I am thinking of switching broker from Lightspeed to Cobra trading and looking for some feedback from people that have/are a customer with them please?
Cobra seems attractive to me because they tick all the day traders criteria checklist inc good platforms, direct access and low commissions. They also have free routes for removing liquidity which I havent seen anywhere else.
I have also looked at Centrepoint and they seems to be a lot reviews online but im leaning towards Cobra because I could potentially have a very low margin between my gross and net profit with Cobra due to their low commissions and ecn fees.
If anyone has some feedback on Cobra I would love to hear it, particularly around their execution speed.
Futures (ES) live trading journal 4/09/21 Friday.
There was downward momentum in the PM. But that changed right before the open and after 10 minutes I would call the momentum up. There was a pullback after the new high which gave an entry to test the high. I went long (TT) and immediately got run over. There was a deeper pullback and I tried a second test of the highs. So I went long (2TC). After waiting about 30 minutes and the price missing by a tick to stopping me out twice., the price finally reached my 1st target where I sold 1 contract. I held the other contract but pulled my stop up either too early or too far and was stopped by a tick and missed a few more points.
Have a good weekend.