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Freddie

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Everything posted by Freddie

  1. Just commission difference. Only 3 commissions versus 4. Not a big difference when starting out but can add up when you get to a few contracts. thx,
  2. Maybe I did not explain myself. I enter long the $10 Dow future at say 12500. At 12600 I decide to take half profits so I sell one $5 Dow future. At 12650 my exit signal kicks in so I sell another $5 Dow future. So I've bought 1 $10 dow future and sold 2 $5 dow futures. Interactive Brokers does not match them so that at the end of the day I've got 1 long $10 dow future and short 2 $5 dow futures. Some brokers balance them at the end of the day from what I've heard so that you would have no outstanding trades left. I'm looking for a broker that matches these futures. I hope this better explains it. thx,
  3. I currently am using Interactive Brokers to trade and am looking at moving into the Dow futures. I read that most brokers match your long and shorts for the $10 and $5 Dow futures so that you can buy say 1 $10 Dow future and then sell 2 $5 futures and you are even on all trades. From my correspondence with IB they don't allow this. What brokers are you aware of that allow this? thx, Fred
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