(If you already have an account, login at the top of the page)
futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.
We are fundamentally different than most other trading sites:
We are here to help. Just let us know what you need.
We work extremely hard to keep things positive in our community.
We do not tolerate rude behavior, trolling, or vendors advertising in posts.
We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
We expect our members to participate and become a part of the community. Help yourself by helping others.
You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple.
OK - here's another crappy experience with Lightspeed - this time their margining/risk systems. Please let me know if this is usual with other stock brokers.....
So one of my stocks in my portfolio is doing exceptionally well, and I want to buy more with the dividends I've been collecting for the last 9 months from the other mediocre performers.
I place a GTC limit below the market to buy more.
I adjust my stop accordingly by increasing the quantity as the limit to buy more will be filled before the stop (hopefully!).
Their dumb system rejects the order based on the idea I dont have enough shares to sell. I have a margin account - so why not let me sell them on margin/assume a short at least??? The system is too stupid to see that I would be filled on my additional purchase. The Additional purchase and stop are about 33% away from each other!
Crazy!
OK the stock could gap down more than 33%, but my limit would then be elected. My stop may get filled before the limit as market orders may get priority over the limits - but I still have enough equity to cover the potential short sale. I admit I'm not 100% on the different exchanges regulations as regards to order priority.
Am I missing something here? This would never happen in the futures market.
Last edited by TheDude; November 18th, 2013 at 05:32 AM.
