Down Again

Discussion in 'Strategy Building' started by Ebo, Aug 14, 2003.

  1. I've accepted that IB cannot be 100% reliable. To be fair, no single broker can be up 100% of the time. The cost would be prohibitive.

    What I've done is have a backup brokerage account elsewhere.

    Perhaps that's something to consider.

    -- ITZ
     
    #11     Aug 14, 2003
  2. ITZ,

    Thank you for your good suggestion. I agree 100%, and full redundancies are my number one priority as I build up my account and get to a point where I can afford them. I fully accept and know from experience that outages are a fact of life, even on the most expensive trading floors in the world. Nonetheless, it's troubling to know that I could be stuck in a position when others are not, even in a situation as mundane as this one.

    I would still prefer that a market leader like IB with a service as robust as TWS would be prepared for these eventualities.

    Can I ask who you use as your backup broker, and were they up this whole time?
     
    #12     Aug 14, 2003