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Does anyone have experience using the auto execution feature on Virtual Trader? (Or Front End, or whatever they're calling it this week) From reading up on it, they make it sound like the executions are pretty much instantaneous.

klaorman Yeah, most brokers I've dealt with simply won't let you buy more than your margin amount. I've had about 3 margin calls with my Redi broker. They explained it had something to do with my Reg T buying power, which is roughly 4 times my account size. I never understood that. The day I...

So it doesn't freeze on you or anything? Were you trading with it fairly regularly before using Graybox?

I've heard this idea brought up several times, but I never fully understood it. How exactly do these stocks follow the futures? I mean, do you look for technical patterns on futures charts? Does this 'following' last just a few seconds? Minutes? Do you need a voice feed of the pit to benefit...

Actually I made $50 profit, but I generated a margin call since I only have $25K in that account. Are you going to look for greener pastures if their software doesn't improve? I plan on evaluating whether to stay with them at the end of the month.

I haven't heard any talk on Tradescape lately. If you are using them, is their reliability improving? I'm going to keep their software running in the background for a while just to see if it freezes or crashes. I normally wouldn't consider using them, but my quest for a reliable broker with a...

I spoke too soon. I just came back from a break and my level 2 is frozen. I just switched to RQ. Let's see what happens. How do you refresh your data? In the manual it says to go to your position box and hit ctrl d. That never works.

My quotes seem to be working fine. I've been using GQ. I haven't been trading yet; I'm scared I'm going to hit something and place an order. (I inadvertantly bought 1500 JNPR the other day, and that was when I was on the phone with someone showing me how to place orders.)

They agreed to give me my free trades. FWIW it was EXPTrader. As I mentioned in the last post, they are a reputable firm. It was just a slight misunderstanding.

klaorman Just to clarify, it looks like you're keeping it on RQ the entire time, is that correct? And you are trying to see whether that will give you more stable quotes?

Speed I was reading the manual earlier and was considering an option pretty much in line with what you're describing. It looks like you might be able to simplify it a little bit. This is on page 25 of the manual Enter&Order: This feature allows users to preference various market...

Will SuperSOES eliminate the SOES disadvantage?

Oh yeah, forgot about Cyber. Of course, I found their software to be unreliable.

klaorman The more I look at it, the more it looks like blasting might work out. I guess I'm being too much of a perfectionist tying to allow for every possible scenario. 2 days out of 5 having quote problems doesn't sound too good to me. Hopefully that's not the norm. I'll give it about a...

What disadvantages do you have if you trade with a professional firm like Echotrade? Here are the two I know about 1) Can't use SOES 2) Have to pay professional exchange fees (not sure if I'm correct about this one. If I am, do you have to pay these fees again if you use any third party...

I don't want to post the name of the broker right now. I mean, it's possible that I'm wrong. They're telling me that there were certain stipulations that I didn't meet. I wasn't informed at the time. I'm not sure whether they're obligated to disclose all that information or not. I would think...

MGB I did talk directly with the company. I'm just trying to get some feedback from other traders on how well the order entry works. Klaorman It looks to me like blasting could get you in trouble. Let's say you're trading a $60 stock. You may be willing to pay up to .50, for example, if...

Does any other broker offer a best ECN feature like IB? I realize that some Real Tick brokers have an ARCA option that allows you to trade with ECNs only. This is all I'm looking for: Type in a stock in your level 2 box. Click on the price you're willing to pay, and indicate the number of...

If you have a problem with a broker that promised you a certain # of free trades but reneged on the offer, who would you contact? The SEC?

For those of you who have been using Hold Brothers's Graybox for a while, I'm trying to get an idea of how well the specialized order entry functions work (eg Smart Order, Blasting, SuperECN, etc.) In general, here is what I'll be attempting to do. Let's say there are sufficient shares...