Is IB that good?

ghostrider · Feb 27, 2003

Quote from qdz2:

I cannot be less honest and straight-forward about this as it gets more and more serious.

IB quote is like a joke. I don't know why. There is fake bid/ask/size all the time. When you try to hit them, there is no execution. This could be either a serious irregular problem such as delays/missed-update in their systems, or the rumor which speculate that there are some sort of middle-man scheme manipulating the customers is true. I don't know. You tell me! me and friends are tired of these. It does not justify the commissions paid to you!

no now!
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thanks for letting us take your dough today qdz2 us manipulators made sure you had all those issues so you couldnt participate in the MONEY...... qdz2

LongShot · Feb 27, 2003

ghost ...heh heh

Andre · Feb 27, 2003

I used the IB datafeed through QuoteTracker. I used to have an Ameritrade account, and I used that for QuoteTracker, still trading with IB. The data from Ameritrade was noticeably better. I trade some thinner stocks, and lags to updates in volume and recent activity for some reason seems to be really obvious using IB data. There also seems to be more glitches or hang ups.

This does seem like a common complaint. I know I've seen it mentioned here on ET often. It does seem like something IB could improve on. I don't mind it so much because I'm more of a swing trader, and pennies shouldn't make a difference. But I'm not that good yet, so I too, wish the IB data feed and quotes were better. (Twice today I had an order at market, even below by a penny, not get filled.)

AndrÃ©

Hubert · Feb 27, 2003

it will record everting on you screen in real time

i use it for my newsletter it eorks great

good luck

qdz2 · Feb 27, 2003

okay. whatever you say!

nitro · Feb 27, 2003

Quote from macal425:

I once went to a restaurant where there were rumors that they were using horse meat in their stew instead of beef. They were 'stew manipulators'. I kept eating the stew, day in and day out and hated it. I would throw up at the end of every meal but kept going back for more. It was a terrible period of my life but what made it bearable was that at the end of every day I got to 'complain' to everyone how bad the stew was and to spread the rumor that they were using horsemeat instead of beef (although I had no basis for this belief except for my own paranoia).
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Was it the hind quarters of the horse they were serving you?

nitro

macal425 · Feb 27, 2003

Quote from nitro:

Was it the hind quarters of the horse they were serving you?

nitro
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Rumours that my friend and I heard were that the stew manipulators are using the buttocks of the horse. It was the stew manipulators that made me go back time and time again. It was never my fault.

Kicking · Feb 27, 2003

IB is great but they have some issues that can be very aggravating at times. Manipulation? I think there could be concern for manipulation on IDEAL but not in real markets even though now that I think of it I had a terrible fill with TMBR yesterday (filled at MKT right at the bottom of a quick downside move while my Quote.com quotes showed market 10 cents higher (Live Charts quotes not very reliable of course but TMBR picked up my shares right at the bottom!) .

On IDEAL I have seen some strange things happen and they can really screw you if they want to.

Catoosa · Feb 27, 2003

qdz2:
I have found RealTick to be very reliable for charts and data. I keep RealTick up and running for quotes and information and use IB and other brokers to place orders. If the quotes on IB do not look right, I can look at the RealTink quotes to place the order; But, most of the time the IB quotes are accurate. The RealTick is $250 a month and you really should have multi monitors to make use of what RealTick has to offer.

Catoosa

Catoosa · Feb 27, 2003

macal425:
I had to get up and walk to my window and gather myself after reading your post about the "horse meat stew". It made my day and I could not stop laughing. That was great.

Catoosa