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  1. i960

    Gotta love ZERO RISK in the SP500 = $$$

    Asian markets (Taiwan, Singapore, Korea, Hong Kong, Japan [lots of off days though], and now China A50) have been selling off for over a week straight now since the Nikkei hadouken. Only SPI is bucking the trend somewhat but I don't know how much I believe it'll hold. I've been long ES/short NQ...
  2. i960

    SchoolOfTrade.com

    I've watched his videos on youtube before (Joseph James) and to tell you the truth I think some of his recommendations aren't actually too far off the mark when it comes to trading outrights. Never really struck me as a ripoff artist or anything and let's be real, many traders will chuck 5k$+...
  3. i960

    VMAX VMIN New Vix ETFs started today

    I agree with Mav wholeheartedly - I have no idea why people keep screwing around with all these VIX ETFs. Just use the options on the index (which is really on the futures in a way) or the futures itself. Stop complicating it and learn how to create your own products to boot.
  4. i960

    Tudor Jones "Why we need to rethink capitalism"

    Hate to be a downer but the "system" isn't always about preserving the status quo directly. It's very much about utilizing divide and conquer tactics to ensure it *indirectly*.
  5. i960

    Why the fed will never get what it wants..

    The Fed already knows all of this. This is a simple biding of time / stalemate game.
  6. i960

    "Something Disturbing Happened" - Words Of Warning from futures trader

    It's totally possible - you just have to use the specific STOP PRT order which not all front ends support. TWS supports it but many don't use that as their trading platform. What I was originally implying is that IB shouldn't bother holding market stops on their servers and should simply...
  7. i960

    "Something Disturbing Happened" - Words Of Warning from futures trader

    I don't know who you're calling out here, me or the original author? Your point is pedantic and not really the issue here. The issue at hand is that one cannot send a native stop market order to Globex or ICE, period. There are NO "Globex stop market" orders at all. If what you meant was stop...
  8. i960

    "Something Disturbing Happened" - Words Of Warning from futures trader

    They actually do, you use "STOP PRT", the problem is my front end doesn't support it. https://www.danielstrading.com/strategies/risk-management/2013/11/25/why-stops-become-limit-orders-on-cme-globex-ice/
  9. i960

    why can't retail send sub-penny? Citadel does

    Everyone in here (and elsewhere) pointing out the fact that the emperor has no clothes but yet nothing is done about it: Ask yourself why that is - then take your money and move it to a futures exchange. The US equity markets are enabling legalized theft via big money players who are essentially...
  10. i960

    Options Bid/Ask in Penny Increments (instead of 5 cents)?

    Try a non SMART routed order. Additionally search for SMART and "marketable". It's entirely possible you're not even being seen by the market due to use of SMART routing.
  11. i960

    "Something Disturbing Happened" - Words Of Warning from futures trader

    Because Globex doesn't have native stop orders. It only has stop limit and stop with protect, not stop market orders. The workaround it to use stop limits to emulate stop market orders but the real solution is for IB to simply use a stop protect order which is basically a marketable stop limit...
  12. i960

    what is with FATCA?

    You ask what the stuff is and then tell the people who tried to help you with it that you don't want their elaboration? Do your own research then.
  13. i960

    what is with FATCA?

    Don't forget about FBAR too, which is totally separate from FATCA.
  14. i960

    Knowing order in order queue / updating order sends it to back of queue?

    I guess what I'm saying is if you're even remotely thinking about any automated solution to scalp ticks automatically just forget it right now and move on - you absolutely will not win against the massive infrastructure out there that does this basically 24/7.
  15. i960

    "Something Disturbing Happened" - Words Of Warning from futures trader

    A stop limit order is just a limit order with a stop that triggers the limit. If the limit is marketable it functions *like* a market based stop. However, this distance between what the best bid/ask is and the limit itself is where price banding gets involved. For instance, if you have a stop...
  16. i960

    Knowing order in order queue / updating order sends it to back of queue?

    Could be an IB paper trading thing where they don't emulate the queue (how would they?) but just assume if price trades through you you'll get filled. If that didn't happen, then there's a bug in TWS paper. And you'd be competing against 1000s of HFTs doing the exact same thing, just forget...
  17. i960

    Knowing order in order queue / updating order sends it to back of queue?

    Yes, it's only estimatable based on FIFO logic and what was there before you. In FIFO cases cancels near the head of the queue are of course beneficial, but it's impossible to know if the cancels occurred before or after your placement unless the queue never grew past your initial entry into it.
  18. i960

    Am I being ripped off by my broker?

    If you have beef with GAIN, why continue to use them?
  19. i960

    "Something Disturbing Happened" - Words Of Warning from futures trader

    I read this, it's complete FUD. I've used stop limits all the time and the only place price banding is involved is if the limit price makes the order a marketable limit and just how far past the bid/ask it is. Price banding isn't going to affect me placing my stop 20 pts out for instance.
  20. i960

    Am I being ripped off by my broker?

    Gain Capital is just an FCM in this picture - you seriously think they're running some kind of man in the middle type exploit on you with futures option chains? Sheesh.
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