Just out of curiosity, do you trade equities? I only trade futures, and never have any problems with booktrader and stops. The only time I have had problems with stops is trading after hours. I didn't have TWS setup to accept after hours stops. I blamed IB for this because someone should have told me I needed to do this, but it wasn't a weakness with the software or execution. Just curious as IB has been great for me, and I've been with them for about a decade. Also, I only use the stand alone version and rarely upgrade.
Long as I've been around here, it never ceases to amaze me how some want to come on here and try to slam IB. Yet, they almost never say what firm is overall better to trade through. Give me a break! If you've got the time to slam IB, surely you have the extra few seconds to tell us who is better.
I love me some IB. Can't say about stocks but trading futures with Button Trader for the last 2 and a half years. Seen quite a few different markets. NEVER frozen, not a single execution error, excellent fills and speed, very secure, great conservative risk management. The only thing they dont do is promise to make me money. Like the previous poster said. Don't like IB, move! And tell us who you moved to and why they were so much better.
in these times of collapsing hedge funds and investment banks, stolen identities and Refcos... it seems like a market dominating, large, ultraconservative, well-established broker, that lets you trade anything in your account and has stringent security would be highly favored. But some prefer to wait until after a financial collapse, when they get notice that their 2-man broker, that got them slightly better prices, has now gone bankrupt, and your account will be locked for 6 months (or worse).
Do you place your trades exclusively via TWS or do you use other trading platform like NinjaT to place your trades ? Thanks,
with $20K ? I wouldn't trade 2 contracts I wouldn't hold anything overnight I wouldn't trade outside of RTH with only $20k, I wouldn't trade during this volatility, period.