My goal is to make at least 30% per month

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I have witnessed and have been a victim IMO of a market manipulation:
Bid=1.00 Ask=1.40
I wanted an immediate fill of a short-selling and have submitted a limit order @ 1.00.
In TWS a warning came saying something about "customer protection and pricecap at 1.25",
I waited about a minute, nothing happened, then I increased my limit to 1.40, and wanted then try 1.00 again, but...
...suddenly the Bid changed to 0.75...
Ie. a lost opportunity!...
Maybe a now lucky someone frontran my order... :confused:

The said warning had this link for further info:
http://ibkr.com/pricecap
--> https://www.interactivebrokers.com/en/index.php?f=14186

View attachment 165850

you should move to THink or Shit. They would have filed you at 40 cents instantly and then resold it at $1 lol . At least they are honest enough to have a price cap
 
you should move to THink or Shit. They would have filed you at 40 cents instantly and then resold it at $1 lol . At least they are honest enough to have a price cap
I have no experience with TOS.
I'm always using limit orders only.
 
Tomorrow I'll try to switch the time zone in TWS to US ET...

Update:

Ok, I already did it, and it works!
One just needs to add the following into the start script just before the line where TWS gets started:
export TZ="US/Eastern"

(BTW, this is of course on Linux :) In Windows one would use
set TZ="US/Eastern"
(the Windows thing is untested here, just guessing)
 
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:banghead::banghead::banghead::banghead::banghead::banghead::banghead:

I cannot believe this thread even exists anymore... this is just a joke!

It's ... a ... sim ....

Your orders do not show up in the orderbook... just on your screen... and nobody is front running you... because you are in a sim!!!!
 
Some posters still don't understand the point.
It's about reporting a possible important bug in the system or in the platform... Warning other users about such an issue...
 
:banghead::banghead::banghead::banghead::banghead::banghead::banghead:

I cannot believe this thread even exists anymore... this is just a joke!

It's ... a ... sim ....

Your orders do not show up in the orderbook... just on your screen... and nobody is front running you... because you are in a sim!!!!
Hey Jack, one more such a silly posting and you are in my ignore list!...
 
So what did IB say when you reported the sim-front running scheme?

[edit, I guess I just hit the ignore list ;)]

[edit 2, I'm just trying to get this thread to the Hall of Fame!!! :D]
 
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