ARCA lists the brokers: http://www.tradearca.com/company/broker_access.asp Even IB can trade thru ARCA. Does IB have trailing stop?
Do we really want to re-open that can of worms? If you want to read the can its here: http://www.elitetrader.com/vb/showthread.php?threadid=1671 Kirk
Scary post about trailing stop in the wrost case. Bottom line is I need to find a broker that at least provide a stop order in the computer until hits, the one that no one can see in the floor. Any help?
Cybercorp has a good trailing stop feature that you can customize and it stays local on your computer. You can program multiple exit and entry points with their software based on price movement. The risk is if your computer crashes or locks up you don't have protection. I hear their service has gone downhill since Schwab purchased them though. Dave D.
I highly recommend ECHOtrade (http://www.echotradeonline.com) for trailing stops. They let you do it both ways, stops that are visible on the exchange and stops that are held off the exchange on the server. They also let you use trailing stops on all NASDAQ stocks. I use them daily and am very impressed. -Jim
I read Rtharp's club message board. It seems a good broker but I can not turn pro yet. Is there any other broker that privode the same kind of stop order?