ur pretty insane with risks if you actually use 300$ margin, you could easely whipe out ur account, I use no less than 2500 per contract
The $300 was not my idea nor do I approve of it. I'm quite comfortable with $1500 though since my scalping strat is very exit oriented and average .50 DD with 2 points hard stop always in place with better than 65% WL ratio.
Try TransAct directly without IB You have to pay the platform but if your trades are more than 200 R/T per month it's free I think you should pay 3.42 R/T (max 3.60) call Bill Zimmerman at 877-872-3303
This looks good, the only thing would be if XT could be hooked up to it that it does not seem so? They seem to have a good feed though. At 3.42 they appear to be higher than Direct Fill at 3.32 but if the platform is included then it makes sense.
Osorico, Thanks your input. So by the looks of it still Direct Fill at 3.32 all in seems to be the best deal so far. The only thing remains to see if XT could be hooked up to it or not then allowing .65 for XT puts it at 3.97 which is about the same as Global since the latter at that price has allof CME included. I wonder if it would be best to go, Direct Fills + IQFEED + XTRADER That would be 3.32+.05(IQFEED)+.03(Exchange)+.65 XT = 4.05 same as having 2 platforms and 2 feeds?! I don't know, the choicec so far are the latter, Global and Transact that at 3.42 you also get an acceptable platform with?
For me the volume data is a MUST and, it seems that IQF is the only one that in the next few days will provide this so, going with Trans Sierra Charts is included with which IQ can be used too hence, Trans = 3.42+.05+.03 = 3.50 the lowest so far to get the volume and a reasonable platform, still having 2 data feeds also which is a plus.
Lorenzo, I said: Direct Fills + IQFEED + XTRADER That would be 3.32+.05(IQFEED)+.03(Exchange)+.65 XT = 4.05 same as having 2 platforms and 2 feeds?! That is if XT could be hooked into Direct Fill? But of all the above I so far prefer the Transactive option, since for 3.50 you get: Trans Feed + Sierra Charts +IQFEED + E-MINIS = 3.50 The only question is how is Sierra Charts??? I have no experience with that but I know that it can simultanously be hooked to IQF and Trans, which is very good.
ask yourself at first, do you really need X_Trader. This soft is essential for scalpers and redundant for non-scalpers.