i trade + have hired 2 traders so need to deduct salaries/expenses
would like to hire a lot more and trade as many markets as possible
are you classified non-pro or pro at IB?
if non-pro you should be fine.
if pro then are you getting charged a non display fee?
Some brokers require data subscription to trade. For example Tradestation, Tradovate.
I think IB doesn't require (but they warn you before each...
I guess I need to hire a programmer to create a way to submit orders via API and use separate data/charting platform.
Here is sample of fees:
Not included: CBOE, OTC, ARCA, ICE, etc.
As a non-pro you can get access to nearly all market day for like $20/month.
As a pro you are forced to pay like $1,000+/month for the same...
I already tried this is 2019 and 2020 and it will not work.
1 IB is wrong broker (for futures, stocks/options ok).
2 Need automated risk...
Is there a symbol for real-time index data/charts to trade off of?
How do you size a pair?
For example, here are notional estimates:
1 MNQ = 30,000 Notional
1 M2K = 11,000 Notional
1 MES = 20,000 Notional
Do any other futures brokers currently offer membership plans for commission free trading?
Crypto has totally changed the game. There is so much innovation in Fintech. Really the best time to be a trader.
Can someone explain the "market maker fee." I know it only applies to designated market makers but seems strange. What benefit do the MMs get to...
I predict volume within 2 years:
1 Micro Bloomberg US Large Cap Index Futures > ES
2 Micro Super Tech Index Futures > NQ
3 More Indexes added...
Check out their fees: incredibly low.
Like I said: total game changer.
I'm really looking forward to this. It is a total game changer.
I understand the need for clearing fees and commissions but for CME to charge...
Here is the shift that has happened:
1 Exchanges have transition from just collecting exchange fees to collecting exchange fees and very large...
Yes because many brokers don't even allow execution on their platform without data connection. If you execute via API then that is different but...
Blowups are really inevitable unless you:
1 Keep a lot of your cash in illiquid assets like real estate.
2 Speculate with only 15% of your net...
I use Tradovate for futures and IB for options.
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