More advice needed!!!! Yes its that time of the month!
- Thread starter Splat
- Start date
Splat, avoid UK market. Quotes are bad, commissions are bad, software (browser based) is bad.
Get account with IB. Do not quit your job â trade after work.
You will be surprised how much time it takes to understand even the most fundamental daytrading setups.
You will be shocked how much money you can lose while you are learning the trading game.
Under no circumstances use the money you canât flush down the toilet and feel remorse.
And remember, with the pain comes the pleasure and vice versa.
Enough rambling â good luck and safe trading (use stop losses allways).
Get account with IB. Do not quit your job â trade after work.
You will be surprised how much time it takes to understand even the most fundamental daytrading setups.
You will be shocked how much money you can lose while you are learning the trading game.
Under no circumstances use the money you canât flush down the toilet and feel remorse.
And remember, with the pain comes the pleasure and vice versa.
Enough rambling â good luck and safe trading (use stop losses allways).
MIKI
âSplat, avoid UK market. Quotes are bad, commissions are bad, software (browser based) is badâ
MarkDavis
âAgree, the UK markets are way behing the US and the main European markets. It seems that they can't accept the fact that we live in 2002. Not 1852!â
SPLAT
âBut there doesnt seem to
be any flexibility here to trade as in the US. For instance
I have not come across any (I am sure there must be)
DA brokerages - it seems that here in the UK as with
most other things these kinds of things are virtual monopolies
with one or two main suppliersâ
Like I said the UK markets ARE crap.
âSplat, avoid UK market. Quotes are bad, commissions are bad, software (browser based) is badâ
MarkDavis
âAgree, the UK markets are way behing the US and the main European markets. It seems that they can't accept the fact that we live in 2002. Not 1852!â
SPLAT
âBut there doesnt seem to
be any flexibility here to trade as in the US. For instance
I have not come across any (I am sure there must be)
DA brokerages - it seems that here in the UK as with
most other things these kinds of things are virtual monopolies
with one or two main suppliersâ
Like I said the UK markets ARE crap.
Hi Everyone,
Thanks a lot for the feedback.
I am initially going to get a Direct Access account at IB initiallyas recommended by some of you. I am also thinking of
maybe creating an esignal equities only (50 Symbols,
AMEX, NYSE, NASDAQ LI + LII, LSE) datafeed costing $219 pm
and also esignal market scanner (turbo package) at $59 pm.
I am planning to use the datafeed for some trend analysis using
Tradestation 2000i to complement the market scanner package.
Do people think this is a good idea? Also what do you think of the
esignal packages I have indicated above?
Thanks
Splat
Thanks a lot for the feedback.
I am initially going to get a Direct Access account at IB initiallyas recommended by some of you. I am also thinking of
maybe creating an esignal equities only (50 Symbols,
AMEX, NYSE, NASDAQ LI + LII, LSE) datafeed costing $219 pm
and also esignal market scanner (turbo package) at $59 pm.
I am planning to use the datafeed for some trend analysis using
Tradestation 2000i to complement the market scanner package.
Do people think this is a good idea? Also what do you think of the
esignal packages I have indicated above?
Thanks
Splat