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  1. Robert Morse

    Do you pay interest on day trade shorting?

    No, there should be no interest charge for day trading at all, unless to get your locate you used a third party service.
  2. Robert Morse

    What trading software can automatically move up a stop limit order with the rise in the stock?

    This is Sterling Trader Pro. https://www.sterlingtradingtech.com/support-files/RoboHelp/Sterling_Trader_Pro.htm You would have to open an account with us at Lightspeed Trading. T-STP is the trailing Stop.
  3. Robert Morse

    What trading software can automatically move up a stop limit order with the rise in the stock?

    This is called a trailing stop. This is our Lightspeed Trader software. You can create a hot key, then hot button for this. https://www.lightspeed.com/trading-platforms/lightspeed-trader/platform-features/ You would have to open an account with us at Lightspeed Trading.
  4. Robert Morse

    Managed Futures Alpha Z Advisors

    What do you mean by you are with them? Do you have a managed account with them, a member of a CPO or do you work for them? Do you have their tear sheet including Feb/2018?
  5. Robert Morse

    anybody using GS Marcus to park cash?

    I would not use the word "park", but I have a savings account and a CD there.
  6. Robert Morse

    what do discount brokerage firms think about Robinhood?

    FCMs do not offer securities, so they are not members of SIPC and your account is not SIPC protected. The NFA claims the segregated account structure is your protection. I would like to see the NFA create a SIPC type protection even if to start it only protect small account until they can raise...
  7. Robert Morse

    Best T- shirt of the year for traders

    Hah, you are correct in the Scotch is the only whisky spelled that way. Bourbon is Whiskey. I always wanted to open a whisky/whiskey bar called The Angel Share. That is what they call the evaporated spirits.
  8. Robert Morse

    what do discount brokerage firms think about Robinhood?

    No introducing broker may touch your funds. The clearing broker, for them APEX, is the only custodian of the cash and securities and provides SIPC.
  9. Robert Morse

    Best T- shirt of the year for traders

    I'm more of a Scotch Whisky/US Bourbon fan.
  10. Robert Morse

    what do discount brokerage firms think about Robinhood?

    It is very common for a clearing broker to take credit balances and do repos to generate revenues. They will share some of that with the introducing broker, in this case, Robinhood. Robinhood will not get all the interest, it will be shared in some way,
  11. Robert Morse

    what do discount brokerage firms think about Robinhood?

    Makes you wonder how they generate income if not from fees. Nothing is free.
  12. Robert Morse

    Smart Routing Really Smart?

    In general, no, they are not SMART. They mostly go to market makers in return for PFOF. We have an equity route called LSPT. It hit dark and lit exchanges to find liquidity and costs $0.0015/share. Our clients like it very much for taking liquidity as it is lower cost than the ECNs and works...
  13. Robert Morse

    OPEN A NEW ACCOUNT AND Get up to $10,000 Cash Back!

    To try a demo of Lightspeed Trader, Sterling Trader Pro or Realtick, go to this link and please say that you heard about us from Elite Trader. Or, email me directly. https://www.lightspeed.com/demo-request/ Bob
  14. Robert Morse

    Attention: Traders with Interactive Brokers

    How much value does this have when broker assisted (crossed blocks) orders are not represented on these values, as they are a little delayed and you can't tell if the buyer or seller initiated the trade? There are also trades paired with options.
  15. Robert Morse

    Using IB with TradeStation

    TS is a self clearing broker dealer. They are not going to allow their software to be used as third party.
  16. Robert Morse

    Timing a non-directional earnings play

    You can back test these types of strategies with this product. https://cmlviz.com/ Bob
  17. Robert Morse

    IB vs Ally Invest for options?

    Thank you. My response would have been yes to API, no right now to interest.
  18. Robert Morse

    Is this right regarding these index futures?

    These Futures do not do any predicting. The difference between the future and the cash, and the future and back months is based on interest and dividends.
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