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Stops and GTCs have nothing to do with each other. Stops are tricky, but GTC are not. GTC protects individual investors from moves after-hours. Most importantly, unlike a Stop, which is tricky because it is against the market flow (sell if price below, buy if price above). a GTC order simply...

I'm having trouble when using the IB Gateway in receiving market data for inter-commodity spreads (for instance, RB - CL). These are considered "Advanced Order Types" in TWS and to see them native in TWS you must check under "Features" in TWS Configuration. The setting is unavailable in IB...

No, I meant what I said. Market = $2.80 Buy order in IB system at $2.75 (protective stop for a long position) Market gaps from $2.80 to $2.70 Buy order remains in IB system, unexecuted. IB "misses" the gap because IB triggers the order in a way where the market price must be within two...

It's always been my understanding all bracketed CME orders on are held on IB's servers. IB can even fail to execute when the market moves violently. Their software requires the market price be within a few ticks of the limit. As an example, suppose Natural Gas is trading at $2.80 before the...

Wash trading is the most important predatory strategy for the HFTs. Those of you who continue to deny this are annoying.

Also, if you scalp every 100 delta, you actually spend the time between scalp long or short (going from 0 delta to +/-100 delta) at +/-50 delta by average. You need to let it "breathe" a bit more to make any money.

Sattam is a fraud and a scammer.

Gamma scalping is one of the best strats available for discretionary/retail traders. You need a robot for overnight, though, and you need to exercise a bit of discretion while "watching"- if a "half-scalp" is there after a tedious move, then take it. The absolute key is you must buy "cheap" vol...

The issues are margin, trading hours, market data fees, automated trading and options. Some traders are already on ICE (e.g., Natural Gas and Power traders) and it's more convenient to go ahead and trade Crude there. Also, and this is big, if you have spreads or cracks on. then you should stay...

That looks like standard Eikon. Is it Xenith?

Sorry to resurrect a dead thread, but volpunter is right- the market data subscriptions do not permit even a second user on the same account to view them simultaneous with the paid subscriber. It's one pair of eyes per subscription.

For those in Equities, an extraordinary piece making the rounds among serious traders: http://www.nanex.net/aqck2/4661.html

Zero-sum games don't pay deferred bribes like the HFTs do: http://blogs.marketwatch.com/capitolreport/2014/08/21/ex-cftc-commissioner-chilton-to-work-for-high-frequency-traders-he-once-blasted/

The irony, of course, is the CFTC doing nothing about why it's not a zero-sum game anymore.

This is an unusual card. Most credit cards promoting "0% interest" charge 3% fee to advance cash then require (only) 1%/month minimum monthly payments be made against the balance. OP's only charges a 1% fee but requires monthly payments towards the balance that are much higher it would appear...

The big-bank Analysts do a very good job covering these companies and if you Google well you can find their notes without paying for them.

Regarding, Scalperjoe's point about the Chicago firms, you'll be charged upwards of $2K/month against your PnL for the firm's "systems." Most of these firms are like taxicab companies- people don't understand the real business they are in (taxi companies are in the car leasing business, not the...

Refurbished Dell Latitude laptop with the docking station added in.

He bought at the bottom, absolutely. He found the stops.

Thanks for the ticks. He kept digging until he found them.