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I have seen those who are in Food stamps buy food (like chips, potatoe,....) using their food stamp and then return them!!! and get cash and then go and buy whatever they wish. Cigarettes, alcohol, big screen TV,..... So basically they can launder their food stamp and buy stuff from Amazon. All...

https://www.interactivebrokers.com/en/index.php?f=1595 https://www.lightspeed.com/pricing/margin/ IB is between 2.66% down to 1.41% and Lightspeed is 7.5% IB also pays you interest that no other broker does that. https://www.interactivebrokers.com/en/index.php?f=1595

Thanks for the posts. Actually I like competition and I have a friend who has an account with Lighspeed and he is very happy. If someone says Lightspeed cheats, I would laugh and that would irritate me as mush as it would do for IB. I would say to such a person you cannot trade successfully and...

You also see, unlike others that claim "It SEEMS that IB is cheating......." I give you hard proof. BANG. I post data. I also do not care my orders are executed in dark pool, swimming pool, bathroom or what, I want them to be executed fast and for the rate I set them. May times I also get price...

Your rates are great but take a look the commissions that I paid just in the last couple of days ago for a small account that I manage. If I had to do it with lightspeed, it would be 4 times higher. Those stocks fills are not sub fills of one order. They are separate orders. Check out, I bought...

I traded 3000 shares of GOOG on Friday. At the end, ended up with zero shares. I traded it in the quantities of 100 shares so it was many orders back and forth. I paid $2.33 commission for the whole about 30 trades. I made $658 totally and IB made $2.33. If you find a broker that would charge...

I used to have another account with Fidelity. It happened many times that I put an order to sell an option at say 0.3 at 10AM and then after 30 min I put the same order in IB for the same price, After 10 min, my order at IB was filled while my order at Fidelity was still open. Well explain it to...

By the way, Did I tell you that I love IB's auto liquidation? It has saved my ass many times. You hate it? well do not use the margin to the fullest. keep 10% SMA.

Thanks for your feedback. When I joined IB at 2004 after I did a great research on brokers, when I told my friends that my broker is IB they laughed. They said Interactive what? They said why not Fidelity? Why not Ameritrade? Why not Etrade? I told them I have tried all of them and they all suck...

I have been with many many brokers and since 2004, I am with IB and I have never looked back and the things that you mention, has never happened to me. I never pay the ask price to buy or hit the bid to sell. I am patient and set my own price and in many cases my commission is negative (get...

Do you mean that because let's say IB matches the orders, you are losing money in your trades? or your HFT system gets filled at 7 pico seconds late and that makes you lose 173 million dollar a month? Or you could get 0.000001 cent better fill if they did not do that? Let me make it simple. For...

On GLD, I should say I sold GLD naked call 121 expiring this week when GLD was at 126 and now I am selling naked PUT 122 and if it goes against me, it will cancel itself with my naked 121 CALLs and if it stays above 122 by today, I have make another 12 cents per share. As I said my account is a...

My account is like a big hardware store that has many items and I would prefer to sell everything today but I am not in a rush. I know every item will sell in its right time and I do not put a sale on the items ( do not cover with loss) and wait and double charge it to the right customer.

I agree with you 100%. Volume on KMX is dropping but some manipulators are trying to keep it up but I am patient and as it goes up, I sell weekly higher strike price naked call. I won't give up till it melts. FYI: I am selling naked PUT 122 on GLD expiring today. I am also expecting CAT to drop...

What I am seeing now are huge insider selling on HD. Also on KMX. Those will not affect the price but it shows insiders are happy and are unloading the shares to mutual funds or retail investors. This is just today on Carmax. Any executive not selling? I have the same data for HD.

I shorted call 160 and got $1.7 and also shorted PUT 157.5 and got 6 cents the same day that I posted that. Now I am losing but not much. All my trades are like this. I ask myself this question: Will HD ever hit 160 again? Everything is possible but you should be stupid to say no it will never...

Again agreed but I do not call it "in trouble". Lets call it challenge. Check out this pic. Mom and dad are paying for these high end laptops.

HD will pull back to 160 and below by this Friday. Trade ideas: 1- short stock 2- Sell naked weekly Call 160 or 162.5 3- Sell weekly straddle 160 Personally I picked selling naked 160 call.

SBUX has consolidated recently and is definitely trending higher. I call it is a strong buy. I have been following SBUX tick by tick for a long time.

I want to agree with you but at the same time disagree with you. Here are what I believe: 1- Apple is expert to play with consumer's mind and can use it to its advantage. They price the phone high so consumers buy it as a kind of status. Actually I like their pricing. 2- IPhone is a great...