@MichaelGoode I forgot to mention this. Tradestation does not offer shorting OTC securities priced<$2,5 - all other securities are allowed to short.
@MichaelGoode ... Great article on your webpage. https://www.goodetrades.com/2009/09/how-to-borrow-shares-to-short/ Just to inform and update you. I'm currently a Tradestation and Interactive Broker client. The Tradestation platform have a "Short Locate" function, which search for HB securities. About 20-30% of the times when IB does not offer shortable securities I can find them at Tradestation. It takes around 30 sec up to 15 min (80% of times I get an answer within 2 min) to get the answer from a "locate request" - using their inbuild platform locate tool.... Thank you for all your great work (I have recentley bought the (How to read SEC filings) I really like your in depth academic style YOU ARE THE MAN!
Thank you very much for letting me know. I will update that blog post with this info
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@RolandWolf Hi Roland. Just to let you know, I'm a big fan of you - Hope you make a trading room one day (have you ever considered that? - You could easily get hundreds of subscribers I think.) I think you are a unique talented trader, just looking at your Profir Chart - Very impressed... linear trending uptrend. YOU ARE THE MAN!...
@KLDHNTD Hi - Is there any way to see the exact time on your entry/exit? It would help a lot to learn from your trades.
@Torkers Interactive Brokers are pretty cheap in the industry in general. Maybe someone is cheaper. I would suggest you dedicate a couple of hours work, creating a spreadsheet, with all the price variables, and compare different brokers. There are many fees to consider, so getting a overwiew in a spreadsheet is a great way. Also have in mind (if you prepare to make shortselling) that IB have way better borrows, than Thinkorswim. IB - TSW platform, also comes free. It can really pay to choose the right broker from start, so do the digging. - Link: https://www.interactivebrokers.com/en/index.php?f=1590
bro i am at thinkorswim and they accept european people and have a fixed fee of 6.95 $ per trade, no other fees.
Interactive Brokers are ewen cheaper, than Thinkorswim
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@Gert112 just became a fully transparent trader today!
Aloha Michael- I just watched lesson 9. Which APP do you use to update your news sources.
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