Trades:
SLD 500 LMCO false Stock 1.4700 USD ARCAEDGE 12:33:15 2.50 null
+ SLD 20,000 ADSY false Stock .035 USD SMART 14:16:16 3.48 null
+ SLD 2,000 ADSY false Stock .035 USD SMART 14:33:42 1.00 null
+ SLD 1,094 SMTX false Stock 3.400 USD DRCTEDGE 15:38:25 5.47 null
+ BOT 1,094 SMTX false Stock 3.380 USD SMART 15:39:06 5.47 null
09:34:53 SIRG B 0.51 10000 NITE
09:33:47 SIRG B 0.55 10000 NITE
09:43:42 SIRG S 0.59 5000 PFSI
09:42:53 SIRG S 0.61 5000 NITE
09:42:04 SIRG S 0.61 3377 NITE
09:42:04 SIRG S 0.61 1623 NITE
09:41:17 SIRG S 0.59 5000 NITE
Daily profit: $1,367.50
Disclosure: Short 500 LMCO and 22,000 ADSY. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Since IB doesn’t let you reserve shares… do you put an order in above the current price just to reserve shares? Does that work on IB?
How do you trade OTCBB’s premarket in IB? I wanted to grab some shares of TAMO premarket today when they were available. I know you can only use ARCAEDGE. However, the options for premarket trading were grayed out in Trader Workstation; I only had the option for DAY or GTC orders.
Booyah – You can’t reserve shares with any method. Whomever fills an order first gets the shares.
James – There is a setting or two you need to change to enable premarket trading and you need to change your order time in force (there is a checkbox if you click on the time in force; select “fill outside of rth”).
Top two items on my bucket list:
-Learn how to trade a 3 cent stock.
-Figure out how to do more then enter a simple limit order with TWS.
Maybe someday before I die!
eh the r/r on 3 cents stocks isn’t good … ADSY mangled me today. And simple limit orders are really all that gutter-folk like us need.
Hmmm…having trouble figuring it out.
For example, with MIPS, there is no problem. I can right click on the order, hit “Modify order ticket”, and then either click the checkbox for “Allow this order to be filled outside of regular trading hours” or the checkbox for “Allow order to be filled during pre-open session.” But with TAMO, those options are greyed out, even if put in ARCAEDGE as my destination. I still have this problem even if I go to the Configuration menu and click the “Allow order to be activated, triggered, or filled outside of regular trading hours” in the order presets.
ah crap, it looks like IB changed that with their most recent update of TWS. I really have no clue now …