Search results

I'm a IB customer who is about to start trading futures as well. This is what I know of: 1. IB's commission rate for futures is $2.40/contract. 2. With IB, $3500 is enough for day trading one ES contract, however the overnight margin requirement is $3563. 3.The pdt rule does not...

I love trading (that's why I'm here), but my (day-job) boss tells me trading does not produce anything.

This indeed will be very interesting to me. Given long enough time horizon this will show how dependent/independent money management rules are to entry points. Damor, are you going to let us know what the "fixed profit target", "timeout stop", and "stop loss" are? Thanks, xje

I agree for the most part, but one thing that I don't understand is why IB has to hold a check deposit for 10 business days (2 full weeks). My other brokers hold for only 3-5 days. Perhaps def can help explaining this. Also, IB does not pay interest on $10k in an account- a drawback for long...

Actually it's more than "a few trades". If you have spent $30 or more on commissions, the data is free. Otherwise, you have to pay the $10 minimal in addition to commissions.

I only know QUOTE.com provides these quotes for paid subscribers. Anyone knows any other sites? Thanks, XJE

Hi def, Thanks for the information. I checked my account statements and IB's FAQs after reading your post, and realized that there were indeed execution credits applied against my cancellation fees. I didn't notice this before because IB's statements do not separate the two items. Now I...

Hi, I wonder if any of you have used the 21st Century Futures Morning Call service in trading ES? I've been paper trading with this daily newsletter for a couple of months now and found its calculation of the market quite accurate. I plan to start actual trading soon and would love to hear your...

Thanks for the reply, def. I'm not sure what you mean by "there is a credit for executions". I haven't noticed a credit in my account for option executions.

that my other brokers don't? I've got charged many times by IB now. For example, if I set a stop limit order after entering a trade, I had to modify or cancel that order when I exit the trade. Then I got charged for canceling. I wonder if this is a catch for IB's low commissions.