Quick Order execution of amount of shares.

Discussion in 'Interactive Brokers' started by Gazillionaire, Jul 13, 2021.

  1. Does IB platform have something similar to webull slider to automatically trade amount of shares in % of account balance without having to calculate and manually type in the numbers?
    Similarly for closing %amount of a stock position?
    Can this amount be programmed into predefined hot keys?
    Say 3% 5% ,8%, ...etc
     
    Last edited: Jul 13, 2021
  2. Robert Morse

    Robert Morse Sponsor

    Good morning Gazillionaire- If IB's TWS does not work for you, using Lightspeed Trader with an account with us, you can set up a hot key or hot button for a percent of your total BP or percent of our available BP. This example is a buy order, matching the current bid, sent to ARCA, for 10% of available BP to open a position but do nothing if to cover a short.

    upload_2021-7-13_7-7-16.png
     
  3. That is on a PC? I use a tablet to trade 30sec parabolic breakout.
    I do not need any tools or even charts.I just need a direct access broker with fastest execution method like a webull slider but reviews
    claim webull does not have the fastest orders filled even though their slider is simple and efficient.
    Also, between IB and lightspeed, which has a cheaper fee if I prefer to count by number of trades instead of number of shares because I trade penny stocks?
     
  4. mrrvogl

    mrrvogl

    You can do $ amount but I haven't seen % amount. Also $ amount must be 100+ shares or it will default to a minimum of 100 shares.