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  1. K

    New IB policy for pro accts...

    I have heard this as well...an excellent development to be sure. Glad to see IB came thru again.
  2. K

    background of trader

    Well said. The "professional" moniker is completely self-imposed by prop firms. I've traded successfully for 15 years, held a CPA and passed more than half a dozen securities exams, including the series 24. Some newbie with 10K who sits down for a few days and daytrades is a pro and I'm a...
  3. K

    IB Glitch this AM

    Yes. They have all been option orders. Now that I look, it is routed to the CBOE since I've re-entered it today. We'll see where it goes tonight. My other two are routed AMEX and PSE. I always route BEST and let IB decide. You may be on to something here.
  4. K

    IB Glitch this AM

    It happened again last night. That's the third time IB has deleted my GTC order from TWS overnight. They are definitely trying to tell me something. I have 3 orders out there...2 stay put and the third disappears.
  5. K

    Anyone here follow JNPR?

    I'm looking at 43,000 contracts executed at $10 yesterday but my stone tool could be broken. There was no time value on this trade and there were better ways to relieve a tax situation IMO. This is a synthetic long position with a credit to the account holder (for the seller), although the...
  6. K

    Daytrader Arrested

    Isn't this what all daytraders aspire to? To be the man with the benzos calling the shots for $600 a head? 30K to the feds is a business expense. LMAO
  7. K

    stupid "worldco recruiting process"

    How bout home? That's your other shot...and you'll be calling those shots
  8. K

    IB Glitch this AM

    I've had some GTC orders disappear overnight. I know they were GTC and I do not see a fill anywhere. This has been happening with some regularity lately...not a big problem. I have also noticed that some premarket quotes for certain stocks are far outside the NBBO, which distorts my balances...
  9. K

    Life after Proprietary Trading?

    I agree with def. I don't have a country club membership because I was looking for a place to play golf and tennis. I can play anywhere. Meeting and playing golf with so many doctors, lawyers and other professionals has been well worth the price of membership. "Trading" is a singular...
  10. K

    Finding the "worthless" target

    #1 is your answer and metooxxx got it right IMO. Max Pain is max bullshit. Most of the open contracts are nearest the closest strike because that's where the stock has been trading. Most people work "around the money" contracts. The MMs generally could care less where the underlying closes...
  11. K

    Looking for FUNDING/only serious/split profits

    This is funny as hell. Pro, you need to drive in the RIGHT lane. The left lane is for passing only. You guys crack me up. Sure pro, post that address and we'll send you lots of money, OK? ROTFLMAO.
  12. K

    IB ALL in One account

    def, What about multiple stock accounts from one TWS? Further, could you have a different person's account on that screen for trading also (the wife's IRA, for instance). I have occassion to "watch" a few accounts for friends when they are traveling as well. Having all those TWSs resident...
  13. K

    Trades that disappear

    This has been a problem I've written about a number of times here. It has only happened with me on option orders, and usually on GTCs that sit overnight. I don't figure it out til I'm showing as green but not posted as the NBBO when I should be. So I try and cancel or change the price and the...
  14. K

    IB: Yes or No??

    Keep in mind that you are mostly getting the negative side of things here as it's human nature to cite what's wrong many fold over what's right. We have an expectation that things should move along smoothly. The real story about IB is that even though we complain, so many of us are still...
  15. K

    background of trader

    I'll give you a hint. There's no free lunch. The firm will make commission dollars from you - whether you win or not. The more you trade, the more they make, that is certain. If you are not making winning trades, your losses and commissions will mean that you will run out of money...
  16. K

    IB internalization

    This has been discussed pretty extensively on other threads. If you're concerned, use a marketable limit order. I (and many others here) have hit Timber thru IB many times and found them to be fast and reliable.
  17. K

    IB's closing price for Best and NYSE

    This morning, my TWS is showing the closing prices from day before yesterday on my Account screen. Some are accurate and others are way off.
  18. K

    Someone cleaned up my IB account (almost)

    Mishka... As others have suggested, I would contact the appropriate law enforcement authorities as well. While IB will fortify it's systems where necessary, I personally would want to take some enforcement action against him...especially now that he has identified himself and admitted the...
  19. K

    IB connection problems AGAIN

    The bulletins piling on top of each other is a nice touch.
  20. K

    Someone cleaned up my IB account (almost)

    Careful what you give those cust svc folks. Some are not as up to speed as they need to be...maybe give a CS supervisor that kind of weight, but you're right...effective immediately. I think it's best to wait and see what comes of this. It will be important to determine how the info was...
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