Hey guys is it possible to trade the indexes I tried to trade spx with ib but a window pops up saying you can't trade indexes?
An index is just that. You need to trade an index derivative: futures, ETFs, options or futures options. It is frightening to think that you have a live account and are asking this question.
That's an "LOL", though pathetic at the same time.. "Just PILE IN WITH YOUR DOUGH (hardly knowing "come here" from "sick 'em") AND HOPE TO GET RICH... Not!
i am a newbie (who males lotes of mistakes) Should have shorted rimm in the morning for a few minute I new it was going to go down (wasn't sure if it was going to pop back up, but i would have made a few bucks). I was watching visa and knew to go long in the morning, fridays volume at the end of the day gave it away, but guess what i didn't. what did I do? I went long on ipi because I thought 44 was pretty low for the stock and I am down 500 bucks already I don't know why I always end up doing the wrong move