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Having less than 30k and trading 10k plus shares can only mean he is trading thin penny stocks on momentum ... It's a very latency sensitive strategy especially on exits. I don't even know how he does it with IB, but I could be wrong with my ASSumptions. What I don't understand is why Ross...

I don't agree ... POF to me is equivalent to your broker saying ... I don't want to deal with the hassle of best execution requirements, so might as well outsource it to HFTs. What is IB doing? Nobody knows for sure!

One Mississippi ... I think we are talking from the time I press the button to the time I see position reflected on the screen.

Enter at a point where initial momentum will carry you to a break even or better. https://images.app.goo.gl/LPA5efHSBcWkYVts9

Latest if you are ten years behind :) But seriously, everything you learn will elivate your game one way or another ... Just don't expect it to be the answer in itself (thus don't overpay to learn it)

Sounds good to me.

@ZBZB, you are like the Siri of ET(in a good way)! Amazing! Thank you!

I have to agree with Robert, we are talking a SECOND! If we were talking millisecond, I would be on your side.

One thing I found kind of funny but true is when she said that, throughout her long career, she was always on the wrong side of "black swan" events and never on the favorable side. Why does this happen?

She said it's only available on her website for now :)

Multitude of topics covered ... Excellent interview. https://systemtrader.show/sts-010-linda-raschke-trading-sardines-a-21st-century-version-of-reminiscences-of-a-stock-operator/

Oh I see, thanks. Actually, I kinda like it ... It forces you to trade "conservatively" until you are no longer putting principal at risk. Not sure if I like the open pnl being taking into account, but I guess they don't want you catching a "lucky" runner and holding it forever(which you are...

Sorry, I'm confused. You are describing them as though they force you to trade a certain style. What trailing stops? Are you talking about their education?

My desire is to be free of desires. "Which is more important… to make a million dollars, or to enjoy your life in your effort, little by little, even thought it is impossible to make that million; to be successful, or to find some meaning in your effort to be successful?" Shunryu Suzuki

This assumes that your quote is very current and your submission is fast. If the Ask moves up, your order will be too far away to fill and may not even be BestBid.

This question cannot be answered definitively in the context of IB (or even in the context of individual exchange). I don't think you want to be sending market orders to IB as the higher the latency, the worse the slippage you may get. The question to ask yourself ... Am I (strategy)...

I never said you are over-charging (the number came from your website for 100k account) ... I welcome anyone who can legitimately fund traders. I think you should address Robert's comments instead.

It depends how it is implemented. Could be implemented as a stand-alone module outside of the main processing. But even conceptually, you could say that PM margin involves some more computation. Most non-latency-sensitive clients don't put in the effort to measure these things. If they don't...

One more thing to consider ... If you have Portfolio Margin, it may be slower than RegT.

Definitely! Welcome to ET, Dave. Good to see you here!