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This seems like an approriate time to revisit this topic. A few months ago, it seems like the general consenus was "Don't worry about IB's relationship with Citi. IB has it covered either way.". Well now Citi is trading at $1 (literally!) :eek: IB's website still says that they spread...

Has anyone used the Autospreader feature of X_Trader Pro from home? I would appreciate it if people could share their experiences with this kind of setup (reliability, speed, etc). I am currently using DSL for my connenction (it has been stable so far). Is anyone using Autospeader from...

Okay, so "book size" refers to your trading capital or the funds you have available for trading (or as Pa(b)st Prime said earlier, funds at the trader's disposal). Any idea what is a large book and what is a small book for, say, a trader working for a bank?

So, for a trader that would be the amount of funds (capital) that the trader posted for margin with their broker? So for 100 eminis (assuming $1000 margin per contract), the book size would be roughly 100 * 1000 = $100,000. Is this right?

I have heard some traders talk about the size of the book that they are trading/managing (or what their "book size" is). How does a trader calculate the size of the book they are trading? I thought it was the notional value of the position(s) that a trader has on at any given time. So, for...

Okay, I have no idea where to put this so I am going to start this thread here... I live in the US and I am trying to open a non-dollar denominated savings account. Basically, I have US dollars in an account and I would like to convert some of those dollars to Yen, Euros, etc and hold the...

I have been watching fibonacci levels on intraday charts for a little while and I've noticed that while there are times when the market will stop and reverse after just printing a level, most often the market will push through the level (in some cases just a tick or two). My question is: How do...

I am new to option trading and I would appreciate it if you could help me answer this question. Here's the scenario... On Dec. 1, XYZ is trading at 50 - I buy the Jan04 50 calls - I sell the Jan04 55 calls On Dec. 20, XZY is trading at 60 If I am assigned on my short call position...

Okay, thanks. Here's another question... Why don't brokers quote stock commissions in terms of total roundturn cost (cost of buying + cost of selling)? So, if a broker says that it cost $0.01/ share to trade a stock, why not just quote $0.02/share which is the total combined cost of...

Okay, here's my stupid question... A broker (like IB) will advertise that a stock can be traded for $0.01 per share. Based on this, I want to see if I'm right... 1) @9:00am, Dec. 1, Bought 500 shares of XYZ Cost = $5.00 (500 shares * $0.01/share) 2) @10:00am, Dec. 1, Sold 500...

Axeman & Stock777, Is this estimate based on a setup that includes using either Interactive Brokers or TradeStation for execution? If not, what kind of platform and broker did you have in mind when making this estimate? Thanks for your responses!

Stock traders, I have a question for you... In very liquid stocks and ETFs (e.g., MSFT, CSCO, QQQ, etc.), what would be a good estimate for slippage on market orders? To keep things simple, let's assume that you are using either IB or Tradestation for execution. Let's also assume that...

After looking at different charts, it seems that prices tend to retrace back to moving averages and then "bounce" off of them quite a bit. In addition, I can see this effect on many different time frames (1 minute, 5 minute, 60 minute, etc.). Does this seem like a viable trading...

Great question...I'd like to know this too. Backtesting on intraday data (1 minute bars, 5 minute bars, etc.) is great, but the ability to test on tick data would be a huge bonus. Does Wealth-Lab or Amibroker allow you to backtest on tick data? What about other software packages?

Based on their website, MB Trading looks pretty good. Does anyone have any experience using their SDK (Software Development Kit) to develop an automated trading system? How does their SDK/API compare to that of IB?

Hello, Besides Interactive Brokers and Tradestation, what brokers offer the possibility of automated trading of BOTH futures and stocks? The broker would be used primarily for scalping so both reliability and very fast order execution would be a premium. FWIW, I am definitely...

I have a few questions regarding CQG's OTTO program and I would appreciate it if you could share your experiences and opinions regarding the software. In addition... 1) Can you trade stocks (not just futures) with this software? 2) I believe OTTO can be used to set up an automated trading...