about that. It seems that daytrading is drying up as an attraction. It...
  20. K

    A Datek's Deception??

    Haven't tried AFI. Do they have a free trial?
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