StockFetcher Forums · General Discussion · IBs Scale Trader<< >>Post Follow-up
JohnyYuma
59 posts
msg #149417
Ignore JohnyYuma
10/25/2019 11:12:42 AM

Folks

Does anyone know if any commission-free trading platform has the same functionality as Interactive Broker's 'scale trader' Algo - basically what this algo does is let you enter a large position by scaling in at lower prices and specifying the profit offset in advance AND ALSO re-activating the same order again once both the sides have completed. This does not require any manual intervention

I checked Think or Swim - which is free now - but could not find anything similar

IBRKR also has a free - LITE - trading platform but they do not provide this algo in the Free LITE trading platform

Any information will be highly appreciated

Thanks in advance

JohnyYuma
59 posts
msg #150106
Ignore JohnyYuma
1/4/2020 10:23:30 AM

For those of you, who may be interested - IB is planning to make Algos available for a charge, in their IBRKR LITE Program - free trades - the charges are not yet mentioned on their Web Site Yet
Thanks

mahkoh
1,062 posts
msg #150113
Ignore mahkoh
1/4/2020 9:13:13 PM

IB PRO often fills me at a better price than I settled for, I don't assume they will do that with the free version as well.

StockFetcher Forums · General Discussion · IBs Scale Trader<< >>Post Follow-up

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