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same problem

Before going live I suggest you learn the difference between a limit order and a market order... and how the queue affects your fill on a limit order.

A few months ago I switched from Lightspeed to IB for daytrading stocks. I've used IB in the past for futures. The first thing I did was change the 'stop' order type from the default "double bid/ask method" to "last". I didn't see any advantage to the double bid/ask method. But recently I've...

maybe because of the new uptick rule

http://www.nytimes.com/2010/12/10/business/global/10daytrade.html?_r=3&ref=business .

And what is your definition of a successful trader? .

Has anyone taken Ken Chow's course? Any feedback from past students would be appreciated.

Words of wisdom... It's surprising how many 'so called' VSA experts can't comprehend this simple concept. .

I've been using two of them for over a year with none of the problems you discribed. http://www.tigerdirect.com/applications/SearchTools/item-details.asp?EdpNo=4266219&CatId=466

I lived in Newport Beach for years. Now I'm a little bit south in Dana Point. There's a reason it's expensive... it's a great place to live. Good weather, low humidity, no bugs. I walk on the beach almost every day... great stress relief after a day of trading. In the winter I'll take a...

J, Read 'Master The Markets' by Tom Williams. Google it... you'll find it out there for free. It does a good job of explaining the relationship between price and volume. ~Mike

Not sure why you ended your sentence with a question mark. For daytrading money management is the key to success. Every new trader thinks they're going to pick 70+% winners and the money will take care of itself. Then reality sets in. As time goes by you realize 40% winners with a good...

Hi NYOBScalper, Sounds good. Could you elaborate on how you "get in front of institutional orders." ~Mike

Don't know. Send them an email. ~Mike

traderm, You can set up different hotkeys. Alt-left click, shift-left click, ctrl-left click (on 'ask size' instead of ask), etc, etc, etc, etc A pain to keep track of. One of many reasons so many IB customers use a different front end. Ninja Trader, Button Trader, Bracket Trader, etc...

Hi traderm, It would probably be easiest to do in IB's Book Trader. Watch an archived training webinar on IB's home page. One click limit order with an OCO stop and limit 'bracket order' attached. Then just 'drag and drop' to adjust if needed. ~Mike

Willleung, It's adequate for stretching your workspace to view additional charts. That's all I've ever used it for. So beyond that, I don't know. ~Mike

Hi gilch, I'm in the process of ordering a new trading computer. But in the mean time, when my wife kicks me off the computer, I've been using my laptop. Whatever brand you end up with, I would suggest getting a 17". Not as much for the larger screen, but having the number pad on the right...

MetaTrader is by far the best free forex charting available. Open a demo account with any MT4 broker and just use the charts. If you don't mind spending a little, try Ensign. $40 a month... froex feed included. ~Mike

Who cares? Trade.... Make money.... Be happy...