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  1. tommcginnis

    indianapolis???

    With all due respect to your continued efforts, a trading Meet-Up that only meets once a month is about as useful as a life jacket on the Titanic. HAD I THE TIME (which obviously I don't), I would establish something(s) for daily/weekly interface, moving around Indy, too. Again, "had i the...
  2. tommcginnis

    IB execution on live versus paper trade

    Quote from larrybf: I DO NOT TRUST IB SIM TRADING OR ANY SIM TRADING FOR THAT MATTER... BEST ADVICE........ TRADE SMALL SIZE WITH REAL $$$$.....there is no other way to truly find out Hmmmm. I'm stuck trying like 'ell not to find myself in agreement with *both* of you........
  3. tommcginnis

    IB execution on live versus paper trade

    Sorry for the late reply, but I've noticed the same thing in reverse (i.e., frozen prices in the sim, but not in the live). Suggestions would include making sure you have the same TWS running, and as bizarre as it might sound, making sure you have the best/latest/freshest download of Java up...
  4. tommcginnis

    Is Firefox browser any good.

    As of last week, downloaded the new and official type Firefox 3. Don't see much of a difference with the way-better-than IE Firefox 2.x; also using Trend Micro PCillin(?) anti-virus-popup-spyware-malware product. They are quick, and (seem to) perform flawlessly together. I trade via IB...
  5. tommcginnis

    IB execution on live versus paper trade

    1) "The market is always right." While my losses occurred over the herky-jerky holiday period, I knew better than to think smooth transitions of price would persist. Low volume, end-of-year agendas to be met, "Duh." 2) The biggie loss driver was inexperience with the platform. I initially...
  6. tommcginnis

    IB execution on live versus paper trade

    Thank you very much for your opinion and observations. FWIW, I think you may be right with regard to negligible differences between paper and live execution due to my trade size(s) , but once or twice I have been (seemingly) bypassed in a trade (to bad newbie results, in the chop around...
  7. tommcginnis

    IB execution on live versus paper trade

    I think I've got it: you mean that the IB paper trade clearing mechanism allots 100% of the market demand (which is at or beyond your LMT price) to your trade, which "doesn't happen in live trading". As you might guess, this is what I fear, but do you KNOW this to be true? I didn't say so...
  8. tommcginnis

    IB execution on live versus paper trade

    Small sizes? Liquid stocks? Ouch! Those relative terms... I'm in for between 100 and 500 shares, in stocks that trade between 1M and 6?M daily. That Q allows me to scale into positions to improve an average price, but to jump out (all 500 in the trade) *usually* with 1 hit, sometimes 2...
  9. tommcginnis

    IB execution on live versus paper trade

    As I'm scalping, "a few cents" IS the trade. What's more, if the trade is not hit and the market moves away from me, I've not only missed the dime I was seeking, I'm now hanging with my arse in the wind for perhaps another dime. {Read, "Holy Shieze! Not Again!!"} So the question remains, is...
  10. tommcginnis

    IB execution on live versus paper trade

    Yeah, I've seen that, too, but managed to develop "work-arounds" that allowed me to set up for live trading w/o issues. So far. But btw, make sure you have the LAST price on your trading page along with the BID and ASK, as sometimes (*often* in a slowish day) the market will move right past...
  11. tommcginnis

    IB execution on live versus paper trade

    I am thinking of returning to the relative safety of scalping, and while re-tuning my methods, I *seem* to have noticed that the IB paper trade engine provides hits on orders (long or short) more quickly than the live account. Maybe this is a question for IB staff only, but is there any sort...
  12. tommcginnis

    IB TWS Not executing...once in a while

    Another possibility is that there are not actually trades being made, but bids approaching asks (for example) and then the asks being moved up before they're hit. I've seen this with small volume stuff, and pretty much with everything on those sticky market days (like the end of last week with a...
  13. tommcginnis

    IB/TWS - No T/S for ES,NQ.

    I've been unable to log onto 884 for two mornings, and this morning, the prior 883 (883.3?) bounced me the first time. No known material change on my computer, I was hoping to find something here. I wonder if perhaps the problems with market data you guys have written of is part of the same...
  14. tommcginnis

    Why are people on elitetrader dooshbags

    OKay, while I have to agree with the premise of the thread, that douchbag.com thread is just a HOOT. "Uberdouche"??? Ohmigod. Major hilarious. "HCwDB" will live in my vernacular. For a week, anyway.
  15. tommcginnis

    Victims of Hubris

    That's so wild... I was just reminded of an Einstein quote this morning: "The difference between genius and stupidity is that genius has its limits." tom mcg Indy (who wonders if the increasingly constrained limits on his account means he's a genius, too...)
  16. tommcginnis

    Seeking a partner

    You're wrong. You're trying to make him feel good. I'm trying to keep him solvent. The market will eat delusions like "I'm great at making money" without so much as a hiccup. Poof. Gone.
  17. tommcginnis

    indianapolis???

    yo bump action
  18. tommcginnis

    Building My Trading Rig (A Documentary)

    And the 64 bit bus. Big fat highway.
  19. tommcginnis

    Looking for a list of Stocks by Industry and Sector

    There's a bunch of different ones -- just Google it, and see what strikes your fancy.
  20. tommcginnis

    Seeking a partner

    You've gotten some great advice here: 1) incorporate automatic stops/brackets 2) focus on one/limited instruments but the biggie for me is that you're escaping addressing your failure to jump out of the losers, when you *know* they're losers. You're married to the trade. But, WHAT WOULD...
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