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Yeah I think that is the differentiator. I would send buy limit order on SPY with +0.10 offset and it would join the bid instead of taking offer. I tested with SIRI, which has very large queue, and the order would just be sitting there on the bid forever. IB told me that this behavior is only...

Strange, I had opposite experience. The marketable limit orders got te-priced to join bi/ask even though they were only a few cents above/below NBBO, while market orders are instantaneous. I only use market orders for liquid stocks though. Also I normally send 100 shares at a time. IB said that...

Where did you get this from?

No, stop orders are something the broker handles on their servers (talking equities). It’s a service they provide to customers. There are no equities exchanges that support stop orders afaik.

It’s basically a protection against triggering orders on an “erroneous” trade - some dark pool trade for example. Unfortunately, there’s no way to please everyone with this. Since quotes come on different feed(channel) than trades, it’s possible for these prices to temporarily diverge.

It says in description that Last method looks at the current Bid/Ask. Also, it’s good to check the sale conditions of the trade that you think should have triggered the order, as it’s possible for trade to be not eligible to set Last but IB may show it on chart. Last must be within the bid/ask...

http://traderfeed.blogspot.com/?m=1

I don’t know of a way to “safely” generate 12% above treasury yield. If I had, I would keep it a secret as it would be close to the holy grail assuming I could scale it. I am thinking that it would resemble something like what LTCM did quite successfully until they got too big. But I don’t...

I feel like a wounded soldier listening to a new recruit explaining me how to dodge bullets and jump over mines. Pointless.

Nice video. While I was listening. a term came to mind : Trading Maturity. We start as being very immature - doing things we will regret later but not scared of consequences yet. Some traders never mature or even survive this period. The ones that do just stop doing things that they already...

You probably never heard of .com bubble where Nasdaq had a little dip.

Selling covered calls on triple leveraged high volatility ETF and HODL in case things go wrong? What’s so intriguing about it!? Another leveraged buy-the-dip bull market strategy, unless I am missing something.

If he said not to worry, then he must have a solution. Below is a good article and I assume he is thinking about solution #5 https://smartasset.com/financial-advisor/double-taxation

Start here http://www.smallake.kr/wp-content/uploads/2016/02/KCG_Demystifying-Order-Types_092414.pdf

Is it realistic to find enough of these arbitrage opportunities for 1M portfolio every month? Just curious.

Yes, I had same. I had to re-type the symbol to clear

May I ask why?

Well, selling CSP and the wheel are essentially a buy-the-dip strategies which has been working quite well.

Is this a rhetoric question coming from you?

Sucks to here. Wish you all the best.