This is all true. And every broker has different initial margin amounts. Fine. IB needs to change their initial margin amount then. There is no other broker, with an initial margin amount on a contract set at $1,000.00 who says you can't trade the contract with less than $2,000.00. Risk...
Sorry again Def, I know that stuff like this is not your call but...
What your describing is something like this, I want to start trading with Bright Trading. I need a initial deposit amount of $25,000.00. Fine, I am then allowed to go and lose the entire amount. What IB is doing would be...
This is ridiculous! Oh, now it's IB job to tell traders what they should be trading with the amount of money they have! Why do the traders at IB put up with crap like this? If you have a $1,000 account or a $100,000, as long as you have the initial margin you should be able trade. What is...
Tape Reading Techniques, sounds interesting. There is never any good books dealing with tape reading. I'll be looking for it. You think you will offer it on the site when it comes out?
Sorry for taking your thread off topic Gordon. I'll stop.
I'll show up tomorrow Allen. I find your style very interesting. You trade the way I would like to trade. Unfortunately, I can't seem to hold my potions for more than 5-5.5 points max. This causes me to take around 10 trades a day. 2 points here 3 points there. Like today, I was short...
Download QuoteTracker version 2.5.0d. It is their bata and it seems to work good. Good luck using IB's data. Unless your not a big tape reader then I guess it not that bad. I just got use to watching a fast tape with esignal and to go from that to IB's feed, I can't do it.
If you are switching from Datek to IB you are doing yourself a favor. IB is a much better broker than Datek. That is why I'm surprised at how bad their data feed is. It's really slow. If you were going to switch from Datek to IB here is what I would do. Use Datek's funds now (I think that's...
I really don't think that it's my computer. All of my other data feeds work fine. (Datek and esignal) I'm not a huge tape reader but come on, it needs to print something! If it refreshes every second then why (over the last few days, that's when I started looking at) have I waited 30 seconds...
Over the last few days I have been comparing IB data feed with Dateks data feed. What I have found is that although IB is a much better broker their data feed sucks. I have posted a picture of the QQQ time&sale. (We all know that the QQQ's are a very heavy stock) The tape on the left is with...
I don't trade Quah's system but if I did I think the best way to place the orders would be with AutoTrader (integrated with TWS). That way all you would need to do is pre-set your 1 point profit and 1.25 stop and then you just need to click one button. Once you get the open price of your bar...
Mesa is about, oh, 40 minutes to an hour away from the base. Your out on the other side of town. You would need to take the I-10 east through Phoenix, Scottsdale, and Tempe. Then you get out to Mesa, Gilbert, AJ, ect....
I was thinking the same thing. Just one or two large-cap stocks should move their Narrow-Based Indices very nicely up or down and cut out some of the chop.
Can't wait.....