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Palmer
1
Palmer Oct 10, 15 9:55 AM

At least the price on TOS moves with the current bid/ask in your order form, IB the same. Per all three I believe that IB has more tickers to short, that is the main reason. If TOS had more shortable tickers I would be staying put. TOS does have good charts and scans so I'll be using TOS of rthose and IB as my main broker. The Level 2 in TOS is not good but ETRADE Pro has good Level 2. IB you have to pay for it but going to skip that option. Hope some of this helps my friend.

ironmiketyson86
ironmiketyson86 Oct 10, 15 10:14 AM

thanks for the useful in Palmer. right now I am using TDAmeritrade. I don't really mind the platform but I hear of a lot of people switching to IB so I figured I'd find out what all the praise was about. I haven't tried shorting yet with TD and won't until I am confident I see a pattern I like and will probably just do a small test to see if there are any shares at all... thanks for the help mate!

Palmer
2
Palmer Oct 10, 15 6:00 PM

Mike: No problem...if you can use the TOS platfrom and click on the trade tab at the top you will see if the ticker is marked as ETB for easy to borrow, HTB hard to borrow, or NTB no shares to borrow...marked in the upper right. No sure how it looks in TDAmeritrade..

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hammadshahir
1
hammadshahir Oct 01, 15 1:53 AM

I trade SPY instead of SPX and also I trade liquid stocks such as Goog, IBM, MSFT, NFLX, BIDU etc. Yes, selling credit spreads is great tool to generate almost constant income.

XL127
XL127 Oct 01, 15 5:53 PM

Agreed.

historepeats
1
historepeats Oct 04, 15 11:48 AM

@XL127 , Just wanted to say thanks for taking the time to posting the suggestion to watching Karen. It has taken me to find out about Dough TV and Tasty Trader. More importantly, showing me the right way to trade options. Buying calls and puts is enough to make anyone quit trying. Thanks again.

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