7 Comments »

sam said:
christian:
about interactive brokers, don’t they charge min fee of $10/month and its trading platform isn’t as user friendly as td/etrade etc…
# 30 January 2007 at 8:04 am

Christian Gross said:
IB charges a min of 10 USD for real time feeds, if your trades don’t add up to 30 USD per month. Considering that one trade is a 1 even if there was a 10 USD min I would use them.
Now about their platform not being as friendly. Fair enough, but once you become an active trader their platform is very very powerful.
IB is not for the once in a while person. IB is meant for “professional” traders. I had a heck of a time figuring things out. But now that I know what I am doing I appreciate their platform because it lets me look at things in a very fast and effective manner.
You know the old rule, a mouse is great for easy to use software. But give a mouse to a data entry person and they will scream at how they want their tabs and keyboard entry back. Easy to use != professional != easy to use
# 30 January 2007 at 8:48 am

Christian Gross said:
One more thing, IB’s software is meant to trade literally millions of securities throughout the world. Thus to navigate this data they have a “routine”. It is not a routine that say TD has to deal with because they deal with American equities for the most part.
For example what is F? Is it a bond? Index? Option? Future? Stock? All of this depends on the country, currency and market.
# 30 January 2007 at 8:51 am

sam said:
christian:
thx..i am looking to subscribe IB..i know they have propietory software “workstation”..so i guess you have to “load” it in your computer be it home or office? am i right?
i also am impressed by the range of options available on IB…
what trading tools (software) for technical analysis and stock screener you recommend.
# 31 January 2007 at 8:06 am

Christian Gross said:
There are three options to using IB:
Web trader: which is an easy to use interface, but not really realtime.
Java Applet: which is the trade station software run as an applet.
Installed on Desktop: which is the trade station software installed on your desktop.
# 31 January 2007 at 9:45 am
Pay Attention: We are on the Edge on InvestorGeeks said:
[...] Last week (1,2) I talked about how the DJI should be breaking through the 12,700 barrier. We did not break through it, and I am I started to be concerned. Some technical analysts will draw pretty pictures with lines in multiple directions, but we are hitting a resistance point. I like technical analysis, but use it in conjunction with mathematics and probability. [...]
# 2 February 2007 at 5:59 pm
BloggerJacks > Pay Attention: We are on the Edge said:
[...] Last week (1,2) I talked about how the DJI should be breaking through the 12,700 barrier. We did not break through it, and I am starting to become concerned. Some technical analysts will draw pretty pictures with lines in multiple directions, but we are hitting a resistance point. I like technical analysis, but use it in conjunction with mathematics and probability. [...]
# 13 August 2007 at 2:57 am

Leave your response!

We're...