Quote from stock777:
1. So I can steal your computer and trade your account to zero.
2. So you can blow up a trade and leave IB on the hook for the losses? Or did you mean set it so you have less margin.....heh
3. How is the competition gonna make a living if they give it away for free?
Even if my computer was stolen, I really doubt some junky is going to open TWS and decide to short oil. TWS isn't that user friendly.
And if you read my post correctly I said set my margin requirement above IBs level, not below. The idea being that you then can't blow up your account, because you've limited your total position size to X% of your funds. It's to make automated trading safer so you can't accidently submit hundreds of orders and send yourself bankrupt.
And as for your third point. You obviously have difficultly reading as I never said I wanted anything for free. I said I wanted better functionailty in book trader.
Runningbear