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  1. M

    IB's Trader Workstation clunky and slow

    I actually switched from ToS to TWS because of how poorly designed ToS is for day traders. I mean with ToS doesn't even have the ability to hotkey effectively. Honestly, ToS is very, very basic when it comes to day trading despite looking good. On the other hand, ToS is much easier to learn...
  2. M

    Is IBKR lite only for US residents?

    Yeah they have about 6-7 levels you can get starting at I think around $100. The difference is the data feeds your subscribing too. The $150 package is the first level that gives you Totalview. As far as a copy of your photo ID, I think just about everyone needs that so I keep a copy saved on...
  3. M

    Is IBKR lite only for US residents?

    That is the million dollar question hehe. DAS trader with the recommended data package is I think $150 a month. That is quite a bit of money if your a small trader especially when your adding in things like maybe TradeIdeas Scanner, commissions, Tradingvue Journal a chat room membership, etc...
  4. M

    IB's Trader Workstation clunky and slow

    Oddly for me, ToS seems like total garbage compared to TWS. I mean you can't even hotkey effectively in ToS. ToS is pretty but it has such limited functionality its nearly unusable for what I want to do anyway. Also had some crazy lag issues with ToS that cost me quite a bit of money. As far...
  5. M

    Can someone explain this to me? Capping of a Limit Order Price.

    Well I was told the reason I was getting them was because of the simulator environment so there is that but I feel the same what you do especially since I never once got that message while using TD Ameritrade and using limit orders in the exact same fashion. I have to say if I do get that...
  6. M

    I am leaving InteractiveBrokers after 6 months due bad experiences

    To be honest I think all Brokers have Pros and Cons. I started off with TD Ameritrade and it within a week of my first trade, using them cost me $1500 because their software couldn't keep up with the load at market open. I placed a Market Order to buy at market open, the order didn't appear to...
  7. M

    Is IBKR lite only for US residents?

    Yeah it was beyond bad. I even had one limit with a .05 cent offset not fill after market. To be honest though, it WAS the simulator so it is hard to say if the executions would be that bad in the live environment and I have seen a few people commenting that IBKR's simulator tends to function...
  8. M

    Is IBKR lite only for US residents?

    I just wanted to add that I decided to try out Interactive Brokers LITE and switched back to Pro almost immediately. Honestly, I just tried it in the Simulator so I can't say for sure if my experience with it would carry over to live but if it does and your an active traders, avoid lite like...
  9. M

    Can someone explain this to me? Capping of a Limit Order Price.

    Yeah I just had it happen a second time. Same situation, stock going up fast and moved my my stop up to be very tight with the intention of just letting the price fall back into my stop close. In this case the stock was trading at $1.94 so I put the stop loss at $1.86, got the message again...
  10. M

    Is IBKR lite only for US residents?

    Well that kind of sucks but I had planned to start off with using TWS for a while anyway so I will have to see if I am more profitable with Lite or Pro. I still think depending on execution speed, it is entirely possible that Lite will cost you more money in the long run but I am not sure if...
  11. M

    Can someone explain this to me? Capping of a Limit Order Price.

    What confuses me is that I was in the process of tightening up my stop loss so the gap would have been within .10 cents of the bid/ask level. That being the case, I can't see how the stop loss I tried to set was further than the maximum allowed distance from the current reference price...
  12. M

    Is IBKR lite only for US residents?

    Not necessarily. From what I have researched, if your are actually an experienced, professional trader, the ability to direct route your orders is considered a must have. Also all things being equal, i.e. being able to use a platform like DAS Trader Pro, they tend to say the fastest execution...
  13. M

    Can someone explain this to me? Capping of a Limit Order Price.

    I am rather new to trading and using the simulator today when I got a message about my limit order price being capped which really confuses me because I have live traded on TD Ameritrade in the same fashion without any message. The situation was I bought into HTZ at around $2.04 a share with an...
  14. M

    Is there a way to set up a hotkey to sell an open position by a percentage?

    I am relatively new to Interactive Brokers and have been looking all over the place trying to figure out a way to set up a hotkey to sell an open position by a percentage. With Interactive Brokers reputation for being Day Trader friendly, I can't see them not having an option to set up hotkeys...
  15. M

    Is IBKR lite only for US residents?

    I am curious about the DAS Trader support myself.
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