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  1. J

    Russian tanks in Georgia, 1000s dead, market rallies who cares...

    What does South Ossetia do that anyone other than Georgia or Russia cares about? The war is unfortunate, but wars over small things are nothing new.
  2. J

    My Oanda Platform Problems

    If Oanda's execution platform doesn't work properly then why not use Oanda for analysis purposes and put the actual Forex (or futures) trades through another broker (such as IB). Similar situation with many TradeStation users using TradeStation for analysis purposes and putting their main...
  3. J

    What are you ER2 fellows doing...

    Thank you for saying that the ICE/NYBOT market data fee will be removed. Are there any other market data fees that aren't actually charged to qualified accounts? Now could you please talk to IB management and ask them when they are going to lower their rather high futures commissions to at...
  4. J

    What are you ER2 fellows doing...

    I certainly am confused. What does "qualified to trade futures on the ICE" mean? I trade ES, does that make me "qualified to trade futures on the ICE". My understanding of IB market data subscriptions is that you have to pay the stated fee for each subscription. If there is some other...
  5. J

    Are fund segregated at IB?

    The normal way to diversify is to buy securities with your funds. Then you don't have to worry about having funds in a bank.
  6. J

    Are fund segregated at IB?

    Call the SEC and ask them.
  7. J

    any way to play the DAX?

    DAX ETF on the AMEX, but very low volume. Over the last 20 trading days, DAX futures have had average daily range of 2.3% versus 2.1% for ES, 2.5% for NQ and 2.6% for ER2. Not all that different.
  8. J

    Are fund segregated at IB?

    There are at least 5 banks. Call IB and ask them which ones. From IB Security FAQs: "In order to reduce exposure to any single counterparty, these segregated customer-benefit accounts are spread across multiple large banks (at least five separate banks as of March 2008), federally-approved...
  9. J

    Are fund segregated at IB?

    SEC Rule 15c3-3 isn't good enough for you?
  10. J

    Are fund segregated at IB?

    As of June 30, 2008 IB had payables to customers of $7.672 billion. IB uses multiple banks, not just Citibank.
  11. J

    Equities Broker for Multicharts

    There is nothing wrong with the speed of IB's data. If data updates 3 to 10 times a second is not fast enough for you, then you need to pay to colocate a server next to the exchange. If you require tick data rather than snapshot data, you will have to pay for a 3rd party data vendor.
  12. J

    Why does no one here give detailed trading advice?

    Trend trading is a known way of making money in the markets. Very few people have the proper psychology and discipline to engage in trend trading day after day for years.
  13. J

    What are you ER2 fellows doing...

    IB has had ICE/NYBOT trading of ER2 for months. IB underlying is RUT and and trading class is TF. For data you have to subscribe to ICE quotes for 1 GBP per month.
  14. J

    Are fund segregated at IB?

    Why don't you read SEC Rule 15c3-3? In part: e. Special reserve bank account for the exclusive benefit of customers. 1. Every broker or dealer shall maintain with a bank or banks at all times when deposits are required or hereinafter specified a "Special Reserve Bank Account for the...
  15. J

    Lock-Limit Down/Up Days on Charts

    ES and other index futures were limit down the overnight limit early morning January 22, 2008.
  16. J

    oiltowns

    It is his life, so he has to do what works best for him. As long as he is happy in N Dakota he is all set. The climate in S Dakota is as bad as that in N Dakota, but at least in S Dakota they have no state income tax.
  17. J

    ES trading margin and tick

    Futures are very risky for those people who underestimate the risk. Who needs a black swan? A white swan with some soot on it can wipe out a overleveraged futures account. Look at the data at www.mypivots.com for various futures contracts. ES has had an average daily range of 26.63 points...
  18. J

    oiltowns

    My lifelong dream - make millions and move to the lovely climes of North Dakota.:D
  19. J

    SIPC How secure is your broker ?

    All broker-dealers have to belong to SIPC. Only $100,000 in cash is covered by SIPC. Use a well capitalized broker that doesn't have risky customers.
  20. J

    Some margins back to 50%, but TWS still 100%

    The reduced intraday margins are only applied during regular trading hours. Let's see what TWS does in the morning.
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