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I'd like to indirectly add to airspeed's comment, because I'd like to make sure my point is not lost. For the data feed itself you need only a few hundred bytes per seconds. the data is compressed with most providers, it takes very very few bandwitdh. Well, then if you add to it other...

I have to agree : bandwidth is not the issue. I would trade in the blink of an eye a bad cable service or satmodem for a very stable 33.6 dialup. Strictly for trading, you need this : - a connection you know will remain up for 7 hours straight. - a connection with as few hops as possible...

tymjr, I really appreciate your reply. your point was valid and I think we all indeed should try to help newer traders. so no offense taken.

This one is my fault, I was not precise enough. I only meant it was easy to be on the other side of the move. Short high, buy back low and reverse and so on. Of course, I would not try to move size. I don't think any private trader [even wealthy] can or should play this game against firms with...

First, let's make sure to be 100% clear. NQ is the futures for Nasdaq 100, not COMP. It is not a big difference but it's the exception that can surprise you and fool you. NQ => NDX It is nice and revealing to see more interest in futures trading. Regarding earlier post : The S&P and...

candletrader I agree with the divisibility advantage. However, if you really daytrade slippage can be nasty on QQQ, even pyramiding would not always help. Or.. to be fair, maybe it was just me not being good enough at it. But that's my point actually : things are much simpler with the...

there are many advantages to futures. obviously following one market instead of many. but the killer is really commission and slippage. recently 1 contract NQ is about 800 QQQ shares [they both track Nasdaq 100, future value or cash value], buying 800 QQQ shares at IB does cost $6.5 and...

sure. I do transmit the order. It becomes dark blue. But I stay in front of the screen and if it turns green I know it is live so I will follow what happens like a hawk. Also, because you can see the limit price of the stop limit, it is easy to check the page, where the last trade happened...

It is not that easy to answer. But futures aren't the market you know. Therefore forcing futures down, as you imply is happening, would not force the market down. It is true index futures do influence stocks, which influence futures, and again, in a feedback loop. Maybe often futures are...

I mainly use stops for futures, but I remember stop for stocks. I find it better to use stop limit in both cases. That is, if you are daytrading and you stay in front of your screen. If you have a longer time frame [swing trading for instance] out is out, and I don't care, I use market...

hi guys ! all your problems are solved. Just use the 'ignore list' feature. Go to your account [the link is on top of this page somewhere], select 'edit ignore list' link and add anyone you don't want to read the stupid comments. that's it, that's all. problem solved, moving on, maybe...

hitman, love your posts. I am not sure it is a good idea to change strategy though. We are in a tough environment and that might be tempting. But usually, changing strategy is not a good idea imo. A top down approach suffers now because the market is at crossroads and uncertain. Wednesday's...

I use IB and this is indeed a very good feature. I think the implementation depends on the target of the order [cancel or modify]. Anyway, the comparison and contest is a bit irrelevant imo. IB is not a professional firm, so they don't do the same job. They have nice features and Echo has...

you could also open a LLC in USA.

I was about to write it myself. The risk comes from overnight positions. And Def rightfully adds the risk with big intraday moves. Anyone short during the surprise rate cut [I think it was 2 or 3 cuts ago], can vividly remember what an intraday gap looks like : scary, scary stuff. however...

Yes NLP is a very interesting tool. It is very useful to model what successful traders do and try to do it yourself. I use it to prepare me for trading or when I am trading. Not every trader likes to trade. Well, at least I don't like it. I like building systems other people trade...

As far as I know it is up to the broker to decide. They don't have to, they may decide to. And I remember Cyber was enforcing restrictions on the realtime buying power [you could not daytrade a stock you did hold overnight.. well you could but the buying power would be impacted very much and...

I think it is OK when IB is risk challenged. I feel better for my money there. Yes, the new rule is not fair. Life is not fair. The big players liked us very much during the bull run because we helped them. Now, because they know this poor market could be in trouble for a few years, they'd...

incredible. I agree with you. However, usually more senior members answer new members questions. Repetition is hard to avoid. I wish people would use the 'search' feature, it works well and would avoid some of the repetition. As far as ground breaking posts are concerned, well, there are...

I think the thread is drifting a little. Although I enjoyed very much privateer's info regarding OT [I used the first version he mentioned several years ago, and went into the same trouble]. RTharp really got to the point. It makes sense, it relates to what I also experienced. Anyone starting...