Anyone trading the SPY with market orders? Using simple stop orders for placing stop-losses (rather than stop-limit)?
Wich order routing is the best for this (my broker is IB)?
Works this with ARCA?
Thanks
Rob
How much will be my maximal loss on a $2600 IB futures account trading one contract emini NQ with this style of trading:
Trading only 9.30-11.00 am EST.
No trade on FED days and in the 30 minutes after a number came out.
Number of trades average 3 per day.
Average trade length 5 minutes...
Is it ok to use market orders in the TWS when trading the QQQ on Island?
IB will convert it to a limit order at the best available price, or am I wrong?
(newbie at IB)
Thanks