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  1. K

    do you like interactive brokers?

    I think each person has to consider what each broker has to offer and the benefits/disadvantages to them personally based on their respective trading style. Just because I like IB doesn't mean the next guy will. IMO, you need to figure out what is important to YOU, then seek a broker that is...
  2. K

    Buying @ bid - possible?

    I get filled there some. You have to be patient. I've seen 100 showing at the bid and I add my order for 1 and the displayed bid is 101...then 5 go off and I get filled. Amazing. Other days I get displayed as the lone bid and 50-60 may go off and I don't get any and then the market moves...
  3. K

    longer-term swing trade

    On the fundamental side, I track about 4000 stocks. I have a proprietary database and use Multex.com for downloads from their screener. This is free once you register. From the Multex raw data dumps, I have a series of relatively complex formulae that run against the data and screen for...
  4. K

    longer-term swing trade

    I have a mathematical model for averaging down. The only requirement for following it is that the fundamentals are intact. Warnings or news can cause me to reevaluate and maybe exit. An example would probably best illustrate what some here will no doubt refer to as madness. I have been...
  5. K

    longer-term swing trade

    Benjamin Graham and David Dodd collaborated to to write Security Analysis in 1934. The 5th edition of the book was published in the late eighties. Ben Graham was one of Warren Buffet's college professors - they worked together after Buffet left school. Buffet has always said that Graham was...
  6. K

    Trader with system 10%+/Mo/3x seeks offer

    First let me say you seem a bit arrogant for someone who is allegedly so successful. Matt was trying to give you an idea of who you are talking to...that we are (generally speaking) not a bunch of newbie daytraders here. An absolute return of 10% per month is roughly tripling your $$$ every...
  7. K

    Execution of options After 4pm close

    I think the best use of this is when the closing price does not reflect after hours news and you wish to force an exercise. I'm not certain which closing price (4pm or 6:30 or 8pm) is used for automatic exercise. If the after hours price looks better than the 4pm close relative to your...
  8. K

    longer-term swing trade

    Question 1 was fundamentals: I use a modified Graham/Dodd/Buffett model. I look for companies making money with sustainable margins, industry/sector leadership positions and solid financials that are out of favor or present good value. The fundamental work is the most time consuming and...
  9. K

    New IB policy for pro accts...

    In the last communique (today), IB has stated that quote fees are now separate from trade routing. This is exactly what I've been pushing for and an outstanding development, along with the other major announcements in this latest press release. For us instittional guys and money managers...
  10. K

    Interactive Brokers min 100 shares NYSE

    According to the notes for build 769 of the TWS, IB will now accept odd lots of NYSE marketable orders. Non-marketable orders need to be smart routed.
  11. K

    IB Announces Financial Advisor Accts

    From IB's website - today's communique ************** Financial Advisor Separately Managed Account Features Available August 1, 2002 Trade multiple client accounts from a single Trader Workstation interface. Charge a wrap fee based on assets, per trade basis or fixed amount. No...
  12. K

    Trader with system 10%+/Mo/3x seeks offer

    I would like to sell a call option for the July .15 now that we are at .13. How much can I get for this contract?
  13. K

    THat hot HOusing Market....

    Greenspan has said specifically (and recently) that the housing market is NOT a bubble. I have nowhere near the knowledge or experience of the honorable chairman and I can only speak for my part of the country, but I must respectfully disagree with him.
  14. K

    longer-term swing trade

    I trade between B and C and use a significant amount of derivatives to juice the returns even more. Average hold time is 3 weeks to 6-8 months depending on fundamentals and absolute return. I have found next to nothing in print or on the web about this time frame and style. Mostly day...
  15. K

    THat hot HOusing Market....

    It gets even scarier. Nearly all of the items in your post are based on one thing - continued home appreciation. As long as the home is worth more in 5-7 years, everybody wins. Since folks in my area (metro DC) have seen home values double in some places over the last 5 years and interest...
  16. K

    New Forums - Moderators Needed

    I'd be willing to moderate self employment.
  17. K

    Trader with system 10%+/Mo/3x seeks offer

    Do I hear .13??? 13 cents for the fine trading system spammed about earlier in the thread. I have .12...can I get .13??? 13 cents anyone???...fair warning at .12...
  18. K

    ...for some of the hedge fund guys here

    Interesting article from II about obtaining clients and what's important to them. This makes sense since we don't advertise and my experiences are similar. ********** Blind Faith: Affluent Hedge Fund Investors Largely Clueless Private Asset Management 06/10/02 Mindy Rosenthal...
  19. K

    Two Buys + One Sell = 2 Daytrades?

    It's 2. You have 2 positions from the 2 buys, the fact that they are the same stock is irrelevant.
  20. K

    IB and BRK.a

    WB always likes to undershoot. He's been making those statements for years and continues to outperform. I think he feels more obligated now that he has so many more shareholders from the acquisitions. The problem with his ability to perform is that he doesn't feel he can buy the businesses...
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