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  1. O

    OK IB - What Is Going On?!!!

    With all due respect Steve, that very statement has been made numerous times throughout this thread. But glad you finally got it. OldTrader
  2. O

    OK IB - What Is Going On?!!!

    Here's your exact words: "If only IB would tell the truth... :mad: " What do you think that sentence means? So enlighten me. What does this story have to do with the colors used in TWS? Sounds like you should contact NT about this problem. But it has nothing to do with the color...
  3. O

    OK IB - What Is Going On?!!!

    Steve: First, thanks for a polite reply. Actually, I think there are two different thoughts in this thread as it applies to stop limits. First, I agree with you that if you were to place a stop that it is probably more foolproof as a stop limit that resides on Globex. Simply, it...
  4. O

    OK IB - What Is Going On?!!!

    Why does it not surprise me that here you are once again, involved in a thread with people complaining about IB, accusing them of lying! Serious charge my friend. Do you have reason to believe that IB is "lying", or than a "feeling"? On to the OCA types of orders. I don't have a clue how...
  5. O

    OK IB - What Is Going On?!!!

    Let's go through this again. You seem to want to use words like "traders" when you state your very personal opinion. I am a trader, and I don't agree with you. I don't give a hoot about a color indicating WHERE an order resides. I DO care about the status of an order. IB has now clarified...
  6. O

    OK IB - What Is Going On?!!!

    For what it's worth, I thought the explanation by IBSoft made emminent sense. IB is using the color scheme to indicate order status. You want to use color scheme to indicate where the order is placed. What I would like to know is under the method YOU suggest, how would you know whether your...
  7. O

    Short term trading vs. long term trading

    What I was implying was that you would have to average the 2-3 points per day to equal the swing trade. So if you are a trader who makes 5 points on 2 days, breaks even on a third day, and loses 3 on the fourth day....your record would be +7 points. The successful swing trader on the other...
  8. O

    Short term trading vs. long term trading

    Here's something to ponder: if you got in toward the beginning of a swing, and out around the end of it, what you would find is that you would average 2-3 points per day in the ES. Go back for instance to the move that began in late November from around 1040. Let's say you bought there, and...
  9. O

    IB TWS - pre-existing ES buy stop not executed in a rising market... any insights?

    Glad to hear your whining days are over. And it is true....I do step out on IB's behalf at times. Maybe it helps to offset some of the whining that goes on. There are numerous times when IB has been accused of something when it was a result of trader error, not reading the information, etc...
  10. O

    IB TWS - pre-existing ES buy stop not executed in a rising market... any insights?

    First I would like to correct your "mis-impression"....I have had a few problems with IB....primarily disconnects. But they have been few and far between....and therefore, I am quite pleased with IB. Never have I had a problem with IB in terms of there stops. That is not to say that someone...
  11. O

    IB TWS - pre-existing ES buy stop not executed in a rising market... any insights?

    Thanks for bring this fact to our attention. I called IB this AM to verify the procedure. Turns out you are exactly right. Stop orders after 4PM EST do not trigger unless you have checked a box under configuration to allow the triggering after "regular trading hours". In all likelihood...
  12. O

    IB TWS - pre-existing ES buy stop not executed in a rising market... any insights?

    Apex: Just wanted to draw your attention to the Backwardation post above regarding stops after the end of day. Something to check out. OldTrader
  13. O

    IB TWS - pre-existing ES buy stop not executed in a rising market... any insights?

    Why wouldn't up until 3:15CST be considering "regular trading hours" for the ES? OldTrader
  14. O

    IB TWS - pre-existing ES buy stop not executed in a rising market... any insights?

    It almost seems inexplicable. Particularly since I've had my account there for several years now with no such incident. And with nothing personal intended here, what we usually find out when confronted with something inexplicable is that there was some type of order entry error. For...
  15. O

    Toughest trade in the world: S & P 500?

    [ OldTrader What timeframes would you consider? Tnx Not sure where you are headed with this question. I do not trade from intraday charts, so I have no time frame there. If you're talking about my holding period, alot depends on how confident I am about the direction. Some...
  16. O

    Toughest trade in the world: S & P 500?

    I think it's true....the best traders are probably trading the SP, because that's where the money is. I've personally been trading index futures from their beginnings, starting with the old Value Line contract, and then the SP when it started. It's not all I trade....but it's really my...
  17. O

    Old tale TWS freak when markets move.

    It's amazing that every time I read a post bitching about IB, there is "No More Options". You'd think he'd just change brokers since he is so dissatisfied. For the record, I had NO problems at all Friday AM. I'd call that well short of "massive".:D OldTrader
  18. O

    ES/SPX covered calls

    Here's a good rule of thumb: If you have to ask how much the margin is, don't do it. Not even one. You don't know enough about the risk in the situation. OldTrader
  19. O

    Futures Margin question?

    Def: One question: In your assumption after a day trade loss on the 2:1 account, while you are obviously now under 2:1 margin, you would still be above maintenance margin for that position. So to clarify, even in this situation one would be required to restore to a full 2:1 margin? OldTrader
  20. O

    Futures Margin question?

    I found myself somewhat puzzled by your terminology. It was not clear if "fully invested" meant that you owned $100K in stock which was fully paid for, or whether you had $100K in the account with which you bought $200K in stock, fully margining this purchase. If you are fully margined...
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