rok,
OK, this looks like constructive discussion, let's go into details.
1. IB is not really direct access, although not typical online broker either. I wouldn't say it's a bad choice but good direct access is still better for fast daytrading (of course direct access demands deeper knowledge and skill in routing).
2. About faster fills when on the wrong side... that's right but there is no necessity in any conspiracy theory. You just buy into selling and that's why you get easy fast fill. Supply exceeds demand - easy to buy. Demand exceeds supply - easy to sell. Simple as that.
3. No time frame is friendlier comparing to other. The same major rules and laws apply in any of them. It's just one's personal preferences and temperament and risk tolerance that define one's preferred time frame.
4. No, when I am talking about reality I do not mean long or short side. In fact shorting in bear market not easier than it is in bull market, rather even harder.What I mean is: you are looking at things and talking about things that do not really relate to stock movement. This is really big topic, I wouldn't want to type all over again what I did not once... so let me address you to the article Dual Reality realitytrader.com. If this angle strikes you as intriguing you will be able to find plenty of material on the site that deepens this approach. Also, I would recommend you hardrightedge.com - very rich source of deep market knowledge. Take both of them seriously, there is much more of information than could be digested in one evening.
5. Do yourself a favor: quit once and for good this way of thinking: they rob us, we are victims, evil MMs are after innocent retailers etc. If you can't quit thinking like this, do yourself another favor: quit trading. One simply can not trade succesfully with this kind of mindset.
Best regards,
Vadym |
