DislikedMay have found a broker giving access to currenex for $30/million,10000 minimum lot, and a JAVA api and FIX. Craig this may be interesting for you if you want to know PM me.Ignored
The breaking of a wave cannot explain the whole sea.
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DislikedMay have found a broker giving access to currenex for $30/million,10000 minimum lot, and a JAVA api and FIX. Craig this may be interesting for you if you want to know PM me.Ignored
DislikedIt obviously depends on the rates your broker offers, but some rough comparisons can be made.
If we take MB's forex rates, lets assume 2 pip spread on the EUR/USD and a $100,000 trade size. The commission will be (for example) 100,000 X 1.3310 X 0.00005 = $6.66, the pip value will be 0.00001 X 100,000 = $1. So to place a trade and cross the spread will be about $8.66.
Using IB's bundled stock rates, 1000 Shares @ USD 50 Share Price = $5.00, for a liquid stock the spread may be roughly $1, So to place a trade and cross the spread will be about...Ignored
DislikedI meant basic r% position sizing ie. risk for each trade is same -for example always 1% loss per trade if initial sl is hit. If you are using fixed 25000 size then you are using higher risk with larger stops (usually at the moments of higher volatility).Ignored
DislikedFrom your example to buy the 1000 stocks at 50 USD each, that would be 50k USD. What is the leverage like for stocks, offered by the broker? Is it like 100:1 as in forex for example? In other words, to place such a trade, can you do it with similar account size as you would do in forex?Ignored
DislikedI suppose the other consideration would be the intraday volatility of the asset. For example, even if we conclude that commissions are comparable, how does this compare with the average intraday movement range you expect in the stocks against the intraday movement range of currencies? Because I believe we also want to see the commission as a percentage of the moves and therefore the gains/losses we expect to make.Ignored
DislikedThe more heavily traded the market is (EUR/USD for example) the more efficient the market is.Ignored
DislikedThe strange thing is that at least my strategies work best with the most traded markets - and some of the strategies I use are really, really simple.Ignored
DislikedAlso I think stock market is much more random (meaning trends are not as strong as with forex) but I don't have any statistics about that, that's why I finally am trying to get my framework ready to be tested with larger sets of data on different markets - I really want to see how different methods work on different markets.Ignored
DislikedMikkom this looks like Christmas tree
Jokes aside, I noticed some orders opening way above or below the bars - how is this possible?Ignored
Disliked... Sorry for the long post, but I just wanted to outline some of my other thoughts on the pros and cons of different markets.Ignored
DislikedIt obviously depends on the rates your broker offers, but some rough comparisons can be made.
If we take MB's forex rates, lets assume 2 pip spread on the EUR/USD and a $100,000 trade size. The commission will be (for example) 100,000 X 1.3310 X 0.00005 = $6.66, the pip value will be 0.00001 X 100,000 = $1. So to place a trade and cross the spread will be about $8.66.
Using IB's bundled stock rates, 1000 Shares @ USD 50 Share Price = $5.00, for a liquid stock the spread may be roughly $1, So to place a trade and cross the spread will be about...Ignored
DislikedIB forex Euro Futures are €2.35. I would think one future is 100000 unitsIgnored
DislikedThe million dollar question is, which one of the those rules are you going to trade?Ignored