You guys have nothing better to do than talking down a 20-year old on his dads laptop on a saturday morning, who are the sad persons here? I bet you guys don't even know what you're talking about
You usually take care of both sides of the conversation, just use one of your maaaaaaaaany other aliases Come on, entertain us on Saturday morning!
$2K to open IB account for futures. With that you get a papertrader acct. Not much you can trade with $2K. ZC, ZF, NQ to name a few. Best to start with at least $10K min. $50K is more realistic but not without a system that works for you.
No. No. No. It is there right on their web page: 10k min to open an account (3k for students, 4k IRAs). You need 2k margin to TRADE futures. http://individuals.interactivebrokers.com/en/accounts/fees/minimumDeposits.php?ib_entity=llc Quit posting shit you have no knowledge of.
I also think that targeting an individual customer is a bit inefficient. I mean, if they did that then basically all they're doing is robbing each customer full time. The way I see it, the statistics of failure with retail traders are so high that the brokerage shouldn't have to cheat in order to make a profit. Its like with gambling, the house has the edge so it really doesn't pay for them to cheat - its easy enough to make money without doing that, and you don't expose yourself to the risk of a scandal if you're caught. Concerning running stops, how exactly do the market makers do this? I'm still a bit rusty on my market mechanics. This is how I see it... You (the retail trader) want to buy Swissy. The market maker is constantly out there buying and selling lots of Swissy, virtually every few seconds, from the IB market, right? So the mm hits a bid for Swissy in the IB market at 1.0800, turns around and bids it to the retail trader at a markup of 1.0805. The mm pockets 5 pips. The Swissy moves up to 1.0820 bid in the IB market. The mm moves up his bid to 1.0825. The retail trader his the bid at 1.0825. MM makes 5 pips. So far so good, right?
And those 6 currency micro contracts M6x with margin requirements between 270 and 450 USD intraday and overnite. Hittfeld