[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[EquisMetaStock Group] Question about broker. Anyone use IB?



PureBytes Links

Trading Reference Links

Andrew,

Have you tried Medved's QuoteTracker as a front end for any broker 
(such as Interactive Brokers)?
I don't use IB or the Medved product, but I've been following the 
user groups for both of these on the Silicon Investor web site. While 
you can see for yourself how users feel, it looks like most users are 
as satisfied as anyone ever gets with the Medved software.

Ross


>From the Medved site:

Medved QuoteTracker is a Windows Freeware program that provides 
streaming Real-Time quotes, Multi-day Live intraday charts with 
Technical Indicators, Level II quotes, Time and Sales, alerts, news 
monitoring, and everything else you may need to effectively trade in 
today's market. Full Integrated Trading is supported through many 
brokers. You can trade through your own broker using QuoteTracker 
direct access interface. Order Entry and transaction monitoring is 
drastically faster.




--- In equismetastock@xxxxxxxxxxxxxxx, "Andrew Tomlinson" 
<andrew_tomlinson@xxxx> wrote:
> 
> SJ
> 
> I use IB as one of my brokers. In my experience, their execution is
> excellent. They also seem to have better access to shares to borrow 
than any
> other discount broker. My reservation (and why I don't use them 
more) is
> that I find their software interface complicated and confusing. I am
> reasonably careful about entering orders, but I have had more 
mistakes with
> IB than any other broker (not their errors - just a confusing 
interface). If
> you want to use them I recommend going through the online manual, 
although
> it is enormous - otherwise you may find you are making assumptions 
that are
> incorrect - e.g., be clear if your stop orders on electronic 
futures are
> active in the overnight sessions or not.
> 
> They also provided some incorrect gain/loss reporting which they 
did not
> correct, and were aggressive in denying the problem until I proved 
it to
> them.
> 
> All in all, great execution, great product reach, no hand-holding, 
confusing
> order interface and caveat emptor. A professional execution 
platform,
> nothing more.
> 
> For most of my stock and stock option execution I use 
OptionsXpress -
> excellent order interface, great analytics (IB is not good for 
analytics)
> and free intraday charts through prophet. 
> 
> Andrew
> 
> 
> -----Original Message-----
> From: fuminator [mailto:no_reply@xxxxxxxxxxxxxxx] 
> Sent: Tuesday, July 27, 2004 11:45 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Question about broker. Anyone use 
IB?
> 
> 
> Hello,
> 
> Just want a honest opinion from anyone using IB as their broker, 
and 
> how do you like their trade execution?  I'm currently using 
> TDWaterhouse, and I like this service very much, but it is does not 
> offer different types of trading except for stocks and options in 
US.
> 
> Besides, I want to scale into my positions a little at a time, and 
I 
> find that IB's transaction cost to be favorable in this type of 
> situation.  I want a solid broker with excellent execution.  That's 
> all I'm looking for.  Thanks.
> 
> SJ
> 
> 
> 
> 
>  
> Yahoo! Groups Links



------------------------ Yahoo! Groups Sponsor --------------------~--> 
Yahoo! Domains - Claim yours for only $14.70
http://us.click.yahoo.com/Z1wmxD/DREIAA/yQLSAA/BefplB/TM
--------------------------------------------------------------------~-> 

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/equismetastock/

<*> To unsubscribe from this group, send an email to:
    equismetastock-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/