Trading DOW for profit

[Peter36]

Nice one Tonka,
If I might just add a footnote it would be to have your stake to close the trade already entered in the onlinetrading page ready to close out as soon as there is solid evidence of a reversal in the trend at which point I would not wait for the market to hit the 25 point stop, just take the money and run.

 

[eatontrade]

Anyone interested in direct access trading should take a look at Tradestation. The software has a Matrix window which shows the order book on a price ladder which you simply click on to place trades/orders. The matrix also shows realtime P&L and volume bars at each price. Very powerful ! - Low commission also...........and no I dont work for them, Just spent to long paying wide spreads and getting ripped off like the posters above.

 

[JonnyT]

IB has all this and is cheaper then Tradestation.

i.e. no $99 pcm platform fees, cheaper execution fees.

JonnyT

 

[eatontrade]

Tradestation have waived the 99pcm fee for anyone doing more than a few trades - would like lower commission though. How much cheaper are they ?