- Joined
- 25 October 2019
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Hi all,
Gratitude in advance.
New here, but been lurking and absorbing like a sponge.
Background: I'm 38, have watched the markets for more than a decade and participated too.
Moved in from the UK in 2018. Now located in Melbourne, and currently between jobs. I plan to restart day-trading (always been my style) now that there's a bit of time on hands. Having had a successful career, have a bit saved on the side, currently sitting in off-set, part of which I will be dedicating to trading. Back in the uK, I used to hire Bloomberg terminals for 30-45 mins once a week, so I'm well entrenched in the methods, but am a bit confused with the tool selection here in Oz. I've always gone flat at the end of the day.
Question: What's the currently favoured reliable trade-execution platform? FP markets and IB seem to be on the radar, but just wanted to ask: DMA / Iress Viewpoint: is it all over the table? I need fast execution and hot-keys if possible, so the commsec Iress that I currently use in quite clunky- volume entry, multiple clicks etc.
Would IB offer quick-entry and exits on hotkeys? Does FP?
Also, FP is CFDs, which I don't mind, as long as it's over the table. FPmarkets just seems too good to be true. I know Nick Fabrio swears by it. So what's the catch? Do they take out your stops or take you on spreads during volatile sessions ? How does this compare vs IB?
Questions pertain to intra-day trading only.
Thanks !
Gratitude in advance.
New here, but been lurking and absorbing like a sponge.
Background: I'm 38, have watched the markets for more than a decade and participated too.
Moved in from the UK in 2018. Now located in Melbourne, and currently between jobs. I plan to restart day-trading (always been my style) now that there's a bit of time on hands. Having had a successful career, have a bit saved on the side, currently sitting in off-set, part of which I will be dedicating to trading. Back in the uK, I used to hire Bloomberg terminals for 30-45 mins once a week, so I'm well entrenched in the methods, but am a bit confused with the tool selection here in Oz. I've always gone flat at the end of the day.
Question: What's the currently favoured reliable trade-execution platform? FP markets and IB seem to be on the radar, but just wanted to ask: DMA / Iress Viewpoint: is it all over the table? I need fast execution and hot-keys if possible, so the commsec Iress that I currently use in quite clunky- volume entry, multiple clicks etc.
Would IB offer quick-entry and exits on hotkeys? Does FP?
Also, FP is CFDs, which I don't mind, as long as it's over the table. FPmarkets just seems too good to be true. I know Nick Fabrio swears by it. So what's the catch? Do they take out your stops or take you on spreads during volatile sessions ? How does this compare vs IB?
Questions pertain to intra-day trading only.
Thanks !
