It is unfair if you are being busted on, fair if you are doing the busting. I am more sympathetic to the person being busted on, but other people have different views on this topic.
If you think that your trade could be bustable, just look at what is happening in correlated markets. For...
Yes you would in the example you give. You should look up the busting parameters of the contract you are trading to make sure this doesn't actually happen to you. If you are given a gift fill outside the bustable window, call your broker to see if it is for real before you close out the...
I like it. IB might reply to this suggestion and say "Use the API to make your own custom order" as this order type is quite complicated. However, it seems doable within the TWS.
When did this upgrade occur? Could this have something to do with the "COULD NOT VALUE THIS CONTRACT AT THIS TIME" error boxes that are popping up about 50% of the time I try to short stocks? It started happening this Monday to me.
I realize there are other threads that are talking about...
I have this problem too. I have tried sending IB a trouble ticket on this a few times but they reply that they think it is my internet connection. However, it always happens at 5pm EST and it happens on both of my internet connections (cable modem and DSL) which are from different providers...
Why would IB want to respond to your thread that has "fraud" in its title? Did you even try to contact them directly before publicly attacking them here?
Maybe you should tone down your aggressiveness and you will find that IB will provide a reasonable answer. If you continue to be a snot...
You shouldn't be foolhardy either. Before you quit your job you should be 100% convinced that you will be making money trading. Otherwise, just do it on the side til you get that conviction.
I would guess it is for "shorting against the box."
http://invest-faq.com/articles/trade-short-box.html
At the end of the article, it details how you can still short against the box for tax deferral in a very convoluted manner.
Right this is the problem. There is no way to know if the original poster's order with its pink status actually disappeared or not. In order to believe that the pink status order actually disappeared from his account, you have to trust him. So then it becomes a he said/she said type of...
Bottom line is if you get oral confirmation that your order was cancelled, then you have a very strong case against them if they decide to pin a loss on you.
1. IB has always been fair with me. Everytime there is a public dispute on EliteTrader, I have followed the thread. IB seems to explain itself thoroughly in each case. In this case, I believe the user did not understand his obligation to follow up on his order.
2. If I were running a...
Is it possible to trade any agricultural futures contracts through IB? It appears they offer the Electronic (night) contracts, but not the floor (day) contracts? Am I incorrect?
On the front page of the CBOT it says the agricultural Electronic contracts will be traded during the day...
Speaking of which, suppose I wanted to invest in the following markets:
cotton, soybeans, wheat, corn, coffee
If I were to scorn futures/commodities contracts, what securities would best capture any moves in these commodities?