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IB is an execution only broker - your not going to have an assigned manager or team like you would with some brokers that are trying to up-sell you additional services. At least that has been my own experience.

As far as I know, all you need is a balance above $110k & must remain above $100k. It allows you to use your cash more efficiently when you have long/short positions that make your overall exposure lower. Example of PM - pairs trade comparison...

I will second that. Having been a lucky investor in tech stocks early into the dot com bull, I gave back a small fortune from my 6 year run day trading for a living when my focus was on entry signals. Evolved into trading 85+ instruments (futures, Fx, equities & ETFs) through a shorter, & two...

The chart shows in big bold print the dates of 1/2/2018 - 3/21/2019, although this trend of the night session out performing the day session has been in play since the early 90s.

The SPY (green line) is overall, meaning both day and extended session. The day line (red) is open -to-close only.

Black Swan? Circuit breakers (trading curbs) were put into the market after the 1987 crash. The max loss overnight on the stock indexes is -5% at which point trading is halted. The day session levels are -7%/-13%/-20%. Your are exposed to more risk in the regular session. I hold winning...

Broker - Fidelity (using their router). This is the only CF broker that claims they are not doing POF. Fills are fast, & so far I have been profitable right out of the gate, only placed a few orders. Back in the 90's you could put in an order on a liquid stock to buy 1k-10k shares and not worry...

Yikes - the whirlpool! Was out windsurfing outside of the golden gate bridge, the wind died down - I drifted into a big freaky whirlpool about 30' wide. My sail got sucked way down under water causing my board to tombstone. I had to dive down and struggled with all I had to detach my sail...

It looks great be because it is, some funds will do great for a few years but few have ever had long term performance this good. Dunn's trend following YTD is +39.8%.

Right - trend following is dead. Dunn Capital is one of the oldest & most well known trend followers. Trend following is still doing well, it's just that the space got crowded with noobs fund mgrs jumping into this space.

Getting wildly rich turning a small acct into a fortune is rare. Getting financially independent is a reasonable goal which many people are able to accomplish if they stay disciplined with a long term focus. Maxing out your 401k + Roth contributions year over year while investing/trading will...

Comparing your typical noobs on Wall street bets using options like lottery tickets to legendary traders is a hoot. The crowd on the site considers their trading style to be for degenerates with a YOLO philosophy - betting the whole farm on on trade since you only live once. The best...

Winning a big bit once in a while is bound to happen if you place enough big bets, the vast majority end up going bust just as fast as they made it. Surprised this even made the news, junk food for the impulsive casino mentality types that are all about instant gratification. Growing your...

Do you have a pin up over your bed that looks like this? If so, than welcome to my world.... In all seriousness, in my earlier years this would be true - I long since consider risk/trade mgmt to be the most important component of my trading.

Day trading does provide a great deal of opportunities if your good at risk/trade mgmt. It is considered to have more psychological intensity since you are more engaged with the markets & have a lot more decisions to make. Creating a rules based trading plan (don't forget risk/trade mgmt!) will...

I don't believe in statistics created by biased entity. What informed traders? Their volume is nothing. Their volume is more than enough, unless your trading something that is traded to begin with. The IEX will fill the order on a lit exchange if it has to & you still benefit since the...

The depth of a real market auction, with real buyers & sellers will look the same as the ghost exchanges that submit & cancel thousands of predatory orders per second & do everything possible to disrupt the market auction when it benefits them (quote stuffing/spoofing/herding/etc.). There is a...

Don't think they have API - not sure about non US residents. https://www.cnbc.com/2019/10/11/fidelitys-kathleen-murphy-explains-move-to-offer-zero-trading-fees.html

Fidelity is the only broker out of the others that is offering commission free that is not receiving POF. They also pay a cash sweep which is slightly higher than IB. This appears to be make them the best broker in this arena by a wide margin.

Commission free = orders are sent to a predatory POF HFT like Citadel that trades against your order to profit at the expense of the trader, they can make a few dollars to hundreds - depending on the # of shares & bid-ask spread. Most brokers were already POF, their customer's will save -...