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Several days ago I changed from April gold to June gold. No problem. The following day when I reopened TWS, it had April gold. So I switched to June again. This has now happened several days in a row. I've noticed that it happens with any new symbol I enter. Further, it reenters any old...

I'd suggest you sell 7 stocks. No one needs a portfolio of over 100 stocks, or for that matter, anything even close to that. OldTrader

Good article. Thanks for posting. OT

Go to college. Major in finance. Take statistics, math, etc. When you are finished, see if you can get on at one of the large brokers in the trading department. Later you can go out on your own if you want to then. There's plenty of time when you're 18, or 21. OldTrader

I doubt you will be able to "trade actively" during the day without being able to access your account while you work. What is an error occurred in your automated system? If I were you I would either begin by trading some type of end of day type of methodology, or find a new job where you can...

True, but remember that a wash sale is not the end of the world. A wash sale simply postpones the loss. The loss will serve to adjust the basis of the newly purchased stock, and will therefore be realized when the new stock is sold. The problem with wash sales is the accounting work...

I answered some of your questions in my prior post. I would suggest a careful re-reading of it. OldTrader

Kind of a smart ass answer there ES. The bottom line is there are many reasons someone might want to use IB's pit-traded product. For instance, I'd prefer to keep my funds at IB rather than have a separate account set up just to handle the little I will likely do. I also think it might be a...

Just wondering how you would know that Open Ecry "blows away" IB in pit traded contracts when IB is just now beginning their service in Pit Traded contracts? OldTrader

I wired IB some additional funds yesterday about 11AM. The funds were credited to my account about 1 hour later. My bank charged me $15 for the wire. Money well spent. Now you see what $.39 gets you. OldTrader

Tortoise: I've read this thread and your comments with interest. It seems that you and I have something in common. I use a "fail-safe" type of stop as well. But first things first. Been a while since I mentioned my background here on Elite. I started trading the index futures at the...

You got my support Mama Vivian. Good luck with the trading. OldTrader

I'm not aware of any major index that has ever "tanked" 50% INTRADAY. It seems to me that you are speaking with little to no sense of realism. An SPX March 1200 put for example at the close today was offered at 2.15 with the SPX at 1275.53. So what you are proposing is to risk 2.15 for one...

Right, the market neutral type strategies make sense because in theory a small move down creating a loss on one side of the position is offset by a profit on the other side. A guy buying "crash insurance" intraday is not creating a delta neutral type of strategy. He's too far out of the...

Makes no sense to "hedge" an "intraday market crash" routinely. To keep the premium small you have to be too far out of the money to have it serve as an effective intraday hedge. The market can move a long ways down without any movement in a far out of the money put. Move the hedge too close...

IBj: Thanks for the informative reply. I too appreciate both your answer, and IB's effort to contain risk. It helps all of us. OldTrader

That seems rather ominous. OldTrader

Last time I heard of this "has-been" he had listed his $70mm home in NYC for sale. That was last year. OldTrader

Thanks Jay. OldTrader

Anyone using this service at IB? Evidently it started Feb1 for $100 per month. It's a news service, and offers some other services according to the memo. If anyone is using or has ever used somewhere else, I'd like to get some feedback. OldTrader